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Plumbing, Heating, and Air-Conditioning Contractors: SBA acquisition loans in New Jersey
12 SBA-financed business acquisitions in New Jersey classified as Plumbing, Heating, and Air-Conditioning Contractors, FY2024–FY2026. Median loan $852K. See which lenders did them.
- Acquisitions financed
- 12
- Total approved
- $16.4M
- Median loan
- $852K
- Middle half of loans
- $188K to $1.8M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Northwest Bank | 2 | 17% | $2.1M | $4.3M |
| 2 | Live Oak Banking Company | 2 | 17% | $955K | $1.9M |
| 3 | First Merchants Bank | 2 | 17% | $906K | $1.8M |
| 4 | Manufacturers and Traders Trust Company | 2 | 17% | $678K | $1.4M |
| 5 | T Bank, National Association | 1 | 8% | $4.3M | $4.3M |
| 6 | The Huntington National Bank | 1 | 8% | $2.0M | $2.0M |
| 7 | Fulton Bank, National Association | 1 | 8% | $500K | $500K |
| 8 | First Internet Bank of Indiana | 1 | 8% | $150K | $150K |
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.