FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Florida, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 4,015 loans in Florida: 3,556 under 7(a) and 459 under 504, worth $2.00bn.
That is about level with FY2016, when there were 3,840 approvals worth $1.87bn.
Florida accounted for 5.8% of the 68,648 approvals nationwide that year. 152 lenders had at least one approval in the state; TD Bank, National Association had the most, 631.
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 FY2017, of 152 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 631 | $69.6M | 15.7% | 176 | +455 |
| 2 | Wells Fargo Bank National Association | 7(a) | 438 | $99.9M | 10.9% | 822 | -384 |
| 3 | JPMorgan Chase Bank, National Association | 7(a) | 261 | $47.5M | 6.5% | 268 | -7 |
| 4 | Florida First Capital Finance Corporation, Inc. | 504 | 229 | $194M | 5.7% | 219 | +10 |
| 5 | Truist Bank | 7(a) | 201 | $133M | 5.0% | 232 | -31 |
| 6 | Florida Business Development Corporation | 504 | 186 | $151M | 4.6% | 198 | -12 |
| 7 | PNC Bank, National Association | 7(a) | 148 | $31.2M | 3.7% | 149 | -1 |
| 8 | BayFirst National Bank | 7(a) | 120 | $54.4M | 3.0% | 82 | +38 |
| 9 | Celtic Bank Corporation | 7(a) | 112 | $18.7M | 2.8% | 134 | -22 |
| 10 | Seacoast National Bank | 7(a) | 95 | $61.9M | 2.4% | 67 | +28 |
| 11 | Regions Bank | 7(a) | 82 | $56.2M | 2.0% | 74 | +8 |
| 12 | Stearns Bank National Association | 7(a) | 71 | $23.9M | 1.8% | 89 | -18 |
| 13 | The Huntington National Bank | 7(a) | 70 | $35.9M | 1.7% | 42 | +28 |
| 14 | BankUnited, National Association | 7(a) | 66 | $51.5M | 1.6% | 75 | -9 |
| 15 | Newtek Small Business Finance, Inc. | 7(a) | 66 | $41.8M | 1.6% | 74 | -8 |
| 16 | Live Oak Banking Company | 7(a) | 63 | $82.7M | 1.6% | 61 | +2 |
| 17 | Independence Bank | 7(a) | 63 | $7.5M | 1.6% | 10 | +53 |
| 18 | First-Citizens Bank & Trust Company | 7(a) | 57 | $27.0M | 1.4% | 79 | -22 |
| 19 | Fifth Third Bank | 7(a) | 55 | $15.2M | 1.4% | 59 | -4 |
| 20 | Hancock Whitney Bank | 7(a) | 53 | $9.2M | 1.3% | 31 | +22 |
| 21 | Northeast Bank | 7(a) | 48 | $11.4M | 1.2% | 17 | +31 |
| 22 | SouthState Bank, National Association | 7(a) | 45 | $38.1M | 1.1% | 44 | +1 |
| 23 | Valley National Bank | 7(a) | 38 | $27.3M | 0.9% | 31 | +7 |
| 24 | Ameris Bank | 7(a) | 32 | $36.0M | 0.8% | 38 | -6 |
| 25 | Sunshine State Economic Development Corporation | 504 | 32 | $27.8M | 0.8% | 19 | +13 |
| 26 | Bank of America, National Association | 7(a) | 31 | $19.3M | 0.8% | 22 | +9 |
| 27 | Pinnacle Bank | 7(a) | 29 | $36.4M | 0.7% | 49 | -20 |
| 28 | Centennial Bank | 7(a) | 28 | $19.3M | 0.7% | 34 | -6 |
| 29 | Paradise Bank | 7(a) | 23 | $29.9M | 0.6% | 24 | -1 |
| 30 | United Community Bank | 7(a) | 23 | $16.7M | 0.6% | 32 | -9 |
| 31 | Citibank, N.A. | 7(a) | 22 | $14.9M | 0.5% | 10 | +12 |
| 32 | iTHINK Financial Credit Union | 7(a) | 22 | $11.1M | 0.5% | 22 | 0 |
| 33 | United Midwest Savings Bank National Association | 7(a) | 22 | $4.7M | 0.5% | 3 | +19 |
| 34 | Happen Bank | 7(a) | 21 | $23.1M | 0.5% | 2 | +19 |
| 35 | Simmons Bank | 7(a) | 21 | $9.0M | 0.5% | 11 | +10 |
| 36 | First American Bank | 7(a) | 20 | $11.3M | 0.5% | 21 | -1 |
| 37 | First Federal Bank | 7(a) | 19 | $17.2M | 0.5% | 17 | +2 |
| 38 | DFCU Financial | 7(a) | 18 | $17.1M | 0.4% | 4 | +14 |
| 39 | American Momentum Bank | 7(a) | 16 | $11.6M | 0.4% | 0 | new |
