SBA lending record
Frederick Electric CO., LLC
11842 INDIAN LN, Hagerstown, MD 21742 · 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.
$150K
Total SBA financing
1
Loan on record
FY2022
On record
45
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Frederick Electric CO., LLC your business?
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
$150,000 — FY2022
- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Charged off (failed)
- Rate at approval
- 7.5% v
- Term
- 115 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/21/2022
- First disbursement
- 7/25/2022
- Days to fund
- 4 days
- Charged off
- 7/26/2023
- Charge-off amount
- $149,572
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 45
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
- NAICS code
- 238210
- Lender
- BayFirst National Bank
- Address
- 11842 INDIAN LN
- City
- Hagerstown, 21742
- County
- Washington
- SBA district office
- BALTIMORE DISTRICT OFFICE
- Congressional district
- 6
The lender
BayFirst National Bank
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.
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TLC Electric LLC
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Electrical Contractors and Other Wiring Installation Contrac
- $130K
- SBA financing
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Agent summary
This page summarizes the public SBA 7(a) lending record for Frederick Electric CO., LLC in Hagerstown, MD (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 $150K
- On record FY2022
- 45 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Hagerstown, MD
- Lender: BayFirst National 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 MD for ~$150k 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 Frederick Electric CO., LLC 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 Frederick Electric CO., LLC.