SBA lending record
LT PLUMBING LLC
1504 18th Ave Dr. E, Palmetto, FL 34221 · 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.
$3.2M
Total SBA financing
3
Loans on record
FY2021–23
On record
129
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$150,000 — FY2023
Loan 1 of 3- Gross approval
- $150,000
- SBA guaranteed
- $75,000 (50%)
- Status
- Paid in full
- Rate at approval
- 9.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/6/2023
- First disbursement
- 8/1/2024
- Days to fund
- 542 days
- Paid in full
- 10/31/2024
- Collateral
- Required
- Jobs supported
- 50
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Address
- 1504 18th Avenue Dr E
- City
- Palmetto, 34221
- County
- Manatee
- SBA district office
- SOUTH FLORIDA DISTRICT OFFICE
- Congressional district
- 16
$350,000 — FY2021
Loan 2 of 3- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Paid in full
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 7/28/2021
- First disbursement
- 8/6/2021
- Days to fund
- 9 days
- Paid in full
- 10/31/2024
- Collateral
- Required
- Jobs supported
- 40
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Address
- 1504 18th Ave Dr. E
- City
- Palmetto, 34221
- County
- Manatee
- SBA district office
- SOUTH FLORIDA DISTRICT OFFICE
- Congressional district
- 16
$2,739,000 — FY2021
Loan 3 of 3- Gross approval
- $2,739,000
- SBA guaranteed
- $2,465,100 (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
- Business purchase
- Approved
- 7/28/2021
- First disbursement
- 7/30/2021
- Days to fund
- 2 days
- Paid in full
- 7/31/2024
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 39
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Address
- 1504 18th Ave Dr E
- City
- Palmetto, 34221
- County
- Manatee
- SBA district office
- SOUTH FLORIDA DISTRICT OFFICE
- Congressional district
- 16
The lender
Merchants Bank of Indiana
3 loans to this businessFull SBA lending record + branches on the lender page →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.
Accurate Backflow Testing Pros, Inc
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- $1.1M
- SBA financing
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- Est. revenue (rough)
Randy Marchbank Plumbing and Gas, LLC
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- $2.8M
- SBA financing
- ≈ $5.4M–$9.1M
- Est. revenue (rough)
Llona Plumbing, Pronto Service Pros and National Air Warehouse
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- $4.3M
- SBA financing
- ≈ $8.4M–$14M
- Est. revenue (rough)
Titan Water Holdings LLC
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Plumbing, Heating, and Air-Conditioning Contractors
- $1.5M
- SBA financing
- ≈ $3.0M–$5.0M
- Est. revenue (rough)
AMJ Suncoast Inc.
Sarasota, FL· ~11 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $1.5M
- SBA financing
- ≈ $3.0M–$5.0M
- Est. revenue (rough)
Jones & Sons Plumbing and Air, Inc.
Safety Harbor, FL· ~34 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $3.6M
- SBA financing
- ≈ $7.0M–$12M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for LT PLUMBING LLC in Palmetto, FL (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.
- 3 SBA 7(a) loans totaling $3.2M
- On record FY2021–23
- 129 jobs supported
- Industry: Plumbing, Heating, and Air-Conditioning Contractors
- Location: Palmetto, FL
- Lender: Merchants Bank of Indiana
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 FL for ~$1.1M 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.
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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 LT PLUMBING LLC.