Main Street Registry

7th Gen Insurance Group, LLC

Hutto, TX · Insurance Agencies and Brokerages · NAICS 524210

7th Gen Insurance Group, LLC, located in Hutto, Texas, operates in the insurance agencies and brokerages industry (NAICS 524210). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,654,000, approved on August 19, 2025, by United Midwest Savings Bank National Association.

SBA 7(a) loan, change of ownership, approved Aug 19, 2025

$1,654,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,654,000
SBA-guaranteed amount
$1,240,500 (75% of the approval)
Lender
United Midwest Savings Bank National Association, De Graff, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
August 19, 2035 (estimated, approval date plus term)
Estimated monthly payment
$22,087 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Project location
Williamson County, TX
SBA district office
San Antonio District Office
Congressional district
TX-17
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 71% 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 Texas: $1,944,682.

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 Texas