Pan America Electric, Inc.
Pan America Electric, Inc. is an electrical contracting business in Davis, Oklahoma, in the electrical contractors and other wiring installation contractors industry. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2,059,100, through Valliance Bank, with an approval date of August 6, 2026.
SBA 7(a) loan, change of ownership, approved Aug 6, 2026
$2,059,100 approvedLender: Valliance Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,059,100
- SBA-guaranteed amount
- $1,544,325 (75% of the approval)
- Lender
- Valliance Bank, Oklahoma City, OK
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 6.75%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- August 6, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $23,643 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 29
- Business type
- Corporation
- NAICS
- 238210, Electrical Contractors and Other Wiring Installation Contractors
- Project location
- Murray County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Electrical Contractors and Other Wiring Installation Contractors on this site.
- Average acquisition loan in Electrical Contractors and Other Wiring Installation Contractors: $1,890,316.
- Average acquisition loan in Oklahoma: $1,861,759.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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