Lenders › BankUnited, National Association
7(a) lenderMiami Lakes, FloridaFDIC-insured bank333rd of 2,184 by approvals
BankUnited, National Association
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 91 7(a) loans, worth $85.8M, through BankUnited, National Association of Miami Lakes, Florida, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 333rd among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 33 approvals totalling $29.7M, up 65% on FY2024 (20). FY2026 to 30 Jun 2026 adds 18 more.
The median approval was $573K, against $190K for the 7(a) program as a whole; 7.7% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 8 states and territories and 27 counties, led by Florida (89.0%), Connecticut (4.4%) and California (1.1%). The largest industry group was construction at 22.0% of approvals, and 13.2% of approvals were to franchise businesses.
Of 1,459 disbursed loans approved in FY2010 to FY2021, SBA records 83 as charged off (5.7%), 1,137 as paid in full and 239 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 18 | $28.4M | $1.3M | $1.6M | 353 |
| FY2025 | 33 | $29.7M | $750K | $901K | 432 |
| FY2024 | 20 | $19.1M | $640K | $956K | 375 |
| FY2023 | 16 | $18.5M | $591K | $1.2M | 174 |
| FY2022 | 18 | $12.8M | $400K | $712K | 374 |
| FY2021 | 4 | $5.7M | $978K | $1.4M | 103 |
| FY2020 | 41 | $36.4M | $920K | $888K | 566 |
| FY2019 | 123 | $121M | $659K | $982K | 2,951 |
| FY2018 | 207 | $225M | $737K | $1.1M | 3,459 |
| FY2017 | 201 | $208M | $661K | $1.0M | 2,930 |
| FY2016 | 173 | $208M | $913K | $1.2M | 3,467 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 745 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Florida | 7(a) program |
|---|---|---|---|
| Approvals in these years | 1,599 | 31,863 | 639,905 |
| Cancelled or never disbursed | 140 | 3,596 | 79,313 |
| Disbursed loans | 1,459 | 28,267 | 560,592 |
| Paid in full | 1,137 | 20,064 | 435,813 |
| Charged off | 83 | 2,783 | 36,891 |
| Still outstanding (status exempt from disclosure) | 239 | 5,420 | 87,888 |
| Charged off, share of disbursed loans | 5.7% | 9.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 3.2% | 3.1% | 2.5% |
| Dollars charged off | $50.8M | $442M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 4 | 3 | 0 | — | 2.8% |
| FY2020 | 36 | 19 | 0 | 0.0% | 4.0% |
| FY2019 | 112 | 60 | 0 | 0.0% | 6.7% |
| FY2018 | 190 | 117 | 11 | 5.8% | 7.9% |
| FY2017 | 174 | 130 | 9 | 5.2% | 7.7% |
| FY2016 | 148 | 117 | 4 | 2.7% | 7.2% |
| FY2015 | 151 | 123 | 11 | 7.3% | 6.9% |
| FY2014 | 186 | 165 | 9 | 4.8% | 6.4% |
| FY2013 | 184 | 171 | 8 | 4.3% | 6.0% |
| FY2012 | 116 | 109 | 6 | 5.2% | 6.3% |
| FY2011 | 103 | 75 | 20 | 19.4% | 6.9% |
| FY2010 | 55 | 48 | 5 | 9.1% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $573K | $190K |
| Average approval | $943K | $518K |
| Approvals of $150,000 or less | 7.7% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 14.3% | 34.3% |
| Approvals to franchise businesses | 13.2% | 11.5% |
| Jobs supported per approval, as reported | 16.0 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 5.7% | 6.6% |
States served
| # | State of the business (8 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida | 81 | $77.5M | 89.0% | |
| 2 | Connecticut | 4 | $800K | 4.4% | |
| 3 | California | 1 | — | 1.1% | |
| 4 | Michigan | 1 | — | 1.1% | |
| 5 | New York | 1 | — | 1.1% | |
| 6 | Tennessee | 1 | — | 1.1% | |
| 7 | New Jersey | 1 | — | 1.1% | |
| 8 | Texas | 1 | — | 1.1% |
In Florida the lender accounts for 0.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (27 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Broward County, FL | 15 | $12.7M | 16.5% | |
| 2 | Palm Beach County, FL | 12 | $6.5M | 13.2% | |
| 3 | Miami-Dade County, FL | 10 | $8.5M | 11.0% | |
| 4 | Hillsborough County, FL | 8 | $13.3M | 8.8% | |
