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NAICS 23821023

SBA Loans for Electrical Contractors

Electrical Contractors are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving electrical contractors loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding electrical contractors
Total loans
15,339
all programs
Approved $
$3.8B
last 5 years
Avg loan
$251K
median $145K
Most active lender
U.S. Bank, National Association
1,214 loans
Jobs supported
312K
cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS
32.8%
19%
22.9%
12.8%
7%
3.7%
1.9%
<$50K
$50–100K
$100–250K
$250–500K
$500K–1M
$1–2M
$2M+
Most common range
$100K – $250K
34% of loans
Median
$145,000
90th percentile
$612,000
ELECTRICAL CONTRACTORS-FRIENDLY LENDERS

The 5 lenders that approved 41% of electrical contractors SBA loans last year.

Submit your electrical contractors profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

Get matched
~ 2 MIN · NO COMMITMENT

Top lenders for electrical contractors

U.S. Bank, National Association
1,214
JPMorgan Chase Bank, National Association
1,056
Wells Fargo Bank National Association
889
The Huntington National Bank
861
TD Bank, National Association
643
Bank of America, National Association
551

Top states for electrical contractors loans

CA
2,028
NY
947
TX
911
FL
864
OH
731
MA
704
Loan records · Electrical Contractors
Showing largest 500 of 15,339 records
Sort:
Triple J &amp; A Holdings LLC
Smithtown Hamlet Of Hauppauge, NY · 11788
$5,500,000
504
Empire State Certified Development Corporation$220K/job · 2025-07-11
RTL Electric Company, Inc.
Chantilly, VA · 20151
$5,000,000
7(a)
First Bank of the Lake$50K/job · 2026-01-27
Jelec USA Inc
Katy, TX · 77493
$5,000,000
7(a)
Texas Gulf Bank, National Association$116K/job · 2018-11-29
Robert B. Samuels Inc.
New York, NY · 10001
$5,000,000
7(a)
Hanover Community Bank$29K/job · 2020-04-23
TEMPORARY POWER SERVICES, INC
West Valley City, UT · 84119
$5,000,000
7(a)
First Internet Bank of Indiana$357K/job · 2023-07-13
Electric Advantage Inc
Rockville, MD · 20850
$5,000,000
7(a)
First Bank of the Lake$417K/job · 2022-02-23
RBS Management Partners,Inc.
New York, NY · 10018
$5,000,000
7(a)
Financial Resources Federal Credit Union$27K/job · 2021-09-28
Vision Electric, LLC
Bondurant, IA · 50035
$5,000,000
7(a)
Lincoln Savings Bank$36K/job · 2018-12-13
Library Holdings, LLC
Las Vegas, NV · 89113
$5,000,000
504
California Statewide Certified Development Corporation$132K/job · 2025-08-08
Del Monte Electric Co.
Dublin, CA · 94568
$5,000,000
504
Mortgage Capital Development Corporation$250K/job · 2025-08-07
Joe Dickey Electric, Inc
North Lima, OH · 44452
$5,000,000
7(a)
The Huntington National Bank$167K/job · 2020-05-13
Rio Luna Properties, LLC
Dublin, CA · 94568
$5,000,000
504
Mortgage Capital Development Corporation$250K/job · 2025-08-08
Harness Power, Inc.
Corona, CA · 92879
$5,000,000
7(a)
Newtek Small Business Finance, Inc.$18K/job · 2022-10-27
Echo Canyon Electric, Inc.
Phoenix, AZ · 85050
$5,000,000
7(a)
First Bank of the Lake$42K/job · 2025-08-29
Medina Electric, LLC
Hamel, MN · 55340
$5,000,000
7(a)
The Huntington National Bank$41K/job · 2021-05-17
Megawattage LLC
Fort Lauderdale, FL · 33312
$5,000,000
7(a)
Lake Michigan CU$179K/job · 2021-08-05
Critical Electric Systems Group, LLC
Plano, TX · 75074
$5,000,000
7(a)
Frost Bank$33K/job · 2019-10-22
Powerhouse Electric, Inc.
Nampa, ID · 83687
$5,000,000
7(a)
Washington Trust Bank$63K/job · 2023-11-14
AeGiL Capital LLC
Lake Havasu City, AZ · 86403
$5,000,000
7(a)
St. Louis Bank$227K/job · 2023-09-29
Gonzales Commercial Electric, Inc.
Houston, TX · 77073
$5,000,000
7(a)
Newtek Small Business Finance, Inc.$38K/job · 2022-08-24
Star-Lo Electric, Inc
Whippany, NJ
$5,000,000
7(a)
ConnectOne Bank$17K/job · 2024-07-26
Edge Electric of Wisconsin, Inc.
Pewaukee, WI · 53072
$5,000,000
7(a)
Ixonia Bank$41K/job · 2024-04-09
TC Electric Company, Inc
Wilmington, DE · 19809
$4,990,000
7(a)
22nd State Bank, A Division of 22nd State Banking Company$28K/job · 2020-02-21
Valley Electrical Contractors, Inc.
Midland, MI · 48642
$4,950,000
7(a)
1st State Bank$34K/job · 2020-09-03
Compassionate Care Home Pet Euthanasia Service PC
Santa Fe Springs, CA · 90670
$4,947,000
504
California Statewide Certified Development Corporation$110K/job · 2023-10-05
1–25 of 500 (largest 500 of 15,339)
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