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Happy Customer Heating & Air Conditioning LLC

Wilmington, NC · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Happy Customer Heating & Air Conditioning LLC is a plumbing, heating, and air-conditioning contracting business located in Wilmington, North Carolina. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2.14 million from Live Oak Banking Company, with a loan date of July 2, 2026.

SBA 7(a) loan, change of ownership, approved Jul 2, 2026

$2,140,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,140,000
SBA-guaranteed amount
$1,605,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.15%, variable
Term
10 years (120 months)
Estimated maturity
July 2, 2036 (estimated, approval date plus term)
Estimated monthly payment
$27,283 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 16, 2026
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
New Hanover County, NC
SBA district office
North Carolina District Office
Congressional district
NC-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 71% 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 North Carolina: $1,952,444.

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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Same industry in North Carolina