| 40 | The Bank of Tampa | 7(a) | 14 | $10.2M | 0.3% | 9 | +5 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Miami-Dade County | 646 | $243M | 16.1% | 541 | +105 |
| 2 | Broward County | 456 | $240M | 11.4% | 424 | +32 |
| 3 | Palm Beach County | 367 | $142M | 9.1% | 314 | +53 |
| 4 | Hillsborough County | 311 | $152M | 7.7% | 316 | -5 |
| 5 | Orange County | 257 | $123M | 6.4% | 275 | -18 |
| 6 | Pinellas County | 212 | $126M | 5.3% | 232 | -20 |
| 7 | Duval County | 188 | $89.4M | 4.7% | 199 | -11 |
| 8 | Lee County | 131 | $83.0M | 3.3% | 134 | -3 |
| 9 | Brevard County | 127 | $61.1M | 3.2% | 114 | +13 |
| 10 | Seminole County | 102 | $51.5M | 2.5% | 87 | +15 |
| 11 | Manatee County | 82 | $40.6M | 2.0% | 70 | +12 |
| 12 | Collier County | 76 | $31.5M | 1.9% | 78 | -2 |
| 13 | Sarasota County | 73 | $47.4M | 1.8% | 115 | -42 |
| 14 | Pasco County | 73 | $44.5M | 1.8% | 72 | +1 |
| 15 | Volusia County | 70 | $34.3M | 1.7% | 75 | -5 |
| 16 | St. Lucie County | 59 | $32.0M | 1.5% | 50 | +9 |
| 17 | Polk County | 58 | $41.4M | 1.4% | 58 | 0 |
| 18 | Osceola County | 53 | $28.4M | 1.3% | 50 | +3 |
| 19 | St. Johns County | 52 | $33.7M | 1.3% | 49 | +3 |
| 20 | Escambia County | 51 | $33.3M | 1.3% | 40 | +11 |
| 21 | Marion County | 48 | $35.0M | 1.2% | 39 | +9 |
| 22 | Martin County | 45 | $21.8M | 1.1% | 40 | +5 |
| 23 | Lake County | 41 | $28.7M | 1.0% | 52 | -11 |
| 24 | Okaloosa County | 40 | $20.4M | 1.0% | 52 | -12 |
| 25 | Clay County | 39 | $22.0M | 1.0% | 37 | +2 |
| 26 | Leon County | 39 | $26.5M | 1.0% | 40 | -1 |
| 27 | Charlotte County | 35 | $17.2M | 0.9% | 27 | +8 |
| 28 | Alachua County | 33 | $11.1M | 0.8% | 29 | +4 |
| 29 | Indian River County | 31 | $10.3M | 0.8% | 33 | -2 |
| 30 | Bay County | 26 | $11.4M | 0.6% | 26 | 0 |
| 31 | Hernando County | 23 | $14.2M | 0.6% | 15 | +8 |
| 32 | Monroe County | 22 | $24.5M | 0.5% | 14 | +8 |
| 33 | Walton County | 17 | $4.7M | 0.4% | 18 | -1 |
| 34 | Santa Rosa County | 16 | $7.1M | 0.4% | 10 | +6 |
| 35 | Nassau County | 16 | $8.3M | 0.4% | 12 | +4 |
| 36 | Flagler County | 11 | $2.7M | 0.3% | 15 | -4 |
| 37 | Citrus County | 11 | $3.9M | 0.3% | 14 | -3 |
| 38 | Columbia County | 10 | $5.0M | 0.2% | 6 | +4 |
| 39 | Suwannee County | 9 | $10.4M | 0.2% | 6 | +3 |
| 40 | Putnam County | 7 | $960K | 0.2% | 4 | +3 |
The 40 counties with the most approvals; every county is on the Florida page.
FY2017 against FY2016
| Florida | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 3,556 | 3,383 |
| 7(a) dollars | $1.61bn | $1.55bn |
| Median 7(a) approval | $150K | $150K |
| 504 approvals | 459 | 457 |
| 504 dollars | $390M | $322M |
| Jobs supported, as reported | 37,994 | 39,845 |
Questions and answers
Which lenders made the most SBA loans in Florida in FY2017?
TD Bank, National Association (631), Wells Fargo Bank National Association (438), JPMorgan Chase Bank, National Association (261), Florida First Capital Finance Corporation, Inc. (229), Truist Bank (201). 152 lenders had at least one approval.
How many SBA loans were approved in Florida in FY2017?
4,015: 3,556 under 7(a) worth $1.61bn and 459 under 504 worth $390M.
Which Florida counties had the most SBA approvals in FY2017?
Miami-Dade County (646), Broward County (456), Palm Beach County (367), Hillsborough County (311), Orange County (257).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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