background check

I have a quick question and I'm hoping someone can help me out. I'm looking to get my license to sell insurance. I do have a couple opportunities which I would love to take advantage of but I don't know if I will get denied when I go to take my test. I have no felonies on my record however I do have a charge that I'm really worried about. Back almost 20 years ago I was charged and arrested for misdemenor embezzlement. I stole from the company I worked for, it was less than $200. I paid the fine and did the year probation. I figured I was 19 and getting no jail time that it was a good deal they gave me. I had no idea that almost 20 years later I'd be dealing and worrying about a mistake I made right out of high school. I know I was wrong, trust me I think about it everyday, I'm not Bernie Madoff, I was a kid who made a stupid mistake.

In your opinions, will the ammount of time that it's been and the fact that it was a misdemenor help? I would really appreciate any and all responses.

Thanks