SBA Loans for Insurance Agencies and Brokerages in Louisiana: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Louisiana. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Louisiana
Median Loan Size
$812,250
per approval
Recent Activity
0
last 90 days through Jun 2022
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $812,250.
Key trends & insights
- Insurance Agencies and Brokerages in Louisiana lending is concentrated — Readycap Lending, LLC, Optus Bank, MVB Bank, INC. together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Readycap Lending, LLC leads this industry with 1 approvals (25% market share) and a median loan of $1,289,500.
- Insurance Agencies and Brokerages in Louisiana loans run larger than the SBA average — a $812,250 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2022-06-23 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Insurance Agencies and Brokerages in Louisiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $1,289,500 | |
| 2 | 1 | $280,000 | |
| 3 | 1 | $1,535,000 | |
| 4 | 1 | $335,000 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Louisiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-06 | MVB Bank, Inc. | NAS*****LLC | VILLE PLATTE, LA | $1,535,000 |
| 2022-02 | Live Oak Banking Company | Kel*****LLC | LAKE CHARLES, LA | $335,000 |
| 2021-02 | Readycap Lending, LLC | Rho*****orp | Harvey, LA | $1,289,500 |
| 2019-12 | Optus Bank | Gui*****LLC | Lake Charles, LA | $280,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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