Main Street Registry

Aaspire Agency Inc.

Fort Myers, FL · Insurance Agencies and Brokerages · NAICS 524210

Aaspire Agency Inc. is an insurance agency and brokerage in Fort Myers, Florida, classified under NAICS code 524210. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $5 million approved on October 26, 2023, through Pathward National Association. The loan lists 30 jobs and a 10-year term.

SBA 7(a) loan, change of ownership, approved Oct 26, 2023

Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
Pathward National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
October 26, 2033 (estimated, approval date plus term)
Estimated monthly payment
$66,770 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
30
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Project location
Lee County, FL
SBA district office
South Florida District Office
Congressional district
FL-19
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Florida