SBA lending record
Spring Electric, Inc.
93 BLUE FACTORY RD, Averill Park, NY 12018 · 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.
$250K
Total SBA financing
2
Loans on record
FY2024–25
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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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.
All 2 loans
$150,000 — FY2025
Loan 1 of 2- Gross approval
- $150,000
- SBA guaranteed
- $75,000 (50%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/8/2025
- First disbursement
- 4/16/2025
- Days to fund
- 8 days
- Collateral
- Required
- Jobs supported
- 2
The lender
Arrow Bank National Association
2 loans to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Spring Electric, Inc. in Averill Park, 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.
- 2 SBA 7(a) loans totaling $250K
- On record FY2024–25
- 2 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Averill Park, NY
- Lender: Arrow Bank National Association
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
Is Spring 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 Spring Electric, Inc..