SBA lending record
Colvard Insurance Associates, Inc.
2130 2ND AVE NW, Cullman, AL 35058 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.9M
Total SBA financing
2
Loans on record
FY2020–25
On record
17
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 2 loans
$255,500 — FY2025
Loan 1 of 2- Gross approval
- $255,500
- SBA guaranteed
- $191,625 (75%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/26/2025
- First disbursement
- 9/12/2025
- Days to fund
- 78 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lenders
United Midwest Savings Bank National Association
1 loan to this business- Total assets
- $520.6B
- Deposits
- $429.7B
- Loans outstanding
- $363.1B
- Net income
- $2.8B
- Return on assets
- 2.202309972402985%
- Return on equity
- 16.08%
- Total equity
- $71.7B
- Offices
- 6
- Founded
- 05/0
- Headquarters
- 101 S Main St, Degraff, OH, 43318
- FDIC cert
- 32441
- Website
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Colvard Insurance Associates, Inc..