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SALT & LIGHT ELECTRIC LLC — SBA Loan Record (Saint Michael, MN) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MN

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SBA lending record

SALT & LIGHT ELECTRIC LLC

2363 JANDELL AVE NE, Saint Michael, MN 55376 · 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.

$50K

Total SBA financing

1

Loan on record

FY2026

On record

3

Jobs supported

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

Is SALT & LIGHT ELECTRIC LLC 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

$50,000 — FY2026

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Committed
Rate at approval: 10.49% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/2/2026
Collateral: None
Jobs supported: 3
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: U.S. Bank, National Association
Address: 2363 JANDELL AVE NE
City: Saint Michael, 55376
County: Wright
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

The lender

U.S. Bank, National Association

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

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.

ENCORE ELECTRIC LLC

Maple Grove, MN· ~12 mi

Electrical Contractors and Other Wiring Installation Contrac

$70K
SBA financing: ≈ $137K–$229K
Est. revenue (rough)

CURRENT MASTERZ LLC

Brooklyn Park, MN· ~18 mi

Electrical Contractors and Other Wiring Installation Contrac

$49K
SBA financing: ≈ $96K–$160K
Est. revenue (rough)

Hometown Electrical Services LLC

Zimmerman, MN· ~17 mi

Electrical Contractors and Other Wiring Installation Contrac

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

MOOSE CLIFF COMPANIES LLC

Chaska, MN· ~28 mi

Electrical Contractors and Other Wiring Installation Contrac

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

GRIFFIN ELECTRICAL LLC

Minneapolis, MN· ~17 mi

Electrical Contractors and Other Wiring Installation Contrac

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

Legend Electric LLC

Monticello, MN· ~5 mi

Electrical Contractors and Other Wiring Installation Contrac

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for SALT & LIGHT ELECTRIC LLC in Saint Michael, MN (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 $50K
On record FY2026
3 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Saint Michael, MN
Lender: U.S. Bank, National Association

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 MN for ~$50k 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 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/salt-light-electric-llc-mn
API:: https://dealroom.so/api/public/businesses/salt-light-electric-llc-mn
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 SALT & LIGHT ELECTRIC LLC 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 SALT & LIGHT ELECTRIC LLC.