O'Mara Norton Enterprises Inc
O'Mara Norton Enterprises Inc, based in Canyon Country, California, is a plumbing, heating, and air-conditioning contractor. The company was financed with an SBA 7(a) loan for a change of ownership of $750,000, approved by CalPrivate Bank on March 26, 2025.
SBA 7(a) loan, change of ownership, approved Mar 26, 2025
$750,000 approvedLender: CalPrivate Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $750,000
- SBA-guaranteed amount
- $562,500 (75% of the approval)
- Lender
- CalPrivate Bank, La Jolla, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 26, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,120 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 14% 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 California: $1,688,228.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in California
- ADMAT Miller Investments LLC, San Leandro
- A.t.a. Plumbing & Construction Inc., Los Angeles
- AA Refrigeration, Corp., La Habra
- Kreit Mechanical Associates, Inc. (2), Los Angeles
- Air Systems Service & Construction, LLC, Folsom
- Air Conditioning Solutions, Inc., Santa Fe Springs
- Stout's Heating & Ac, Santa Rosa
- DHA Legacy, LLC, Redlands