Main Street Registry

Dave's Home Service of Indiana Inc.

North Webster, IN · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Dave's Home Service of Indiana Inc. is a plumbing, heating, and air-conditioning contractor located in North Webster, Indiana. The company was financed with an SBA 7(a) loan for a change of ownership of $1.42 million, approved on August 29, 2025 by Byline Bank.

SBA 7(a) loan, change of ownership, approved Aug 29, 2025

$1,420,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,420,000
SBA-guaranteed amount
$1,065,000 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
August 29, 2035 (estimated, approval date plus term)
Estimated monthly payment
$18,765 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Kosciusko County, IN
SBA district office
Indiana District Office
Congressional district
IN-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 51% 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 Indiana: $1,995,900.

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 Indiana