How Much Can Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Businesses Get in SBA Loans?
546 SBA loans totaling $290.6M have been approved for warm air heating and air-conditioning equipment and supplies merchant businesses (NAICS 423730). The average approved SBA loan is $532K, which is 56% above avg the $340K national average. 177 active lenders fund this industry with a 13.3% default rate on the matured 2018-2021 loan cohort.
At 13.3%, Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 423730 (Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant) received 546 SBA loans worth $290.6M across 5+ states. Average loan $532K, average term 130 months, 13.3% default rate (resolved-loan basis).177 active SBA-approved lenders fund this industry. Most warm air heating and air-conditioning equipment and supplies merchant loans use the SBA 504 program. There are approximately 6,427 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant?+44% growth
Which SBA Program Do Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Businesses Use Most?
What Is the Best SBA Loan for Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant?
15% of warm air heating and air-conditioning equipment and supplies merchant loans use this program — ideal for real estate and major equipment purchases
Where Are Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant SBA Loans Most Common?
Top SBA Lenders for Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant
These banks have funded the most SBA loans for warm air heating and air-conditioning equipment and supplies merchant businesses (NAICS 423730). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 38 | $12.2M |
| 2 | Bank of America, National Association(NC) | 30 | $4.6M |
| 3 | The Huntington National Bank(OH) | 29 | $15.4M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 21 | $4.4M |
| 5 | TD Bank, National Association(DE) | 21 | $38.5M |
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Industry Context
Ready to Fund Your Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Business?
PeerSense places SBA loans for warm air heating and air-conditioning equipment and supplies merchant businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Businesses?
Across all SBA loan programs, 546 loans have been approved for businesses classified under NAICS 423730 (Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant), representing $290.6M in total capital deployed. The average approved loan of $532K is 56% above avg the national SBA average of $340K, with typical repayment terms of 130 months.
SBA lending for warm air heating and air-conditioning equipment and supplies merchant is accelerating — loan volume has grown approximately 44% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
The industry sees a balanced mix of SBA programs, with 15% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching warm air heating and air-conditioning equipment and supplies merchant business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant SBA Loans
What is the average SBA loan size for warm air heating and air-conditioning equipment and supplies merchant businesses?
Which SBA loan program is best for a warm air heating and air-conditioning equipment and supplies merchant business?
How many lenders fund SBA loans for warm air heating and air-conditioning equipment and supplies merchant?
What states have the most SBA lending for warm air heating and air-conditioning equipment and supplies merchant?
How does PeerSense help warm air heating and air-conditioning equipment and supplies merchant businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant defined by NAICS code 423730. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.