CertaPro Painting-Highlands Ranch and Greenwood Village/Littleton
CertaPro Painting-Highlands Ranch and Greenwood Village/Littleton is a business located in Centennial, Colorado, in the Site Preparation Contractors industry (NAICS 238910). The business was financed with an SBA 7(a) loan for a change of ownership of $1,585,000, approved on February 11, 2025, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Feb 11, 2025
$1,585,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,585,000
- SBA-guaranteed amount
- $1,188,750 (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
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,510 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 47% of acquisition loans in Site Preparation Contractors on this site.
- Average acquisition loan in Site Preparation Contractors: $1,877,202.
- 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.
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