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Diamond Gate Supply and Service, LLC

Sunrise, FL · All Other Specialty Trade Contractors · NAICS 238990

Diamond Gate Supply and Service, LLC is a business in Sunrise, FL in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $816,200, approved on July 28, 2025, through Locality Bank.

SBA 7(a) loan, change of ownership, approved Jul 28, 2025

$816,200 approvedLender: Locality Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$816,200
SBA-guaranteed amount
$612,150 (75% of the approval)
Lender
Locality Bank, Fort Lauderdale, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
July 28, 2035 (estimated, approval date plus term)
Estimated monthly payment
$10,673 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 24% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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