SBA lending record
Viking Electric, Inc.
654 Norway Ave, Spring Grove, MN 55974 · 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.
$2.8M
Total SBA financing
1
Loan on record
FY2025
On record
14
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$2,800,000 — FY2025
- Gross approval
- $2,800,000
- SBA guaranteed
- $2,100,000 (75%)
- Status
- Current
- Rate at approval
- 9.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/15/2025
- First disbursement
- 7/1/2025
- Days to fund
- 47 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Citizens Community Federal National Association
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Viking Electric, Inc. in Spring Grove, MN (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 $2.8M
- On record FY2025
- 14 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Spring Grove, MN
- Lender: Citizens Community Federal 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 Viking 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 Viking Electric, Inc..