SBA Loans for Electrical Contractors in Delaware: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in Delaware. Based on historical SBA 7(a) lending data.
Total Approvals
16
in Delaware
Median Loan Size
$65,000
per approval
Recent Activity
1
last 90 days through Jun 2025
NAICS 238 covers electrical contractors businesses. This is a smaller category in SBA 7(a) lending with 16 approvals on record and a median loan size of $65,000.
Key trends & insights
- Electrical Contractors in Delaware lending is concentrated — Manufacturers AND Traders Trust Company, PNC Bank, National Association, Wells Fargo Bank, National Association together account for 69% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Manufacturers AND Traders Trust Company leads this industry with 7 approvals (44% market share) and a median loan of $50,000.
- Electrical Contractors in Delaware loans skew smaller than the SBA average at $65,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Delaware
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 7 | $50,000 | |
| 2 | 2 | $110,000 | |
| 3 | 2 | $22,500 | |
| 4 | 1 | $756,000 | |
| 5 | 1 | $4,990,000 | |
| 6 | 1 | $60,000 | |
| 7 | 1 | $150,000 | |
| 8 | 1 | $4,410,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Delaware
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Stearns Bank National Association | FOA*****LLC | MIDDLETOWN, DE | $234,000 |
| 2025-06 | Manufacturers and Traders Trust Company | Pri*****LLC | GEORGETOWN, DE | $70,000 |
| 2025-05 | Manufacturers and Traders Trust Company | Wil*****LLC | LAUREL, DE | $18,900 |
| 2025-03 | PNC Bank, National Association | Car*****LLC | BEAR, DE | $200,000 |
| 2025-02 | TD Bank, National Association | Ape*****LLC | WILMINGTON, DE | $50,000 |
| 2025-02 | Manufacturers and Traders Trust Company | C M*****LLC | LEWES, DE | $200,000 |
| 2025-01 | Wells Fargo Bank National Association | INT*****LLC | NEWARK, DE | $40,000 |
| 2024-08 | Cadence Bank | Cus*****Inc | OCEAN VIEW, DE | $150,000 |
| 2024-06 | TD Bank, National Association | Wya*****LLC | DELMAR, DE | $60,000 |
| 2024-06 | Univest Bank and Trust Co | All*****Inc | NEWARK, DE | $4,410,000 |
| 2024-04 | PNC Bank, National Association | Boy*****nc. | NEWARK, DE | $500,000 |
| 2023-08 | PNC Bank, National Association | KLH*****LLC | MILTON, DE | $100,000 |
| 2023-04 | PNC Bank, National Association | JAC*****.C. | DOVER, DE | $20,000 |
| 2021-10 | Wells Fargo Bank National Association | COA*****LLC | WILMINGTON, DE | $5,000 |
| 2021-08 | Manufacturers and Traders Trust Company | Old*****LLC | HARBESON, DE | $100,000 |
| 2021-04 | Manufacturers and Traders Trust Company | Fan*****LLC | BRIDGEVILLE, DE | $75,000 |
| 2021-02 | Fulton Bank, National Association | Oce*****nc. | Dagsboro, DE | $50,000 |
| 2021-02 | Fulton Bank, National Association | Oce*****nc. | Dagsboro, DE | $756,000 |
| 2020-12 | Manufacturers and Traders Trust Company | Dan*****ler | Millsboro, DE | $20,000 |
| 2020-11 | Manufacturers and Traders Trust Company | Tra*****LLC | Seaford, DE | $100,000 |
| 2020-04 | United Midwest Savings Bank National Association | KLZ*****LLC | CLAYTON, DE | $150,000 |
| 2020-02 | Manufacturers and Traders Trust Company | Mon***** Jr | Lewes, DE | $25,000 |
| 2020-02 | 22nd State Bank, A Division of 22nd State Banking Company | TC *****Inc | WILMINGTON, DE | $4,990,000 |
| 2020-02 | Manufacturers and Traders Trust Company | Van*****nc. | Wilmington, DE | $50,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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