SBA Loans for Electrical Contractors in Alabama: Top Lenders
NAICS 238NAICS 238 covers electrical 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 electrical 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 |
|---|---|---|---|---|
| 2025-08 | Guaranty Bank and Trust Company | S&S*****LLC | Trussville, AL | $3,438,000 |
| 2025-08 | Northeast Bank | Rog*****LLC | Geraldine, AL | $350,000 |
| 2025-06 | Metro City Bank | TS**LLC | TUSKEGEE, AL | $813,000 |
| 2025-02 | Northeast Bank | Her*****LLC | Satsuma, AL | $250,000 |
| 2024-12 | Northeast Bank | AGA*****LLC | Guntersville, AL | $250,000 |
| 2024-11 | Northeast Bank | INN*****LLC | ATTALLA, AL | $500,000 |
| 2024-11 | Newtek Bank, National Association | Ame*****LLC | BESSEMER, AL | $350,000 |
| 2024-10 | Cadence Bank | CON*****LLC | Ashville, AL | $500,000 |
| 2024-08 | Lendistry SBLC, LLC | C&W*****LLC | WILSONVILLE, AL | $132,700 |
| 2024-08 | Readycap Lending, LLC | TNT*****LLC | West Blocton, AL | $50,000 |
| 2024-06 | United Midwest Savings Bank National Association | Vet*****LLC | Elkmont, AL | $125,000 |
| 2024-06 | Metro City Bank | YE***LLC | MONTGOMERY, AL | $1,270,000 |
| 2024-04 | Newtek Bank, National Association | Aff*****nc. | Hartselle, AL | $500,000 |
| 2024-02 | Troy Bank & Trust Company | Tyr*****LLC | Dothan, AL | $955,000 |
| 2024-01 | Newtek Bank, National Association | RLC*****LLC | Verbena, AL | $300,000 |
| 2023-12 | Newtek Bank, National Association | Ve****LLC | Huntsville, AL | $2,000,000 |
| 2023-11 | Newtek Bank, National Association | KBI*****LLC | Laceys Spring, AL | $350,000 |
| 2023-11 | Trustmark Bank | Tho*****Inc | Huntsville, AL | $320,600 |
| 2023-08 | Wells Fargo Bank National Association | LIM*****INC | MARBURY, AL | $20,000 |
| 2023-07 | JPMorgan Chase Bank, National Association | COM*****LLC | OPELIKA, AL | $60,000 |
| 2023-06 | United Midwest Savings Bank National Association | EME*****LLC | Daphne, AL | $100,000 |
| 2023-04 | Wells Fargo Bank National Association | RIC*****LLC | WOODLAND, AL | $10,000 |
| 2023-02 | United Midwest Savings Bank National Association | Coa*****LLC | Daphne, AL | $100,000 |
| 2022-12 | Cadence Bank | New*****LLC | MADISON, AL | $408,800 |
| 2022-11 | Newtek Small Business Finance, Inc. | Sou*****LLC | FAIRHOPE, AL | $2,000,000 |
| 2022-10 | Celtic Bank Corporation | Out*****ion | Fort Payne, AL | $49,000 |
| 2022-08 | PNC Bank, National Association | SUP*****.C. | ATHENS, AL | $200,000 |
| 2022-08 | Wells Fargo Bank National Association | KL *****LLC | PARRISH, AL | $20,000 |
| 2022-03 | Cadence Bank | L&L*****nc. | TRINITY, AL | $115,000 |
| 2021-10 | United Midwest Savings Bank National Association | Tru*****LLC | TRUSSVILLE, AL | $150,000 |
| 2021-08 | PNC Bank, National Association | Wes*****ing | MUNFORD, AL | $10,000 |
| 2021-08 | Metro City Bank | Aut*****ion | SHORTER, AL | $2,470,000 |
| 2021-07 | Millennial Bank | HCR*****LLC | Pelham, AL | $1,887,000 |
| 2021-06 | Wells Fargo Bank National Association | Lol*****LLC | JASPER, AL | $106,200 |
| 2021-06 | Metro City Bank | AIO*****LLC | OPELIKA, AL | $753,000 |
| 2020-12 | Peoples Bank of Alabama | Tru*****LLC | Helena, AL | $265,000 |
| 2020-08 | Cadence Bank | M &*****Inc | HUNTSVILLE, AL | $102,300 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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