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Soucy Electric Corporation — SBA Loan Record (Marquette, MI) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MI

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SBA lending record

Soucy Electric Corporation

104 Timber Lane, Marquette, MI 49855 · 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.

$300K

Total SBA financing

1

Loan on record

FY2021

On record

8

Jobs supported

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

Is Soucy Electric Corporation 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

$300,000 — FY2021

Gross approval: $300,000
SBA guaranteed: $270,000 (90%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/5/2021
First disbursement: 3/22/2021
Days to fund: 45 days
Paid in full: 2/28/2026
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Nicolet National Bank
Address: 104 Timber Lane
City: Marquette, 49855
County: Marquette
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

The lender

Nicolet National Bank

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

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.

Northern Electric Services, Inc.

Springbrook, WI· ~214 mi

Electrical Contractors and Other Wiring Installation Contrac

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

DIVISION 16 ELECTRIC, LLC

Fridley, MN· ~302 mi

Electrical Contractors and Other Wiring Installation Contrac

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

GB Acquisition, Inc.

Antigo, WI· ~127 mi

Electrical Contractors and Other Wiring Installation Contrac

$430K
SBA financing: ≈ $843K–$1.4M
Est. revenue (rough)

NORTH SKY ELECTRIC LLC

Calumet, MI· ~72 mi

Electrical Contractors and Other Wiring Installation Contrac

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

Sound By Design LLC

Minneapolis, MN· ~310 mi

Electrical Contractors and Other Wiring Installation Contrac

$287K
SBA financing: ≈ $563K–$939K
Est. revenue (rough)

5001 Properties LLC

Minneapolis, MN· ~305 mi

Electrical Contractors and Other Wiring Installation Contrac

$345K
SBA financing: ≈ $676K–$1.1M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Soucy Electric Corporation in Marquette, MI (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 $300K
On record FY2021
8 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Marquette, MI
Lender: Nicolet National Bank

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 MI for ~$300k 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/soucy-electric-corporation-mi
API:: https://dealroom.so/api/public/businesses/soucy-electric-corporation-mi
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 Soucy Electric Corporation 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 Soucy Electric Corporation.