Main Street Registry

Allsen Insurance Agency Inc.

Humble, TX · Insurance Agencies and Brokerages · NAICS 524210

Allsen Insurance Agency Inc. is an insurance agency and brokerage located in Humble, Texas. The business was financed with an SBA 7(a) loan for a change of ownership totaling $3.2 million, approved on September 28, 2026 by Bankwell Bank.

SBA 7(a) loan, change of ownership, approved Sep 28, 2026

$3,200,000 approvedLender: Bankwell Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$3,200,000
SBA-guaranteed amount
$2,400,000 (75% of the approval)
Lender
Bankwell Bank, New Canaan, CT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
September 28, 2036 (estimated, approval date plus term)
Estimated monthly payment
$40,970 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
7
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 90% 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