Albright Insurance and Real Estate, LLC
Albright Insurance and Real Estate, LLC is a business in Winfield, Kansas, in the other activities related to real estate industry (NAICS 531390). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $843,000 from The Huntington National Bank, approved on February 20, 2025.
SBA 7(a) loan, change of ownership, approved Feb 20, 2025
$843,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $843,000
- SBA-guaranteed amount
- $632,250 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,140 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 531390, Other Activities Related to Real Estate
- Project location
- Cowley County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 36% of acquisition loans in Other Activities Related to Real Estate on this site.
- Average acquisition loan in Other Activities Related to Real Estate: $1,530,355.
- Average acquisition loan in Kansas: $1,491,022.
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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