States › Florida › St. Johns County
County16th of 67 in Florida by approvalsFIPS 12109
SBA loans in St. Johns 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 St. Johns County, Florida, received 464 SBA loan approvals worth $299M in FY2021 to FY2025 (371 7(a), 93 504).
That is 53.7 approvals per 1,000 business establishments (8,633 establishments in 2023), above the Florida figure of 41.6 and above the national 41.0.
It ranks 16th of 67 Florida counties with approvals. In FY2025 there were 132, up 29% on FY2024.
85 lenders had approvals here; the most active were Florida First Capital Finance Corporation, Inc. (74), The Huntington National Bank (37) and Wells Fargo Bank National Association (26). 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 St. Johns County
By number of approvals to businesses in the county, FY2021–FY2025; 85 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 74 | $61.0M | 15.9% | |
| 2 | The Huntington National BankColumbus, OH | 37 | $14.5M | 8.0% | |
| 3 | Wells Fargo Bank National AssociationSioux Falls, SD | 26 | $5.1M | 5.6% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 22 | $14.3M | 4.7% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 21 | $6.5M | 4.5% | |
| 6 | TD Bank, National AssociationWilmington, DE | 21 | $2.7M | 4.5% | |
| 7 | United Midwest Savings Bank National AssociationDe Graff, OH | 19 | $3.3M | 4.1% | |
| 8 | Florida Business Development CorporationTampa, FL · CDC | 17 | $21.2M | 3.7% | |
| 9 | Northeast BankLewiston, ME | 14 | $3.0M | 3.0% | |
| 10 | SouthState Bank, National AssociationWinter Haven, FL | 11 | $5.5M | 2.4% | |
| 11 | Bank of America, National AssociationCharlotte, NC | 11 | $5.2M | 2.4% | |
| 12 | PNC Bank, National AssociationWilmington, DE | 10 | $4.3M | 2.2% | |
| 13 | Live Oak Banking CompanyWilmington, NC | 9 | $22.6M | 1.9% | |
| 14 | United Community BankGreenville, SC | 8 | $6.2M | 1.7% | |
| 15 | Newtek Small Business Finance, Inc.Lake Success, NY | 8 | $3.2M | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 64 | 13.8% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 24 | 5.2% | |
| 3 | Personal Care ServicesNAICS 8121 | 23 | 5.0% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 22 | 4.7% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 20 | 4.3% | |
| 6 | Traveler AccommodationNAICS 7211 | 15 | 3.2% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 15 | 3.2% | |
| 8 | Other Schools and InstructionNAICS 6116 | 15 | 3.2% | |
| 9 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 12 | 2.6% | |
| 10 | Offices of PhysiciansNAICS 6211 | 10 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 80 | 17.2% | |
| 2 | Professional, Scientific, and Technical Services | 55 | 11.9% | |
| 3 | Health Care and Social Assistance | 52 | 11.2% | |
| 4 | Other Services (except Public Administration) | 47 | 10.1% | |
| 5 | Retail Trade | 42 | 9.1% | |
| 6 | Construction | 39 | 8.4% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 33 | 7.1% | |
| 8 | Arts, Entertainment, and Recreation | 25 | 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* | 60 | $38.4M | $320K | 5 | $8.8M | 65 | 496 |
| FY2025 | 111 | $54.5M | $250K | 21 | $24.9M | 132 | 1,259 |
| FY2024 | 90 | $35.1M | $234K | 12 | $16.8M | 102 | 1,048 |
| FY2023 | 69 | $44.4M | $315K | 17 | $14.2M | 86 | 967 |
| FY2022 | 45 | $37.5M | $350K | 23 | $17.3M | 68 | 583 |
| FY2021 | 56 | $41.8M | $513K | 20 | $12.7M | 76 | 608 |
| FY2020 | 41 | $33.8M | $350K | 22 | $16.9M | 63 | 771 |
| FY2019 | 40 | $23.4M | $170K | 14 | $10.7M | 54 | 453 |
| FY2018 | 50 | $44.6M | $350K | 5 | $4.0M | 55 | 630 |
| FY2017 | 40 | $22.3M | $338K | 12 | $11.4M | 52 | 613 |
| FY2016 | 39 | $21.5M | $150K | 10 | $5.4M | 49 | 902 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 273 approvals.
Against Florida and the country
| FY2021–FY2025 | St. Johns County | Florida | United States |
|---|---|---|---|
| Approvals | 464 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 53.7 | 41.6 | 41.0 |
| Median 7(a) approval | $283K | $240K | $190K |
| Median 504 approval | $641K | $624K | $657K |
| Average approval | $645K | $609K | $573K |
| 504 share of approvals | 20.0% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 9.6 | 10.4 | 10.5 |
| Share of state approvals | 1.7% | 100.0% | — |
Approval sizes
- $50,000 or less13.6%63
- $50,001 to $150,00017.2%80
- $150,001 to $350,00022.8%106
- $350,001 to $1 million28.9%134
- $1 million to $2 million9.7%45
- Over $2 million7.8%36
Age of the businesses
- Existing, more than 2 years old48.1%223
- New business, 2 years or less14.4%67
- Startup, loan funds will open the business31.7%147
- Change of ownership5.8%27
Questions and answers
Which lenders make the most SBA loans in St. Johns County?
By approvals in FY2021 to FY2025: Florida First Capital Finance Corporation, Inc. (74), The Huntington National Bank (37), Wells Fargo Bank National Association (26), Newtek Bank, National Association (22), Readycap Lending, LLC (21). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in St. Johns County?
The median 7(a) approval was $283K and the median 504 approval $641K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in St. Johns County?
Restaurants and Other Eating Places (64); Offices of Other Health Practitioners (24); Personal Care Services (23); Other Amusement and Recreation Industries (22); Services to Buildings and Dwellings (20).
Is SBA lending in St. Johns County rising?
Approvals in the three latest complete fiscal years total 320, against 207 in the three before: rising (+55%).
How does St. Johns County compare with the rest of Florida?
53.7 approvals per 1,000 establishments against 41.6 statewide, and 464 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