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FRANCHISE BRAND· Insurance Agencies and Brokerages

SBA loans for State Farm Insurance

132 SBA loans have financed State Farm Insurance locations since 2005, written by 83 different lenders across 35 states. Half were approved for $156K or less, the mix is a mix of 7(a) and 504, and 11% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
132
1 in last 5 yrs
Median approval
$156K
90th pct $422K
Total approved
$28.4M
all years
To new owners
11%
15 loans
Lenders
83
35 states

The lenders that fund State Farm Insurance

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Dallas, TX
State Farm Insurance loans
1
In last 5 yrs
1
Typical loan
$459K
To new owners
0%
Last approval
Jun 2023
2
Tampa, FL
State Farm Insurance loans
8
In last 5 yrs
0
Typical loan
$206K
To new owners
0%
Last approval
Jul 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Salt Lake City, UT
State Farm Insurance loans
5
In last 5 yrs
0
Typical loan
$93K
To new owners
0%
Last approval
Nov 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Sioux Falls, SD
State Farm Insurance loans
4
In last 5 yrs
0
Typical loan
$542K
To new owners
50%
Last approval
Dec 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
Providence, RI
State Farm Insurance loans
4
In last 5 yrs
0
Typical loan
$73K
To new owners
0%
Last approval
Dec 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Fairfax, VA
State Farm Insurance loans
4
In last 5 yrs
0
Typical loan
$250K
To new owners
0%
Last approval
Mar 2013
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
7
Pine Bluff, AR
State Farm Insurance loans
3
In last 5 yrs
0
Typical loan
$142K
To new owners
67%
Last approval
Dec 2017
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
8
Brookline, MA
State Farm Insurance loans
3
In last 5 yrs
0
Typical loan
$338K
To new owners
0%
Last approval
Sep 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
9
South Bend, IN
State Farm Insurance loans
3
In last 5 yrs
0
Typical loan
$38K
To new owners
0%
Last approval
Aug 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
10
Columbus, OH
State Farm Insurance loans
3
In last 5 yrs
0
Typical loan
$108K
To new owners
33%
Last approval
Apr 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
11
St. Cloud, MN
State Farm Insurance loans
3
In last 5 yrs
0
Typical loan
$264K
To new owners
0%
Last approval
Nov 2015
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
12
Tallahassee, FL
State Farm Insurance loans
3
In last 5 yrs
0
Typical loan
$277K
To new owners
0%
Last approval
May 2015
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.