SBA lending record
True Company LLC
838 COUNTY ROAD 231, Guntown, MS 38849 · 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
FY2020
On record
8
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
Is True Company 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 — FY2020
- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Charged off (failed)
- Rate at approval
- 6% v
- Term
- 98 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/20/2020
- First disbursement
- 8/31/2020
- Days to fund
- 11 days
- Charged off
- 7/5/2023
- Charge-off amount
- $129,325
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 8
- 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
- 838 COUNTY ROAD 231
- City
- Guntown, 38849
- County
- Lee
- SBA district office
- MISSISSIPPI DISTRICT OFFICE
- Congressional district
- 1
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.
Ledford Electric, LLC
Munford, TN· ~90 mi
Mr. Electric
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Lightspeed Technology Services Corp dba Mr. Electric of NW Alabama
Hartselle, AL· ~103 mi
Mr. Electric
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Servantly LLC
Columbia, TN· ~134 mi
Mr. Electric
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
RIVERSIDE ELECTRICAL CO. dba MR. ELECTRIC OF OAK PARK
Riverside, IL· ~512 mi
Mr. Electric
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Angel Electric, LLC
Powder Springs, GA· ~238 mi
Mr. Electric
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
TJC ENTERPRISES LLC dba MR. ELECTRIC OF JACKSON
Newton, MS· ~153 mi
Mr. Electric
- $255K
- SBA financing
- ≈ $500K–$833K
- 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.
Minute Man Ventures LLC
Bartlett, TN· ~78 mi
Mister Sparky Electric
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Minute Man Ventures LLC dba Mister Sparky Electric
Bartlett, TN· ~78 mi
Mister Sparky Electric
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
S&L Services
Macon, MS· ~92 mi
Electrical Contractors and Other Wiring Installation Contrac
- $148K
- SBA financing
- ≈ $290K–$483K
- Est. revenue (rough)
Levine & Sons
Shelbyville, TN· ~141 mi
Electrical Contractors and Other Wiring Installation Contrac
- $130K
- SBA financing
- ≈ $255K–$425K
- Est. revenue (rough)
M A D E LLC
Clarksville, TN· ~161 mi
Electrical Contractors and Other Wiring Installation Contrac
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
OHR
Arab, AL· ~131 mi
Electrical Contractors and Other Wiring Installation Contrac
- $175K
- SBA financing
- ≈ $343K–$572K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for True Company LLC in Guntown, MS (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 FY2020
- 8 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Guntown, MS
- 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 MS 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 2026-06-20.
- 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 True Company LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
Use this deal in ChatGPT
Ask ChatGPT to analyze this business with Capbench's SBA loan records, lender-fit data, and buyer prequalification tools.
ChatGPT will ask you to connect Capbench if you have not already approved it.
CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with True Company LLC.