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Smart Coat Painting and Construction

Deerfield Beach, FL · Painting and Wall Covering Contractors · NAICS 238320

Smart Coat Painting and Construction is a painting and wall covering contractor located in Deerfield Beach, Florida, classified under NAICS 238320. The company financed real estate or equipment through an SBA 504 loan of $1,176,000, approved on December 11, 2025, with City National Bank of Florida as the lending bank and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Dec 11, 2025

$1,176,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,176,000
Bank portion
$1,427,500
Estimated project size
$2,892,778 (estimated)
Estimated owner equity
$289,278 (estimated, about 10% of the project)
Bank lender
City National Bank of Florida, Coral Gables, FL
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
December 11, 2050 (estimated, approval date plus term)
First disbursement
Mar 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
238320, Painting and Wall Covering Contractors
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-22
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Average expansion loan in Painting and Wall Covering Contractors: $1,299,333.
  • Average expansion loan in Florida: $2,058,496.

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 Florida