Main Street Registry

Majestic Floors Inc

Concord, CA · Other Miscellaneous Durable Goods Merchant Wholesalers · NAICS 423990

Majestic Floors Inc is located in Concord, California, and operates in the other miscellaneous durable goods merchant wholesalers industry (NAICS 423990). The company was financed with an SBA 7(a) loan for a change of ownership of $2.4 million, approved on August 29, 2025, through U.S. Bank, National Association, with a 25-year term and 49 jobs reported.

SBA 7(a) loan, change of ownership, approved Aug 29, 2025

$2,372,200 approvedLender: U.S. Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,372,200
SBA-guaranteed amount
$1,779,150 (75% of the approval)
Lender
U.S. Bank, National Association, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.56%, variable
Term
25 years (300 months)
Estimated maturity
August 29, 2050 (estimated, approval date plus term)
Estimated monthly payment
$16,106 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
49
Business type
Corporation
NAICS
423990, Other Miscellaneous Durable Goods Merchant Wholesalers
Project location
Contra Costa County, CA
SBA district office
San Francisco District Office
Congressional district
CA-11
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 58% of acquisition loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
  • Average acquisition loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,301,987.
  • Average acquisition loan in California: $1,688,228.

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 California