Grand Electric & Construction Co. Inc.
133 Tanforan Ave, San Bruno, CA 94066 · Electrical Contractors (NAICS 238210)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
4
Total Amount
$6.0M
Jobs Supported
53
Years Active
2014–2023
Loan History (4)
Source: SBA FOIA7(a)$3,978,000
Exempt
- Approved
- Aug 26, 2023 (FY2023)
- SBA Guaranteed
- $2,983,500 (75%)
- Term
- 284 months (23.7 yrs)
- Interest Rate
- 10.50%
- Revolver
- 0
- Jobs Supported
- 14
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Electrical Contractors (NAICS 238210)
Lender
Brookline Bank, a Division of Beacon Bank and Trust
2 Harvard Street, Brookline, MA 2445
Project Location
San Mateo County, CA
7(a)$500,000
Exempt
- Approved
- Aug 29, 2023 (FY2023)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 10.50%
- Revolver
- 1
- Jobs Supported
- 14
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Electrical Contractors (NAICS 238210)
Lender
Brookline Bank, a Division of Beacon Bank and Trust
2 Harvard Street, Brookline, MA 2445
Project Location
San Mateo County, CA
7(a)$751,000
Paid in Full
- Approved
- May 10, 2016 (FY2016)
- SBA Guaranteed
- $563,250 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 4.75%
- Revolver
- 0
- Jobs Supported
- 15
- Business Type
- Corporation
- Industry
- Electrical Contractors (NAICS 238210)
- Paid in Full
- Jun 30, 2018
Lender
Hanmi Bank
3660 Wilshire Blvd, Ph-a, Los Angeles, CA 90010
Project Location
San Mateo County, CA
7(a)$800,000
Paid in Full
- Approved
- May 6, 2014 (FY2014)
- SBA Guaranteed
- $600,000 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 4.75%
- Revolver
- 0
- Jobs Supported
- 10
- Business Type
- Corporation
- Industry
- Electrical Contractors (NAICS 238210)
- Paid in Full
- May 31, 2016
Lender
East West Bank
135 N Los Robles Ave, 7th Fl, Pasadena, CA 91101
Project Location
San Mateo County, CA
Business Details
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- NAICS Code
- 238210 — Electrical Contractors
- Address
- 133 Tanforan Ave
San Bruno, CA 94066
Lenders
- Brookline Bank, a Division of Beacon Bank and Trust
- 2 Harvard Street, Brookline, MA 2445
- Hanmi Bank
- 3660 Wilshire Blvd, Ph-a, Los Angeles, CA 90010
- East West Bank
- 135 N Los Robles Ave, 7th Fl, Pasadena, CA 91101