Rock Bridge Industries, Inc.
Rock Bridge Industries, Inc., located in Hayden, Idaho, is in the plumbing, heating, and air-conditioning contractors industry (NAICS 238220). The company was financed with an SBA 7(a) loan for a change of ownership of $823,300, approved on June 17, 2024, through First Interstate Bank, and the loan lists a franchise affiliation with TemperaturePro and 6 jobs.
SBA 7(a) loan, change of ownership, approved Jun 17, 2024
$823,300 approvedLender: First Interstate Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $823,300
- SBA-guaranteed amount
- $617,475 (75% of the approval)
- Lender
- First Interstate Bank, Billings, MT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 17, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,653 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 28, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Franchise
- TemperaturePro
- Project location
- Kootenai County, ID
- SBA district office
- Seattle District Office
- Congressional district
- ID-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 20% 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 Idaho: $1,527,113.
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 Idaho
- D&R Drainage Systems, Nampa
- DDJ Management LLC, Meridian