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Long's Htg & A/c, Inc.

Corpus Christi, TX · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Long's Htg & A/c, Inc. is a plumbing, heating, and air-conditioning contractor in Corpus Christi, Texas, classified under NAICS code 238220. The company was financed with an SBA 7(a) loan for a change of ownership totaling $2,209,000, approved by Celtic Bank Corporation on January 30, 2026.

SBA 7(a) loan, change of ownership, approved Jan 30, 2026

$2,209,000 approvedLender: Celtic Bank Corporation18 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,209,000
SBA-guaranteed amount
$1,656,750 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
18 years (216 months)
Estimated maturity
January 30, 2044 (estimated, approval date plus term)
Estimated monthly payment
$21,032 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 19, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Nueces County, TX
SBA district office
Lower Rio Grande Valley District Office
Congressional district
TX-27
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 Texas: $1,944,682.

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 Texas