SBA lending record
ERC Broadband LLC
151 PATTON AVE, Asheville, NC 28801 · Wireless Telecommunications Carriers (except Satellite). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.1M
Total SBA financing
2
Loans on record
FY2021
On record
20
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$500,000 — FY2021
Loan 1 of 2- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Paid in full
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 7/12/2021
- First disbursement
- 7/16/2021
- Days to fund
- 4 days
- Paid in full
- 11/30/2024
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Wireless Telecommunications Carriers (except Satellite)
- NAICS code
- 517312
- Lender
- Live Oak Banking Company
- Address
- 151 PATTON AVE
- City
- Asheville, 28801
- County
- Buncombe
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 11
$2,555,000 — FY2021
Loan 2 of 2- Gross approval
- $2,555,000
- SBA guaranteed
- $2,299,500 (90%)
- Status
- Paid in full
- Rate at approval
- 5.25% v
- Term
- 180 mo (15 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 7/12/2021
- First disbursement
- 7/16/2021
- Days to fund
- 4 days
- Paid in full
- 11/30/2024
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Wireless Telecommunications Carriers (except Satellite)
- NAICS code
- 517312
- Lender
- Live Oak Banking Company
- Address
- 1 Haywood Street
- City
- Asheville, 28801
- County
- Buncombe
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 11
The lender
Live Oak Banking Company
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding wireless telecommunications carriers (except satellite) — by location, industry.
Similar businesses
Comparable wireless telecommunications carriers (except satellite) in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Skyrunner, Inc.
Asheville, NC· ~0 mi
Wireless Telecommunications Carriers (except Satellite)
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Telcom, Inc.
Columbia, SC· ~134 mi
Wireless Telecommunications Carriers (except Satellite)
- $4.5M
- SBA financing
- ≈ $8.8M–$15M
- Est. revenue (rough)
Encore Communications Inc
Tulsa, OK· ~749 mi
Wireless Telecommunications Carriers (except Satellite)
- $3.0M
- SBA financing
- ≈ $5.8M–$9.6M
- Est. revenue (rough)
WiFires Communications LLC
Paris, TX· ~750 mi
Wireless Telecommunications Carriers (except Satellite)
- $2.1M
- SBA financing
- ≈ $4.1M–$6.9M
- Est. revenue (rough)
Stimulus Technologies of Nevada, LLC
Henderson, NV· ~1813 mi
Wireless Telecommunications Carriers (except Satellite)
- $2.3M
- SBA financing
- ≈ $4.6M–$7.6M
- Est. revenue (rough)
Smart Business Connections 1 inc
Kannapolis, NC· ~110 mi
Wireless Telecommunications Carriers (except Satellite)
- $800K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for ERC Broadband LLC in Asheville, NC (Wireless Telecommunications Carriers (except Satellite)). 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 $3.1M
- On record FY2021
- 20 jobs supported
- Industry: Wireless Telecommunications Carriers (except Satellite)
- Location: Asheville, NC
- Lender: Live Oak Banking Company
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Wireless Telecommunications Carriers (except Satellite) businesses in NC for ~$1.5M 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 ERC Broadband LLC.