Main Street Registry

Torch Insurance Group Inc.

Bonita Springs, FL · Insurance Agencies and Brokerages · NAICS 524210

Torch Insurance Group Inc. is an insurance agency and brokerage located in Bonita Springs, Florida (NAICS 524210). The business was financed with an SBA 7(a) loan for a change of ownership of $987,400, approved by Byline Bank on September 18, 2026.

SBA 7(a) loan, change of ownership, approved Sep 18, 2026

$987,400 approvedLender: Byline Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$987,400
SBA-guaranteed amount
$740,550 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
September 18, 2036 (estimated, approval date plus term)
Estimated monthly payment
$12,777 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
4
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Project location
Lee County, FL
SBA district office
South Florida District Office
Congressional district
FL-19
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 43% 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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Same industry in Florida