SantaAir HVAC Corp.
SantaAir HVAC Corp. is a business in Raleigh, North Carolina, in the plumbing, heating, and air-conditioning contractors industry (NAICS 238220). The company was financed with an SBA 7(a) loan for a change of ownership of $1,030,000, approved on August 8, 2025 by Port 51 Lending LLC.
SBA 7(a) loan, change of ownership, approved Aug 8, 2025
$1,030,000 approvedLender: Port 51 Lending LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,030,000
- SBA-guaranteed amount
- $772,500 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 8, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,755 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Wake County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 34% 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 North Carolina: $1,952,444.
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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