Trutek Air Conditioning and Heating, LLC
Trutek Air Conditioning and Heating, LLC is a plumbing, heating, and air-conditioning contractor in Phoenix, Arizona. The company financed real estate or equipment through an SBA 504 loan of $1,693,000, approved on April 16, 2025, with Bell Bank as the lending partner and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved Apr 16, 2025
$1,693,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,693,000
- Bank portion
- $2,065,327
- Estimated project size
- $4,175,919 (estimated)
- Estimated owner equity
- $417,592 (estimated, about 10% of the project)
- Bank lender
- Bell Bank, Fargo, ND
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 16, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 40
- 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-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 48% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
- Average expansion loan in Arizona: $2,074,452.
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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