Acquisition Lender Index

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Plumbing, Heating, and Air-Conditioning Contractors: SBA acquisition loans in California

23 SBA-financed business acquisitions in California classified as Plumbing, Heating, and Air-Conditioning Contractors, FY2024–FY2026. Median loan $486K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
23
Total approved
$22.3M
Median loan
$486K
Middle half of loans
$222K to $1.1M
Median starting rate
10.00%
Median term
10 yrs

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Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 First Internet Bank of Indiana 417%$1.3M$7.5M
2 The Bancorp Bank National Association 29%$1.9M$3.8M
3 Live Oak Banking Company 29%$1.6M$3.1M
4 Plumas Bank 29%$309K$619K
5 The Huntington National Bank 29%$202K$405K
6 Banc of California 14%$1.7M$1.7M
7 Legacy Bank 14%$1.2M$1.2M
8 Evolve Bank and Trust 14%$997K$997K
9 CalPrivate Bank 14%$750K$750K
10 TowneBank 14%$645K$645K
11 Banesco USA 14%$496K$496K
12 Western Alliance Bank 14%$486K$486K
13 Port 51 Lending LLC 14%$330K$330K
14 AMPAC Tri-State CDC, Inc. 14%$123K$123K
15 Travis CU 14%$100K$100K

For comparison, the same industry nationwide: 429 loans, median $800K, median starting rate 9.50%. See Plumbing, Heating, and Air-Conditioning Contractors in every state.

Deals by SBA fiscal year

FY20194 loans, $4.4M
FY20207 loans, $7.3M
FY20218 loans, $8.5M
FY20226 loans, $16.2M
FY202315 loans, $16.4M
FY20246 loans, $2.6M
FY202511 loans, $13.7M
FY20266 loans, $6.0M

Reading these numbers

The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.