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WELSH & SONS ELECTRIC, INC. — SBA Loan Record (Niles, MI) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MI

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SBA lending record

WELSH & SONS ELECTRIC, INC.

835 Carberry Rd, Niles, MI 49120 · 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.

$100K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

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

Is WELSH & SONS ELECTRIC, INC. 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

$100,000 — FY2020

Gross approval: $100,000
SBA guaranteed: $50,000 (50%)
Status: Paid in full
Rate at approval: 5.75% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/21/2020
First disbursement: 1/31/2020
Days to fund: 10 days
Paid in full: 11/30/2024
Collateral: None
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: The Huntington National Bank
Address: 835 Carberry Rd
City: Niles, 49120
County: Berrien
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 6

The lender

The Huntington National Bank

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

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.

Linear Electric, Inc.

Benton Harbor, MI· ~21 mi

Electrical Contractors and Other Wiring Installation Contrac

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

Leatherman Electric

Ligonier, IN· ~40 mi

Electrical Contractors and Other Wiring Installation Contrac

$116K
SBA financing: ≈ $228K–$380K
Est. revenue (rough)

Lake City Electric LLC

Warsaw, IN· ~45 mi

Electrical Contractors and Other Wiring Installation Contrac

$124K
SBA financing: ≈ $243K–$405K
Est. revenue (rough)

Gates Electric Inc

Hamilton, MI· ~61 mi

Electrical Contractors and Other Wiring Installation Contrac

$86K
SBA financing: ≈ $169K–$282K
Est. revenue (rough)

H & T Electrical Services LLC

North Judson, IN· ~48 mi

Electrical Contractors and Other Wiring Installation Contrac

$124K
SBA financing: ≈ $243K–$405K
Est. revenue (rough)

K.C. ELECTRICAL CONSTRUCTION, INC

Midlothian, IL· ~80 mi

Electrical Contractors and Other Wiring Installation Contrac

$105K
SBA financing: ≈ $206K–$343K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for WELSH & SONS ELECTRIC, INC. in Niles, MI (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 $100K
On record FY2020
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Niles, MI
Lender: The Huntington National Bank

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 MI for ~$100k 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/welsh-sons-electric-inc-mi
API:: https://dealroom.so/api/public/businesses/welsh-sons-electric-inc-mi
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 WELSH & SONS 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 WELSH & SONS ELECTRIC, INC..