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How to finance a Mr. Electric in South Carolina
The SBA 7(a) lenders funding the most Mr. Electric deals in South Carolina, 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 South Carolina
Ranked by funded Mr. Electric loans in South Carolina. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.575 loans · $220M · De Graff, OHFull record →
- 2.20 loans · $8M · Saint Petersburg, FLFull record →
- 3.741 loans · $149M · Northbrook, ILFull record →
7+ funded Mr. Electric in South Carolina 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.
- Mr. Electric of North Myrtle Beach in Little River, SC — $150K (2025) · CenTrust Bank, A Division of SmartBiz Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 13.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 3 days
- Approved
- 6/27/2025
- First disbursed
- 6/30/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Existing or more than 2 years old
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
Funded by CenTrust Bank, A Division of SmartBiz Bank National Association · Lender record →
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- Hendley Enterprises LLC in Simpsonville, SC — $255K (2024) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $191K (75%)
- Approval → funding
- 28 days
- Approved
- 3/6/2024
- First disbursed
- 4/3/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- 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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- L&H, Inc. in Little River, SC — $150K (2024) · BayFirst National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 13.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 2 days
- Approved
- 2/7/2024
- First disbursed
- 2/9/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Existing or more than 2 years old
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
Funded by BayFirst National Bank · Lender record →
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- L&H, Inc. in Little River, SC — $80K (2024) · BayFirst National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 13.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $68K (85%)
- Approval → funding
- 13 days
- Approved
- 9/11/2024
- First disbursed
- 9/24/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Existing or more than 2 years old
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
Funded by BayFirst National Bank · Lender record →
Your business? Claim this record · Request removal
- Popp Home Services LLC in Boiling Springs, SC — $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
- 33 days
- Approved
- 8/31/2023
- First disbursed
- 10/3/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- 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 →
Your business? Claim this record · Request removal
- Mr. Electric of Anderson in Greenwood, SC — $135K (2022) · Newtek Small Business Finance, Inc.
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $115K (85%)
- Approval → funding
- 19 days
- Approved
- 11/11/2021
- First disbursed
- 11/30/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
Funded by Newtek Small Business Finance, Inc.
Your business? Claim this record · Request removal
- Vindex Voltage, LLC in Lancaster, SC — $150K (2021) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $135K (90%)
- Approval → funding
- 8 days
- Approved
- 3/23/2021
- First disbursed
- 3/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- 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 →
Your business? Claim this record · Request removal
Buying a Mr. Electric in South Carolina? 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.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded Mr. Electric loans with a South Carolina project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Mr. Electric purchase in South Carolina with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded South Carolina deals. United Midwest Savings Bank National Association funds the most here. DealRoom is not a lender.
- $150K typical Mr. Electric loan
- 4 lenders active in South Carolina
- 7+ funded South Carolina deals
- 13 days typical to fund
Buyers buying a Mr. Electric in South Carolina 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 2026-06-16.
- Sources: