15th and H Street Partners LLC
15th and H Street Partners LLC is an insurance agencies and brokerages business located in Coral Gables, Florida. It was financed with an SBA 7(a) loan for a change of ownership totaling $640,000, approved by Live Oak Banking Company on September 12, 2025.
SBA 7(a) loan, change of ownership, approved Sep 12, 2025
$640,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $640,000
- SBA-guaranteed amount
- $480,000 (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
- 8.99%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,104 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- 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-27
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 13% 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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