SBA lending record
Nicholas DeVito Agency, Inc.
449 ROUTE 25A, Mount Sinai, NY 11766 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.6M
Total SBA financing
2
Loans on record
FY2020
On record
20
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$2,430,000 — FY2020
Loan 1 of 2- Gross approval
- $2,430,000
- SBA guaranteed
- $1,822,500 (75%)
- Status
- Paid in full
- Rate at approval
- 6.75% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/19/2020
- First disbursement
- 3/2/2020
- Days to fund
- 12 days
- Paid in full
- 9/30/2023
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
- NAICS code
- 524210
- Lender
- Live Oak Banking Company
- Address
- 449 ROUTE 25A
- City
- Mount Sinai, 11766
- County
- Suffolk
- SBA district office
- MELVILLE BRANCH OFFICE
- Congressional district
- 1
$175,000 — FY2020
Loan 2 of 2- Gross approval
- $175,000
- SBA guaranteed
- $87,500 (50%)
- Status
- Paid in full
- Rate at approval
- 6.75% f
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/24/2020
- First disbursement
- 3/2/2020
- Days to fund
- 7 days
- Paid in full
- 6/30/2023
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
- NAICS code
- 524210
- Lender
- Live Oak Banking Company
- Address
- 449 ROUTE 25A
- City
- Mount Sinai, 11766
- County
- Suffolk
- SBA district office
- MELVILLE BRANCH OFFICE
- Congressional district
- 1
The lender
Live Oak Banking Company
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding insurance agencies and brokerages — by location, industry.
Similar businesses
Comparable insurance agencies and brokerages in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
VRP INSURANCE AGENCY
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- $2.8M
- SBA financing
- ≈ $5.5M–$9.1M
- Est. revenue (rough)
MY Compass Group Inc
Bohemia, NY· ~12 mi
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- $2.7M
- SBA financing
- ≈ $5.3M–$8.9M
- Est. revenue (rough)
ALEX CABRERA AGENCY INC.
Islip Terrace, NY· ~14 mi
ALLSTATE HOME INSPECTION AND ENVIRONMENTAL TE
- $1.5M
- SBA financing
- ≈ $3.0M–$5.0M
- Est. revenue (rough)
57 North Country LLC
East Setauket, NY· ~5 mi
Insurance Agencies and Brokerages
- $900K
- SBA financing
- ≈ $1.8M–$2.9M
- Est. revenue (rough)
The Garone Group Inc.
Patchogue, NY· ~11 mi
Insurance Agencies and Brokerages
- $1.0M
- SBA financing
- ≈ $2.0M–$3.4M
- Est. revenue (rough)
Twin Forks Insurane Agency Inc
Bellport, NY· ~13 mi
Insurance Agencies and Brokerages
- $1.3M
- SBA financing
- ≈ $2.6M–$4.3M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Nicholas DeVito Agency, Inc. in Mount Sinai, NY (Insurance Agencies and Brokerages). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 2 SBA 7(a) loans totaling $2.6M
- On record FY2020
- 20 jobs supported
- Industry: Insurance Agencies and Brokerages
- Location: Mount Sinai, NY
- Lender: Live Oak Banking Company
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Insurance Agencies and Brokerages businesses in NY for ~$1.3M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-19.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Nicholas DeVito Agency, Inc..