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Unlimited Electric Group, Inc.

West Park, FL · Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210

Unlimited Electric Group, Inc. is an electrical contracting business in West Park, Florida, in the electrical contractors and other wiring installation contractors industry. The company was approved for an SBA 504 loan financing real estate or equipment through an SBA 504 loan in the amount of $1,643,000, with Bank of America, National Association as the lender and an approval date of January 6, 2026.

SBA 504 loan, approved Jan 6, 2026

$1,643,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,643,000
Bank portion
$2,000,000
Estimated project size
$4,047,778 (estimated)
Estimated owner equity
$404,778 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 6, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
20
Business type
Corporation
NAICS
238210, Electrical Contractors and Other Wiring Installation Contractors
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 54% of expansion loans in Electrical Contractors and Other Wiring Installation Contractors on this site.
  • Average expansion loan in Electrical Contractors and Other Wiring Installation Contractors: $2,211,634.
  • Average expansion loan in Florida: $2,058,496.

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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Same industry in Florida