Perrysburg Plumbing, Heating & Air Conditioning, LLC.
Perrysburg Plumbing, Heating & Air Conditioning, LLC. is a plumbing, heating, and air-conditioning contractor based in Perrysburg, Ohio, in the industry classified under NAICS 238220. The company was financed with an SBA 7(a) loan for a change of ownership of $1.65 million, approved on September 24, 2024, by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Sep 24, 2024
$1,654,000 approvedLender: The Huntington National Bank15 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,654,000
- SBA-guaranteed amount
- $1,240,500 (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
- 7.9%, fixed
- Term
- 15 years (180 months)
- Estimated maturity
- September 24, 2039 (estimated, approval date plus term)
- Estimated monthly payment
- $15,711 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 29, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Wood County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 59% 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 Ohio: $1,840,340.
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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