Cucinella Insurance Services LLC
Cucinella Insurance Services LLC is an insurance agency and brokerage located in Mandeville, Louisiana. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,105,000, approved on December 8, 2025 by American Bank.
SBA 7(a) loan, change of ownership, approved Dec 8, 2025
$1,105,000 approvedLender: American Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,105,000
- SBA-guaranteed amount
- $828,750 (75% of the approval)
- Lender
- American Bank, Covington, LA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 8, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,148 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Saint Tammany County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 50% 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 Louisiana: $1,702,056.
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 Louisiana
- The Highland Insurance Group LLC, Baton Rouge
- Nick Plaisance Agencies, Inc., Abbeville