FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Florida, FY2016
That fiscal year's approvals by lender and by county.
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 FY2016 (1 October 2015 to 30 September 2016) SBA approved 3,840 loans in Florida: 3,383 under 7(a) and 457 under 504, worth $1.87bn.
That is up 11% on FY2015, when there were 3,456 approvals worth $1.70bn.
Florida accounted for 5.5% of the 70,012 approvals nationwide that year. 133 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 822.
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.
Approvals by lender
The 40 lenders with the most approvals to Florida businesses in FY2016, of 133 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Miami-Dade County | 541 | $228M | 14.1% | 533 | +8 |
| 2 | Broward County | 424 | $196M | 11.0% | 371 | +53 |
| 3 | Hillsborough County | 316 | $166M | 8.2% | 248 | +68 |
| 4 | Palm Beach County | 314 | $158M | 8.2% | 285 | +29 |
| 5 | Orange County | 275 | $134M | 7.2% | 222 | +53 |
| 6 | Pinellas County | 232 | $107M | 6.0% | 216 | +16 |
| 7 | Duval County | 199 | $103M | 5.2% | 185 | +14 |
| 8 | Lee County | 134 | $54.8M | 3.5% | 111 | +23 |
| 9 | Sarasota County | 115 | $59.3M | 3.0% | 92 | +23 |
| 10 | Brevard County | 114 | $46.2M | 3.0% | 104 | +10 |
| 11 | Seminole County | 87 | $44.7M | 2.3% | 90 | -3 |
| 12 | Collier County | 78 | $38.1M | 2.0% | 58 | +20 |
| 13 | Volusia County | 75 | $29.9M | 2.0% | 75 | 0 |
| 14 | Pasco County | 72 | $30.8M | 1.9% | 60 | +12 |
| 15 | Manatee County | 70 | $30.6M | 1.8% | 64 | +6 |
| 16 | Polk County | 58 | $32.5M | 1.5% | 60 | -2 |
| 17 | Okaloosa County | 52 | $19.1M | 1.4% | 36 | +16 |
| 18 | Lake County | 52 | $25.1M | 1.4% | 41 | +11 |
| 19 | St. Lucie County | 50 | $30.1M | 1.3% | 39 | +11 |
| 20 | Osceola County | 50 | $33.8M | 1.3% | 47 | +3 |
| 21 | St. Johns County | 49 | $26.9M | 1.3% | 47 | +2 |
| 22 | Martin County | 40 | $17.8M | 1.0% | 40 | 0 |
| 23 | Escambia County | 40 | $22.0M | 1.0% | 43 | -3 |
| 24 | Leon County | 40 | $28.6M | 1.0% | 14 | +26 |
| 25 | Marion County | 39 | $15.9M | 1.0% | 34 | +5 |
| 26 | Clay County | 37 | $27.2M | 1.0% | 42 | -5 |
| 27 | Indian River County | 33 | $17.0M | 0.9% | 28 | +5 |
| 28 | Alachua County | 29 | $5.7M | 0.8% | 44 | -15 |
| 29 | Charlotte County | 27 | $32.0M | 0.7% | 27 | 0 |
| 30 | Bay County | 26 | $21.0M | 0.7% | 29 | -3 |
| 31 | Walton County | 18 | $9.1M | 0.5% | 18 | 0 |
| 32 | Hernando County | 15 | $10.0M | 0.4% | 12 | +3 |
| 33 | Flagler County | 15 | $6.1M | 0.4% | 9 | +6 |
| 34 | Monroe County | 14 | $12.4M | 0.4% | 11 | +3 |
| 35 | Citrus County | 14 | $3.8M | 0.4% | 8 | +6 |
| 36 | Nassau County | 12 | $5.4M | 0.3% | 17 | -5 |
| 37 | Hendry County | 12 | $2.3M | 0.3% | 12 | 0 |
| 38 | Santa Rosa County | 10 | $1.5M | 0.3% | 15 | -5 |
| 39 | Highlands County | 10 | $3.5M | 0.3% | 4 | +6 |
| 40 | Sumter County | 6 | $6.8M | 0.2% | 11 | -5 |
The 40 counties with the most approvals; every county is on the Florida page.
FY2016 against FY2015
| Florida | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 3,383 | 3,022 |
| 7(a) dollars | $1.55bn | $1.42bn |
| Median 7(a) approval | $150K | $150K |
| 504 approvals | 457 | 434 |
| 504 dollars | $322M | $279M |
| Jobs supported, as reported | 39,845 | 42,455 |
Questions and answers
Which lenders made the most SBA loans in Florida in FY2016?
Wells Fargo Bank National Association (822), JPMorgan Chase Bank, National Association (268), Truist Bank (232), Florida First Capital Finance Corporation, Inc. (219), Florida Business Development Corporation (198). 133 lenders had at least one approval.
How many SBA loans were approved in Florida in FY2016?
3,840: 3,383 under 7(a) worth $1.55bn and 457 under 504 worth $322M.
Which Florida counties had the most SBA approvals in FY2016?
Miami-Dade County (541), Broward County (424), Hillsborough County (316), Palm Beach County (314), Orange County (275).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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