Plumbing, Heating, and Air-Conditioning Contractors acquisitions in Wisconsin: SBA loan data
Since FY2018, SBA lenders have approved 41 7(a) loans to buy an existing business classified as Plumbing, Heating, and Air-Conditioning Contractors in Wisconsin, totaling $40.7M. The median loan was $643,000. That is 2.8% of the 1,452 acquisition loans in Wisconsin.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
How this compares
The median Plumbing, Heating, and Air-Conditioning Contractors loan in Wisconsin is 14% higher than the $562,750 median for all Wisconsin acquisitions, and 12% lower than the $734,000 median for Plumbing, Heating, and Air-Conditioning Contractors acquisitions nationwide (921 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 2.5% of seasoned Plumbing, Heating, and Air-Conditioning Contractors acquisition loans were charged off, and 2.6% of seasoned Wisconsin acquisition loans of any type.
Plumbing, Heating, and Air-Conditioning Contractors acquisition loans in Wisconsin by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 6 | $5.4M | $636,500 | |
| FY2020 | 6 | $7.2M | $1,177,200 | |
| FY2021 | 5 | $6.2M | $630,000 | |
| FY2022 | 4 | $3.3M | $737,000 | |
| FY2023 | 4 | $2M | $485,750 | |
| FY2024 | 4 | $1.2M | $293,000 | |
| FY2025 | 5 | $4.7M | $456,000 | |
| FY2026 | 7 | $10.7M | $1,093,500 |
How often do these acquisition loans fail?
Fewer than 20 Plumbing, Heating, and Air-Conditioning Contractors in Wisconsin 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.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Nicolet National Bank | 4 | 9.8% | $4.9M | |
| 2 | Live Oak Banking Company | 3 | 7.3% | $2.9M | |
| 3 | Old National Bank | 3 | 7.3% | $2.3M | |
| 4 | CCFBank National Association | 3 | 7.3% | $2M | |
| 5 | Waukesha State Bank | 2 | 4.9% | $4M |
Top franchise brands
No franchise brands recorded in this combination.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
Questions buyers ask
How much do SBA loans for Plumbing, Heating, and Air-Conditioning Contractors acquisitions in Wisconsin run?
The median SBA 7(a) loan was $643,000 across 41 loans (FY2018 to FY2026), with the middle half between $328,500 and $1,649,400. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Plumbing, Heating, and Air-Conditioning Contractors acquisitions in Wisconsin?
Nicolet National Bank (4), Live Oak Banking Company (3), Old National Bank (3), CCFBank National Association (3), Waukesha State Bank (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Plumbing, Heating, and Air-Conditioning Contractors acquisition loans fail in Wisconsin?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Plumbing, Heating, and Air-Conditioning Contractors acquisitions in Wisconsin?
1 of the 41 loans (2%) involved a franchise brand.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Wisconsin 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 Illinois
- Plumbing, Heating, and Air-Conditioning Contractors in Michigan
- Plumbing, Heating, and Air-Conditioning Contractors in North Carolina
- Full-Service Restaurants in Wisconsin
- Limited-Service Restaurants in Wisconsin
- Gasoline Stations with Convenience Stores in Wisconsin
- Hotels and Motels in Wisconsin
- General Automotive Repair in Wisconsin
- Drinking Places (Alcoholic Beverages) in Wisconsin
- All Other Specialty Trade Contractors in Wisconsin
- Machine Shops in Wisconsin
Small samples move a lot: each loan in this combination is 2% of the count. Industry is the NAICS code the lender recorded. See the methodology.