Bullseye Electric LLC
Bullseye Electric LLC, located in Troutdale, OR, operates in the electrical contractors and wiring installation contractors industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,420,000, approved on July 15, 2026, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Jul 15, 2026
$1,420,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,420,000
- SBA-guaranteed amount
- $1,065,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 15, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $17,988 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 23, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 113
- Business type
- Corporation
- NAICS
- 238210, Electrical Contractors and Other Wiring Installation Contractors
- Project location
- Multnomah County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 46% 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 Oregon: $1,946,167.
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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