Lender intelligence
Financing a insurance agencies and brokerages acquisition in Michigan
The SBA 7(a) lenders funding the most insurance agencies and brokerages acquisitions in Michigan, 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 · Michigan
Ranked by funded insurance agencies and brokerages acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
- 2.1 loans · $0M · Battle Creek, MIFull record →
- 3.575 loans · $220M · De Graff, OHFull record →
- 4.12 loans · $5M · Durham, NCFull record →
18+ funded Insurance Agencies and Brokerages in Michigan 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.
- Derek Maddox Agency, LLC in Bellevue, MI — $169K (2026) · purchase · Kellogg Community CU
- Program
- 7a General
- Rate at approval
- 8.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $127K (75%)
- Approval → funding
- 7 days
- Approved
- 3/13/2026
- First disbursed
- 3/20/2026
- 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
- $188K
- Est. down payment (10%)
- $19K
- Est. cash at closing
- $25K
- Monthly payment
- $2,121
- Annual debt service
- $25K
- Cash flow needed (1.25×)
- $32K
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 Kellogg Community CU · Lender record →
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- The Ellison Group Insurance Agency L.L.C. in Plymouth, MI — $1.7M (2024) · purchase · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 3 days
- Approved
- 2/26/2024
- First disbursed
- 2/29/2024
- Loan status
- Payments deferred
- 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
- $1.9M
- Est. down payment (10%)
- $193K
- Est. cash at closing
- $266K
- Monthly payment
- $24,201
- Annual debt service
- $290K
- Cash flow needed (1.25×)
- $363K
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 United Midwest Savings Bank National Association · Lender record →
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- GRAND RISK ADVISORS LLC in Grand Rapids, MI — $1.5M (2024) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.79% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 13 days
- Approved
- 3/19/2024
- First disbursed
- 4/1/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $162K
- Est. cash at closing
- $222K
- Monthly payment
- $19,085
- Annual debt service
- $229K
- Cash flow needed (1.25×)
- $286K
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 →
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- Agency Insurance & Financial Services in Portage, MI — $3.1M (2023) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.19% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.3M (75%)
- Approval → funding
- 10 days
- Approved
- 3/21/2023
- First disbursed
- 3/31/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not 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
- $3.4M
- Est. down payment (10%)
- $342K
- Est. cash at closing
- $472K
- Monthly payment
- $37,618
- Annual debt service
- $451K
- Cash flow needed (1.25×)
- $564K
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 →
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- CWC of Grand Ledge, Inc. in Grand Ledge, MI — $2.1M (2023) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.65% variable
- Term
- 144 mo (12 yrs)
- SBA guaranteed
- $1.6M (75%)
- Approval → funding
- 11 days
- Approved
- 6/22/2023
- First disbursed
- 7/3/2023
- Loan status
- Paid in full (1/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $2.4M
- Est. down payment (10%)
- $235K
- Est. cash at closing
- $324K
- Monthly payment
- $24,850
- Annual debt service
- $298K
- Cash flow needed (1.25×)
- $373K
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 →
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- Lage Enterprises Inc. in Shelby Township, MI — $1.9M (2023) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.04% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approval → funding
- 8 days
- Approved
- 12/28/2022
- First disbursed
- 1/5/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $2.1M
- Est. down payment (10%)
- $214K
- Est. cash at closing
- $294K
- Monthly payment
- $23,396
- Annual debt service
- $281K
- Cash flow needed (1.25×)
- $351K
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 →
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- Maher Insurance Services, Inc. in Troy, MI — $1.6M (2023) · purchase · Mechanics and Farmers Bank
- Program
- 7a General
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 8 days
- Approved
- 6/13/2023
- First disbursed
- 6/21/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- 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%)
- $178K
- Est. cash at closing
- $245K
- Monthly payment
- $21,433
- Annual debt service
- $257K
- Cash flow needed (1.25×)
- $321K
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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- Saint Insurance Agency Inc. in Lake Orion, MI — $3.0M (2022) · purchase · Mechanics and Farmers Bank
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.3M (75%)
- Approval → funding
- 14 days
- Approved
- 6/22/2022
- First disbursed
- 7/6/2022
- Loan status
- Current
- 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
- $3.3M
- Est. down payment (10%)
- $335K
- Est. cash at closing
- $462K
- Monthly payment
- $33,450
- Annual debt service
- $401K
- Cash flow needed (1.25×)
- $502K
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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- Winter Insurance Services LLC in Greenville, MI — $2.2M (2022) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.99% fixed
- Term
- 139 months
- SBA guaranteed
- $1.7M (75%)
- Approval → funding
- 15 days
- Approved
- 6/16/2022
- First disbursed
- 7/1/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $2.5M
- Est. down payment (10%)
- $247K
- Est. cash at closing
- $341K
- Monthly payment
- $22,236
