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TRUTH ELECTRIC LLC — SBA Loan Record (Forney, TX) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/TX

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SBA lending record

TRUTH ELECTRIC LLC

5536 MCCLELLAND ST, Forney, TX 75126 · 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

FY2025

On record

1

Jobs supported

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

Is TRUTH ELECTRIC LLC 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 — FY2025

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Current
Rate at approval: 13.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/3/2025
First disbursement: 8/3/2025
Days to fund: 0 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: CenTrust Bank, A Division of SmartBiz Bank National Association
Address: 5536 MCCLELLAND ST
City: Forney, 75126
County: Kaufman
SBA district office: DALLAS / FT WORTH DISTRICT OFFICE
Congressional district: 4

The lender

CenTrust Bank, A Division of SmartBiz 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 Texas Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Texas

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.

Klahn Designs LLC

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$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

GET ER LIT LLC

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$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Cleaver Electric, Inc.

Kaufman, TX· ~16 mi

Electrical Contractors and Other Wiring Installation Contrac

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Freddie America limited liability company

Nevada, TX· ~17 mi

Electrical Contractors and Other Wiring Installation Contrac

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

C & F ELECTRICAL CO LTD

Rockwall, TX· ~5 mi

Electrical Contractors and Other Wiring Installation Contrac

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Lonestar EV Network LLC

Plano, TX· ~26 mi

Electrical Contractors and Other Wiring Installation Contrac

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for TRUTH ELECTRIC LLC in Forney, TX (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 FY2025
1 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Forney, TX
Lender: CenTrust Bank, A Division of SmartBiz 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 TX 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/truth-electric-llc-tx
API:: https://dealroom.so/api/public/businesses/truth-electric-llc-tx
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 TRUTH ELECTRIC LLC 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 TRUTH ELECTRIC LLC.