SBA 7(a) loans in Florida
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
13,775loans approved
$245,000median loan
$97K–$528Kmiddle half of loans
$7.6Btotal approved
11%median initial rate
10 yrsmedian term
The median Florida loan is 40% larger than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 493 | $400,000 |
| Limited-Service Restaurants (722513) | 382 | $434,000 |
| All Other Specialty Trade Contractors (238990) | 307 | $290,000 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 293 | $250,000 |
| Fitness and Recreational Sports Centers (713940) | 281 | $423,000 |
| Residential Remodelers (236118) | 271 | $150,000 |
| Insurance Agencies and Brokerages (524210) | 232 | $150,000 |
| Landscaping Services (561730) | 219 | $223,000 |
| Snack and Nonalcoholic Beverage Bars (722515) | 211 | $432,500 |
| Other Personal Care Services (812199) | 209 | $315,000 |
Most active lenders in Florida
| Lender | Loans | Median | Total |
|---|---|---|---|
| TD Bank, National Association | 1,531 | $60,000 | $246.3M |
| Newtek Bank, National Association | 1,168 | $175,000 | $411.8M |
| Readycap Lending, LLC | 935 | $50,000 | $264.7M |
| The Huntington National Bank | 879 | $263,000 | $387.4M |
| JPMorgan Chase Bank, National Association | 600 | $200,000 | $131.1M |
| Northeast Bank | 598 | $123,750 | $92.9M |
| Live Oak Banking Company | 554 | $500,000 | $660.9M |
| Bayfirst National Bank | 526 | $150,000 | $100.9M |
| Wells Fargo Bank National Association | 486 | $15,000 | $94.7M |
| Bank of America, National Association | 425 | $400,000 | $228.4M |
SBA 504 loans in Florida
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
1,816504 loans approved
$708,000median CDC portion
$2.0Btotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Florida
| Lender | Loans | Median | Total |
|---|---|---|---|
| Florida First Capital Finance Corporation, INC. | 868 | $755,500 | $1.0B |
| Florida Business Development Corporation | 841 | $635,000 | $846.4M |
| Sunshine State Economic Development Corporation | 93 | $727,000 | $97.0M |
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What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.