Main Street Registry

Washington Leak Detection LLC

Kirkland, WA · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Washington Leak Detection LLC is a plumbing, heating, and air-conditioning contractor located in Kirkland, Washington, in the industry classified as Plumbing, Heating, and Air-Conditioning Contractors. The business was financed with an SBA 7(a) loan for a change of ownership of $1,076,600, approved on July 22, 2025 by The Bancorp Bank National Association.

SBA 7(a) loan, change of ownership, approved Jul 22, 2025

$1,076,600 approvedLender: The Bancorp Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,076,600
SBA-guaranteed amount
$807,450 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
July 22, 2035 (estimated, approval date plus term)
Estimated monthly payment
$13,348 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 8, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 37% 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 Washington: $1,784,595.

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 Washington