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Mr. Reliable Heating & Air LLC

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

Mr. Reliable Heating & Air LLC, located in Katy, Texas, operates in plumbing, heating, and air-conditioning contracting. The company was financed with an SBA 7(a) loan for a change of ownership, approved on April 8, 2026, in the amount of $1,065,000 through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Apr 8, 2026

$1,065,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,065,000
SBA-guaranteed amount
$798,750 (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
9.5%, variable
Term
10 years (120 months)
Estimated maturity
April 8, 2036 (estimated, approval date plus term)
Estimated monthly payment
$13,781 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 5, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
16
Business type
LLC or partnership
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 36% 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