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Las Vegas Mechanical, The A/C Guys

North Las Vegas, NV · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Las Vegas Mechanical, The A/C Guys is a plumbing, heating, and air-conditioning contractor located in North Las Vegas, Nevada. The business financed real estate or equipment through an SBA 504 loan of $1,192,000, with The Bancorp Bank National Association as the lender and The Mortgage Capital Development Corporation as the certified development company, and the loan was approved on August 13, 2024.

SBA 504 loan, approved Aug 13, 2024

$1,192,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,192,000
Bank portion
$1,161,981
Estimated project size
$2,615,534 (estimated)
Estimated owner equity
$261,553 (estimated, about 10% of the project)
Bank lender
The Bancorp Bank National Association, Sioux Falls, SD
CDC
The Mortgage Capital Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
August 13, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
56
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Clark County, NV
SBA district office
Nevada District Office
Congressional district
NV-4
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 14% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
  • Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
  • Average expansion loan in Nevada: $2,098,935.

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 Nevada