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Performance Air Test and Balance of Florida LLC

Cape Coral, FL · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Performance Air Test and Balance of Florida LLC is a plumbing, heating, and air-conditioning contractor located in Cape Coral, Florida. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $946,000, approved by The Huntington National Bank on August 13, 2025.

SBA 7(a) loan, change of ownership, approved Aug 13, 2025

$946,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$946,000
SBA-guaranteed amount
$709,500 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
August 13, 2035 (estimated, approval date plus term)
Estimated monthly payment
$12,371 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 27, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Lee County, FL
SBA district office
South Florida District Office
Congressional district
FL-19
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 29% 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 Florida: $1,808,559.

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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