Main Street Registry

Clearwater Holdings Wisconsin, LLC

Milwaukee, WI · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Clearwater Holdings Wisconsin, LLC is a plumbing, heating, and air-conditioning contractor located in Milwaukee, Wisconsin. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $516,300, approved on September 17, 2024, through Old National Bank.

SBA 7(a) loan, change of ownership, approved Sep 17, 2024

$516,300 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$516,300
SBA-guaranteed amount
$387,225 (75% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.95%, fixed
Term
10 years (120 months)
Estimated maturity
September 17, 2034 (estimated, approval date plus term)
Estimated monthly payment
$6,251 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 24, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Milwaukee County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 3% 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 Wisconsin: $1,729,230.

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 Wisconsin