Integrity Insurance Advisors LLC
Integrity Insurance Advisors LLC is an insurance agency and brokerage located in Newburgh, Indiana, operating in the insurance agencies and brokerages industry (NAICS 524210). The company was financed with an SBA 7(a) loan for a change of ownership totaling $689,000, approved on August 22, 2025 by The First National Bank of Carmi. The loan is reported with 11 jobs.
SBA 7(a) loan, change of ownership, approved Aug 22, 2025
$689,000 approvedLender: The First National Bank of Carmi10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $689,000
- SBA-guaranteed amount
- $516,750 (75% of the approval)
- Lender
- The First National Bank of Carmi, Carmi, IL
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 22, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,915 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Warrick County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 17% 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 Indiana: $1,995,900.
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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