SBA lending record
Star-Lo Electric, Inc
32 S Jefferson Rd, Whippany, NJ · 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.
$5.0M
Total SBA financing
1
Loan on record
FY2024
On record
300
Jobs supported
Is Star-Lo 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.
The loan
$5,000,000 — FY2024
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/26/2024
- First disbursement
- 8/29/2024
- Days to fund
- 34 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Star-Lo Electric, Inc in Whippany, NJ (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 $5.0M
- On record FY2024
- 300 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Whippany, NJ
- Lender: ConnectOne Bank
Is Star-Lo 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 Star-Lo Electric, Inc.