FY20221 Oct 2021 – 30 Sep 2022
SBA loans in Florida, FY2022
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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 4,027 loans in Florida: 3,249 under 7(a) and 778 under 504, worth $2.69bn.
That is about level with FY2021, when there were 4,037 approvals worth $3.24bn.
Florida accounted for 7.1% of the 56,932 approvals nationwide that year. 190 lenders had at least one approval in the state; TD Bank, National Association had the most, 476.
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 FY2022, of 190 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 476 | $73.7M | 11.8% | 363 | +113 |
| 2 | Florida First Capital Finance Corporation, Inc. | 504 | 359 | $349M | 8.9% | 398 | -39 |
| 3 | Florida Business Development Corporation | 504 | 339 | $314M | 8.4% | 364 | -25 |
| 4 | The Huntington National Bank | 7(a) | 297 | $94.2M | 7.4% | 155 | +142 |
| 5 | Wells Fargo Bank National Association | 7(a) | 232 | $13.2M | 5.8% | 190 | +42 |
| 6 | Newtek Small Business Finance, Inc. | 7(a) | 205 | $129M | 5.1% | 134 | +71 |
| 7 | BayFirst National Bank | 7(a) | 167 | $97.2M | 4.1% | 84 | +83 |
| 8 | Bank of America, National Association | 7(a) | 99 | $37.8M | 2.5% | 54 | +45 |
| 9 | Readycap Lending, LLC | 7(a) | 97 | $19.5M | 2.4% | 40 | +57 |
| 10 | Live Oak Banking Company | 7(a) | 90 | $141M | 2.2% | 112 | -22 |
| 11 | United Midwest Savings Bank National Association | 7(a) | 74 | $16.7M | 1.8% | 121 | -47 |
| 12 | JPMorgan Chase Bank, National Association | 7(a) | 65 | $12.9M | 1.6% | 34 | +31 |
| 13 | Sunshine State Economic Development Corporation | 504 | 60 | $44.0M | 1.5% | 61 | -1 |
| 14 | SouthState Bank, National Association | 7(a) | 57 | $46.5M | 1.4% | 90 | -33 |
| 15 | Celtic Bank Corporation | 7(a) | 51 | $28.4M | 1.3% | 33 | +18 |
| 16 | TowneBank | 7(a) | 46 | $40.5M | 1.1% | 48 | -2 |
| 17 | Seacoast National Bank | 7(a) | 42 | $27.3M | 1.0% | 57 | -15 |
| 18 | Truist Bank | 7(a) | 39 | $43.9M | 1.0% | 60 | -21 |
| 19 | Beacon Bank and Trust | 7(a) | 37 | $52.5M | 0.9% | 28 | +9 |
| 20 | Lake Michigan CU | 7(a) | 37 | $32.8M | 0.9% | 101 | -64 |
| 21 | Paradise Bank | 7(a) | 36 | $46.1M | 0.9% | 66 | -30 |
| 22 | Fifth Third Bank | 7(a) | 36 | $22.7M | 0.9% | 24 | +12 |
| 23 | Customers Bank | 7(a) | 32 | $24.1M | 0.8% | 21 | +11 |
| 24 | Pinnacle Bank | 7(a) | 30 | $43.1M | 0.7% | 47 | -17 |
| 25 | Regions Bank | 7(a) | 30 | $36.0M | 0.7% | 56 | -26 |
| 26 | First Bank of the Lake | 7(a) | 27 | $42.9M | 0.7% | 13 | +14 |
| 27 | PNC Bank, National Association | 7(a) | 26 | $10.9M | 0.6% | 44 | -18 |
| 28 | United Community Bank | 7(a) | 25 | $29.6M | 0.6% | 32 | -7 |
| 29 | The Bank of Tampa | 7(a) | 25 | $23.4M | 0.6% | 23 | +2 |
| 30 | Banesco USA | 7(a) | 25 | $17.1M | 0.6% | 33 | -8 |
| 31 | Citizens Bank | 7(a) | 24 | $14.0M | 0.6% | 41 | -17 |
| 32 | Byline Bank | 7(a) | 23 | $23.3M | 0.6% | 36 | -13 |
| 33 | Valley National Bank | 7(a) | 23 | $15.8M | 0.6% | 30 | -7 |
| 34 | iTHINK Financial Credit Union | 7(a) | 22 | $13.7M | 0.5% | 16 | +6 |
| 35 | Renasant Bank | 7(a) | 21 | $20.2M | 0.5% | 15 | +6 |
| 36 | Cogent Bank | 7(a) | 20 | $19.5M | 0.5% | 9 | +11 |
| 37 | DFCU Financial | 7(a) | 18 | $12.0M | 0.4% | 28 | -10 |
| 38 | Centennial Bank | 7(a) | 17 | $23.0M | 0.4% | 38 | -21 |
| 39 | Gulf Coast Bank and Trust Company | 7(a) | 17 | $14.1M | 0.4% | 23 | -6 |
