Main Street Registry

Froid Insurance Agency LLC

Saint Petersburg, FL · Insurance Agencies and Brokerages · NAICS 524210

Froid Insurance Agency LLC, located in Saint Petersburg, Florida, operates in the insurance agencies and brokerages industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $842,000, approved through First-Citizens Bank & Trust Company with a date of September 25, 2026. The company is listed as a franchise affiliated with Goosehead Insurance.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$842,000 approvedLender: First-Citizens Bank & Trust Company10 years termCommitted, not fully disbursedLoan details
Gross approval
$842,000
SBA-guaranteed amount
$631,500 (75% of the approval)
Lender
First-Citizens Bank & Trust Company, Raleigh, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
September 25, 2036 (estimated, approval date plus term)
Estimated monthly payment
$11,011 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
11
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Franchise
Goosehead Insurance
Project location
Pinellas County, FL
SBA district office
South Florida District Office
Congressional district
FL-13
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 33% 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 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