| 5 | Seminole County, FL | 6 | $9.9M | 6.6% | |
| 6 | Martin County, FL | 5 | $3.0M | 5.5% | |
| 7 | Lee County, FL | 5 | $2.1M | 5.5% | |
| 8 | Orange County, FL | 4 | $3.7M | 4.4% | |
| 9 | Pinellas County, FL | 4 | $3.2M | 4.4% | |
| 10 | Collier County, FL | 3 | $2.7M | 3.3% | |
| 11 | Fairfield County, CT | 2 | — | 2.2% | |
| 12 | Western Connecticut Planning Region, CT | 2 | — | 2.2% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 20 | 22.0% | |
| 2 | Health Care and Social Assistance | 13 | 14.3% | |
| 3 | Wholesale Trade | 10 | 11.0% | |
| 4 | Other Services (except Public Administration) | 9 | 9.9% | |
| 5 | Manufacturing | 7 | 7.7% | |
| 6 | Retail Trade | 7 | 7.7% | |
| 7 | Professional, Scientific, and Technical Services | 6 | 6.6% | |
| 8 | Finance and Insurance | 5 | 5.5% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Building Equipment ContractorsNAICS 2382 | 7 | 7.7% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 5.5% | |
| 3 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 5 | 5.5% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 4 | 4.4% | |
| 5 | Child Day Care ServicesNAICS 6244 | 4 | 4.4% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 4 | 4.4% | |
| 7 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 3 | 3.3% | |
| 8 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 3.3% | |
| 9 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 3 | 3.3% | |
| 10 | Nonresidential Building ConstructionNAICS 2362 | 3 | 3.3% |
Approval sizes
- $50,000 or less1.1%1
- $50,001 to $150,0006.6%6
- $150,001 to $350,00028.6%26
- $350,001 to $1 million27.5%25
- $1 million to $2 million26.4%24
- Over $2 million9.9%9
Loan terms
- Over 5 to 10 years62.6%57
- Over 10 to 20 years11.0%10
- Over 20 years26.4%24
Age of the businesses
- Existing, more than 2 years old69.2%63
- New business, 2 years or less9.9%9
- Startup, loan funds will open the business4.4%4
- Change of ownership16.5%15
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 59 | 64.8% | |
| 2 | SBA Express Program | 25 | 27.5% | |
| 3 | 7a General | 7 | 7.7% |
Franchise share
12 of 91 approvals in FY2021–FY2025 (13.2%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Yesco | 2 | 2.2% | |
| 2 | Snap-On | 2 | 2.2% | |
| 3 | Nuviva Medical Weight Loss | 1 | 1.1% | |
| 4 | N-Hance | 1 | 1.1% | |
| 5 | Midas | 1 | 1.1% | |
| 6 | CertaPro Painters | 1 | 1.1% | |
| 7 | We Insure | 1 | 1.1% | |
| 8 | Metal Supermarkets | 1 | 1.1% |
Questions and answers
How many SBA loans does BankUnited, National Association make?
SBA approved 33 7(a) loans through BankUnited, National Association in FY2025, worth $29.7M, and 91 over FY2021 to FY2025. That ranks 333rd of 2,184 active 7(a) lenders by number of approvals.
How large are BankUnited, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $573K and the average $943K. The program-wide median was $190K.
What is BankUnited, National Association's charge-off rate?
Of 1,459 disbursed loans approved in FY2010 to FY2021, SBA records 83 as charged off (5.7%), 1,137 as paid in full and 239 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does BankUnited, National Association lend to most?
By number of approvals in FY2021 to FY2025: building equipment contractors (7); automotive repair and maintenance (5); agencies, brokerages, and other insurance related activities (5); offices of other health practitioners (4).
Where does BankUnited, National Association make SBA loans?
In 8 states and territories. Florida 81, Connecticut 4, California 1, Michigan 1, New York 1. In Florida it accounts for 0.3% of all 7(a) approvals.
Is BankUnited, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 69, against 63 in the three before: rising (+10%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error