Kelair, Inc.
Kelair, Inc. is located in Brewster, NY, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 7(a) loan of $2,253,000 for a change of ownership on March 5, 2026. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved Mar 5, 2026
- Gross approval
- $2,253,000
- SBA-guaranteed amount
- $1,689,750 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 5, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $29,153 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Putnam County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% 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 New York: $1,771,512.
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.
SBA 7(a) loan, change of ownership, approved Mar 5, 2026
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 5, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,470 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Putnam County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,758,508.
- Average acquisition loan in New York: $1,771,512.
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 New York
- Halesite HVAC LLC, East Northport
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- Leone Contractors LLC, Rochester
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- Tree Trunk Management Company, Ellenville
- The Holtz Companies, LLC, Webster