AMG Quest Enterprise LLC
AMG Quest Enterprise LLC is a plumbing, heating, and air-conditioning contracting business located in Powhatan, Virginia. It was financed with an SBA 7(a) loan for a change of ownership of $4.4 million, approved on September 27, 2025, through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Sep 27, 2025
- Gross approval
- $4,400,000
- SBA-guaranteed amount
- $3,300,000 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.6%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- September 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $52,459 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Powhatan County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 95% 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 Virginia: $1,860,760.
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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