Singletary Plumbing & Air Conditioning LLC
Singletary Plumbing & Air Conditioning LLC is a plumbing, heating, and air-conditioning contractor located in Surprise, Arizona. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,316,000, approved on September 3, 2025 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Sep 3, 2025
$3,316,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,316,000
- SBA-guaranteed amount
- $2,487,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 3, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $40,672 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 89% 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 Arizona: $1,690,811.
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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