Home Heating, Plumbing & Airconditioning, Inc. and Home & Hearth
Home Heating, Plumbing & Airconditioning, Inc. and Home & Hearth is a plumbing, heating, and air-conditioning contractor located in Fargo, North Dakota. The business was approved for an SBA 504 loan of $2,095,000 through Cornerstone Bank and Dakota Business Lending on March 18, 2026, which financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Mar 18, 2026
$2,095,000 SBA portionCDC: Dakota Business Lending25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,095,000
- Bank portion
- $2,547,136
- Estimated project size
- $5,157,929 (estimated)
- Estimated owner equity
- $515,793 (estimated, about 10% of the project)
- Bank lender
- Cornerstone Bank, Fargo, ND
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 18, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Cass County, ND
- SBA district office
- North Dakota District Office
- Congressional district
- ND-0
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 67% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
- Average expansion loan in North Dakota: $1,912,640.
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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