High Desert Drywall LLC
High Desert Drywall LLC is located in Pasco, WA, and the SBA lists its industry as Drywall and Insulation Contractors. It was approved for an SBA 7(a) loan of $713,000 for a change of ownership on April 10, 2025.
SBA 7(a) loan, change of ownership, approved Apr 10, 2025
- Gross approval
- $713,000
- SBA-guaranteed amount
- $534,750 (75% of the approval)
- Lender
- Banner Bank, Walla Walla, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 10, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $9,226 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 238310, Drywall and Insulation Contractors
- Project location
- Franklin County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 23% of acquisition loans in Drywall and Insulation Contractors on this site.
- Average acquisition loan in Drywall and Insulation Contractors: $1,987,965.
- Average acquisition loan in Washington: $1,784,595.
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 Washington
- Summit Ventures Group, LLC, Woodinville