Rapid Plumbing
Rapid Plumbing is located in San Jose, CA, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 504 loan ($2,160,000 SBA portion) on June 27, 2024 to finance real estate or equipment.
- Business type
- Individual
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jun 27, 2024 | $2,160,000 | $2,635,000 | $5,327,778 (estimated) | Business Loan Capital Inc | The Mortgage Capital Development Corporation | 25 years | 3 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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- Air Conditioning Solutions, Inc., Santa Fe Springs
- Stout's Heating & Ac, Santa Rosa
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