Main Street Registry

Ed Broerman Heating & Cooling, Inc.

Tipp City, OH · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Ed Broerman Heating & Cooling, Inc. is located in Tipp City, OH, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 7(a) loan of $1,914,000 for a change of ownership on January 28, 2026.

SBA 7(a) loan, change of ownership, approved Jan 28, 2026

Gross approval
$1,914,000
SBA-guaranteed amount
$1,435,500 (75% of the approval)
Lender
Evolve Bank and Trust, West Memphis, AR
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
January 28, 2036 (estimated, approval date plus term)
Estimated monthly payment
$24,246 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 20, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
35
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Miami County, OH
SBA district office
Columbus District Office
Congressional district
OH-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Ohio