YMI Agency, Inc
YMI Agency, Inc is an insurance agency and brokerage located in Stroudsburg, PA, classified under NAICS code 524210 (Insurance Agencies and Brokerages). The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,320,000, approved on March 13, 2026, through Live Oak Banking Company, with a 120-month term.
SBA 7(a) loan, change of ownership, approved Mar 13, 2026
$2,320,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,320,000
- SBA-guaranteed amount
- $1,740,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 13, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $27,842 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Monroe County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 81% 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 Pennsylvania: $1,636,965.
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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