Westcoast Painting, LLC
Westcoast Painting, LLC, located in Renton, WA, operates in the painting and wall covering contractors industry (NAICS 238320). The company financed real estate or equipment through an SBA 504 loan of $1,124,000, approved on July 6, 2025, through Columbia Bank with Evergreen Business Capital as the certified development company.
SBA 504 loan, approved Jul 6, 2025
$1,124,000 SBA portionCDC: Evergreen Business Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,124,000
- Bank portion
- $1,365,240
- Estimated project size
- $2,765,822 (estimated)
- Estimated owner equity
- $276,582 (estimated, about 10% of the project)
- Bank lender
- Columbia Bank, Lake Oswego, OR
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 6, 2050 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238320, Painting and Wall Covering Contractors
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-9
- 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 Washington: $2,234,716.
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 Washington
- Fawcett Painting Inc., Kent