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Todd Peterson Heating and Cooling Inc.

Homestead, PA · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Todd Peterson Heating and Cooling Inc. is a plumbing, heating, and air-conditioning contractor in Homestead, PA, classified under NAICS 238220. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,685,000, approved on September 25, 2026, through Univest Bank and Trust Co.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$1,685,000 approvedLender: Univest Bank and Trust Co162 months termCommitted, not fully disbursedLoan details
Gross approval
$1,685,000
SBA-guaranteed amount
$1,263,750 (75% of the approval)
Lender
Univest Bank and Trust Co, Souderton, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
13 years, 6 months (162 months)
Estimated maturity
March 25, 2040 (estimated, approval date plus term)
Estimated monthly payment
$18,004 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
6
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Allegheny County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-18
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 60% 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 Pennsylvania: $1,636,965.

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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