SBA Loans for Electrical Contractors in Alabama: Top Lenders
NAICS 238NAICS 238 covers flooring contractors businesses in Alabama. Based on historical SBA 7(a) lending data.
Total Approvals
37
in Alabama
Median Loan Size
$265,000
per approval
Recent Activity
3
last 90 days through Aug 2025
NAICS 238 covers flooring contractors businesses. This is a smaller category in SBA 7(a) lending with 37 approvals on record and a median loan size of $265,000.
Most active SBA lenders for Electrical Contractors in Alabama
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 5 | $350,000 | |
| 2 | 4 | $112,500 | |
| 3 | 4 | $20,000 | |
| 4 | 4 | $261,900 | |
| 5 | 4 | $1,041,500 | |
| 6 | 4 | $300,000 | |
| 7 | 2 | $105,000 | |
| 8 | 1 | $132,700 | |
| 9 | 1 | $60,000 | |
| 10 | 1 | $49,000 | |
| 11 | 1 | $1,887,000 | |
| 12 | 1 | $50,000 | |
| 13 | 1 | $3,438,000 | |
| 14 | 1 | $2,000,000 | |
| 15 | 1 | $320,600 | |
| 16 | 1 | $955,000 | |
| 17 | 1 | $265,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Alabama
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Newtek Bank, National Association | BNB*****nce | HUNTSVILLE, AL | $350,000 |
| 2025-11 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Sma*****cal | BESSEMER, AL | $300,000 |
| 2025-11 | CenTrust Bank, A Division of SmartBiz Bank National Associat | IR****LLC | HELENA, AL | $150,000 |
| 2025-11 | United Midwest Savings Bank National Association | ECS*****ham | Vestavia Hills, AL | $150,000 |
| 2025-09 | The Citizens National Bank of Meridian | Lan*****LLC | WILSONVILLE, AL | $149,900 |
| 2025-09 | Live Oak Banking Company | Ada*****nc. | TUSCALOOSA, AL | $500,000 |
| 2025-09 | Readycap Lending, LLC | God*****LLC | Hokes Bluff, AL | $30,000 |
| 2025-08 | Northeast Bank | CAB*****NC. | Fairhope, AL | $50,000 |
| 2025-08 | BayFirst National Bank | CUS*****LLC | FOLEY, AL | $516,000 |
| 2025-08 | Guaranty Bank and Trust Company | S&S*****LLC | Trussville, AL | $3,438,000 |
| 2025-08 | Northeast Bank | Rog*****LLC | Geraldine, AL | $350,000 |
| 2025-07 | United Midwest Savings Bank National Association | CEF*****ore | Daphne, AL | $275,000 |
| 2025-06 | Metro City Bank | TS**LLC | TUSKEGEE, AL | $813,000 |
| 2025-06 | The Huntington National Bank | Ver*****LLC | AUBURN, AL | $2,795,000 |
| 2025-06 | VelocitySBA, LLC | KR *****LLC | Foley, AL | $1,664,000 |
| 2025-05 | Northeast Bank | Her*****LLC | Satsuma, AL | $150,000 |
| 2025-04 | Northeast Bank | STE*****INC | Daphne, AL | $150,000 |
| 2025-04 | Readycap Lending, LLC | Gip*****LLC | Trussville, AL | $404,000 |
| 2025-04 | Stearns Bank National Association | PHI*****NC. | KILLEN, AL | $50,000 |
| 2025-03 | Regions Bank | Ind*****LLC | CALERA, AL | $100,000 |
| 2025-03 | Northeast Bank | Par*****nc. | Atmore, AL | $500,000 |
| 2025-02 | Northeast Bank | Her*****LLC | Satsuma, AL | $250,000 |
| 2025-02 | Northeast Bank | Dir*****nc. | Hoover, AL | $496,700 |
| 2025-02 | Celtic Bank Corporation | Rog*****LLC | GERALDINE, AL | $150,000 |
| 2025-01 | Northeast Bank | HER*****LLC | Rainsville, AL | $150,000 |
| 2025-01 | Northeast Bank | C &*****LLC | Wilsonville, AL | $150,000 |
| 2025-01 | Newtek Bank, National Association | Ame*****LLC | Hueytown, AL | $350,000 |
| 2025-01 | Northeast Bank | ORI*****LLC | Mobile, AL | $70,000 |
| 2025-01 | Newtek Bank, National Association | Aga*****LLC | Guntersville, AL | $500,000 |
| 2024-12 | Northeast Bank | AGA*****LLC | Guntersville, AL | $250,000 |
| 2024-12 | Cadence Bank | ADV*****LLC | Pelham, AL | $449,000 |
| 2024-11 | Northeast Bank | INN*****LLC | ATTALLA, AL | $500,000 |
| 2024-11 | Northeast Bank | R.B*****.C. | MONTGOMERY, AL | $245,000 |
| 2024-11 | Newtek Bank, National Association | Ame*****LLC | BESSEMER, AL | $350,000 |
| 2024-10 | Cadence Bank | CON*****LLC | Ashville, AL | $500,000 |
| 2024-10 | Readycap Lending, LLC | Twe*****rp. | MOBILE, AL | $103,500 |
| 2024-10 | Newtek Bank, National Association | Mou*****LLC | Owens Cross Roads, AL | $650,000 |
| 2024-10 | Newtek Bank, National Association | CJH*****LLC | Madison, AL | $50,000 |
| 2024-09 | Newtek Bank, National Association | Nat*****Inc | Birmingham, AL | $250,000 |
| 2024-09 | Northeast Bank | THE*****LLC | Jemison, AL | $50,000 |
| 2024-08 | Regions Bank | Pro*****LLC | MONTGOMERY, AL | $150,000 |
| 2024-08 | Lendistry SBLC, LLC | C&W*****LLC | WILSONVILLE, AL | $132,700 |
| 2024-08 | Bryant Bank | Str*****LLC | Summerdale, AL | $279,000 |
| 2024-08 | Readycap Lending, LLC | Roc*****LLC | NEW MARKET, AL | $988,000 |
| 2024-08 | Readycap Lending, LLC | TNT*****LLC | West Blocton, AL | $50,000 |
| 2024-07 | Newtek Bank, National Association | Hig*****LLC | Rainbow City, AL | $1,000,000 |
| 2024-07 | Northeast Bank | IDE*****LLC | ALABASTER, AL | $320,700 |
| 2024-07 | Readycap Lending, LLC | Roc*****Inc | HUNTSVILLE, AL | $335,000 |
| 2024-06 | Wells Fargo Bank National Association | RAI*****LLC | MOBILE, AL | $15,000 |
| 2024-06 | Readycap Lending, LLC | Tap*****LLC | BOAZ, AL | $500,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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