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Insurance Agencies and Brokerages: SBA acquisition loans in New York
9 SBA-financed business acquisitions in New York classified as Insurance Agencies and Brokerages, FY2024–FY2026. Median loan $627K. See which lenders did them.
- Acquisitions financed
- 9
- Total approved
- $10.3M
- Median loan
- $627K
- Middle half of loans
- $150K to $1.4M
- Median starting rate
- 10.00%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 9 recorded approvals in FY2024–FY2026. For a broader comparison, open the New York state profile or the national industry profile.
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Byline Bank | 2 | 22% | $760K | $1.5M |
| 2 | Rhinebeck Bank | 2 | 22% | $174K | $347K |
| 3 | Bankwell Bank | 1 | 11% | $5.0M | $5.0M |
| 4 | Live Oak Banking Company | 1 | 11% | $1.6M | $1.6M |
| 5 | Hanover Community Bank | 1 | 11% | $1.0M | $1.0M |
| 6 | United Midwest Savings Bank National Association | 1 | 11% | $627K | $627K |
| 7 | Pathward National Association | 1 | 11% | $150K | $150K |
For comparison, the same industry nationwide: 263 loans, median $702K, median starting rate 9.75%. See Insurance Agencies and Brokerages in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.