| 40 | Hancock Whitney Bank | 7(a) | 17 | $11.9M | 0.4% | 27 | -10 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|
| 1 | Miami-Dade County | 689 | $367M | 17.1% | 603 | +86 |
| 2 | Broward County | 424 | $267M | 10.5% | 407 | +17 |
| 3 | Hillsborough County | 325 | $221M | 8.1% | 345 | -20 |
| 4 | Palm Beach County | 291 | $206M | 7.2% | 287 | +4 |
| 5 | Orange County | 283 | $196M | 7.0% | 280 | +3 |
| 6 | Pinellas County | 242 | $148M | 6.0% | 252 | -10 |
| 7 | Duval County | 178 | $126M | 4.4% | 173 | +5 |
| 8 | Lee County | 120 | $102M | 3.0% | 122 | -2 |
| 9 | Pasco County | 104 | $73.0M | 2.6% | 86 | +18 |
| 10 | Brevard County | 94 | $76.6M | 2.3% | 105 | -11 |
| 11 | Seminole County | 92 | $65.5M | 2.3% | 92 | 0 |
| 12 | Volusia County | 89 | $71.7M | 2.2% | 80 | +9 |
| 13 | Sarasota County | 87 | $56.0M | 2.2% | 125 | -38 |
| 14 | Manatee County | 80 | $65.7M | 2.0% | 85 | -5 |
| 15 | Polk County | 72 | $39.6M | 1.8% | 103 | -31 |
| 16 | Osceola County | 70 | $34.0M | 1.7% | 41 | +29 |
| 17 | Collier County | 68 | $41.7M | 1.7% | 66 | +2 |
| 18 | St. Johns County | 68 | $54.8M | 1.7% | 76 | -8 |
| 19 | St. Lucie County | 66 | $47.7M | 1.6% | 41 | +25 |
| 20 | Marion County | 45 | $32.8M | 1.1% | 41 | +4 |
| 21 | Indian River County | 43 | $30.2M | 1.1% | 27 | +16 |
| 22 | Martin County | 41 | $36.5M | 1.0% | 34 | +7 |
| 23 | Escambia County | 38 | $33.6M | 0.9% | 37 | +1 |
| 24 | Lake County | 37 | $25.8M | 0.9% | 48 | -11 |
| 25 | Clay County | 37 | $28.0M | 0.9% | 35 | +2 |
| 26 | Leon County | 36 | $23.0M | 0.9% | 38 | -2 |
| 27 | Charlotte County | 33 | $16.5M | 0.8% | 36 | -3 |
| 28 | Okaloosa County | 28 | $12.8M | 0.7% | 52 | -24 |
| 29 | Nassau County | 26 | $19.3M | 0.6% | 29 | -3 |
| 30 | Alachua County | 24 | $16.7M | 0.6% | 39 | -15 |
| 31 | Santa Rosa County | 21 | $20.1M | 0.5% | 16 | +5 |
| 32 | Walton County | 20 | $14.8M | 0.5% | 27 | -7 |
| 33 | Citrus County | 20 | $14.4M | 0.5% | 24 | -4 |
| 34 | Bay County | 18 | $11.4M | 0.4% | 30 | -12 |
| 35 | Monroe County | 17 | $11.9M | 0.4% | 25 | -8 |
| 36 | Hernando County | 13 | $5.0M | 0.3% | 27 | -14 |
| 37 | Sumter County | 11 | $15.1M | 0.3% | 9 | +2 |
| 38 | Highlands County | 11 | $10.1M | 0.3% | 7 | +4 |
| 39 | Columbia County | 10 | $2.4M | 0.2% | 8 | +2 |
| 40 | Flagler County | 9 | $4.1M | 0.2% | 17 | -8 |
The 40 counties with the most approvals; every county is on the Florida page.
FY2022 against FY2021
| Florida | FY2022 | FY2021 |
|---|---|---|
| 7(a) approvals | 3,249 | 3,202 |
| 7(a) dollars | $1.95bn | $2.58bn |
| Median 7(a) approval | $250K | $392K |
| 504 approvals | 778 | 835 |
| 504 dollars | $732M | $658M |
| Jobs supported, as reported | 42,996 | 48,072 |
Questions and answers
Which lenders made the most SBA loans in Florida in FY2022?
TD Bank, National Association (476), Florida First Capital Finance Corporation, Inc. (359), Florida Business Development Corporation (339), The Huntington National Bank (297), Wells Fargo Bank National Association (232). 190 lenders had at least one approval.
How many SBA loans were approved in Florida in FY2022?
4,027: 3,249 under 7(a) worth $1.95bn and 778 under 504 worth $732M.
Which Florida counties had the most SBA approvals in FY2022?
Miami-Dade County (689), Broward County (424), Hillsborough County (325), Palm Beach County (291), Orange County (283).
When does FY2022 start and end?
The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.
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