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Plumbing, Heating, and Air-Conditioning Contractors: SBA acquisition loans in Indiana
11 SBA-financed business acquisitions in Indiana classified as Plumbing, Heating, and Air-Conditioning Contractors, FY2024–FY2026. Median loan $1.4M. See which lenders did them.
- Acquisitions financed
- 11
- Total approved
- $15.5M
- Median loan
- $1.4M
- Middle half of loans
- $162K to $1.8M
- Median starting rate
- 9.75%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | First Financial Bank | 2 | 18% | $1.7M | $3.4M |
| 2 | IncredibleBank | 2 | 18% | $1.0M | $2.0M |
| 3 | 1st Source Bank | 2 | 18% | $730K | $1.5M |
| 4 | First Internet Bank of Indiana | 2 | 18% | $498K | $995K |
| 5 | First Bank of Central Ohio | 1 | 9% | $4.7M | $4.7M |
| 6 | Pathward National Association | 1 | 9% | $1.5M | $1.5M |
| 7 | Byline Bank | 1 | 9% | $1.4M | $1.4M |
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
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.