CO Insurance Specialist, LLC
CO Insurance Specialist, LLC is located in Wheat Ridge, Colorado, and 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 $729,000, with Community Banks of Colorado, A Division of NBH Bank as the lender and an approval date of May 14, 2026.
SBA 7(a) loan, change of ownership, approved May 14, 2026
$729,000 approvedLender: Community Banks of Colorado, A Division of NBH Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $729,000
- SBA-guaranteed amount
- $546,750 (75% of the approval)
- Lender
- Community Banks of Colorado, A Division of NBH Bank, Greenwood Village, CO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 14, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $8,371 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Jefferson County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 24% 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 Colorado: $1,608,658.
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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