SBA lending record
Scoops Electric, LLC
311 1/2 E Cabarrus St, Raleigh, NC 27601 · 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.
$350K
Total SBA financing
1
Loan on record
FY2026
On record
5
Jobs supported
Franchise brand
Mr. Electric
See Mr. Electric's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$350,000 — FY2026
- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Committed
- Rate at approval
- 9.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/13/2026
- Collateral
- Required
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Electrical Contractors and Other Wiring Installation Contrac
- NAICS code
- 238210
- Franchise
- Mr. Electric
- Franchise code
- S1138
- Address
- 311 1/2 E Cabarrus St
- City
- Raleigh, 27601
- County
- Wake
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 2
The lender
Find SBA lenders for businesses like this
The banks most active funding electrical contractors and other wiring installation contrac — by location, industry, and brand.
Other Mr. Electric locations
Other Mr. Electric businesses in the public SBA record — closest first, by location and deal size.
Quantum Ventures LLC dba Mr. Electric of West Raleigh
Raleigh, NC· ~1 mi
Mr. Electric
- $255K
- SBA financing
- ≈ $500K–$833K
- Est. revenue (rough)
Sornson Electric, L.L.C.
Raleigh, NC· ~6 mi
Mr. Electric
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Artisan Electrical Systems L.L.C. dba Mr. Electric of Burlington
Chapel Hill, NC· ~22 mi
Mr. Electric
- $225K
- SBA financing
- ≈ $441K–$735K
- Est. revenue (rough)
GreenVolt Electric Solutions LLC dba Mr.Electric of Winston Salem
Clemmons, NC· ~100 mi
Mr. Electric
- $245K
- SBA financing
- ≈ $480K–$801K
- Est. revenue (rough)
EMET Electric Solutions LLC
Greensboro, NC· ~72 mi
Mr. Electric
- $902K
- SBA financing
- ≈ $1.8M–$2.9M
- Est. revenue (rough)
TMG Electric Georgia LLC
Loganville, GA· ~329 mi
Mr. Electric
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
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.
Wiretech Company, LLC
Raleigh, NC· ~4 mi
Electrical Contractors and Other Wiring Installation Contrac
- $346K
- SBA financing
- ≈ $678K–$1.1M
- Est. revenue (rough)
BOX ELECTRIC COMPANY
Raleigh, NC· ~6 mi
Electrical Contractors and Other Wiring Installation Contrac
- $200K
- SBA financing
- ≈ $392K–$654K
- Est. revenue (rough)
NEC Power LLC
Apex, NC· ~11 mi
Electrical Contractors and Other Wiring Installation Contrac
- $250K
- SBA financing
- ≈ $490K–$817K
- Est. revenue (rough)
Victory Lights Inc
Garner, NC· ~13 mi
Electrical Contractors and Other Wiring Installation Contrac
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Right Electrical Services LLC
Clayton, NC· ~13 mi
Electrical Contractors and Other Wiring Installation Contrac
- $184K
- SBA financing
- ≈ $361K–$601K
- Est. revenue (rough)
Mister Sparky of the Sandhills
Vass, NC· ~54 mi
Mister Sparky Electric
- $272K
- SBA financing
- ≈ $534K–$890K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Scoops Electric, LLC in Raleigh, 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 $350K
- On record FY2026
- 5 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Raleigh, NC
- Lender: United Midwest Savings Bank National Association
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 ~$350k 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 Scoops Electric, LLC.