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InsurSmart Insurance Services, Inc.

Glendale, CA · Insurance Agencies and Brokerages · NAICS 524210

InsurSmart Insurance Services, Inc. is an insurance agency and brokerage located in Glendale, CA, classified under NAICS 524210. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.28 million, approved on June 12, 2026 by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Jun 12, 2026

$1,280,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,280,000
SBA-guaranteed amount
$960,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.24%, variable
Term
10 years (120 months)
Estimated maturity
June 12, 2036 (estimated, approval date plus term)
Estimated monthly payment
$15,693 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 18, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-28
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 57% 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 California: $1,688,228.

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 California