ARCTIC AIR CONDITIONING AND HEATING INC

405 30TH ST, Lubbock, TX 79404 · 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.

$1.2M

Total SBA financing

1

Loan on record

FY2021

On record

7

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$1,200,000 — FY2021

Gross approval: $1,200,000
SBA guaranteed: $900,000 (75%)
Status: Paid in full
Rate at approval: 4.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 3/15/2021
First disbursement: 4/26/2021
Days to fund: 42 days
Paid in full: 12/31/2023
Collateral: Required
Jobs supported: 7
Business type: Corporation
Business age: Change of Ownership
Industry: Plumbing, Heating, and Air-Conditioning Contractors
NAICS code: 238220
Lender: Cornerstone Capital Bank SSB
Address: 405 30TH ST
City: Lubbock, 79404
County: Lubbock
SBA district office: LUBBOCK DISTRICT OFFICE
Congressional district: 19

The lender

Cornerstone Capital Bank SSB

1 loan to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for ARCTIC AIR CONDITIONING AND HEATING INC in Lubbock, TX (Plumbing, Heating, and Air-Conditioning Contractors). DealRoom 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.

1 SBA 7(a) loan totaling $1.2M
On record FY2021
7 jobs supported
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Lubbock, TX
Lender: Cornerstone Capital Bank SSB

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/arctic-air-conditioning-and-heating-inc-tx
API:: https://dealroom.so/api/public/businesses/arctic-air-conditioning-and-heating-inc-tx
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with ARCTIC AIR CONDITIONING AND HEATING INC.