Lender intelligence
Financing a electrical contractors and other wiring installation contrac acquisition in Michigan
The SBA 7(a) lenders funding the most electrical contractors and other wiring installation contrac acquisitions in Michigan, 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 · Michigan
Ranked by funded electrical contractors and other wiring installation contrac acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
- 2.168 loans · $205M · Fishers, INFull record →
- 3.7 loans · $9M · Ann Arbor, MIFull record →
- 4.284 loans · $254M · Cincinnati, OHFull record →
12+ funded Electrical Contractors and Other Wiring Installation Contrac in Michigan 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.
- Beacon WI-FI Technologies, Get Unplugged Now in Grand Rapids, MI — $4.0M (2024) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $3.0M (75%)
- Approval → funding
- 14 days
- Approved
- 9/11/2024
- First disbursed
- 9/25/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- 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
- $4.5M
- Est. down payment (10%)
- $447K
- Est. cash at closing
- $618K
- Monthly payment
- $55,960
- Annual debt service
- $672K
- Cash flow needed (1.25×)
- $839K
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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- VSC, Inc. in Novi, MI — $2.2M (2024) · purchase · Fifth Third Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.7M (75%)
- Approved
- 9/21/2024
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 22
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $2.5M
- Est. down payment (10%)
- $248K
- Est. cash at closing
- $342K
- Monthly payment
- $27,129
- Annual debt service
- $326K
- Cash flow needed (1.25×)
- $407K
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 Fifth Third Bank · Lender record →
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- Audible Immersive Experiences Corporation in Redford, MI — $1.7M (2024) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% fixed
- Term
- 192 mo (16 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 14 days
- Approved
- 10/24/2023
- First disbursed
- 11/7/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $187K
- Est. cash at closing
- $257K
- Monthly payment
- $16,035
- Annual debt service
- $192K
- Cash flow needed (1.25×)
- $241K
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 Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Beacon WI-FI Technologies, Get Unplugged Now in Grand Rapids, MI — $350K (2024) · purchase · First Internet Bank of Indiana
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $175K (50%)
- Approval → funding
- 13 days
- Approved
- 9/12/2024
- First disbursed
- 9/25/2024
- Loan status
- Current
- Loan type
- Revolving line
- 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
- $389K
- Est. down payment (10%)
- $39K
- Est. cash at closing
- $52K
- Monthly payment
- $4,871
- Annual debt service
- $58K
- Cash flow needed (1.25×)
- $73K
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 →
Your business? Claim this record · Request removal
- Audible Immersive Experiences Corporation in Redford, MI — $300K (2024) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (50%)
- Approval → funding
- 14 days
- Approved
- 10/24/2023
- First disbursed
- 11/7/2023
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $333K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $45K
- Monthly payment
- $3,882
- Annual debt service
- $47K
- Cash flow needed (1.25×)
- $58K
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 Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- A & N Electric, Inc. in Ann Arbor, MI — $921K (2023) · purchase · University Bank
- Program
- 7a General
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $691K (75%)
- Approval → funding
- 13 days
- Approved
- 5/18/2023
- First disbursed
- 5/31/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $1.0M
- Est. down payment (10%)
- $102K
- Est. cash at closing
- $140K
- Monthly payment
- $11,923
- Annual debt service
- $143K
- Cash flow needed (1.25×)
- $179K
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 University Bank · Lender record →
Your business? Claim this record · Request removal
- A & N Electric, Inc. in Ann Arbor, MI — $200K (2023) · purchase · University Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $100K (50%)
- Approval → funding
- 11 days
- Approved
- 4/28/2023
- First disbursed
- 5/9/2023
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $222K
- Est. down payment (10%)
- $22K
- Est. cash at closing
- $30K
- Monthly payment
- $2,534
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $38K
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 University Bank · Lender record →
Your business? Claim this record · Request removal
- Hobson Electric Co., Inc. in Onaway, MI — $380K (2022) · purchase · Central Savings Bank
- Program
- 7a General
- Rate at approval
- 5.25% fixed
- Term
- 204 mo (17 yrs)
- SBA guaranteed
- $285K (75%)
- Approval → funding
- 27 days
- Approved
- 5/12/2022
- First disbursed
- 6/8/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $422K
- Est. down payment (10%)
- $42K
- Est. cash at closing
- $56K
- Monthly payment
- $2,818
- Annual debt service
- $34K
- Cash flow needed (1.25×)
- $42K
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 Central Savings Bank
Your business? Claim this record · Request removal
- Hobson electric Co Inc in Onaway, MI — $50K (2022) · purchase · Central Savings Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approval → funding
- 25 days
- Approved
- 5/14/2022
- First disbursed
- 6/8/2022
- Loan status
- Paid in full (6/30/2025)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $56K
- Est. down payment (10%)
- $6K
- Est. cash at closing
- $7K
- Monthly payment
- $536
- Annual debt service
- $6K
- Cash flow needed (1.25×)
- $8K
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 Central Savings Bank
Your business? Claim this record · Request removal
- Valley Electrical Contractors, Inc. in Midland, MI — $5.0M (2020) · purchase · 1st State Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.5% fixed
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $3.7M (75%)
- Approval → funding
- 27 days
- Approved
- 9/3/2020
- First disbursed
- 9/30/2020
- Loan status
- Paid in full (3/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 144
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $5.5M
- Est. down payment (10%)
- $550K
- Est. cash at closing
- $761K
- Monthly payment
- $92,283
- Annual debt service
- $1.1M
- Cash flow needed (1.25×)
- $1.4M
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 1st State Bank · Lender record →
Your business? Claim this record · Request removal
- SMGR LLC in Taylor, MI — $841K (2020) · purchase · Chelsea State Bank
- Program
- 7a General
- Rate at approval
- 4% variable
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $630K (75%)
- Approval → funding
- 16 days
- Approved
- 7/15/2020
- First disbursed
- 7/31/2020
- Loan status
- Past due
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $934K
- Est. down payment (10%)
- $93K
- Est. cash at closing
- $128K
- Monthly payment
- $5,093
- Annual debt service
- $61K
- Cash flow needed (1.25×)
- $76K
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 Chelsea State Bank · Lender record →
Your business? Claim this record · Request removal
- Grand Rapids Electric Motor Services, LLC in Grand Rapids, MI — $352K (2020) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $264K (75%)
- Approval → funding
- 119 days
- Approved
- 5/4/2020
- First disbursed
- 8/31/2020
- Loan status
- Paid in full (7/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
If you were the buyer here
- Est. deal size
- $391K
- Est. down payment (10%)
- $39K
- Est. cash at closing
- $52K
- Monthly payment
- $5,058
- Annual debt service
- $61K
- Cash flow needed (1.25×)
- $76K
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 Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Financing a electrical contractors and other wiring installation contrac deal in Michigan? Start with the right lender
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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 Michigan project address.
Agent summary
How to finance a electrical contractors and other wiring installation contrac acquisition in Michigan with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Michigan deals. The Huntington National Bank funds the most here. DealRoom is not a lender.
- $496K typical loan
- 7 lenders active in Michigan
- 12+ funded Michigan deals
- 14 days typical to fund
Buyers buying a electrical contractors and other wiring installation contrac in Michigan 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.