Construction / Contractor Electric
This electrical services company is a rapidly growing business with key personnel in place. This Company has excellent policies and procedures as well as a good inventory control system. Weekly onsite training classes are offered and the business is poised for growth into additional markets. This is a great opportunity to own a profitable, organized and efficiently run electrical business.
Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month), for a total savings of $15,783 for the loan shown. The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee ($14,038 for the loan shown). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.