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County19th of 67 in Florida by approvalsFIPS 12111
SBA loans in St. Lucie 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. Lucie County, Florida, received 347 SBA loan approvals worth $212M in FY2021 to FY2025 (303 7(a), 44 504).
That is 47.6 approvals per 1,000 business establishments (7,292 establishments in 2023), close to the Florida figure of 41.6 and above the national 41.0.
It ranks 19th of 67 Florida counties with approvals. In FY2025 there were 90, about level with FY2024.
67 lenders had approvals here; the most active were TD Bank, National Association (33), Wells Fargo Bank National Association (21) and Florida Business Development Corporation (20). 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. Lucie County
By number of approvals to businesses in the county, FY2021–FY2025; 67 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 33 | $2.8M | 9.5% | |
| 2 | Wells Fargo Bank National AssociationSioux Falls, SD | 21 | $1.7M | 6.1% | |
| 3 | Florida Business Development CorporationTampa, FL · CDC | 20 | $19.4M | 5.8% | |
| 4 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 20 | $18.8M | 5.8% | |
| 5 | The Huntington National BankColumbus, OH | 19 | $9.2M | 5.5% | |
| 6 | Northeast BankLewiston, ME | 16 | $1.7M | 4.6% | |
| 7 | iTHINK Financial Credit UnionDelray Beach, FL | 14 | $7.2M | 4.0% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 14 | $1.4M | 4.0% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 13 | $13.5M | 3.7% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 13 | $3.1M | 3.7% | |
| 11 | SouthState Bank, National AssociationWinter Haven, FL | 12 | $5.8M | 3.5% | |
| 12 | Bank of America, National AssociationCharlotte, NC | 11 | $4.5M | 3.2% | |
| 13 | Newtek Bank, National AssociationMiami, FL | 10 | $2.1M | 2.9% | |
| 14 | Celtic Bank CorporationSalt Lake City, UT | 9 | $14.4M | 2.6% | |
| 15 | First Bank of the LakeOsage Beach, MO | 8 | $10.8M | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 25 | 7.2% | |
| 2 | General Freight TruckingNAICS 4841 | 19 | 5.5% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 19 | 5.5% | |
| 4 | Child Day Care ServicesNAICS 6244 | 14 | 4.0% | |
| 5 | Building Finishing ContractorsNAICS 2383 | 13 | 3.7% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 13 | 3.7% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 12 | 3.5% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 10 | 2.9% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 9 | 2.6% | |
| 10 | Home Health Care ServicesNAICS 6216 | 9 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 62 | 17.9% | |
| 2 | Health Care and Social Assistance | 49 | 14.1% | |
| 3 | Transportation and Warehousing | 34 | 9.8% | |
| 4 | Accommodation and Food Services | 33 | 9.5% | |
| 5 | Other Services (except Public Administration) | 33 | 9.5% | |
| 6 | Retail Trade | 32 | 9.2% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 26 | 7.5% | |
| 8 | Wholesale Trade | 18 | 5.2% |
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* | 48 | $17.9M | $165K | 7 | $10.6M | 55 | 511 |
| FY2025 | 75 | $34.7M | $195K | 15 | $11.9M | 90 | 855 |
| FY2024 | 83 | $36.3M | $150K | 6 | $6.6M | 89 | 805 |
| FY2023 | 54 | $32.4M | $150K | 7 | $7.9M | 61 | 525 |
| FY2022 | 59 | $39.8M | $350K | 7 | $7.9M | 66 | 591 |
| FY2021 | 32 | $28.0M | $551K | 9 | $7.2M | 41 | 711 |
| FY2020 | 27 | $23.6M | $350K | 5 | $5.5M | 32 | 355 |
| FY2019 | 50 | $18.5M | $199K | 2 | — | 52 | 879 |
| FY2018 | 35 | $20.7M | $100K | 2 | — | 37 | 291 |
| FY2017 | 56 | $29.1M | $130K | 3 | $2.8M | 59 | 696 |
| FY2016 | 47 | $27.4M | $150K | 3 | $2.7M | 50 | 896 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 230 approvals.
Against Florida and the country
| FY2021–FY2025 | St. Lucie County | Florida | United States |
|---|---|---|---|
| Approvals | 347 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 47.6 | 41.6 | 41.0 |
| Median 7(a) approval | $249K | $240K | $190K |
| Median 504 approval | $728K | $624K | $657K |
| Average approval | $612K | $609K | $573K |
| 504 share of approvals | 12.7% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 10.0 | 10.4 | 10.5 |
| Share of state approvals | 1.3% | 100.0% | — |
Approval sizes
- $50,000 or less19.0%66
- $50,001 to $150,00021.9%76
- $150,001 to $350,00016.4%57
- $350,001 to $1 million26.5%92
- $1 million to $2 million9.2%32
- Over $2 million6.9%24
Age of the businesses
- Existing, more than 2 years old56.5%196
- New business, 2 years or less17.6%61
- Startup, loan funds will open the business14.1%49
- Change of ownership11.2%39
- Not answered0.6%2
Questions and answers
Which lenders make the most SBA loans in St. Lucie County?
By approvals in FY2021 to FY2025: TD Bank, National Association (33), Wells Fargo Bank National Association (21), Florida Business Development Corporation (20), Florida First Capital Finance Corporation, Inc. (20), The Huntington National Bank (19). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in St. Lucie County?
The median 7(a) approval was $249K and the median 504 approval $728K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in St. Lucie County?
Restaurants and Other Eating Places (25); General Freight Trucking (19); Building Equipment Contractors (19); Child Day Care Services (14); Building Finishing Contractors (13).
Is SBA lending in St. Lucie County rising?
Approvals in the three latest complete fiscal years total 240, against 139 in the three before: rising (+73%).
How does St. Lucie County compare with the rest of Florida?
47.6 approvals per 1,000 establishments against 41.6 statewide, and 347 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