Main Street Registry

K A C Jewelers LLC

Stuart, FL · All Other General Merchandise Retailers · NAICS 455219

K A C Jewelers LLC, located in Stuart, Florida, operates in the All Other General Merchandise Retailers industry (NAICS 455219). The business was financed with an SBA 7(a) loan for a change of ownership of $2,175,000, approved on January 16, 2025, by lender Port 51 Lending LLC.

SBA 7(a) loan, change of ownership, approved Jan 16, 2025

$2,175,000 approvedLender: Port 51 Lending LLC10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,175,000
SBA-guaranteed amount
$1,631,250 (75% of the approval)
Lender
Port 51 Lending LLC, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
January 16, 2035 (estimated, approval date plus term)
Estimated monthly payment
$29,045 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
455219, All Other General Merchandise Retailers
Project location
Martin County, FL
SBA district office
South Florida District Office
Congressional district
FL-18
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 64% of acquisition loans in All Other General Merchandise Retailers on this site.
  • Average acquisition loan in All Other General Merchandise Retailers: $2,031,236.
  • 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