Main Street Registry

Rising Star Pavers

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

Rising Star Pavers is a business in Nokomis, Florida, 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 $576,000, approved on May 7, 2026, through SouthState Bank, National Association.

SBA 7(a) loan, change of ownership, approved May 7, 2026

$576,000 approvedLender: SouthState Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$576,000
SBA-guaranteed amount
$432,000 (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
May 7, 2036 (estimated, approval date plus term)
Estimated monthly payment
$7,219 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 29, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Sarasota 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 13% 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