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Aggie Plumbing & Service

Fort Collins, CO · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Aggie Plumbing & Service in Fort Collins, CO operates in plumbing, heating, and air-conditioning contracting (NAICS 238220). The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,400,000, approved by First Internet Bank of Indiana on July 8, 2025.

SBA 7(a) loan, change of ownership, approved Jul 8, 2025

$1,400,000 approvedLender: First Internet Bank of Indiana14 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,400,000
SBA-guaranteed amount
$1,050,000 (75% of the approval)
Lender
First Internet Bank of Indiana, Fishers, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
14 years (168 months)
Estimated maturity
July 8, 2039 (estimated, approval date plus term)
Estimated monthly payment
$15,097 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
16
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Larimer County, CO
SBA district office
Colorado District Office
Congressional district
CO-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 50% of acquisition loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
  • Average acquisition loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,758,508.
  • Average acquisition loan in Colorado: $1,608,658.

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 Colorado