Main Street Registry

Lone Palm Insurance Group LLC

Naples, FL · Insurance Agencies and Brokerages · NAICS 524210

Lone Palm Insurance Group LLC is an insurance agency and brokerage located in Naples, Florida, in the insurance agencies and brokerages industry. It was financed with an SBA 7(a) loan for a change of ownership totaling $673,000, approved on June 18, 2026, through Readycap Lending, LLC.

SBA 7(a) loan, change of ownership, approved Jun 18, 2026

$673,000 approvedLender: Readycap Lending, LLC10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$673,000
SBA-guaranteed amount
$504,750 (75% of the approval)
Lender
Readycap Lending, LLC, Berkeley Heights, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
June 18, 2036 (estimated, approval date plus term)
Estimated monthly payment
$8,708 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Franchise
GreatFlorida Insurance
Project location
Collier County, FL
SBA district office
South Florida District Office
Congressional district
FL-19
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 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