SBA Loans for Electric Power Distribution in Nevada: Top Lenders

NAICS 221

NAICS 221 covers electric power distribution businesses in Nevada. Based on historical SBA 7(a) lending data.

Total Approvals

1

in Nevada

Median Loan Size

$780,000

per approval

Recent Activity

0

last 90 days through Aug 2024

NAICS 221 covers electric power distribution businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $780,000.

Key trends & insights

  • Electric Power Distribution in Nevada loans run larger than the SBA average — a $780,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
  • SBA data for this industry goes through 2024-08-15 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Electric Power Distribution in Nevada

#LenderApprovalsMedian Size
11$780,000

Recent SBA 7(a) approvals for Electric Power Distribution in Nevada

MonthLenderBorrowerAmount
2024-09JPMorgan Chase Bank, National AssociationPur*****Inc$250,000
2024-08Newtek Bank, National AssociationREC*****LLC$780,000
2022-06Cadence BankSOL*****LLC$350,000
2022-06Cadence BankSOL*****LLC$350,000
2019-11Enterprise Bank & TrustD &****LLC$359,600

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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