SBA lending record
Coastline Electrical Construction Inc.
1836 Progress Road, Greenville, NC 27834 · 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.
$4.0M
Total SBA financing
1
Loan on record
FY2024
On record
37
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$4,010,000 — FY2024
- Gross approval
- $4,010,000
- SBA guaranteed
- $3,007,500 (75%)
- Status
- Current
- Rate at approval
- 11% v
- Term
- 156 mo (13 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/13/2023
- First disbursement
- 12/28/2023
- Days to fund
- 15 days
- Collateral
- Required
- Jobs supported
- 37
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
- NAICS code
- 238210
- Address
- 1836 Progress Road
- City
- Greenville, 27834
- County
- Pitt
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 1
The lender
The Freedom Bank of Virginia
1 loan to this businessFull SBA lending record + branches on the lender page →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.
J. Crabtree Electric Co.
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Electrical Contractors and Other Wiring Installation Contrac
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- SBA financing
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- Est. revenue (rough)
Hodges Electrical Inc.
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- SBA financing
- ≈ $7.7M–$13M
- Est. revenue (rough)
PLC Communications
Durham, NC· ~87 mi
Electrical Contractors and Other Wiring Installation Contrac
- $3.8M
- SBA financing
- ≈ $7.4M–$12M
- Est. revenue (rough)
Torrence Lighting LLC
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Electrical Contractors and Other Wiring Installation Contrac
- $4.0M
- SBA financing
- ≈ $7.8M–$13M
- Est. revenue (rough)
Qwest Electric LLC
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Electrical Contractors and Other Wiring Installation Contrac
- $4.6M
- SBA financing
- ≈ $9.0M–$15M
- Est. revenue (rough)
Master Electric Services Acquisition, LLC
Richmond, VA· ~135 mi
Electrical Contractors and Other Wiring Installation Contrac
- $3.7M
- SBA financing
- ≈ $7.3M–$12M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Coastline Electrical Construction Inc. in Greenville, NC (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.
- 1 SBA 7(a) loan totaling $4.0M
- On record FY2024
- 37 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Greenville, NC
- Lender: The Freedom Bank of Virginia
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 NC for ~$4.0M 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.
Is Coastline Electrical Construction Inc. your business?
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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 Coastline Electrical Construction Inc..