Commercial Risk Insurance LLC
Commercial Risk Insurance LLC, located in Strongsville, OH, operates in the insurance agencies and brokerages industry (NAICS 524210). The company was financed with an SBA 7(a) loan for a change of ownership of $877,000, approved on September 25, 2026 by KeyBank National Association, with a 10-year term.
SBA 7(a) loan, change of ownership, approved Sep 25, 2026
$877,000 approvedLender: KeyBank National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $877,000
- SBA-guaranteed amount
- $657,750 (75% of the approval)
- Lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 25, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,991 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Cuyahoga County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 34% of acquisition loans in Insurance Agencies and Brokerages on this site.
- Average acquisition loan in Insurance Agencies and Brokerages: $1,528,335.
- Average acquisition loan in Ohio: $1,840,340.
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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