SBA Loans for Electrical Contractors in Georgia: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in Georgia. Based on historical SBA 7(a) lending data.
Total Approvals
105
in Georgia
Median Loan Size
$183,000
per approval
Recent Activity
7
last 90 days through Dec 2025
NAICS 238 covers electrical contractors businesses. This is a moderately active sector for SBA 7(a) lending with 105 approvals and a median loan size of $183,000.
Key trends & insights
- United Midwest Savings Bank, National Association leads this industry with 17 approvals (21% market share) and a median loan of $150,000.
- Electrical Contractors in Georgia loans skew smaller than the SBA average at $183,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Georgia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 17 | $150,000 | |
| 2 | 9 | $158,500 | |
| 3 | 8 | $15,000 | |
| 4 | 7 | $240,000 | |
| 5 | 5 | $142,000 | |
| 6 | 4 | $110,000 | |
| 7 | 4 | $125,000 | |
| 8 | 3 | $675,000 | |
| 9 | 3 | $200,000 | |
| 10 | 3 | $1,050,000 | |
| 11 | 3 | $512,000 | |
| 12 | 3 | $257,500 | |
| 13 | 2 | $180,250 | |
| 14 | 2 | $577,500 | |
| 15 | 2 | $1,550,350 | |
| 16 | 2 | $3,827,500 | |
| 17 | 2 | $1,625,000 | |
| 18 | 1 | $2,846,000 | |
| 19 | 1 | $50,000 | |
| 20 | 1 | $300,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Georgia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Cadence Bank | PLA*****LLC | Norcross, GA | $1,082,000 |
| 2025-12 | Live Oak Banking Company | CHE*****LLC | JASPER, GA | $2,300,000 |
| 2025-11 | Readycap Lending, LLC | VEN*****LLC | PEACHTREE CITY, GA | $50,000 |
| 2025-08 | United Midwest Savings Bank National Association | Hom*****ing | Savannah, GA | $300,000 |
| 2025-08 | United Midwest Savings Bank National Association | Eic*****ens | Athens, GA | $150,000 |
| 2025-08 | Pathward National Association | Cap*****cco | CANTON, GA | $500,000 |
| 2025-06 | United Midwest Savings Bank National Association | Chi*****ain | Tucker, GA | $150,000 |
| 2025-05 | First Internet Bank of Indiana | Joh*****ing | FAYETTEVILLE, GA | $2,584,000 |
| 2025-05 | United Community Bank | Sou*****nta | MARIETTA, GA | $305,000 |
| 2025-03 | Truist Bank | ALP*****NC. | CONYERS, GA | $845,000 |
| 2025-03 | Northeast Bank | Nex*****LLC | REX, GA | $70,000 |
| 2025-03 | T Bank, National Association | Leg*****LLC | MABLETON, GA | $2,199,000 |
| 2025-02 | Pathward National Association | MGD*****nc. | CANTON, GA | $2,750,000 |
| 2025-01 | Citizens Bank | Ros*****nc. | ATLANTA, GA | $427,500 |
| 2025-01 | Regions Bank | A3 *****LLC | LOGANVILLE, GA | $260,500 |
| 2025-01 | Northeast Bank | ALV*****LLC | Senoia, GA | $250,000 |
| 2025-01 | United Midwest Savings Bank National Association | Tow*****sta | Augusta, GA | $150,000 |
| 2024-12 | Readycap Lending, LLC | Wor*****nc. | Buford, GA | $4,957,000 |
| 2024-12 | Synovus Bank | Ame*****LLC | CONYERS, GA | $765,000 |
| 2024-11 | iTHINK Financial CU | NBS*****Inc | Dallas, GA | $50,000 |
| 2024-11 | United Midwest Savings Bank National Association | Ale*****est | Cartersville, GA | $150,000 |
| 2024-10 | Lendistry SBLC, LLC | COM*****LLC | Carrollton, GA | $197,700 |
| 2024-08 | Community Bank of Pickens County | AYH*****LC. | TALKING ROCK, GA | $300,000 |
| 2024-08 | Harvest Small Business Finance, LLC | Del*****any | RIVERDALE, GA | $365,500 |
| 2024-08 | Signature Bank of Georgia | D&R*****LLC | JASPER, GA | $560,000 |
| 2024-08 | Bank OZK | K D*****LLC | BYRON, GA | $150,000 |
| 2024-07 | SouthState Bank, National Association | N&J*****LLC | LAWRENCEVILLE, GA | $100,000 |
| 2024-07 | Signature Bank of Georgia | Int*****LLC | ALPHARETTA, GA | $595,000 |
| 2024-06 | Northeast Bank | Gla*****LLC | Atlanta, GA | $50,000 |
| 2024-05 | East West Bank | Win*****y I | NORCROSS, GA | $588,000 |
| 2024-05 | Newtek Bank, National Association | LT *****ion | Suwanee, GA | $500,000 |
| 2024-04 | Live Oak Banking Company | Fen*****gia | ATLANTA, GA | $1,050,000 |
| 2024-04 | Live Oak Banking Company | Fen*****gia | ATLANTA, GA | $300,000 |
| 2024-04 | Millennium Bank | Alp*****LLC | Calhoun, GA | $183,000 |
| 2024-04 | Wells Fargo Bank National Association | SUP*****LLC | ALPHARETTA, GA | $15,000 |
| 2024-04 | BayFirst National Bank | She*****son | NEWNAN, GA | $118,000 |
| 2024-03 | Readycap Lending, LLC | 5 k*****LLC | Marietta, GA | $50,000 |
| 2024-03 | Newtek Bank, National Association | LRS*****ces | Talking Rock, GA | $750,000 |
| 2024-03 | Bank of America, National Association | The*****ion | FAYETTEVILLE, GA | $563,100 |
| 2024-03 | First Bank of the Lake | Hig*****LLC | ROSWELL, GA | $340,000 |
| 2024-03 | United Midwest Savings Bank National Association | JR *****LLC | Millwood, GA | $100,000 |
| 2024-02 | SouthState Bank, National Association | CHR*****LLC | Alpharetta, GA | $100,000 |
| 2024-02 | SouthState Bank, National Association | Lio*****nc. | Lexington, GA | $100,000 |
| 2024-02 | Newtek Bank, National Association | SOL*****LLC | LOGANVILLE, GA | $50,000 |
| 2024-01 | SouthState Bank, National Association | Bra*****ces | ALPHARETTA, GA | $941,000 |
| 2023-12 | Northeast Bank | D '*****LLC | FORTSON, GA | $150,000 |
| 2023-12 | Newtek Bank, National Association | Arc*****nc. | GRIFFIN, GA | $675,000 |
| 2023-11 | Stearns Bank National Association | MAR*****LLC | STOCKBRIDGE, GA | $105,000 |
| 2023-11 | The Huntington National Bank | Pow*****LLC | GREENSBORO, GA | $1,981,000 |
| 2023-11 | The Huntington National Bank | Pow*****LLC | GREENSBORO, GA | $200,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet