Gary's Flooring Kitchen & Bath
Gary's Flooring Kitchen & Bath, located in Sebring, FL, operates in the flooring contractors industry (NAICS 238330). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $789,000, approved by SouthState Bank, National Association on June 1, 2026.
SBA 7(a) loan, change of ownership, approved Jun 1, 2026
- Gross approval
- $789,000
- SBA-guaranteed amount
- $591,750 (75% of the approval)
- Lender
- SouthState Bank, National Association, Winter Haven, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 1, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,888 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 24, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 238330, Flooring Contractors
- Project location
- Highlands County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 24% of acquisition loans in Flooring Contractors on this site.
- Average acquisition loan in Flooring Contractors: $1,653,780.
- Average acquisition loan in Florida: $1,808,559.
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
- TCW of SWFL, Inc., Port Charlotte
- Pekok LLC, Jacksonville
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- E&B Surface Solutions, Inc., Jacksonville
- Alpha Surfaces LLC, Daytona Beach
- Lamarca Flooring Installations LLC, Lake Worth Beach
- Sarasota Builder Flooring, Inc., Sarasota
- Nickerson Enterprises LLC, Odessa