Paint Supply Enterprises, LLC
Paint Supply Enterprises, LLC is located in Carbondale, CO, and the SBA lists its industry as Paint and Wallpaper Retailers. It was approved for an SBA 7(a) loan of $981,700 for a change of ownership on January 2, 2025.
SBA 7(a) loan, change of ownership, approved Jan 2, 2025
- Gross approval
- $981,700
- SBA-guaranteed amount
- $736,275 (75% of the approval)
- Lender
- Zions Bancorporation, National Association, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 2, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,525 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 10, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 444120, Paint and Wallpaper Retailers
- Project location
- Garfield County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Paint and Wallpaper Retailers: $1,308,067.
- 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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Same industry in Colorado
- The Paint Store, Carbondale