The Highland Insurance Group LLC
The Highland Insurance Group LLC, based in Baton Rouge, Louisiana, operates in the insurance agencies and brokerages industry (NAICS 524210). It was financed with an SBA 7(a) loan for a change of ownership of $500,000, approved on September 30, 2026, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Sep 30, 2026
$500,000 approvedLender: Live Oak Banking Company10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.24%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 30, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,399 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- East Baton Rouge County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- 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
- Cucinella Insurance Services LLC, Mandeville
- Nick Plaisance Agencies, Inc., Abbeville