Lender intelligence
Financing a painting and wall covering contractors acquisition in Illinois
The SBA 7(a) lenders funding the most painting and wall covering contractors acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in painting and wall covering contractors · Illinois
Ranked by funded painting and wall covering contractors acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
- 2.4 loans · $1M · Belleville, ILFull record →
6+ funded Painting and Wall Covering Contractors in Illinois deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- CALUMET DECORATING SERVICE INC. in Oak Forest, IL — $1.3M (2025) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.23% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $971K (75%)
- Approval → funding
- 20 days
- Approved
- 12/10/2024
- First disbursed
- 12/30/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Painting and Wall Covering Contractors
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $144K
- Est. cash at closing
- $197K
- Monthly payment
- $16,553
- Annual debt service
- $199K
- Cash flow needed (1.25×)
- $248K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- CALUMET DECORATING SERVICE INC. in Oak Forest, IL — $500K (2025) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $250K (50%)
- Approval → funding
- 21 days
- Approved
- 12/9/2024
- First disbursed
- 12/30/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Painting and Wall Covering Contractors
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $6,539
- Annual debt service
- $78K
- Cash flow needed (1.25×)
- $98K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Wavent, LLC Demo 2 Decor in Belleville, IL — $450K (2024) · purchase · Bank of Belleville
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $338K (75%)
- Approval → funding
- 33 days
- Approved
- 4/25/2024
- First disbursed
- 5/28/2024
- Loan status
- Delinquent
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Painting and Wall Covering Contractors
If you were the buyer here
- Est. deal size
- $500K
- Est. down payment (10%)
- $50K
- Est. cash at closing
- $67K
- Monthly payment
- $6,009
- Annual debt service
- $72K
- Cash flow needed (1.25×)
- $90K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bank of Belleville · Lender record →
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- MITCHELL AND DAUGHTERS, LLC in Crystal Lake, IL — $590K (2022) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $443K (75%)
- Approval → funding
- 3 days
- Approved
- 7/19/2022
- First disbursed
- 7/22/2022
- Loan status
- Paid in full (7/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Painting and Wall Covering Contractors
If you were the buyer here
- Est. deal size
- $656K
- Est. down payment (10%)
- $66K
- Est. cash at closing
- $88K
- Monthly payment
- $6,927
- Annual debt service
- $83K
- Cash flow needed (1.25×)
- $104K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- KTK Painting, Inc. in Homer Glen, IL — $268K (2021) · purchase · Village Bank and Trust, National Association
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $201K (75%)
- Approval → funding
- 7 days
- Approved
- 6/30/2021
- First disbursed
- 7/7/2021
- Loan status
- Paid in full (7/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 33
- Business age
- Change of Ownership
- Industry
- Painting and Wall Covering Contractors
If you were the buyer here
- Est. deal size
- $297K
- Est. down payment (10%)
- $30K
- Est. cash at closing
- $40K
- Monthly payment
- $2,837
- Annual debt service
- $34K
- Cash flow needed (1.25×)
- $43K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
- Greenwell and Sons Painting Inc. in Des Plaines, IL — $240K (2021) · purchase · Crystal Lake Bank & Trust Company, National Association
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $180K (75%)
- Approval → funding
- 44 days
- Approved
- 8/17/2021
- First disbursed
- 9/30/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Painting and Wall Covering Contractors
If you were the buyer here
- Est. deal size
- $267K
- Est. down payment (10%)
- $27K
- Est. cash at closing
- $36K
- Monthly payment
- $3,420
- Annual debt service
- $41K
- Cash flow needed (1.25×)
- $51K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Crystal Lake Bank & Trust Company, National Association · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to painting and wall covering contractors businesses with a Illinois project address.
Agent summary
How to finance a painting and wall covering contractors acquisition in Illinois with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Illinois deals. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $269K typical loan
- 5 lenders active in Illinois
- 6+ funded Illinois deals
- 21 days typical to fund
Buyers buying a painting and wall covering contractors in Illinois typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.