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County25th of 67 in Florida by approvalsFIPS 12015
SBA loans in Charlotte 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.
Businesses in Charlotte County, Florida, received 203 SBA loan approvals worth $141M in FY2021 to FY2025 (172 7(a), 31 504).
That is 44.1 approvals per 1,000 business establishments (4,601 establishments in 2023), close to the Florida figure of 41.6 and close to the national 41.0.
It ranks 25th of 67 Florida counties with approvals. In FY2025 there were 56, up 10% on FY2024.
69 lenders had approvals here; the most active were The Huntington National Bank (23), Florida First Capital Finance Corporation, Inc. (14) and Florida Business Development Corporation (14). The most common industry was building equipment contractors.
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 Charlotte County
By number of approvals to businesses in the county, FY2021–FY2025; 69 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 23 | $9.4M | 11.3% | |
| 2 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 14 | $16.8M | 6.9% | |
| 3 | Florida Business Development CorporationTampa, FL · CDC | 14 | $7.5M | 6.9% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 9 | $2.5M | 4.4% | |
| 5 | TD Bank, National AssociationWilmington, DE | 8 | $495K | 3.9% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 8 | $115K | 3.9% | |
| 7 | Celtic Bank CorporationSalt Lake City, UT | 7 | $1.6M | 3.4% | |
| 8 | BayFirst National BankSaint Petersburg, FL | 7 | $1.1M | 3.4% | |
| 9 | Newtek Bank, National AssociationMiami, FL | 6 | $6.9M | 3.0% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 6 | $3.5M | 3.0% | |
| 11 | Fifth Third BankCincinnati, OH | 5 | $7.4M | 2.5% | |
| 12 | First Bank of the LakeOsage Beach, MO | 5 | $6.2M | 2.5% | |
| 13 | Northeast BankLewiston, ME | 5 | $831K | 2.5% | |
| 14 | Bank of America, National AssociationCharlotte, NC | 4 | $5.1M | 2.0% | |
| 15 | University BankAnn Arbor, MI | 4 | $4.1M | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Building Equipment ContractorsNAICS 2382 | 16 | 7.9% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 12 | 5.9% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 11 | 5.4% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 11 | 5.4% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 10 | 4.9% | |
| 6 | Personal and Household Goods Repair and MaintenanceNAICS 8114 | 9 | 4.4% | |
| 7 | Child Day Care ServicesNAICS 6244 | 7 | 3.4% | |
| 8 | Home Health Care ServicesNAICS 6216 | 7 | 3.4% | |
| 9 | Business Support ServicesNAICS 5614 | 6 | 3.0% | |
| 10 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 6 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 41 | 20.2% | |
| 2 | Other Services (except Public Administration) | 29 | 14.3% | |
| 3 | Health Care and Social Assistance | 25 | 12.3% | |
| 4 | Accommodation and Food Services | 19 | 9.4% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 18 | 8.9% | |
| 6 | Retail Trade | 17 | 8.4% | |
| 7 | Professional, Scientific, and Technical Services | 15 | 7.4% | |
| 8 | Real Estate and Rental and Leasing | 8 | 3.9% |
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* | 26 | $14.1M | $275K | 4 | $2.3M | 30 | 309 |
| FY2025 | 50 | $36.3M | $333K | 6 | $4.3M | 56 | 643 |
| FY2024 | 45 | $27.7M | $234K | 6 | $4.3M | 51 | 476 |
| FY2023 | 23 | $13.7M | $350K | 4 | $10.5M | 27 | 224 |
| FY2022 | 25 | $11.5M | $473K | 8 | $5.0M | 33 | 247 |
| FY2021 | 29 | $23.4M | $500K | 7 | $4.6M | 36 | 482 |
| FY2020 | 13 | $8.4M | $675K | 3 | $483K | 16 | 169 |
| FY2019 | 28 | $15.5M | $193K | 1 | — | 29 | 292 |
| FY2018 | 31 | $19.6M | $315K | 1 | — | 32 | 303 |
| FY2017 | 33 | $13.9M | $134K | 2 | — | 35 | 226 |
| FY2016 | 25 | $31.5M | $504K | 2 | — | 27 | 293 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 139 approvals.
Against Florida and the country
| FY2021–FY2025 | Charlotte County | Florida | United States |
|---|---|---|---|
| Approvals | 203 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 44.1 | 41.6 | 41.0 |
| Median 7(a) approval | $350K | $240K | $190K |
| Median 504 approval | $472K | $624K | $657K |
| Average approval | $697K | $609K | $573K |
| 504 share of approvals | 15.3% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 10.2 | 10.4 | 10.5 |
| Share of state approvals | 0.8% | 100.0% | — |
Approval sizes
- $50,000 or less9.9%20
- $50,001 to $150,00018.2%37
- $150,001 to $350,00021.7%44
- $350,001 to $1 million27.6%56
- $1 million to $2 million14.8%30
- Over $2 million7.9%16
Age of the businesses
- Existing, more than 2 years old45.3%92
- New business, 2 years or less18.2%37
- Startup, loan funds will open the business16.3%33
- Change of ownership20.2%41
Questions and answers
Which lenders make the most SBA loans in Charlotte County?
By approvals in FY2021 to FY2025: The Huntington National Bank (23), Florida First Capital Finance Corporation, Inc. (14), Florida Business Development Corporation (14), Readycap Lending, LLC (9), TD Bank, National Association (8). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Charlotte County?
The median 7(a) approval was $350K and the median 504 approval $472K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in Charlotte County?
Building Equipment Contractors (16); Restaurants and Other Eating Places (12); Other Specialty Trade Contractors (11); Automotive Repair and Maintenance (11); Services to Buildings and Dwellings (10).
Is SBA lending in Charlotte County rising?
Approvals in the three latest complete fiscal years total 134, against 85 in the three before: rising (+58%).
How does Charlotte County compare with the rest of Florida?
44.1 approvals per 1,000 establishments against 41.6 statewide, and 203 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