Health and Benefits Partners Llc

2006 Dekalb Pike, Norristown, PA 19401 · Insurance Agencies and Brokerages (NAICS 524210)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$2.5M

Jobs Supported

39

Years Active

2017–2025

Loan History (4)

Source: SBA FOIA
7(a)$947,900
Exempt
Approved
Oct 9, 2024 (FY2025)
SBA Guaranteed
$710,925 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.75%
Revolver
0
Jobs Supported
13
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Insurance Agencies and Brokerages (NAICS 524210)

Lender

Mid Penn Bank

349, Union St, Millersburg, PA 17061

Project Location

Montgomery County, PA

7(a)$520,000
Exempt
Approved
Dec 14, 2021 (FY2022)
SBA Guaranteed
$390,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
13
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Insurance Agencies and Brokerages (NAICS 524210)

Lender

Mid Penn Bank

349, Union St, Millersburg, PA 17061

Project Location

Montgomery County, PA

7(a)$450,000
Exempt
Approved
Sep 17, 2021 (FY2021)
SBA Guaranteed
$405,000 (90%)
Term
120 months (10.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
13
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Insurance Agencies and Brokerages (NAICS 524210)

Lender

Mid Penn Bank

349, Union St, Millersburg, PA 17061

Project Location

Montgomery County, PA

7(a)$572,000
Paid in Full
Approved
Oct 31, 2016 (FY2017)
SBA Guaranteed
$429,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.50%
Revolver
0
Business Type
Corporation
Industry
Investment Advice (NAICS 523930)
Paid in Full
Sep 30, 2020

Lender

Live Oak Banking Company

1741 Tiburon Dr, Wilmington, NC 28403

Project Location

Montgomery County, PA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
524210 Insurance Agencies and Brokerages
Address
2006 Dekalb Pike
Norristown, PA 19401

Lenders

Mid Penn Bank
349, Union St, Millersburg, PA 17061
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403

Other SBA Borrowers in Norristown

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