Consolidation trend Undated · USA
$75M+ of SBA lending to service contractors for acquisitions/expansion
The author underwrote over $230M in SBA loans, with over $75M for service contractors looking to acquire a business or expand, indicating meaningful financed M&A activity among HVAC/plumbing/electrical contractors.
“underwrote over $230,000,000 in SBA loans with over $75,000,000 being for service contractors looking to acquire a business or expand their current operation.”
Entities
Live Oak · Lender
ElectricalHVACPlumbing
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.