Main Street Registry

V.I.P. Electric Company

Mentor, OH · Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210

V.I.P. Electric Company is located in Mentor, OH, and the SBA lists its industry as Electrical Contractors and Other Wiring Installation Contractors. It was approved for an SBA 7(a) loan of $744,000 for a change of ownership on May 8, 2024.

Business type
Corporation
Business age reported
Change of Ownership

SBA 7(a) loans, change of ownership

ApprovedGross approvalSBA-guaranteedLenderTermRateJobs supportedStatus
May 8, 2024$744,000$558,000CNB Bank10 years10.5% variable17Status not reported (SBA exemption)
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Same industry in Ohio