Lender intelligence
Financing a electrical contractors and other wiring installation contrac acquisition in Indiana
The SBA 7(a) lenders funding the most electrical contractors and other wiring installation contrac acquisitions in Indiana, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in electrical contractors and other wiring installation contrac · Indiana
Ranked by funded electrical contractors and other wiring installation contrac acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
- 2.168 loans · $205M · Fishers, INFull record →
- 3.1 loans · $2M · Columbus, INFull record →
5+ funded Electrical Contractors and Other Wiring Installation Contrac in Indiana 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.
- Banner Electric in Plymouth, IN — $625K (2026) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $469K (75%)
- Approval → funding
- 44 days
- Approved
- 12/16/2025
- First disbursed
- 1/29/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $694K
- Est. down payment (10%)
- $69K
- Est. cash at closing
- $93K
- Monthly payment
- $8,173
- Annual debt service
- $98K
- Cash flow needed (1.25×)
- $123K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Internet Bank of Indiana · Lender record →
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- Heads Electric LLC in Evansville, IN — $1.1M (2025) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $802K (75%)
- Approval → funding
- 17 days
- Approved
- 3/11/2025
- First disbursed
- 3/28/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 18
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $1.2M
- Est. down payment (10%)
- $119K
- Est. cash at closing
- $163K
- Monthly payment
- $8,251
- Annual debt service
- $99K
- Cash flow needed (1.25×)
- $124K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
- GRM Group LLC in Seymour, IN — $540K (2025) · purchase · Centra Credit Union
- Program
- 7a General
- Rate at approval
- 9.65% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $405K (75%)
- Approval → funding
- 4 days
- Approved
- 6/27/2025
- First disbursed
- 7/1/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $600K
- Est. down payment (10%)
- $60K
- Est. cash at closing
- $80K
- Monthly payment
- $7,032
- Annual debt service
- $84K
- Cash flow needed (1.25×)
- $105K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Centra Credit Union · Lender record →
Your business? Claim this record · Request removal
- Heads Electric LLC in Evansville, IN — $350K (2025) · purchase · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $175K (50%)
- Approved
- 3/11/2025
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 18
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $389K
- Est. down payment (10%)
- $39K
- Est. cash at closing
- $52K
- Monthly payment
- $4,434
- Annual debt service
- $53K
- Cash flow needed (1.25×)
- $67K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
- Ultimate Indiana Electric LLC in Leo, IN — $332K (2025) · purchase · The Garrett State Bank
- Program
- 7a General
- Rate at approval
- 10.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $249K (75%)
- Approved
- 1/13/2025
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $369K
- Est. down payment (10%)
- $37K
- Est. cash at closing
- $49K
- Monthly payment
- $4,526
- Annual debt service
- $54K
- Cash flow needed (1.25×)
- $68K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Garrett State Bank
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to electrical contractors and other wiring installation contrac businesses with a Indiana project address.
Agent summary
How to finance a electrical contractors and other wiring installation contrac acquisition in Indiana with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Indiana deals. Old National Bank funds the most here. DealRoom is not a lender.
- $496K typical loan
- 4 lenders active in Indiana
- 5+ funded Indiana deals
- 17 days typical to fund
Buyers buying a electrical contractors and other wiring installation contrac in Indiana typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.