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NAICS 423730 · Wholesale
SBA loans for warm air heating and air-conditioning equipment and supplies merchant wholesalers
378 SBA loans worth $253.1M have been approved in this industry since FY2010 - the #398 most-financed NAICS code in the country.
Median loan
$295,000
+64% vs all industries
Typical range
$25K-$1.7M
Middle 80%
Median rate
6.25%
7(a) initial note rate
Median term
10 yr
Charge-off rate
6.7%
vs 7.6% all industries
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| TD Bank | 21 | $38.5M | |
| The Huntington National Bank | 29 | $15.4M | |
| KeyBank | 12 | $12.4M | |
| Wells Fargo Bank | 19 | $7.7M | |
| Fifth Third Bank | 8 | $5.8M | |
| HEDCO Local Development Corporation | 2 | $5.5M | |
| Alloy Development Co., Inc. | 2 | $5.4M | |
| CDC Small Business Finance Corp. | 4 | $5.4M | |
| Trenton Business Assistance Corporation | 1 | $5.0M | |
| Bank of San Francisco | 1 | $5.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Florida | 50 | |
| California | 45 | |
| Ohio | 29 | |
| Texas | 28 | |
| Michigan | 21 | |
| Puerto Rico | 19 | |
| New York | 15 | |
| Wisconsin | 14 |
An SBA 7(a) lender for loans this size
54% of the SBA loans approved in warm air heating and air-conditioning equipment and supplies merchant wholesalers since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K12%
- $50K - $150K20%
- $150K - $350K22%
- $350K - $1M27%
- $1M - $2M11%
- Over $2M8%
Franchise brands in Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Johnstone Supply, Inc. | 7 | $9.7M | |
| Aire Serv | 1 | $225K | |
| Benjamin Franklin Plumbing | 1 | $100K |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other wholesale industries
Common questions
- How much do SBA lenders typically lend to a warm air heating and air-conditioning equipment and supplies merchant wholesalers business?
- The median SBA approval in NAICS 423730 is $295,000, with the middle 80% of loans between $25,200 and $1,703,000. Across all industries the median is $180,000.
- Which lenders are most active in warm air heating and air-conditioning equipment and supplies merchant wholesalers?
- By dollars approved: TD Bank, The Huntington National Bank, KeyBank, Wells Fargo Bank, Fifth Third Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
- Is warm air heating and air-conditioning equipment and supplies merchant wholesalers considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.7% were charged off, versus 7.6% across all SBA lending. That is close to average.
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