FY20211 Oct 2020 – 30 Sep 2021
SBA loans in Florida, FY2021
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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 4,037 loans in Florida: 3,202 under 7(a) and 835 under 504, worth $3.24bn.
That is up 32% on FY2020, when there were 3,063 approvals worth $2.03bn.
Florida accounted for 6.6% of the 61,532 approvals nationwide that year. 192 lenders had at least one approval in the state; Florida First Capital Finance Corporation, Inc. had the most, 398.
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 FY2021, of 192 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|
| 1 | Miami-Dade County | 603 | $427M | 14.9% | 536 | +67 |
| 2 | Broward County | 407 | $360M | 10.1% | 309 | +98 |
| 3 | Hillsborough County | 345 | $258M | 8.5% | 227 | +118 |
| 4 | Palm Beach County | 287 | $283M | 7.1% | 244 | +43 |
| 5 | Orange County | 280 | $211M | 6.9% | 214 | +66 |
| 6 | Pinellas County | 252 | $201M | 6.2% | 152 | +100 |
| 7 | Duval County | 173 | $151M | 4.3% | 116 | +57 |
| 8 | Sarasota County | 125 | $83.7M | 3.1% | 79 | +46 |
| 9 | Lee County | 122 | $92.0M | 3.0% | 141 | -19 |
| 10 | Brevard County | 105 | $75.6M | 2.6% | 68 | +37 |
| 11 | Polk County | 103 | $90.7M | 2.6% | 58 | +45 |
| 12 | Seminole County | 92 | $59.4M | 2.3% | 72 | +20 |
| 13 | Pasco County | 86 | $83.1M | 2.1% | 71 | +15 |
| 14 | Manatee County | 85 | $58.1M | 2.1% | 64 | +21 |
| 15 | Volusia County | 80 | $81.7M | 2.0% | 59 | +21 |
| 16 | St. Johns County | 76 | $54.5M | 1.9% | 63 | +13 |
| 17 | Collier County | 66 | $44.9M | 1.6% | 75 | -9 |
| 18 | Okaloosa County | 52 | $58.8M | 1.3% | 23 | +29 |
| 19 | Lake County | 48 | $36.2M | 1.2% | 33 | +15 |
| 20 | St. Lucie County | 41 | $35.1M | 1.0% | 32 | +9 |
| 21 | Osceola County | 41 | $31.6M | 1.0% | 35 | +6 |
| 22 | Marion County | 41 | $39.1M | 1.0% | 26 | +15 |
| 23 | Alachua County | 39 | $35.7M | 1.0% | 25 | +14 |
| 24 | Leon County | 38 | $22.1M | 0.9% | 24 | +14 |
| 25 | Escambia County | 37 | $31.6M | 0.9% | 34 | +3 |
| 26 | Charlotte County | 36 | $28.0M | 0.9% | 16 | +20 |
| 27 | Clay County | 35 | $26.1M | 0.9% | 25 | +10 |
| 28 | Martin County | 34 | $34.2M | 0.8% | 33 | +1 |
| 29 | Bay County | 30 | $18.2M | 0.7% | 19 | +11 |
| 30 | Nassau County | 29 | $22.2M | 0.7% | 14 | +15 |
| 31 | Hernando County | 27 | $25.3M | 0.7% | 11 | +16 |
| 32 | Walton County | 27 | $14.8M | 0.7% | 28 | -1 |
| 33 | Indian River County | 27 | $29.0M | 0.7% | 26 | +1 |
| 34 | Monroe County | 25 | $21.6M | 0.6% | 8 | +17 |
| 35 | Citrus County | 24 | $13.2M | 0.6% | 11 | +13 |
| 36 | Flagler County | 17 | $11.6M | 0.4% | 10 | +7 |
| 37 | Santa Rosa County | 16 | $11.3M | 0.4% | 22 | -6 |
| 38 | Sumter County | 9 | $4.7M | 0.2% | 3 | +6 |
| 39 | Putnam County | 9 | $11.6M | 0.2% | 6 | +3 |
| 40 | Columbia County | 8 | $8.1M | 0.2% | 8 | 0 |
The 40 counties with the most approvals; every county is on the Florida page.
FY2021 against FY2020
| Florida | FY2021 | FY2020 |
|---|---|---|
| 7(a) approvals | 3,202 | 2,376 |
| 7(a) dollars | $2.58bn | $1.47bn |
| Median 7(a) approval | $392K | $285K |
| 504 approvals | 835 | 687 |
| 504 dollars | $658M | $562M |
| Jobs supported, as reported | 48,072 | 31,388 |
Questions and answers
Which lenders made the most SBA loans in Florida in FY2021?
Florida First Capital Finance Corporation, Inc. (398), Florida Business Development Corporation (364), TD Bank, National Association (363), Wells Fargo Bank National Association (190), The Huntington National Bank (155). 192 lenders had at least one approval.
How many SBA loans were approved in Florida in FY2021?
4,037: 3,202 under 7(a) worth $2.58bn and 835 under 504 worth $658M.
Which Florida counties had the most SBA approvals in FY2021?
Miami-Dade County (603), Broward County (407), Hillsborough County (345), Palm Beach County (287), Orange County (280).
When does FY2021 start and end?
The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.
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