SBA loans for painting contractor businesses
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
Painting and Wall Covering Contractors (NAICS 238320)
1,095loans approved
$100,000median loan
$40K–$225Kmiddle half of loans
$225.7Mtotal approved
11%median initial rate
10 yrsmedian term
Borrowers reported 7,006 jobs created or retained.
18.6% of these loans went to franchise locations.
Loan sizes
States with the most loans
| State | Loans | Median |
|---|---|---|
| California | 109 | $50,000 |
| Florida | 103 | $138,500 |
| Massachusetts | 64 | $50,000 |
| New York | 63 | $100,000 |
| Ohio | 58 | $100,000 |
| Colorado | 57 | $150,000 |
| Texas | 50 | $150,000 |
| New Jersey | 43 | $72,000 |
| Michigan | 41 | $150,000 |
| Washington | 35 | $50,000 |
Most active lenders
| Lender | Loans | Median | Total |
|---|---|---|---|
| U.S. Bank, National Association | 147 | $30,000 | $8.9M |
| The Huntington National Bank | 147 | $100,000 | $27.8M |
| TD Bank, National Association | 68 | $50,500 | $5.9M |
| United Midwest Savings Bank National Association | 62 | $150,000 | $10.2M |
| Manufacturers and Traders Trust Company | 56 | $50,000 | $3.5M |
| Readycap Lending, LLC | 44 | $50,000 | $7.2M |
| JPMorgan Chase Bank, National Association | 38 | $185,000 | $7.2M |
| Northeast Bank | 37 | $121,700 | $5.1M |
| Live Oak Banking Company | 35 | $350,000 | $21.1M |
| Newtek Bank, National Association | 30 | $150,000 | $5.4M |
Planning one? Read how to start a painting contractor business and model payments with the loan calculator.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.