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Jim's Plumbing & Heating, Inc.

Greenville, WI · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Jim's Plumbing & Heating, Inc. is a plumbing, heating, and air-conditioning contractor located in Greenville, Wisconsin. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,312,000, approved on June 20, 2025 by Wolf River Community Bank.

SBA 7(a) loan, change of ownership, approved Jun 20, 2025

$2,312,000 approvedLender: Wolf River Community Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,312,000
SBA-guaranteed amount
$1,734,000 (75% of the approval)
Lender
Wolf River Community Bank, Hortonville, WI
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
7.5%, fixed
Term
10 years (120 months)
Estimated maturity
June 20, 2035 (estimated, approval date plus term)
Estimated monthly payment
$27,444 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Outagamie County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-08
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 75% 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 Wisconsin: $1,729,230.

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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