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WILLIAM HIGGINS INSURANCE AGENCY INC — SBA Loan Record (South Boston, MA) | DealRoom

Intelligence/Insurance Agencies and Brokerages/MA

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SBA lending record

WILLIAM HIGGINS INSURANCE AGENCY INC

551 E BROADWAY, South Boston, MA · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$75K

Total SBA financing

1

Loan on record

FY2023

On record

—

Jobs supported

Is WILLIAM HIGGINS INSURANCE AGENCY INC 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.

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The loan

$75,000 — FY2023

Gross approval: $75,000
SBA guaranteed: $37,500 (50%)
Status: Paid in full
Rate at approval: 11.74% f
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/27/2023
First disbursement: 6/27/2023
Days to fund: 0 days
Paid in full: 10/31/2025
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Insurance Agencies and Brokerages
NAICS code: 524210
Lender: Eastern Bank
Address: 551 E BROADWAY
City: South Boston
County: Suffolk
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 8

The lender

Eastern Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding insurance agencies and brokerages — by location, industry.

SBA lenders in Massachusetts Lenders for insurance agencies and brokerages Insurance Agencies and Brokerages lenders in Massachusetts

Similar businesses

Comparable insurance agencies and brokerages in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

THE PENSO AGENCY LLC

Boston, MA· ~2 mi

Insurance Agencies and Brokerages

$37K
SBA financing: ≈ $73K–$122K
Est. revenue (rough)

4 INSURANCE LLC

Salem, MA· ~14 mi

Insurance Agencies and Brokerages

$71K
SBA financing: ≈ $139K–$232K
Est. revenue (rough)

ASTRA INSURANCE SERVICES

Natick, MA· ~16 mi

Insurance Agencies and Brokerages

$66K
SBA financing: ≈ $130K–$217K
Est. revenue (rough)

LBP INSURANCE AGENCY, LLC

Reading, MA· ~13 mi

Insurance Agencies and Brokerages

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

Liberty Bell Services LLC

Lynn, MA· ~9 mi

Insurance Agencies and Brokerages

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

WOODLAND INSURANCE AGENCY, INC.

Hanson, MA· ~24 mi

Insurance Agencies and Brokerages

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for WILLIAM HIGGINS INSURANCE AGENCY INC in South Boston, MA (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 $75K
On record FY2023
Industry: Insurance Agencies and Brokerages
Location: South Boston, MA
Lender: Eastern Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Insurance Agencies and Brokerages businesses in MA for ~$75k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/william-higgins-insurance-agency-inc-ma
API:: https://dealroom.so/api/public/businesses/william-higgins-insurance-agency-inc-ma
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is WILLIAM HIGGINS INSURANCE AGENCY INC 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.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with WILLIAM HIGGINS INSURANCE AGENCY INC.