Jeniffer Zellner
Jeniffer Zellner is an insurance agencies and brokerages business located in Southaven, Mississippi. The company was financed with an SBA 7(a) loan for a change of ownership of $795,000, approved on May 20, 2025 by Byline Bank, with a 120-month term and 6 jobs reported.
SBA 7(a) loan, change of ownership, approved May 20, 2025
$795,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $795,000
- SBA-guaranteed amount
- $596,250 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,616 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Individual
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Desoto County, MS
- SBA district office
- Mississippi District Office
- Congressional district
- MS-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 30% 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 Mississippi: $1,688,600.
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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