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County29th of 67 in Florida by approvalsFIPS 12019
SBA loans in Clay 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 180 loans to businesses in Clay County, Florida, in FY2021 to FY2025, worth $113M: 154 under 7(a) and 26 under 504.
That is 40.4 approvals per 1,000 business establishments (4,455 establishments in 2023), close to the Florida figure of 41.6 and close to the national 41.0.
It ranks 29th of 67 Florida counties with approvals. In FY2025 there were 32, down 18% on FY2024.
58 lenders had approvals here; the most active were Florida First Capital Finance Corporation, Inc. (21), TD Bank, National Association (12) and The Huntington National Bank (10). 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 Clay County
By number of approvals to businesses in the county, FY2021–FY2025; 58 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 21 | $17.2M | 11.7% | |
| 2 | TD Bank, National AssociationWilmington, DE | 12 | $2.8M | 6.7% | |
| 3 | The Huntington National BankColumbus, OH | 10 | $6.0M | 5.6% | |
| 4 | Northeast BankLewiston, ME | 8 | $1.0M | 4.4% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 7 | $627K | 3.9% | |
| 6 | Colony BankFitzgerald, GA | 6 | $6.6M | 3.3% | |
| 7 | SouthState Bank, National AssociationWinter Haven, FL | 6 | $3.6M | 3.3% | |
| 8 | PNC Bank, National AssociationWilmington, DE | 6 | $1.8M | 3.3% | |
| 9 | Newtek Bank, National AssociationMiami, FL | 6 | $1.3M | 3.3% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 5 | $6.5M | 2.8% | |
| 11 | Florida Business Development CorporationTampa, FL · CDC | 5 | $3.6M | 2.8% | |
| 12 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $2.4M | 2.8% | |
| 13 | BayFirst National BankSaint Petersburg, FL | 5 | $701K | 2.8% | |
| 14 | Cogent BankOrlando, FL | 4 | $6.1M | 2.2% | |
| 15 | TowneBankPortsmouth, VA | 4 | $3.0M | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 18 | 10.0% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 11 | 6.1% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 10 | 5.6% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 10 | 5.6% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 8 | 4.4% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 7 | 3.9% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 6 | 3.3% | |
| 8 | Other Schools and InstructionNAICS 6116 | 6 | 3.3% | |
| 9 | Building Equipment ContractorsNAICS 2382 | 6 | 3.3% | |
| 10 | Other Personal ServicesNAICS 8129 | 6 | 3.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 25 | 13.9% | |
| 2 | Construction | 24 | 13.3% | |
| 3 | Accommodation and Food Services | 21 | 11.7% | |
| 4 | Other Services (except Public Administration) | 21 | 11.7% | |
| 5 | Health Care and Social Assistance | 19 | 10.6% | |
| 6 | Professional, Scientific, and Technical Services | 17 | 9.4% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 15 | 8.3% | |
| 8 | Arts, Entertainment, and Recreation | 10 | 5.6% |
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 | $12.5M | $422K | 2 | — | 23 | 655 |
| FY2025 | 29 | $14.3M | $205K | 3 | $1.5M | 32 | 394 |
| FY2024 | 33 | $13.9M | $250K | 6 | $4.8M | 39 | 301 |
| FY2023 | 35 | $23.7M | $337K | 2 | — | 37 | 424 |
| FY2022 | 28 | $18.7M | $331K | 9 | $9.2M | 37 | 384 |
| FY2021 | 29 | $21.7M | $530K | 6 | $4.4M | 35 | 483 |
| FY2020 | 17 | $3.0M | $124K | 8 | $4.9M | 25 | 192 |
| FY2019 | 19 | $12.2M | $246K | 5 | $2.2M | 24 | 247 |
| FY2018 | 12 | $7.9M | $343K | 4 | $3.2M | 16 | 172 |
| FY2017 | 37 | $16.6M | $175K | 2 | — | 39 | 543 |
| FY2016 | 32 | $17.9M | $127K | 5 | $9.4M | 37 | 426 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 141 approvals.
Against Florida and the country
| FY2021–FY2025 | Clay County | Florida | United States |
|---|---|---|---|
| Approvals | 180 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 40.4 | 41.6 | 41.0 |
| Median 7(a) approval | $280K | $240K | $190K |
| Median 504 approval | $492K | $624K | $657K |
| Average approval | $629K | $609K | $573K |
| 504 share of approvals | 14.4% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 11.0 | 10.4 | 10.5 |
| Share of state approvals | 0.7% | 100.0% | — |
Approval sizes
- $50,000 or less11.7%21
- $50,001 to $150,00018.9%34
- $150,001 to $350,00028.9%52
- $350,001 to $1 million20.6%37
- $1 million to $2 million15.0%27
- Over $2 million5.0%9
Age of the businesses
- Existing, more than 2 years old50.0%90
- New business, 2 years or less14.4%26
- Startup, loan funds will open the business22.2%40
- Change of ownership13.3%24
Questions and answers
Which lenders make the most SBA loans in Clay County?
By approvals in FY2021 to FY2025: Florida First Capital Finance Corporation, Inc. (21), TD Bank, National Association (12), The Huntington National Bank (10), Northeast Bank (8), Wells Fargo Bank National Association (7). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Clay County?
The median 7(a) approval was $280K and the median 504 approval $492K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in Clay County?
Restaurants and Other Eating Places (18); Services to Buildings and Dwellings (11); Other Amusement and Recreation Industries (10); Automotive Repair and Maintenance (10); Offices of Other Health Practitioners (8).
Is SBA lending in Clay County rising?
Approvals in the three latest complete fiscal years total 108, against 97 in the three before: rising (+11%).
How does Clay County compare with the rest of Florida?
40.4 approvals per 1,000 establishments against 41.6 statewide, and 180 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