SBA Loans for Insurance Agencies and Brokerages in Delaware: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Delaware. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Delaware
Median Loan Size
$216,750
per approval
Recent Activity
0
last 90 days through Nov 2023
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $216,750.
Key trends & insights
- Insurance Agencies and Brokerages in Delaware lending is concentrated — Readycap Lending, LLC, Live OAK Banking Company, Manufacturers AND Traders Trust Company together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Readycap Lending, LLC leads this industry with 1 approvals (25% market share) and a median loan of $58,500.
- Insurance Agencies and Brokerages in Delaware loans skew smaller than the SBA average at $216,750 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2023-11-05 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Insurance Agencies and Brokerages in Delaware
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $58,500 | |
| 2 | 1 | $375,000 | |
| 3 | 1 | $10,000 | |
| 4 | 1 | $3,870,000 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Delaware
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Northeast Bank | DEW*****NC. | Wilmington, DE | $150,000 |
| 2025-01 | Readycap Lending, LLC | NAN*****LLC | GREENVILLE, DE | $50,000 |
| 2024-10 | Manufacturers and Traders Trust Company | KEI*****LLC | CLAYTON, DE | $15,000 |
| 2024-07 | Cadence Bank | LAU*****TES | NEWARK, DE | $160,000 |
| 2023-12 | Byline Bank | THE*****INC | WILMINGTON, DE | $495,000 |
| 2023-12 | Byline Bank | THE*****INC | WILMINGTON, DE | $50,000 |
| 2023-11 | Pathward National Association | A t*****LLC | DOVER, DE | $3,870,000 |
| 2022-11 | Connecticut Community Bank, National Association | ONE*****LLC | SEAFORD, DE | $175,000 |
| 2022-04 | Readycap Lending, LLC | Tol*****ncy | Dover, DE | $58,500 |
| 2022-03 | Manufacturers and Traders Trust Company | ONE*****LLC | SEAFORD, DE | $10,000 |
| 2021-09 | Grow America Fund, Incorporated | Cen*****LLC | Georgetown, DE | $800,000 |
| 2020-10 | Manufacturers and Traders Trust Company | AME*****LLC | Wilmington, DE | $30,000 |
| 2020-08 | Live Oak Banking Company | Wys*****nc. | LEWES, DE | $375,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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