Onsite HVAC Rentals 2, LLC
Onsite HVAC Rentals 2, LLC is a business in Upper Chichester, Pennsylvania, classified under other commercial and industrial machinery and equipment rental and leasing. The company was financed with an SBA 7(a) loan for a change of ownership of $900,000, approved on February 16, 2024 by BayFirst National Bank. The loan reported one job.
SBA 7(a) loan, change of ownership, approved Feb 16, 2024
$900,000 approvedLender: BayFirst National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $900,000
- SBA-guaranteed amount
- $675,000 (75% of the approval)
- Lender
- BayFirst National Bank, Saint Petersburg, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $12,525 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 22, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 532490, Other Commercial and Industrial Machinery and Equipment Rental and Leasing
- Project location
- Delaware County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 14% of acquisition loans in Other Commercial and Industrial Machinery and Equipment Rental and Leasing on this site.
- Average acquisition loan in Other Commercial and Industrial Machinery and Equipment Rental and Leasing: $2,242,743.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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