Sterling Shield Insurance LLC
Sterling Shield Insurance LLC, located in Sparks, Nevada, operates in the insurance agencies and brokerages industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,305,000, approved on May 20, 2026 by United Midwest Savings Bank National Association.
SBA 7(a) loan, change of ownership, approved May 20, 2026
$1,305,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,305,000
- SBA-guaranteed amount
- $978,750 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 20, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $16,886 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 9, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Washoe County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 58% 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 Nevada: $1,617,910.
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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