Florida Insurance Store, LLC
Florida Insurance Store, LLC is located in Apopka, FL, and the SBA lists its industry as Insurance Agencies and Brokerages. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on December 29, 2025.
SBA 7(a) loan, change of ownership, approved Dec 29, 2025
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Bankwell Bank, New Canaan, CT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $64,699 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Orange County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 97% 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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