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County21st of 67 in Florida by approvalsFIPS 12083
SBA loans in Marion 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 Marion County, Florida, received 293 SBA loan approvals worth $188M in FY2021 to FY2025 (258 7(a), 35 504).
That is 34.9 approvals per 1,000 business establishments (8,389 establishments in 2023), below the Florida figure of 41.6 and close to the national 41.0.
It ranks 21st of 67 Florida counties with approvals. In FY2025 there were 73, about level with FY2024.
62 lenders had approvals here; the most active were The Huntington National Bank (25), TD Bank, National Association (22) and Florida Business Development Corporation (17). 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 Marion County
By number of approvals to businesses in the county, FY2021–FY2025; 62 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 25 | $13.0M | 8.5% | |
| 2 | TD Bank, National AssociationWilmington, DE | 22 | $9.5M | 7.5% | |
| 3 | Florida Business Development CorporationTampa, FL · CDC | 17 | $19.0M | 5.8% | |
| 4 | TowneBankPortsmouth, VA | 17 | $9.4M | 5.8% | |
| 5 | Newtek Bank, National AssociationMiami, FL | 17 | $2.7M | 5.8% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 13 | $11.7M | 4.4% | |
| 7 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 13 | $11.1M | 4.4% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 12 | $2.6M | 4.1% | |
| 9 | Bank of America, National AssociationCharlotte, NC | 11 | $5.8M | 3.8% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 11 | $3.0M | 3.8% | |
| 11 | Wells Fargo Bank National AssociationSioux Falls, SD | 10 | $2.1M | 3.4% | |
| 12 | SouthState Bank, National AssociationWinter Haven, FL | 9 | $6.2M | 3.1% | |
| 13 | Northeast BankLewiston, ME | 8 | $669K | 2.7% | |
| 14 | Beacon Bank and TrustBrookline, MA | 7 | $12.8M | 2.4% | |
| 15 | First Federal BankLake City, FL | 7 | $5.7M | 2.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 25 | 8.5% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 17 | 5.8% | |
| 3 | Child Day Care ServicesNAICS 6244 | 16 | 5.5% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 11 | 3.8% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 10 | 3.4% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 9 | 3.1% | |
| 7 | Traveler AccommodationNAICS 7211 | 8 | 2.7% | |
| 8 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 8 | 2.7% | |
| 9 | Advertising, Public Relations, and Related ServicesNAICS 5418 | 7 | 2.4% | |
| 10 | Home Health Care ServicesNAICS 6216 | 7 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 48 | 16.4% | |
| 2 | Construction | 37 | 12.6% | |
| 3 | Accommodation and Food Services | 33 | 11.3% | |
| 4 | Retail Trade | 32 | 10.9% | |
| 5 | Professional, Scientific, and Technical Services | 29 | 9.9% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 24 | 8.2% | |
| 7 | Other Services (except Public Administration) | 21 | 7.2% | |
| 8 | Manufacturing | 18 | 6.1% |
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* | 34 | $28.4M | $350K | 4 | $4.6M | 38 | 484 |
| FY2025 | 63 | $28.0M | $175K | 10 | $11.6M | 73 | 725 |
| FY2024 | 68 | $39.7M | $287K | 6 | $13.7M | 74 | 859 |
| FY2023 | 52 | $17.7M | $145K | 8 | $5.0M | 60 | 493 |
| FY2022 | 39 | $30.3M | $350K | 6 | $2.5M | 45 | 436 |
| FY2021 | 36 | $37.0M | $706K | 5 | $2.1M | 41 | 705 |
| FY2020 | 19 | $9.7M | $150K | 7 | $6.3M | 26 | 300 |
| FY2019 | 25 | $19.7M | $344K | 4 | $1.2M | 29 | 281 |
| FY2018 | 36 | $18.2M | $239K | 7 | $3.4M | 43 | 319 |
| FY2017 | 43 | $24.6M | $200K | 5 | $10.4M | 48 | 666 |
| FY2016 | 33 | $12.0M | $150K | 6 | $4.0M | 39 | 449 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 185 approvals.
Against Florida and the country
| FY2021–FY2025 | Marion County | Florida | United States |
|---|---|---|---|
| Approvals | 293 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 34.9 | 41.6 | 41.0 |
| Median 7(a) approval | $295K | $240K | $190K |
| Median 504 approval | $588K | $624K | $657K |
| Average approval | $640K | $609K | $573K |
| 504 share of approvals | 11.9% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 11.0 | 10.4 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less15.0%44
- $50,001 to $150,00023.2%68
- $150,001 to $350,00015.7%46
- $350,001 to $1 million28.3%83
- $1 million to $2 million11.3%33
- Over $2 million6.5%19
Age of the businesses
- Existing, more than 2 years old52.6%154
- New business, 2 years or less17.1%50
- Startup, loan funds will open the business17.1%50
- Change of ownership13.0%38
- Not answered0.3%1
Questions and answers
Which lenders make the most SBA loans in Marion County?
By approvals in FY2021 to FY2025: The Huntington National Bank (25), TD Bank, National Association (22), Florida Business Development Corporation (17), TowneBank (17), Newtek Bank, National Association (17). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Marion County?
The median 7(a) approval was $295K and the median 504 approval $588K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in Marion County?
Restaurants and Other Eating Places (25); Services to Buildings and Dwellings (17); Child Day Care Services (16); Automotive Repair and Maintenance (11); Offices of Other Health Practitioners (10).
Is SBA lending in Marion County rising?
Approvals in the three latest complete fiscal years total 207, against 112 in the three before: rising (+85%).
How does Marion County compare with the rest of Florida?
34.9 approvals per 1,000 establishments against 41.6 statewide, and 293 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