Pat's Painting L.L.C.
Pat's Painting L.L.C. is a painting and wall covering contractor in Denver, CO (NAICS 238320). The company was financed with an SBA 7(a) loan for a change of ownership, with two loans of $500,000 and $4.5 million approved by The Huntington National Bank on November 17, 2025.
SBA 7(a) loan, change of ownership, approved Nov 17, 2025
$4,499,900 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,499,900
- SBA-guaranteed amount
- $3,374,925 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.15%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- November 17, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $54,954 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 5, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238320, Painting and Wall Covering Contractors
- Project location
- Denver County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 94% 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 Colorado: $1,608,658.
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.
SBA 7(a) loan, change of ownership, approved Nov 17, 2025
$500,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 17, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,266 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238320, Painting and Wall Covering Contractors
- Project location
- Denver County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Painting and Wall Covering Contractors: $1,429,871.
- Average acquisition loan in Colorado: $1,608,658.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Colorado
- Prentiss LLC, Crested Butte
- Daisy Point Holdings LLC, Boulder