Insurance
Agencies & Brokerages
Small Business Owner Resource
SBA 7(a) lending intel on SBAmatch is designed to help Small Business Owners avoid the mistake of applying with the wrong lender. Every lender is different, and matching to the right one with the highest probability of approving an SBA loan will save countless headaches.
Below is the most recent lending data for the Insurance Agencies & Brokerages industry.
2021 Loans:
Lenders: 203
Approvals: 764
Amounts: $463M
Average: $605,454
2022 Loans:
Lenders: 165
Approvals: 641
Amounts: $293M
Average: $456,467
All-Time Loans:
Lenders: 1,132
Approvals: 11,857
Amounts: $3.3B
Average: $277,806
Insurance Agencies & Brokerages Industry Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Insurance Agencies & Brokerages Industry Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
60%
of all SBA Lenders of all time have never approved an SBA loan over $1 Million.
We can find the right one for you; for free. LEARN MORE.
Byline Bank Is A Top-Ranked Lender For Insurance Agencies & Brokerages
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Resources:
NAICS INDUSTRY
Our SBA 7a lending information is based on Insurance Agencies and Brokerages NACIS code 524210.
The NAICS website describes this industry as:
This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in selling annuities and insurance policies.
Illustrative Examples:
Financial investment advice services, customized, fees paid by client
Investment advisory services, customized, fees paid by client
Financial planning services, customized, fees paid by client