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How to finance a Mr. Electric in Iowa
The SBA 7(a) lenders funding the most Mr. Electric deals in Iowa, from public loan records — typical Mr. Electric loan about $150K. A bank already funding the brand in your state knows it twice over.
Most active with Mr. Electric in Iowa
Ranked by funded Mr. Electric loans in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.575 loans · $220M · De Graff, OHFull record →
1+ funded Mr. Electric in Iowa deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Abramoff Electric, LLC dba Mr. Electric of Iowa City in Iowa City, IA — $150K (2023) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 6 days
- Approved
- 9/28/2023
- First disbursed
- 10/4/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
Funded by United Midwest Savings Bank National Association · Lender record →
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Buying a Mr. Electric in Iowa? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
DealRoom analysis of public SBA 7(a) lending records; ranked by funded Mr. Electric loans with a Iowa project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Mr. Electric purchase in Iowa with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Iowa deals. United Midwest Savings Bank National Association funds the most here. DealRoom is not a lender.
- $150K typical Mr. Electric loan
- 1 lenders active in Iowa
- 1+ funded Iowa deals
- 6 days typical to fund
Buyers buying a Mr. Electric in Iowa typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- 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.