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County10th of 67 in Florida by approvalsFIPS 12117
SBA loans in Seminole 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 Seminole County, Florida, received 608 SBA loan approvals worth $362M in FY2021 to FY2025 (512 7(a), 96 504).
That is 40.8 approvals per 1,000 business establishments (14,897 establishments in 2023), close to the Florida figure of 41.6 and close to the national 41.0.
It ranks 10th of 67 Florida counties with approvals. In FY2025 there were 161, up 13% on FY2024.
92 lenders had approvals here; the most active were Florida Business Development Corporation (52), TD Bank, National Association (39) and Florida First Capital Finance Corporation, Inc. (37). 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 Seminole County
By number of approvals to businesses in the county, FY2021–FY2025; 92 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida Business Development CorporationTampa, FL · CDC | 52 | $38.5M | 8.6% | |
| 2 | TD Bank, National AssociationWilmington, DE | 39 | $8.1M | 6.4% | |
| 3 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 37 | $35.7M | 6.1% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 36 | $13.6M | 5.9% | |
| 5 | The Huntington National BankColumbus, OH | 34 | $14.3M | 5.6% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 28 | $8.9M | 4.6% | |
| 7 | Wells Fargo Bank National AssociationSioux Falls, SD | 22 | $7.1M | 3.6% | |
| 8 | JPMorgan Chase Bank, National AssociationColumbus, OH | 22 | $4.4M | 3.6% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 22 | $3.3M | 3.6% | |
| 10 | Bank of America, National AssociationCharlotte, NC | 17 | $7.4M | 2.8% | |
| 11 | SouthState Bank, National AssociationWinter Haven, FL | 16 | $11.6M | 2.6% | |
| 12 | Northeast BankLewiston, ME | 16 | $2.4M | 2.6% | |
| 13 | Live Oak Banking CompanyWilmington, NC | 15 | $17.1M | 2.5% | |
| 14 | Newtek Small Business Finance, Inc.Lake Success, NY | 15 | $9.1M | 2.5% | |
| 15 | United Midwest Savings Bank National AssociationDe Graff, OH | 13 | $3.6M | 2.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 43 | 7.1% | |
| 2 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 25 | 4.1% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 24 | 3.9% | |
| 4 | Personal Care ServicesNAICS 8121 | 24 | 3.9% | |
| 5 | Building Finishing ContractorsNAICS 2383 | 23 | 3.8% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 22 | 3.6% | |
| 7 | Services to Buildings and DwellingsNAICS 5617 | 22 | 3.6% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 20 | 3.3% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 20 | 3.3% | |
| 10 | Child Day Care ServicesNAICS 6244 | 19 | 3.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 115 | 18.9% | |
| 2 | Health Care and Social Assistance | 83 | 13.7% | |
| 3 | Other Services (except Public Administration) | 69 | 11.3% | |
| 4 | Professional, Scientific, and Technical Services | 63 | 10.4% | |
| 5 | Retail Trade | 53 | 8.7% | |
| 6 | Accommodation and Food Services | 49 | 8.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 41 | 6.7% | |
| 8 | Manufacturing | 35 | 5.8% |
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* | 69 | $46.2M | $345K | 15 | $10.7M | 84 | 750 |
| FY2025 | 136 | $81.8M | $350K | 25 | $22.1M | 161 | 1,585 |
| FY2024 | 130 | $54.2M | $150K | 13 | $8.5M | 143 | 1,711 |
| FY2023 | 101 | $49.2M | $165K | 19 | $21.3M | 120 | 1,777 |
| FY2022 | 73 | $48.0M | $250K | 19 | $17.5M | 92 | 975 |
| FY2021 | 72 | $50.6M | $406K | 20 | $8.8M | 92 | 1,071 |
| FY2020 | 55 | $30.3M | $260K | 17 | $12.1M | 72 | 602 |
| FY2019 | 96 | $49.3M | $247K | 21 | $14.1M | 117 | 1,400 |
| FY2018 | 86 | $48.6M | $275K | 11 | $9.8M | 97 | 1,265 |
| FY2017 | 90 | $44.6M | $253K | 12 | $6.9M | 102 | 925 |
| FY2016 | 82 | $42.3M | $150K | 5 | $2.4M | 87 | 1,107 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 475 approvals.
Against Florida and the country
| FY2021–FY2025 | Seminole County | Florida | United States |
|---|---|---|---|
| Approvals | 608 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 40.8 | 41.6 | 41.0 |
| Median 7(a) approval | $251K | $240K | $190K |
| Median 504 approval | $546K | $624K | $657K |
| Average approval | $595K | $609K | $573K |
| 504 share of approvals | 15.8% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 11.7 | 10.4 | 10.5 |
| Share of state approvals | 2.3% | 100.0% | — |
Approval sizes
- $50,000 or less14.1%86
- $50,001 to $150,00019.6%119
- $150,001 to $350,00019.2%117
- $350,001 to $1 million29.9%182
- $1 million to $2 million11.7%71
- Over $2 million5.4%33
Age of the businesses
- Existing, more than 2 years old59.4%361
- New business, 2 years or less13.3%81
- Startup, loan funds will open the business17.4%106
- Change of ownership9.5%58
- Not answered0.3%2
Questions and answers
Which lenders make the most SBA loans in Seminole County?
By approvals in FY2021 to FY2025: Florida Business Development Corporation (52), TD Bank, National Association (39), Florida First Capital Finance Corporation, Inc. (37), Newtek Bank, National Association (36), The Huntington National Bank (34). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Seminole County?
The median 7(a) approval was $251K and the median 504 approval $546K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in Seminole County?
Restaurants and Other Eating Places (43); Foundation, Structure, and Building Exterior Contractors (25); Building Equipment Contractors (24); Personal Care Services (24); Building Finishing Contractors (23).
Is SBA lending in Seminole County rising?
Approvals in the three latest complete fiscal years total 424, against 256 in the three before: rising (+66%).
How does Seminole County compare with the rest of Florida?
40.8 approvals per 1,000 establishments against 41.6 statewide, and 608 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