Pardo Insurance Agency, LLC
Pardo Insurance Agency, LLC is an insurance agency and brokerage located in Doral, Florida, in the insurance agencies and brokerages industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1.23 million, approved on January 21, 2026, through Byline Bank.
SBA 7(a) loan, change of ownership, approved Jan 21, 2026
$1,230,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,230,000
- SBA-guaranteed amount
- $922,500 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 21, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $15,916 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% 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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