SBA lending record
Advanced Contracting & Electrical Services
16097 SOFTWATER LAKE DR, Linden, MI 48451 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$555K
Total SBA financing
2
Loans on record
FY2021
On record
61
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$255,000 — FY2021
Loan 1 of 2- Gross approval
- $255,000
- SBA guaranteed
- $229,500 (90%)
- Status
- Paid in full
- Rate at approval
- 4.25% f
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/17/2021
- First disbursement
- 10/7/2021
- Days to fund
- 112 days
- Paid in full
- 12/31/2025
- Collateral
- Required
- Jobs supported
- 32
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
- NAICS code
- 238210
- Lender
- ChoiceOne Bank
- Address
- 16097 SOFTWATER LAKE DR
- City
- Linden, 48451
- County
- Genesee
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 5
$300,000 — FY2021
Loan 2 of 2- Gross approval
- $300,000
- SBA guaranteed
- $225,000 (75%)
- Status
- Cancelled
- Rate at approval
- 4.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/30/2021
- Collateral
- Required
- Jobs supported
- 29
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
- NAICS code
- 238210
- Lender
- ChoiceOne Bank
- Address
- 4055 S DYE RD
- City
- Swartz Creek, 48473
- County
- Genesee
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 5
The lender
Find SBA lenders for businesses like this
The banks most active funding electrical contractors and other wiring installation contrac — by location, industry.
Similar businesses
Comparable electrical contractors and other wiring installation contrac in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
BRAY ELECTRIC LLC
Byron, MI· ~7 mi
Electrical Contractors and Other Wiring Installation Contrac
- $244K
- SBA financing
- ≈ $478K–$797K
- Est. revenue (rough)
Bryant Power Solutions L.L.C.
Grand Blanc, MI· ~15 mi
Electrical Contractors and Other Wiring Installation Contrac
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
ESSENTIAL ELECTRIC LLC
Waterford, MI· ~25 mi
Electrical Contractors and Other Wiring Installation Contrac
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Walker Electric Inc
Mount Morris, MI· ~23 mi
Electrical Contractors and Other Wiring Installation Contrac
- $775K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
Carbs Contracting, LLC
Davisburg, MI· ~16 mi
Electrical Contractors and Other Wiring Installation Contrac
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
K & J Electric, Inc.
Howell, MI· ~11 mi
Electrical Contractors and Other Wiring Installation Contrac
- $240K
- SBA financing
- ≈ $471K–$784K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Advanced Contracting & Electrical Services in Linden, MI (Electrical Contractors and Other Wiring Installation Contrac). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 2 SBA 7(a) loans totaling $555K
- On record FY2021
- 61 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Linden, MI
- Lender: ChoiceOne Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Contractors and Other Wiring Installation Contrac businesses in MI for ~$278k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Advanced Contracting & Electrical Services.