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Aurora Painting & Decorating, Inc.

Vallejo, CA · Painting and Wall Covering Contractors · NAICS 238320

Aurora Painting & Decorating, Inc. is a painting and wall covering contractor in Vallejo, California. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $944,000, approved on May 9, 2025 by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved May 9, 2025

$944,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$944,000
SBA-guaranteed amount
$708,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
May 9, 2035 (estimated, approval date plus term)
Estimated monthly payment
$11,831 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
238320, Painting and Wall Covering Contractors
Project location
Solano County, CA
SBA district office
San Francisco District Office
Congressional district
CA-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 50% of acquisition loans in Painting and Wall Covering Contractors on this site.
  • Average acquisition loan in Painting and Wall Covering Contractors: $1,429,871.
  • Average acquisition loan in California: $1,688,228.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in California