SBA Loans for Mister Sparky Electric Franchises
Who actually funds Mister Sparky Electric SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding Mister Sparky Electric SBA loans
Ranked by number of Mister Sparky Electric 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 8 | $1.4M | $175K |
| 2 | First Bank of the Lake | 5 | $868K | $174K |
| 2 | United Midwest Savings Bank National Association | 5 | $1.3M | $250K |
| 4 | Citizens Bank | 4 | $1.2M | $289K |
| 5 | Atlantic Union Bank | 1 | $243K | $243K |
| 5 | Magnifi Financial CU | 1 | $211K | $211K |
| 5 | Newtek Small Business Finance, Inc. | 1 | $77K | $77K |
| 5 | Pinnacle Bank | 1 | $350K | $350K |
| 5 | Truliant FCU | 1 | $300K | $300K |
| 5 | Live Oak Banking Company | 1 | $285K | $285K |
| 5 | CDC Small Business Finance Corp. | 1 | $250K | $250K |
| 5 | CRF Small Business Loan Company, LLC | 1 | $185K | $185K |
| 5 | First Commonwealth Bank | 1 | $196K | $196K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Mister Sparky Electric loan in this period, ranked by loan count.
Mister Sparky Electric SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| PA | 4 | $904K | $226K |
| CA | 5 | $902K | $180K |
| NJ | 2 | $600K | $300K |
| IN | 3 | $575K | $192K |
| GA | 1 | $350K | $350K |
| WA | 1 | $350K | $350K |
| KY | 1 | $331K | $331K |
| MO | 1 | $328K | $328K |
| OH | 2 | $310K | $155K |
| TN | 2 | $300K | $150K |
| VA | 1 | $298K | $298K |
| NC | 1 | $272K | $272K |
| NY | 1 | $250K | $250K |
| WI | 1 | $222K | $222K |
| UT | 1 | $211K | $211K |
Mister Sparky Electric SBA loans by year
How Mister Sparky Electric SBA loans have performed
Outcomes for every funded Mister Sparky Electric 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
How to use this
The lenders above have actually closed SBA 7(a) loans for Mister Sparky Electric franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your Mister Sparky Electric deal to a lender currently funding this brand.
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