SBA lending record
Area Mechanical
3276 FANUM RD, STE 800, Saint Paul, MN 55110 · Plumbing, Heating, and Air-Conditioning Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$882K
Total SBA financing
2
Loans on record
FY2021
On record
28
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Area Mechanical your business?
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All 2 loans
$682,100 — FY2021
Loan 1 of 2- Gross approval
- $682,100
- SBA guaranteed
- $613,890 (90%)
- Status
- Paid in full
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/24/2021
- First disbursement
- 10/21/2021
- Days to fund
- 27 days
- Paid in full
- 6/30/2023
- Collateral
- Required
- Jobs supported
- 14
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Lender
- Village Bank
- Address
- 3276 FANUM RD, STE 800
- City
- Saint Paul, 55110
- County
- Ramsey
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
$200,000 — FY2021
Loan 2 of 2- Gross approval
- $200,000
- SBA guaranteed
- $100,000 (50%)
- Status
- Cancelled
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/30/2021
- Collateral
- Required
- Jobs supported
- 14
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Lender
- Village Bank
- Address
- 3276 FANUM RD STE 800
- City
- Saint Paul, 55110
- County
- Ramsey
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
The lender
Find SBA lenders for businesses like this
The banks most active funding plumbing, heating, and air-conditioning contractors — by location, industry.
Similar businesses
Comparable plumbing, heating, and air-conditioning contractors in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Area Mechanical, LLC
Saint Paul, MN· ~0 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
HFDF ACQUISITION, LLC
Saint Paul, MN· ~10 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $696K
- SBA financing
- ≈ $1.4M–$2.3M
- Est. revenue (rough)
Street Plumbing Inc.
Burnsville, MN· ~20 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $850K
- SBA financing
- ≈ $1.7M–$2.8M
- Est. revenue (rough)
Legacy Companies, Inc.
Bloomington, MN· ~18 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $805K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
Alberts Plumbing Inc.
Saint Paul, MN· ~10 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $1.2M
- SBA financing
- ≈ $2.4M–$4.0M
- Est. revenue (rough)
Goss Plumbing Inc.
Minneapolis, MN· ~20 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $1.2M
- SBA financing
- ≈ $2.3M–$3.8M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Area Mechanical in Saint Paul, MN (Plumbing, Heating, and Air-Conditioning Contractors). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 2 SBA 7(a) loans totaling $882K
- On record FY2021
- 28 jobs supported
- Industry: Plumbing, Heating, and Air-Conditioning Contractors
- Location: Saint Paul, MN
- Lender: Village Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Plumbing, Heating, and Air-Conditioning Contractors businesses in MN for ~$441k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is Area Mechanical your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Area Mechanical.