- Annual debt service
- $267K
- Cash flow needed (1.25×)
- $334K
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 →
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- Design Underwriting, Inc. in Grand Rapids, MI — $730K (2022) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $548K (75%)
- Approval → funding
- 2 days
- Approved
- 8/24/2022
- First disbursed
- 8/26/2022
- 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
- $811K
- Est. down payment (10%)
- $81K
- Est. cash at closing
- $111K
- Monthly payment
- $8,764
- Annual debt service
- $105K
- Cash flow needed (1.25×)
- $131K
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 The Huntington National Bank · Lender record →
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- Erik Kline Agency Inc. in Clarkston, MI — $1.8M (2021) · purchase · Renasant Bank
- Program
- 7a General
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.6M (90%)
- Approval → funding
- 46 days
- Approved
- 2/11/2021
- First disbursed
- 3/29/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 13
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $2.0M
- Est. down payment (10%)
- $204K
- Est. cash at closing
- $280K
- Monthly payment
- $19,670
- Annual debt service
- $236K
- Cash flow needed (1.25×)
- $295K
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 Renasant Bank · Lender record →
Your business? Claim this record · Request removal
- Andrew Dewey Agency LLC in Troy, MI — $1.4M (2021) · purchase · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.3M (90%)
- Approval → funding
- 6 days
- Approved
- 8/5/2021
- First disbursed
- 8/11/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $158K
- Est. cash at closing
- $217K
- Monthly payment
- $15,642
- Annual debt service
- $188K
- Cash flow needed (1.25×)
- $235K
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 Beacon Bank and Trust · Lender record →
Your business? Claim this record · Request removal
- ROSCOMMON INSURANCE GROUP LLC in Roscommon, MI — $1.3M (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.49% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.2M (90%)
- Approved
- 9/17/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 24
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $148K
- Est. cash at closing
- $203K
- Monthly payment
- $14,482
- Annual debt service
- $174K
- Cash flow needed (1.25×)
- $217K
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
- TN MIchigan, L.C. in Grand Rapids, MI — $2.6M (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 4.7% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.9M (75%)
- Approval → funding
- 8 days
- Approved
- 9/15/2020
- First disbursed
- 9/23/2020
- Loan status
- Paid in full (12/31/2020)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $2.9M
- Est. down payment (10%)
- $286K
- Est. cash at closing
- $395K
- Monthly payment
- $26,936
- Annual debt service
- $323K
- Cash flow needed (1.25×)
- $404K
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
- Wright Insurance Services, LLC in Kalamazoo, MI — $1.5M (2020) · purchase · 1st Source Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 44 days
- Approved
- 6/17/2020
- First disbursed
- 7/31/2020
- 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
- $1.6M
- Est. down payment (10%)
- $161K
- Est. cash at closing
- $222K
- Monthly payment
- $16,126
- Annual debt service
- $194K
- Cash flow needed (1.25×)
- $242K
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 1st Source Bank · Lender record →
Your business? Claim this record · Request removal
- TN CIS II, L.C. in Grand Rapids, MI — $1.3M (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 4.7% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $958K (75%)
- Approval → funding
- 8 days
- Approved
- 9/15/2020
- First disbursed
- 9/23/2020
- Loan status
- Paid in full (12/31/2020)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $142K
- Est. cash at closing
- $195K
- Monthly payment
- $13,358
- Annual debt service
- $160K
- Cash flow needed (1.25×)
- $200K
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
- 3rd Generation Insurance Agency, Inc. in Petoskey, MI — $515K (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.49% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $386K (75%)
- Approval → funding
- 20 days
- Approved
- 9/2/2020
- First disbursed
- 9/22/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $572K
- Est. down payment (10%)
- $57K
- Est. cash at closing
- $77K
- Monthly payment
- $5,587
- Annual debt service
- $67K
- Cash flow needed (1.25×)
- $84K
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
- TN KJKlingenberg, L.C. in Grand Rapids, MI — $395K (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 4.7% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $296K (75%)
- Approval → funding
- 8 days
- Approved
- 9/15/2020
- First disbursed
- 9/23/2020
- Loan status
- Paid in full (12/31/2020)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $439K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $59K
- Monthly payment
- $4,132
- Annual debt service
- $50K
- Cash flow needed (1.25×)
- $62K
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
Financing a insurance agencies and brokerages deal in Michigan? Start with the right lender
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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 Michigan project address.
Agent summary
How to finance a insurance agencies and brokerages acquisition in Michigan with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Michigan deals. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $565K typical loan
- 8 lenders active in Michigan
- 18+ funded Michigan deals
- 8 days typical to fund
Buyers buying a insurance agencies and brokerages in Michigan 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.