Christopher Air & Heating, Inc.
Christopher Air & Heating, Inc. is located in Sarasota, FL, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 7(a) loan of $855,000 for a change of ownership on May 20, 2025.
SBA 7(a) loan, change of ownership, approved May 20, 2025
- Gross approval
- $855,000
- SBA-guaranteed amount
- $641,250 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,181 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Sarasota County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 23% of acquisition loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average acquisition loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,758,508.
- Average acquisition loan in Florida: $1,808,559.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Florida
- JHMB Home Services II LLC, Marathon
- Egberts Electric and Air Conditioning, Lakeland
- AAP Facility LLC, Homestead
- King's Heating & Air Inc, Gainesville
- Bohall's Total Comfort, Punta Gorda
- Tropic Mechanical Contractors, Sweetwater
- Executive Heating and Cooling I LLC, Punta Gorda
- Llona Plumbing, Pronto Service Pros and National Air Warehouse, Tampa