Main Street Registry

Pam's Plumbing, Inc.

Clewiston, FL · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Pam's Plumbing, Inc. is located in Clewiston, FL, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 7(a) loan of $1,600,000 for a change of ownership on April 29, 2024.

SBA 7(a) loan, change of ownership, approved Apr 29, 2024

Gross approval
$1,600,000
SBA-guaranteed amount
$1,200,000 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
April 29, 2034 (estimated, approval date plus term)
Estimated monthly payment
$22,267 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 31, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Hendry County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Florida