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Plumbing, Heating, and Air-Conditioning Contractors: SBA acquisition loans in Minnesota
8 SBA-financed business acquisitions in Minnesota classified as Plumbing, Heating, and Air-Conditioning Contractors, FY2024–FY2026. Median loan $477K. See which lenders did them.
- Acquisitions financed
- 8
- Total approved
- $7.1M
- Median loan
- $477K
- Middle half of loans
- $175K to $1.4M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 8 recorded approvals in FY2024–FY2026. For a broader comparison, open the Minnesota state profile or the national industry profile.
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 2 | 25% | $907K | $1.8M |
| 2 | BankVista | 2 | 25% | $322K | $645K |
| 3 | Falcon National Bank | 2 | 25% | $230K | $459K |
| 4 | Merchants Bank, National Association | 1 | 12% | $2.9M | $2.9M |
| 5 | Old National Bank | 1 | 12% | $1.3M | $1.3M |
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.