Main Street Registry

The Runden Agency, LLC

Thorton, CO · Insurance Agencies and Brokerages · NAICS 524210

The Runden Agency, LLC is an insurance agency and brokerage located in Thorton, CO, in the NAICS 524210 industry. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $702,000, approved by Byline Bank on November 20, 2025. The loan's stated jobs figure is 5.

SBA 7(a) loan, change of ownership, approved Nov 20, 2025

$702,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$702,000
SBA-guaranteed amount
$526,500 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
November 20, 2035 (estimated, approval date plus term)
Estimated monthly payment
$9,180 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 2, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Project location
Adams County, CO
SBA district office
Colorado District Office
Congressional district
CO-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 21% 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 Colorado: $1,608,658.

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 Colorado