D&R Drainage Systems
D&R Drainage Systems, located in Nampa, Idaho, operates in the plumbing, heating, and air-conditioning contractors industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $2.5 million, approved on July 2, 2025, by First Merchants Bank.
SBA 7(a) loan, change of ownership, approved Jul 2, 2025
$2,515,000 approvedLender: First Merchants Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,515,000
- SBA-guaranteed amount
- $1,886,250 (75% of the approval)
- Lender
- First Merchants Bank, Indianapolis, 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
- July 2, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $32,889 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Canyon County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 78% 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 Idaho: $1,527,113.
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.
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