Insurance Agencies and Brokerages acquisitions in Georgia: SBA loan data
Since FY2018, SBA lenders have approved 30 7(a) loans to buy an existing business classified as Insurance Agencies and Brokerages in Georgia, totaling $30.4M. The median loan was $915,000. That is 1.7% of the 1,774 acquisition loans in Georgia.
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How Insurance Agencies and Brokerages in Georgia compares
| Measure | Insurance Agencies and... | Georgia, all industries | Insurance Agencies and..., nationwide | All acquisitions |
|---|---|---|---|---|
| Median loan | $915,000 | $875,000 | $720,000 | $645,250 |
| Middle half of loans | $388,400 to $1,254,000 | $379,175 to $1,904,700 | $350,000 to $1,323,125 | $283,000 to $1,465,000 |
| Average initial rate | 7.96% | 7.62% | 7.55% | 7.76% |
| Median term | 10 years | 10 years | 10 years | 10 years |
| Charge-off rate (seasoned loans) | n/a | 3.2% | 3.1% | 3.5% |
| Loans in sample | 30 | 1,774 | 832 | 48,902 |
The median for Insurance Agencies and Brokerages acquisition loans in Georgia is $915,000, in line with the $875,000 median for all Georgia acquisitions, above the $720,000 median for Insurance Agencies and Brokerages acquisitions nationwide and well above the $645,250 median for all SBA-financed acquisitions nationally.
The middle half runs $388,400 to $1,254,000, against $283,000 to $1,465,000 nationally; the median term is 10 years, the same as the national median; the average initial rate is 7.96%, above the 7.76% national average.
Too few of these loans are old enough to measure a charge-off rate; the national rate for seasoned acquisition loans is 3.5%.
Loan size distribution
| Loan size | Insurance Agencies and... | All acquisitions |
|---|---|---|
| Under $350K | 23% | 30% |
| $350K to under $1M | 30% | 33% |
| $1M to under $2M | 40% | 19% |
| $2M and over | 7% | 17% |
Most Insurance Agencies and Brokerages acquisition loans in Georgia (53%) were under $1M, and the largest single band is $1M to under $2M at 40%, against 19% of all acquisition loans.
Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.
Lender concentration
United Midwest Savings Bank National Association made 20% of Insurance Agencies and Brokerages acquisition loans in Georgia, and the top three lenders together made 43%. 3 of the 16 lenders involved made three or more. Only 3 lenders have repeat experience here. That is a rough guide to how many banks have seen this kind of deal before.
Recent activity
In FY2025 and FY2026 combined, 5 Insurance Agencies and Brokerages acquisition loans in Georgia were approved. Fewer than 10 loans were approved in FY2023 and FY2024, so no change is computed. The median was $1,210,000, above the $915,000 median across all years.
Insurance Agencies and Brokerages acquisition loans in Georgia by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $290K | $290,000 | |
| FY2019 | 5 | $6.9M | $386,900 | |
| FY2020 | 1 | $258K | $258,000 | |
| FY2021 | 7 | $6M | $531,100 | |
| FY2022 | 4 | $5M | $1,174,250 | |
| FY2023 | 5 | $3.6M | $545,000 | |
| FY2024 | 2 | $2.8M | $1,405,000 | |
| FY2025 | 4 | $4.7M | $1,223,000 | |
| FY2026 | 1 | $880K | $880,000 |
How often do these acquisition loans fail?
Fewer than 20 Insurance Agencies and Brokerages in Georgia acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 6 | 20.0% | $3.8M | |
| 2 | Live Oak Banking Company | 4 | 13.3% | $9.3M | |
| 3 | Bankwell Bank | 3 | 10.0% | $4M | |
| 4 | First Bank of the Lake | 2 | 6.7% | $2.7M | |
| 5 | Mechanics and Farmers Bank | 2 | 6.7% | $2.1M |
Top franchise brands
No franchise brands recorded in this combination.
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Questions buyers ask
How much do SBA loans for Insurance Agencies and Brokerages acquisitions in Georgia run?
The median SBA 7(a) loan was $915,000 across 30 loans (FY2018 to FY2026), with the middle half between $388,400 and $1,254,000. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Insurance Agencies and Brokerages acquisitions in Georgia?
United Midwest Savings Bank National Association (6), Live Oak Banking Company (4), Bankwell Bank (3), First Bank of the Lake (2), Mechanics and Farmers Bank (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Insurance Agencies and Brokerages acquisition loans fail in Georgia?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Insurance Agencies and Brokerages acquisitions in Georgia?
1 of the 30 loans (3%) involved a franchise brand.
How much do you need down for an SBA loan to buy an Insurance Agencies and Brokerages business in Georgia?
The SBA requires the buyer to make an equity injection, commonly 10% of total project cost, and a lender may ask for more. The SBA file does not record injections, so the figures here are the financed portion: the median for Insurance Agencies and Brokerages acquisition loans in Georgia was $915,000, and the middle half ran $388,400 to $1,254,000.
How long does an SBA acquisition loan take?
For a change-of-ownership 7(a) loan, 45 to 90 days from application to close is typical. It varies by lender and by how quickly third-party reports, such as the business valuation and appraisal, come back. The SBA file records approval dates, not application dates, so this site cannot measure it. Lenders approved 5 Insurance Agencies and Brokerages acquisition loans in Georgia in FY2025 and FY2026.
Which banks make SBA loans for an Insurance Agencies and Brokerages business in Georgia?
By loan count, FY2018 to FY2026: United Midwest Savings Bank National Association (6), Live Oak Banking Company (4), Bankwell Bank (3), First Bank of the Lake (2), Mechanics and Farmers Bank (2). United Midwest Savings Bank National Association made 20% of Insurance Agencies and Brokerages acquisition loans in Georgia. Counts show past approvals only and do not predict whether a lender will approve a particular deal.
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Related
- All Georgia acquisitions
- Insurance Agencies and Brokerages nationally
- Insurance Agencies and Brokerages in Texas
- Insurance Agencies and Brokerages in Florida
- Insurance Agencies and Brokerages in California
- Insurance Agencies and Brokerages in New York
- Insurance Agencies and Brokerages in North Carolina
- Insurance Agencies and Brokerages in Colorado
- Insurance Agencies and Brokerages in Alabama
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Small samples move a lot: each loan in this combination is 3% of the count. Industry is the NAICS code the lender recorded. See the methodology.
Cite this data
SBA Acquisition Data, "Insurance Agencies and Brokerages in Georgia: SBA acquisition loan data", https://sbaacquisitiondata.com/state/ga/insurance-agencies-and-brokerages-524210 (data as of September 30, 2026). Source: U.S. Small Business Administration 7(a) loan file, data.sba.gov. Aggregated by SBA Acquisition Data.
The figures on this page are also published as JSON at https://sbaacquisitiondata.com/data/state/ga/insurance-agencies-and-brokerages-524210.json.