States › Florida › Alachua County
County27th of 67 in Florida by approvalsFIPS 12001
SBA loans in Alachua County, Florida
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 193 loans to businesses in Alachua County, Florida, in FY2021 to FY2025, worth $140M: 155 under 7(a) and 38 under 504.
That is 28.7 approvals per 1,000 business establishments (6,721 establishments in 2023), below the Florida figure of 41.6 and below the national 41.0.
It ranks 27th of 67 Florida counties with approvals. In FY2025 there were 45, down 8% on FY2024.
57 lenders had approvals here; the most active were Florida First Capital Finance Corporation, Inc. (27), TD Bank, National Association (15) and Northeast Bank (11). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Alachua County
By number of approvals to businesses in the county, FY2021–FY2025; 57 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 27 | $27.6M | 14.0% | |
| 2 | TD Bank, National AssociationWilmington, DE | 15 | $4.3M | 7.8% | |
| 3 | Northeast BankLewiston, ME | 11 | $869K | 5.7% | |
| 4 | Renasant BankTupelo, MS | 10 | $7.2M | 5.2% | |
| 5 | First Federal BankLake City, FL | 9 | $7.2M | 4.7% | |
| 6 | The Huntington National BankColumbus, OH | 9 | $5.0M | 4.7% | |
| 7 | SouthState Bank, National AssociationWinter Haven, FL | 8 | $8.5M | 4.1% | |
| 8 | Florida Business Development CorporationTampa, FL · CDC | 8 | $5.0M | 4.1% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 6 | $8.4M | 3.1% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 6 | $2.2M | 3.1% | |
| 11 | BayFirst National BankSaint Petersburg, FL | 5 | $607K | 2.6% | |
| 12 | Wells Fargo Bank National AssociationSioux Falls, SD | 5 | $602K | 2.6% | |
| 13 | Byline BankChicago, IL | 4 | $4.7M | 2.1% | |
| 14 | Bank of America, National AssociationCharlotte, NC | 4 | $2.7M | 2.1% | |
| 15 | Colony BankFitzgerald, GA | 4 | $1.4M | 2.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 25 | 13.0% | |
| 2 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 8 | 4.1% | |
| 3 | Traveler AccommodationNAICS 7211 | 7 | 3.6% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 3.6% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 6 | 3.1% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 6 | 3.1% | |
| 7 | Health and Personal Care RetailersNAICS 4561 | 5 | 2.6% | |
| 8 | Specialty Food StoresNAICS 4452 | 5 | 2.6% | |
| 9 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 4 | 2.1% | |
| 10 | Child Day Care ServicesNAICS 6244 | 4 | 2.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 35 | 18.1% | |
| 2 | Retail Trade | 32 | 16.6% | |
| 3 | Professional, Scientific, and Technical Services | 26 | 13.5% | |
| 4 | Health Care and Social Assistance | 21 | 10.9% | |
| 5 | Other Services (except Public Administration) | 15 | 7.8% | |
| 6 | Construction | 12 | 6.2% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 12 | 6.2% | |
| 8 | Manufacturing | 10 | 5.2% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 21 | $18.8M | $254K | 2 | — | 23 | 283 |
| FY2025 | 40 | $25.2M | $428K | 5 | $3.5M | 45 | 467 |
| FY2024 | 46 | $28.8M | $244K | 3 | $1.2M | 49 | 854 |
| FY2023 | 26 | $16.8M | $368K | 10 | $11.7M | 36 | 295 |
| FY2022 | 13 | $7.7M | $588K | 11 | $9.0M | 24 | 231 |
| FY2021 | 30 | $23.4M | $456K | 9 | $12.3M | 39 | 451 |
| FY2020 | 17 | $16.3M | $585K | 8 | $5.1M | 25 | 397 |
| FY2019 | 21 | $14.4M | $412K | 4 | $2.7M | 25 | 272 |
| FY2018 | 29 | $6.3M | $125K | 5 | $1.8M | 34 | 297 |
| FY2017 | 25 | $7.9M | $75K | 8 | $3.2M | 33 | 265 |
| FY2016 | 28 | $4.3M | $75K | 1 | — | 29 | 243 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 146 approvals.
Against Florida and the country
| FY2021–FY2025 | Alachua County | Florida | United States |
|---|---|---|---|
| Approvals | 193 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 28.7 | 41.6 | 41.0 |
| Median 7(a) approval | $400K | $240K | $190K |
| Median 504 approval | $591K | $624K | $657K |
| Average approval | $724K | $609K | $573K |
| 504 share of approvals | 19.7% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 11.9 | 10.4 | 10.5 |
| Share of state approvals | 0.7% | 100.0% | — |
Approval sizes
- $50,000 or less14.5%28
- $50,001 to $150,00011.9%23
- $150,001 to $350,00019.7%38
- $350,001 to $1 million30.6%59
- $1 million to $2 million15.5%30
- Over $2 million7.8%15
Age of the businesses
- Existing, more than 2 years old50.8%98
- New business, 2 years or less16.1%31
- Startup, loan funds will open the business20.2%39
- Change of ownership12.4%24
- Not answered0.5%1
Questions and answers
Which lenders make the most SBA loans in Alachua County?
By approvals in FY2021 to FY2025: Florida First Capital Finance Corporation, Inc. (27), TD Bank, National Association (15), Northeast Bank (11), Renasant Bank (10), First Federal Bank (9). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Alachua County?
The median 7(a) approval was $400K and the median 504 approval $591K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in Alachua County?
Restaurants and Other Eating Places (25); Accounting, Tax Preparation, Bookkeeping, and Payroll Services (8); Traveler Accommodation (7); Other Amusement and Recreation Industries (7); Offices of Other Health Practitioners (6).
Is SBA lending in Alachua County rising?
Approvals in the three latest complete fiscal years total 130, against 88 in the three before: rising (+48%).
How does Alachua County compare with the rest of Florida?
28.7 approvals per 1,000 establishments against 41.6 statewide, and 193 of the state's 26,882 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error