Electrical Contractors and Other Wiring Installation Contractors acquisitions in Colorado: SBA loan data
Since FY2018, SBA lenders have approved 25 7(a) loans to buy an existing business classified as Electrical Contractors and Other Wiring Installation Contractors in Colorado, totaling $29.8M. The median loan was $871,000. That is 1.3% of the 1,870 acquisition loans in Colorado.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
How this compares
The median Electrical Contractors and Other Wiring Installation Contractors loan in Colorado is 32% higher than the $661,000 median for all Colorado acquisitions, and 6% higher than the $820,000 median for Electrical Contractors and Other Wiring Installation Contractors acquisitions nationwide (395 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 4.0% of seasoned Electrical Contractors and Other Wiring Installation Contractors acquisition loans were charged off, and 4.1% of seasoned Colorado acquisition loans of any type.
Electrical Contractors and Other Wiring Installation Contractors acquisition loans in Colorado by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 1 | $1M | $1,016,000 | |
| FY2020 | 2 | $1.6M | $790,050 | |
| FY2021 | 6 | $5.7M | $710,000 | |
| FY2022 | 3 | $2.6M | $620,000 | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 3 | $2.3M | $563,000 | |
| FY2025 | 9 | $15M | $1,700,000 | |
| FY2026 | 1 | $1.6M | $1,559,100 |
How often do these acquisition loans fail?
Fewer than 20 Electrical Contractors and Other Wiring Installation Contractors in Colorado acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 6 | 24.0% | $5.7M | |
| 2 | The Huntington National Bank | 4 | 16.0% | $6.2M | |
| 3 | Port 51 Lending LLC | 2 | 8.0% | $3.4M | |
| 4 | First Internet Bank of Indiana | 2 | 8.0% | $3.3M | |
| 5 | Sunflower Bank National Association | 2 | 8.0% | $3.3M |
Top franchise brands
No franchise brands recorded in this combination.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Questions buyers ask
How much do SBA loans for Electrical Contractors and Other Wiring Installation Contractors acquisitions in Colorado run?
The median SBA 7(a) loan was $871,000 across 25 loans (FY2018 to FY2026), with the middle half between $450,000 and $1,700,000. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Electrical Contractors and Other Wiring Installation Contractors acquisitions in Colorado?
Live Oak Banking Company (6), The Huntington National Bank (4), Port 51 Lending LLC (2), First Internet Bank of Indiana (2), Sunflower Bank National Association (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Electrical Contractors and Other Wiring Installation Contractors acquisition loans fail in Colorado?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Electrical Contractors and Other Wiring Installation Contractors acquisitions in Colorado?
1 of the 25 loans (4%) involved a franchise brand.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Colorado acquisitions
- Electrical Contractors and Other Wiring Installation Contractors nationally
- Electrical Contractors and Other Wiring Installation Contractors in Florida
- Electrical Contractors and Other Wiring Installation Contractors in Minnesota
- Beer, Wine, and Liquor Retailers in Colorado
- Full-Service Restaurants in Colorado
- Hotels and Motels in Colorado
- Plumbing, Heating, and Air-Conditioning Contractors in Colorado
- Limited-Service Restaurants in Colorado
- General Automotive Repair in Colorado
- All Other Specialty Trade Contractors in Colorado
- Child Care Services in Colorado
Small samples move a lot: each loan in this combination is 4% of the count. Industry is the NAICS code the lender recorded. See the methodology.