Financing a plumbing and heating equipment and supplies (hydronics) merc acquisition in North Carolina

1+ funded Plumbing and Heating Equipment and Supplies (Hydronics) Merc in North Carolina deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

• Price Marketing, Inc. in Concord, NC — $1.3M (2023) · purchase · SouthState Bank, National Association

  Program

  Preferred Lenders Program

  Rate at approval

  9.75% variable

  Term

  120 mo (10 yrs)

  SBA guaranteed

  $979K (75%)

  Approval → funding

  14 days

  Approved

  2/10/2023

  First disbursed

  2/24/2023

  Loan status

  Paid in full (5/31/2025)

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Secondary market

  Loan sold to investors

  Jobs supported

  10

  Business age

  Change of Ownership

  Industry

  Plumbing and Heating Equipment and Supplies (Hydronics) Merc

  If you were the buyer here

  Est. deal size

  $1.4M

  Est. down payment (10%)

  $145K

  Est. cash at closing

  $199K

  Monthly payment

  $17,066

  Annual debt service

  $205K

  Cash flow needed (1.25×)

  $256K

  Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

  Funded by SouthState Bank, National Association · Lender record →

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