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WALCO ELECTRIC COMPANY — SBA Loan Record (Providence, RI) | DealRoom

Intelligence/All Other Miscellaneous Electrical Equipment and Component M/RI

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SBA lending record

WALCO ELECTRIC COMPANY

303 ALLENS AVE, Providence, RI · All Other Miscellaneous Electrical Equipment and Component M. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.5M

Total SBA financing

1

Loan on record

FY2021

On record

75

Jobs supported

Is WALCO ELECTRIC 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

$2,500,000 — FY2021

Gross approval: $2,500,000
SBA guaranteed: $2,250,000 (90%)
Status: Cancelled
Rate at approval: 6% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/5/2021
Collateral: Required
Jobs supported: 75
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other Miscellaneous Electrical Equipment and Component M
NAICS code: 335999
Lender: Newtek Small Business Finance, Inc.
Address: 303 ALLENS AVE
City: Providence
County: Providence
SBA district office: RHODE ISLAND DISTRICT OFFICE
Congressional district: 1

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding all other miscellaneous electrical equipment and component m — by location, industry.

SBA lenders in Rhode Island Lenders for all other miscellaneous electrical equipment and component m All Other Miscellaneous Electrical Equipment and Component M lenders in Rhode Island

Similar businesses

Comparable all other miscellaneous electrical equipment and component m in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Save Energy Systems, Inc.

Westborough, MA· ~34 mi

All Other Miscellaneous Electrical Equipment and Component M

$1.4M
SBA financing: ≈ $2.7M–$4.6M
Est. revenue (rough)

Connecticut Valley Industries, LLC

Old Saybrook, CT· ~63 mi

All Other Miscellaneous Electrical Equipment and Component M

$3.3M
SBA financing: ≈ $6.5M–$11M
Est. revenue (rough)

TULIMIERI ASSOCIATES, INC.

Glastonbury, CT· ~61 mi

All Other Miscellaneous Electrical Equipment and Component M

$2.7M
SBA financing: ≈ $5.3M–$8.8M
Est. revenue (rough)

ATLANTIC AUTOMATION GROUP, LLC

Bristol, RI· ~10 mi

All Other Miscellaneous Electrical Equipment and Component M

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

Longrange LLC

Franklin, NH· ~114 mi

All Other Miscellaneous Electrical Equipment and Component M

$2.3M
SBA financing: ≈ $4.5M–$7.6M
Est. revenue (rough)

PKS COMPONENTS LLC

Smithfield, RI· ~8 mi

All Other Miscellaneous Electrical Equipment and Component M

$180K
SBA financing: ≈ $353K–$588K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for WALCO ELECTRIC COMPANY in Providence, RI (All Other Miscellaneous Electrical Equipment and Component M). 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 $2.5M
On record FY2021
75 jobs supported
Industry: All Other Miscellaneous Electrical Equipment and Component M
Location: Providence, RI
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Miscellaneous Electrical Equipment and Component M businesses in RI for ~$2.5M 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/walco-electric-company-ri
API:: https://dealroom.so/api/public/businesses/walco-electric-company-ri
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 WALCO ELECTRIC 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 WALCO ELECTRIC COMPANY.