4.926% 504 20 year term, December 2018
4.990% 504 25 year term, December 2018

 

AirTech Heating and Cooling

March 2016 | Newport, MN

 

Minnesota has one of the most extreme temperature ranges and fluctuation patterns in the United States. AirTech Heating and Cooling is able to handle the heating and cooling needs of the residents of Minnesota by making their customer's comfort their priority. Formed in 2004 by Jeren Hamlin, AirTech specializes in the sales and installation of heating and air conditioning units as well as maintenance and upkeep of HVAC. Offering a range of products from standard gas furnaces and air conditioners to eco-friendly geothermal systems, AirTech is able to not only solve their customers heating and cooling problems, but also to provide an explanation to their customers as to what caused the problems and how to eliminate them from happening again. By offering 24/7 service available 365 days a year, AirTech prioritizes their customers and believes in responding to service calls promptly, no matter what day of the year it is. 

 

In October Jeren saw an opportunity to expand AirTech's service area by purchasing a second location. With the help of an SBA 504 loan provided by WBD and financed through Anchor Bank Jeren was able to buy a location in Newport, MN. Thanks to the purchase AirTech Heating and Cooling now has a larger service area and can hire five additional certified technicians.

 

 

Funded

March 2016

 

Owner(s)

Jeren Hamlin

 

Bank & Lender

Anchor Bank, Keith Crep

 

Financing

Purchase of real estate and improvements

 

Jobs Created & Retained

Created 5 jobs

 

Public Policy Goals/Local Development Goals

Job creation

 

Project Amount

$695,000

 

WBD Contact

April Nelson

 

April's Personal Page

 

Email April

P: (715) 381-6719

Minnesota has one of the most extreme temperature ranges and fluctuation patterns in the United States. AirTech Heating and Cooling is able to handle the heating and cooling needs of the residents of Minnesota by making their customer's comfort their priority. Formed in 2004 by Jeren Hamlin, AirTech specializes in the sales and installation of heating and air conditioning units as well as maintenance and upkeep of HVAC. Offering a range of products from standard gas furnaces and air conditioners to eco-friendly geothermal systems, AirTech is able to not only solve their customers heating and cooling problems, but also to provide an explanation to their customers as to what caused the problems and how to eliminate them from happening again. By offering 24/7 service available 365 days a year, AirTech prioritizes their customers and believes in responding to service calls promptly, no matter what day of the year it is. 

 

In October Jeren saw an opportunity to expand AirTech's service area by purchasing a second location. With the help of an SBA 504 loan provided by WBD and financed through Anchor Bank Jeren was able to buy a location in Newport, MN. Thanks to the purchase AirTech Heating and Cooling now has a larger service area and can hire five additional certified technicians.