Plumbing, Heating, and Air-Conditioning Contractors acquisitions in Georgia: SBA loan data

How Plumbing, Heating, and Air-Conditioning Contractors in Georgia compares

The median for Plumbing, Heating, and Air-Conditioning Contractors acquisition loans in Georgia is $740,500, below the $875,000 median for all Georgia acquisitions, in line with the $734,000 median for Plumbing, Heating, and Air-Conditioning Contractors acquisitions nationwide and slightly above the $645,250 median for all SBA-financed acquisitions nationally.

The middle half runs $437,500 to $1,803,625, against $283,000 to $1,465,000 nationally; the median term is 10 years, the same as the national median; the average initial rate is 8.06%, above the 7.76% national average.

Too few of these loans are old enough to measure a charge-off rate; the national rate for seasoned acquisition loans is 3.5%.

Loan size distribution

Most Plumbing, Heating, and Air-Conditioning Contractors acquisition loans in Georgia (56%) were under $1M, and the largest single band is $350K to under $1M at 44%, against 33% of all acquisition loans.

Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.

Lender concentration

Live Oak Banking Company made 39% of Plumbing, Heating, and Air-Conditioning Contractors acquisition loans in Georgia, and the top three lenders together made 61%. 1 of the 10 lenders involved made three or more. Only 1 lender has repeat experience here. That is a rough guide to how many banks have seen this kind of deal before.

Recent activity

In FY2025 and FY2026 combined, 5 Plumbing, Heating, and Air-Conditioning Contractors acquisition loans in Georgia were approved. Fewer than 10 loans were approved in FY2023 and FY2024, so no change is computed. The median was $711,000, in line with the $740,500 median across all years.

Plumbing, Heating, and Air-Conditioning Contractors acquisition loans in Georgia by year

How often do these acquisition loans fail?

Fewer than 20 Plumbing, Heating, and Air-Conditioning Contractors in Georgia acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.

"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.

Related

• All Georgia acquisitions
• Financing one? How to get an SBA loan to buy an HVAC company
• Plumbing, Heating, and Air-Conditioning Contractors nationally
• Plumbing, Heating, and Air-Conditioning Contractors in Florida
• Plumbing, Heating, and Air-Conditioning Contractors in Texas
• Plumbing, Heating, and Air-Conditioning Contractors in California
• Plumbing, Heating, and Air-Conditioning Contractors in Colorado
• Plumbing, Heating, and Air-Conditioning Contractors in Pennsylvania
• Plumbing, Heating, and Air-Conditioning Contractors in Wisconsin
• Plumbing, Heating, and Air-Conditioning Contractors in Illinois
• Plumbing, Heating, and Air-Conditioning Contractors in Michigan
• Hotels and Motels in Georgia
• Full-Service Restaurants in Georgia
• Beer, Wine, and Liquor Retailers in Georgia
• Limited-Service Restaurants in Georgia
• Child Care Services in Georgia
• Broilers and Other Meat Type Chicken Production in Georgia
• Gasoline Stations with Convenience Stores in Georgia
• Fitness and Recreational Sports Centers in Georgia

Small samples move a lot: each loan in this combination is 6% of the count. Industry is the NAICS code the lender recorded. See the methodology.