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True Electric Limited Liability Company — SBA Loan Record (Rahway, NJ) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/NJ

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SBA lending record

True Electric Limited Liability Company

496 ELM AVE, Rahway, 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.

$150K

Total SBA financing

1

Loan on record

FY2024

On record

6

Jobs supported

Is True Electric Limited Liability Company 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

$150,000 — FY2024

Gross approval: $150,000
SBA guaranteed: $75,000 (50%)
Status: Current
Rate at approval: 11.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/10/2024
First disbursement: 6/21/2024
Days to fund: 11 days
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: TD Bank, National Association
Address: 496 ELM AVE
City: Rahway
County: Union
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 6

The lender

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

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.

Ali Electrical Contractor Corporation

Colonia, NJ· ~1 mi

Electrical Contractors and Other Wiring Installation Contrac

$240K
SBA financing: ≈ $471K–$784K
Est. revenue (rough)

LINOS HVAC LLC

Union, NJ· ~6 mi

Electrical Contractors and Other Wiring Installation Contrac

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

SICA LIGHTING & ELECTRICAL CORP

Fords, NJ· ~6 mi

Electrical Contractors and Other Wiring Installation Contrac

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

RUEGER ELECTRICAL CONTRACTING LLC

Kenilworth, NJ· ~5 mi

Electrical Contractors and Other Wiring Installation Contrac

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

DF MASTER LLC

Elizabeth, NJ· ~6 mi

Electrical Contractors and Other Wiring Installation Contrac

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

ZEUS ELECTRICAL SOLUTIONS LLC

Scotch Plains, NJ· ~6 mi

Electrical Contractors and Other Wiring Installation Contrac

$65K
SBA financing: ≈ $127K–$212K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for True Electric Limited Liability Company in Rahway, 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 $150K
On record FY2024
6 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Rahway, NJ
Lender: TD 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 NJ for ~$150k 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/true-electric-limited-liability-company-nj
API:: https://dealroom.so/api/public/businesses/true-electric-limited-liability-company-nj
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 True Electric Limited Liability Company 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 True Electric Limited Liability Company.