Wilson's Insurance Agency LLC
Wilson's Insurance Agency LLC is an insurance agency and brokerage located in Highland, Indiana, classified under NAICS code 524210. The company was financed with an SBA 7(a) loan for a change of ownership of $814,000, approved on June 18, 2026, through First Bank of Central Ohio.
SBA 7(a) loan, change of ownership, approved Jun 18, 2026
$814,000 approvedLender: First Bank of Central Ohio10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $814,000
- SBA-guaranteed amount
- $610,500 (75% of the approval)
- Lender
- First Bank of Central Ohio, Worthington, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 18, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,202 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 7, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Lake County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 31% 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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