SBA lending record
Velox Insurance
802 N Main St, Cedartown, GA 30125 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$80K
Total SBA financing
1
Loan on record
FY2024
On record
2
Jobs supported
Franchise brand
Velox Insurance Inc. - License Agreement
See Velox Insurance Inc. - License Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
Is Velox Insurance your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$80,000 — FY2024
- Gross approval
- $80,000
- SBA guaranteed
- $68,000 (85%)
- Status
- Current
- Rate at approval
- 11% v
- Term
- 119 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/26/2024
- First disbursement
- 10/31/2024
- Days to fund
- 35 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
Newtek Bank, National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Velox Insurance in Cedartown, GA (Insurance Agencies and Brokerages). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $80K
- On record FY2024
- 2 jobs supported
- Industry: Insurance Agencies and Brokerages
- Location: Cedartown, GA
- Lender: Newtek Bank, National Association
Is Velox Insurance your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Velox Insurance.