SBA lending record
Thomas Electric, Inc.
161 Nick Fitcheard Rd, Huntsville, AL 35806 · 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.
$773K
Total SBA financing
3
Loans on record
FY2021–24
On record
63
Jobs supported
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All 3 loans
$320,600 — FY2024
Loan 1 of 3- Gross approval
- $320,600
- SBA guaranteed
- $240,450 (75%)
- Status
- Current
- Rate at approval
- 8% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/18/2023
- First disbursement
- 3/6/2024
- Days to fund
- 109 days
- Collateral
- Required
- Jobs supported
- 23
The lenders
Trustmark Bank
2 loans to this business- Total assets
- $18985.0B
- Deposits
- $15860.5B
- Loans outstanding
- $14008.7B
- Net income
- $59.6B
- Return on assets
- 1.2567717051416092%
- Return on equity
- 10.75%
- Total equity
- $2217.9B
- Offices
- 182
- Founded
- 12/1
- Headquarters
- 248 E Capitol St, Jackson, MS, 39201
- FDIC cert
- 4988
- Website
- www.trustmark.com
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Thomas Electric, Inc..