Sanford Floors LLC
Sanford Floors LLC is located in Debary, FL, and the SBA lists its industry as Floor Covering Retailers. It was approved for an SBA 7(a) loan of $1,612,000 for a change of ownership on May 26, 2026.
SBA 7(a) loan, change of ownership, approved May 26, 2026
- Gross approval
- $1,612,000
- SBA-guaranteed amount
- $1,209,000 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 26, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $20,420 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 3, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 449121, Floor Covering Retailers
- Project location
- Volusia County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in Floor Covering Retailers on this site.
- Average acquisition loan in Floor Covering Retailers: $2,205,596.
- 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
- Vphs SW FL Flooring LLC, Fort Myers
- Push Thru LLC, Winter Park