States › Florida › Duval County
County7th of 67 in Florida by approvalsFIPS 12031
SBA loans in Duval 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 Duval County, Florida, received 1,035 SBA loan approvals worth $732M in FY2021 to FY2025 (845 7(a), 190 504).
That is 36.5 approvals per 1,000 business establishments (28,342 establishments in 2023), close to the Florida figure of 41.6 and close to the national 41.0.
It ranks 7th of 67 Florida counties with approvals. In FY2025 there were 270, up 19% on FY2024.
116 lenders had approvals here; the most active were Florida First Capital Finance Corporation, Inc. (135), TD Bank, National Association (74) and The Huntington National Bank (63). 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 Duval County
By number of approvals to businesses in the county, FY2021–FY2025; 116 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 135 | $115M | 13.0% | |
| 2 | TD Bank, National AssociationWilmington, DE | 74 | $42.1M | 7.1% | |
| 3 | The Huntington National BankColumbus, OH | 63 | $22.3M | 6.1% | |
| 4 | Florida Business Development CorporationTampa, FL · CDC | 48 | $43.3M | 4.6% | |
| 5 | Newtek Bank, National AssociationMiami, FL | 40 | $14.7M | 3.9% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 37 | $17.2M | 3.6% | |
| 7 | BayFirst National BankSaint Petersburg, FL | 32 | $8.2M | 3.1% | |
| 8 | United Midwest Savings Bank National AssociationDe Graff, OH | 31 | $12.7M | 3.0% | |
| 9 | Bank of America, National AssociationCharlotte, NC | 29 | $12.7M | 2.8% | |
| 10 | Northeast BankLewiston, ME | 29 | $3.8M | 2.8% | |
| 11 | Live Oak Banking CompanyWilmington, NC | 27 | $33.0M | 2.6% | |
| 12 | Readycap Lending, LLCBerkeley Heights, NJ | 25 | $8.3M | 2.4% | |
| 13 | SouthState Bank, National AssociationWinter Haven, FL | 21 | $14.1M | 2.0% | |
| 14 | Pinnacle BankNashville, TN | 20 | $29.6M | 1.9% | |
| 15 | Celtic Bank CorporationSalt Lake City, UT | 18 | $11.5M | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 110 | 10.6% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 46 | 4.4% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 38 | 3.7% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 37 | 3.6% | |
| 5 | Personal Care ServicesNAICS 8121 | 35 | 3.4% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 34 | 3.3% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 31 | 3.0% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 28 | 2.7% | |
| 9 | Residential Building ConstructionNAICS 2361 | 26 | 2.5% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 24 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 157 | 15.2% | |
| 2 | Accommodation and Food Services | 134 | 12.9% | |
| 3 | Retail Trade | 117 | 11.3% | |
| 4 | Health Care and Social Assistance | 106 | 10.2% | |
| 5 | Other Services (except Public Administration) | 99 | 9.6% | |
| 6 | Professional, Scientific, and Technical Services | 94 | 9.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 67 | 6.5% | |
| 8 | Transportation and Warehousing | 56 | 5.4% |
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* | 99 | $62.7M | $250K | 13 | $19.0M | 112 | 1,130 |
| FY2025 | 231 | $139M | $273K | 39 | $38.1M | 270 | 2,742 |
| FY2024 | 200 | $123M | $250K | 26 | $22.9M | 226 | 2,377 |
| FY2023 | 154 | $92.7M | $299K | 34 | $39.1M | 188 | 2,182 |
| FY2022 | 129 | $87.3M | $368K | 49 | $38.8M | 178 | 2,478 |
| FY2021 | 131 | $123M | $482K | 42 | $28.4M | 173 | 2,234 |
| FY2020 | 92 | $55.4M | $356K | 24 | $22.3M | 116 | 1,375 |
| FY2019 | 122 | $85.7M | $350K | 15 | $10.1M | 137 | 1,605 |
| FY2018 | 153 | $85.9M | $270K | 23 | $21.7M | 176 | 1,811 |
| FY2017 | 156 | $70.8M | $162K | 32 | $18.6M | 188 | 2,118 |
| FY2016 | 168 | $79.5M | $150K | 31 | $23.7M | 199 | 2,174 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 816 approvals.
Against Florida and the country
| FY2021–FY2025 | Duval County | Florida | United States |
|---|---|---|---|
| Approvals | 1,035 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 36.5 | 41.6 | 41.0 |
| Median 7(a) approval | $305K | $240K | $190K |
| Median 504 approval | $518K | $624K | $657K |
| Average approval | $707K | $609K | $573K |
| 504 share of approvals | 18.4% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 11.6 | 10.4 | 10.5 |
| Share of state approvals | 3.9% | 100.0% | — |
Approval sizes
- $50,000 or less12.4%128
- $50,001 to $150,00016.9%175
- $150,001 to $350,00022.6%234
- $350,001 to $1 million28.2%292
- $1 million to $2 million11.0%114
- Over $2 million8.9%92
Age of the businesses
- Existing, more than 2 years old53.1%550
- New business, 2 years or less14.3%148
- Startup, loan funds will open the business21.4%221
- Change of ownership11.2%116
Questions and answers
Which lenders make the most SBA loans in Duval County?
By approvals in FY2021 to FY2025: Florida First Capital Finance Corporation, Inc. (135), TD Bank, National Association (74), The Huntington National Bank (63), Florida Business Development Corporation (48), Newtek Bank, National Association (40). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Duval County?
The median 7(a) approval was $305K and the median 504 approval $518K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in Duval County?
Restaurants and Other Eating Places (110); Offices of Other Health Practitioners (46); Building Equipment Contractors (38); Services to Buildings and Dwellings (37); Personal Care Services (35).
Is SBA lending in Duval County rising?
Approvals in the three latest complete fiscal years total 684, against 467 in the three before: rising (+46%).
How does Duval County compare with the rest of Florida?
36.5 approvals per 1,000 establishments against 41.6 statewide, and 1,035 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