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Salem Electric Inc. — SBA Loan Record (North Salem, NY) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/NY

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SBA lending record

Salem Electric Inc.

483 HARDSCRABBLE RD, North Salem, NY 10560 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$15K

Total SBA financing

1

Loan on record

FY2021

On record

—

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Salem Electric Inc. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$15,000 — FY2021

Gross approval: $15,000
SBA guaranteed: $11,250 (75%)
Status: Cancelled
Rate at approval: 9.75% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/3/2021
Collateral: None
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Manufacturers and Traders Trust Company
Address: 483 HARDSCRABBLE RD
City: North Salem, 10560
County: Westchester
SBA district office: NEW YORK DISTRICT OFFICE
Congressional district: 18

The lender

Manufacturers and Traders Trust Company

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding electrical contractors and other wiring installation contrac — by location, industry.

SBA lenders in New York Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in New York

Similar businesses

Comparable electrical contractors and other wiring installation contrac in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

SW Networking LLC

Baldwin Place, NY· ~8 mi

Electrical Contractors and Other Wiring Installation Contrac

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

A.M.T. ELECTRICAL CONTRACTING LLC

Montrose, NY· ~19 mi

Electrical Contractors and Other Wiring Installation Contrac

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

Lore Electric Corporation

Mahopac, NY· ~9 mi

Electrical Contractors and Other Wiring Installation Contrac

$35K
SBA financing: ≈ $69K–$114K
Est. revenue (rough)

Prefect Solution LLC

Bronx, NY· ~34 mi

Electrical Contractors and Other Wiring Installation Contrac

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

ElectricCity Inc.

Woodhaven, NY· ~48 mi

Electrical Contractors and Other Wiring Installation Contrac

$15K
SBA financing: ≈ $29K–$49K
Est. revenue (rough)

414 Electric Corporation

Bronx, NY· ~34 mi

Electrical Contractors and Other Wiring Installation Contrac

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Salem Electric Inc. in North Salem, NY (Electrical Contractors and Other Wiring Installation Contrac). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $15K
On record FY2021
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: North Salem, NY
Lender: Manufacturers and Traders Trust Company

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Contractors and Other Wiring Installation Contrac businesses in NY for ~$15k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/salem-electric-inc-ny
API:: https://dealroom.so/api/public/businesses/salem-electric-inc-ny
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Salem Electric Inc. your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Salem Electric Inc..