Financing for Plumbing, Heating, and Air Conditioning Contractors

Looking for loans for plumbing, heating, and air conditioning contractors? An SBA loan may be just what you've been looking for. This $169,700 plumbing, heating, and air conditioning contractors loan was issued by an Ohio bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with National City Bank, out of Cleveland, Ohio. The loan was granted and they received $169,700 to help grow their Moraine, Ohio business.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR CONDITIONING CONTRACTORS
MORAINE, OH 45439

SBA Loan Lender

NATIONAL CITY BANK
1900 E 9TH ST
CLEVELAND, OH 44114

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235110 - Plumbing, Heating, and Air Conditioning Contractors

Loan Approval Date

4/25/2001

Loan Approval Gross Amount

$169,700

Loan Approval from the SBA

Of the total $169,700 loan amount, the SBA guaranteed $127,275.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 24 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 24 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Moraine OH, you ought to talk with a local Moraine SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Moraine businesses.

We can help you find the best banks for small businesses in Moraine or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Startup Funding Tip

SBA 7A Banks for Cleveland, Ohio Loans

SBA Participating Banks in Ohio