FY20201 Oct 2019 – 30 Sep 2020
SBA loans in Florida, FY2020
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 FY2020 (1 October 2019 to 30 September 2020) SBA approved 3,063 loans in Florida: 2,376 under 7(a) and 687 under 504, worth $2.03bn.
That is down 21% on FY2019, when there were 3,854 approvals worth $2.04bn.
Florida accounted for 6.2% of the 49,417 approvals nationwide that year. 172 lenders had at least one approval in the state; TD Bank, National Association had the most, 364.
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 FY2020, of 172 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|
| 1 | Miami-Dade County | 536 | $335M | 17.5% | 672 | -136 |
| 2 | Broward County | 309 | $204M | 10.1% | 451 | -142 |
| 3 | Palm Beach County | 244 | $147M | 8.0% | 338 | -94 |
| 4 | Hillsborough County | 227 | $168M | 7.4% | 299 | -72 |
| 5 | Orange County | 214 | $143M | 7.0% | 266 | -52 |
| 6 | Pinellas County | 152 | $89.4M | 5.0% | 202 | -50 |
| 7 | Lee County | 141 | $89.4M | 4.6% | 148 | -7 |
| 8 | Duval County | 116 | $77.7M | 3.8% | 137 | -21 |
| 9 | Sarasota County | 79 | $49.7M | 2.6% | 96 | -17 |
| 10 | Collier County | 75 | $41.0M | 2.4% | 59 | +16 |
| 11 | Seminole County | 72 | $42.5M | 2.4% | 117 | -45 |
| 12 | Pasco County | 71 | $38.0M | 2.3% | 66 | +5 |
| 13 | Brevard County | 68 | $45.3M | 2.2% | 105 | -37 |
| 14 | Manatee County | 64 | $45.0M | 2.1% | 64 | 0 |
| 15 | St. Johns County | 63 | $50.7M | 2.1% | 54 | +9 |
| 16 | Volusia County | 59 | $47.1M | 1.9% | 98 | -39 |
| 17 | Polk County | 58 | $47.3M | 1.9% | 67 | -9 |
| 18 | Osceola County | 35 | $24.4M | 1.1% | 58 | -23 |
| 19 | Escambia County | 34 | $37.8M | 1.1% | 38 | -4 |
| 20 | Martin County | 33 | $21.9M | 1.1% | 49 | -16 |
| 21 | Lake County | 33 | $19.8M | 1.1% | 39 | -6 |
| 22 | St. Lucie County | 32 | $29.2M | 1.0% | 52 | -20 |
| 23 | Walton County | 28 | $13.5M | 0.9% | 16 | +12 |
| 24 | Marion County | 26 | $15.9M | 0.8% | 29 | -3 |
| 25 | Indian River County | 26 | $23.6M | 0.8% | 23 | +3 |
| 26 | Alachua County | 25 | $21.4M | 0.8% | 25 | 0 |
| 27 | Clay County | 25 | $7.9M | 0.8% | 24 | +1 |
| 28 | Leon County | 24 | $26.6M | 0.8% | 19 | +5 |
| 29 | Okaloosa County | 23 | $16.9M | 0.8% | 36 | -13 |
| 30 | Santa Rosa County | 22 | $22.2M | 0.7% | 19 | +3 |
| 31 | Bay County | 19 | $10.7M | 0.6% | 20 | -1 |
| 32 | Charlotte County | 16 | $8.8M | 0.5% | 29 | -13 |
| 33 | Nassau County | 14 | $7.2M | 0.5% | 10 | +4 |
| 34 | Hernando County | 11 | $5.3M | 0.4% | 15 | -4 |
| 35 | Citrus County | 11 | $11.0M | 0.4% | 10 | +1 |
| 36 | Flagler County | 10 | $3.7M | 0.3% | 13 | -3 |
| 37 | Monroe County | 8 | $3.7M | 0.3% | 13 | -5 |
| 38 | Columbia County | 8 | $2.2M | 0.3% | 5 | +3 |
| 39 | Highlands County | 7 | $3.1M | 0.2% | 6 | +1 |
| 40 | Jackson County | 6 | $4.5M | 0.2% | 5 | +1 |
The 40 counties with the most approvals; every county is on the Florida page.
FY2020 against FY2019
| Florida | FY2020 | FY2019 |
|---|---|---|
| 7(a) approvals | 2,376 | 3,376 |
| 7(a) dollars | $1.47bn | $1.63bn |
| Median 7(a) approval | $285K | $155K |
| 504 approvals | 687 | 478 |
| 504 dollars | $562M | $408M |
| Jobs supported, as reported | 31,388 | 35,948 |
Questions and answers
Which lenders made the most SBA loans in Florida in FY2020?
TD Bank, National Association (364), Florida First Capital Finance Corporation, Inc. (347), Florida Business Development Corporation (275), Wells Fargo Bank National Association (185), The Huntington National Bank (98). 172 lenders had at least one approval.
How many SBA loans were approved in Florida in FY2020?
3,063: 2,376 under 7(a) worth $1.47bn and 687 under 504 worth $562M.
Which Florida counties had the most SBA approvals in FY2020?
Miami-Dade County (536), Broward County (309), Palm Beach County (244), Hillsborough County (227), Orange County (214).
When does FY2020 start and end?
The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.
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