Main Street Registry

Fugh Refrigeration

Butler, PA · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Fugh Refrigeration is located in Butler, PA, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 7(a) loan of $2,020,000 for a change of ownership on June 25, 2025.

SBA 7(a) loan, change of ownership, approved Jun 25, 2025

Gross approval
$2,020,000
SBA-guaranteed amount
$1,515,000 (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
10.25%, variable
Term
13 years, 10 months (166 months)
Estimated maturity
April 25, 2039 (estimated, approval date plus term)
Estimated monthly payment
$22,813 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 2, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Butler County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-15
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 Pennsylvania