Mister Sparky Electric
31
SBA Loans
$6.8M
Total Financed
$218K
Avg Loan Size
—
YoY Loan Growth
How Mister Sparky Electric Compares
- Ranks #47 of 294 Home & Repair Services brands by SBA loan count (#365 of 3,543 overall).
- Its average loan of $218K is 23% above the Home & Repair Services median of $177K.
- Its 0.0% charge-off rate compares to a 2.9% average across all Home & Repair Services brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 1 | $77K |
| FY2022 | 1 | $350K |
| FY2023 | 4 | $332K |
| FY2024 | 3 | $782K |
| FY2025 | 11 | $2.5M |
| FY2026 | 11 | $2.7M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Mister Sparky Electric Is Getting SBA-Financed
Recent SBA-Financed Mister Sparky Electric Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Mister Sparky Electric growing or shrinking?
Mister Sparky Electric doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #47 of 294 Home & Repair Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Mister Sparky Electric franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $218K (23% above the typical Home & Repair Services brand's $177K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Mister Sparky Electric?
0 of 31 SBA loans to Mister Sparky Electric franchisees (0.0%) have been charged off since FY2020, compared to 2.9% across all Home & Repair Services brands.
Top SBA Lenders
- The Huntington National Bank8
- First Bank of the Lake5
- United Midwest Savings Bank National Association5
- Citizens Bank4
- Newtek Small Business Finance, Inc.1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset