Lender intelligence
Financing a insurance agencies and brokerages acquisition in Iowa
The SBA 7(a) lenders funding the most insurance agencies and brokerages acquisitions in Iowa, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in insurance agencies and brokerages · Iowa
Ranked by funded insurance agencies and brokerages acquisitions in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.9 loans · $10M · Warren, PAFull record →
- 2.12 loans · $5M · Durham, NCFull record →
- 3.2 loans · $0M · Indianola, IAFull record →
- 4.1,296 loans · $1.4B · Wilmington, NCFull record →
6+ funded Insurance Agencies and Brokerages in Iowa deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Hobbs Agency LLC in Ottumwa, IA — $596K (2023) · purchase · Mechanics and Farmers Bank
- Program
- 7a General
- Rate at approval
- 8.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $447K (75%)
- Approval → funding
- 19 days
- Approved
- 11/2/2022
- First disbursed
- 11/21/2022
- Loan status
- Paid in full (7/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $662K
- Est. down payment (10%)
- $66K
- Est. cash at closing
- $89K
- Monthly payment
- $7,310
- Annual debt service
- $88K
- Cash flow needed (1.25×)
- $110K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Mechanics and Farmers Bank · Lender record →
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- Mark Crop Gen 3, Inc. in Le Mars, IA — $1.6M (2021) · purchase · Northwest Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 3.92% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 0 days
- Approved
- 11/13/2020
- First disbursed
- 11/13/2020
- Loan status
- Paid in full (8/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $179K
- Est. cash at closing
- $246K
- Monthly payment
- $16,254
- Annual debt service
- $195K
- Cash flow needed (1.25×)
- $244K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Northwest Bank · Lender record →
Your business? Claim this record · Request removal
- Mark Christopher Agency in Mason City, IA — $300K (2021) · purchase · NSB Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 3.995% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $270K (90%)
- Approval → funding
- 1 days
- Approved
- 3/30/2021
- First disbursed
- 3/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $333K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $45K
- Monthly payment
- $3,037
- Annual debt service
- $36K
- Cash flow needed (1.25×)
- $46K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by NSB Bank
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- Bruschmann, Inc. in Cherokee, IA — $275K (2021) · purchase · Northwest Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.8% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $206K (75%)
- Approved
- 11/23/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $305K
- Est. down payment (10%)
- $31K
- Est. cash at closing
- $41K
- Monthly payment
- $2,887
- Annual debt service
- $35K
- Cash flow needed (1.25×)
- $43K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Northwest Bank · Lender record →
Your business? Claim this record · Request removal
- Onstot and Neal Insurance llc in Indianola, IA — $158K (2021) · purchase · TruBank
- Program
- Preferred Lenders Program
- Rate at approval
- 1.25% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $119K (75%)
- Approval → funding
- 31 days
- Approved
- 6/29/2021
- First disbursed
- 7/30/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $176K
- Est. down payment (10%)
- $18K
- Est. cash at closing
- $23K
- Monthly payment
- $1,965
- Annual debt service
- $24K
- Cash flow needed (1.25×)
- $29K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by TruBank · Lender record →
Your business? Claim this record · Request removal
- The Kelley Group Co. in Hull, IA — $1.1M (2020) · purchase · Live Oak Banking Company
- Program
- 7a General
- Rate at approval
- 6.54% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $835K (75%)
- Approval → funding
- 23 days
- Approved
- 11/26/2019
- First disbursed
- 12/19/2019
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.2M
- Est. down payment (10%)
- $124K
- Est. cash at closing
- $170K
- Monthly payment
- $12,661
- Annual debt service
- $152K
- Cash flow needed (1.25×)
- $190K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to insurance agencies and brokerages businesses with a Iowa project address.
Agent summary
How to finance a insurance agencies and brokerages acquisition in Iowa with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Iowa deals. Northwest Bank funds the most here. DealRoom is not a lender.
- $565K typical loan
- 5 lenders active in Iowa
- 6+ funded Iowa deals
- 23 days typical to fund
Buyers buying a insurance agencies and brokerages in Iowa typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: