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Michiana Property LLC — SBA Loan Record (Niles, MI) | DealRoom

Intelligence/Plumbing, Heating, and Air-Conditioning Contractors/MI

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SBA lending record

Michiana Property LLC

2439 S 11th St, Niles, MI 49120 · 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.

$226K

Total SBA financing

1

Loan on record

FY2020

On record

1

Jobs supported

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

Is Michiana Property LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$226,400 — FY2020

Gross approval: $226,400
SBA guaranteed: $169,800 (75%)
Status: Paid in full
Rate at approval: 6% v
Term: 179 mo (15 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/5/2020
First disbursement: 6/30/2020
Days to fund: 25 days
Paid in full: 7/31/2025
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Plumbing, Heating, and Air-Conditioning Contractors
NAICS code: 238220
Lender: 1st Source Bank
Address: 2439 S 11th St
City: Niles, 49120
County: Berrien
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 6

The lender

1st Source Bank

1 loan 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.

SBA lenders in Michigan Lenders for plumbing, heating, and air-conditioning contractors Plumbing, Heating, and Air-Conditioning Contractors lenders in Michigan

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.

Michiana Heating& Air Conditioning Inc

Niles, MI· ~0 mi

Plumbing, Heating, and Air-Conditioning Contractors

$230K
SBA financing: ≈ $452K–$753K
Est. revenue (rough)

ALLEGIANT HEATING AND COOLING

South Bend, IN· ~8 mi

Plumbing, Heating, and Air-Conditioning Contractors

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

Advantage Plumbing, Inc.

Niles, MI· ~5 mi

Plumbing, Heating, and Air-Conditioning Contractors

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

ROHDY'S HEATING & COOLING, L.L.C.

Dowagiac, MI· ~15 mi

Plumbing, Heating, and Air-Conditioning Contractors

$126K
SBA financing: ≈ $247K–$412K
Est. revenue (rough)

Hershberger Heating INC

Goshen, IN· ~23 mi

Plumbing, Heating, and Air-Conditioning Contractors

$185K
SBA financing: ≈ $363K–$605K
Est. revenue (rough)

ETF Plumbing & HVAC Solutions LLC

Granger, IN· ~10 mi

Plumbing, Heating, and Air-Conditioning Contractors

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Michiana Property LLC in Niles, MI (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 $226K
On record FY2020
1 jobs supported
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Niles, MI
Lender: 1st Source 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 MI for ~$226k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

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); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/michiana-property-llc-mi
API:: https://dealroom.so/api/public/businesses/michiana-property-llc-mi
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.

Is Michiana Property LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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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 Michiana Property LLC.