FY20251 Oct 2024 – 30 Sep 2025
SBA loans in Florida, FY2025
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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 7,015 loans in Florida: 6,302 under 7(a) and 713 under 504, worth $4.00bn.
That is about level with FY2024, when there were 6,563 approvals worth $3.55bn.
Florida accounted for 8.3% of the 84,840 approvals nationwide that year. 205 lenders had at least one approval in the state; Northeast Bank had the most, 709.
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 FY2025, of 205 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2024 | Change |
|---|---|---|---|---|---|---|
| 1 | Miami-Dade County | 1,364 | $609M | 19.4% | 1,308 | +56 |
| 2 | Broward County | 827 | $401M | 11.8% | 793 | +34 |
| 3 | Palm Beach County | 569 | $337M | 8.1% | 583 | -14 |
| 4 | Orange County | 507 | $279M | 7.2% | 480 | +27 |
| 5 | Hillsborough County | 504 | $309M | 7.2% | 427 | +77 |
| 6 | Pinellas County | 301 | $170M | 4.3% | 314 | -13 |
| 7 | Duval County | 270 | $178M | 3.8% | 226 | +44 |
| 8 | Lee County | 230 | $164M | 3.3% | 218 | +12 |
| 9 | Sarasota County | 185 | $137M | 2.6% | 150 | +35 |
| 10 | Brevard County | 174 | $98.5M | 2.5% | 127 | +47 |
| 11 | Seminole County | 161 | $104M | 2.3% | 143 | +18 |
| 12 | Pasco County | 145 | $65.6M | 2.1% | 144 | +1 |
| 13 | Polk County | 132 | $74.8M | 1.9% | 148 | -16 |
| 14 | St. Johns County | 132 | $79.4M | 1.9% | 102 | +30 |
| 15 | Volusia County | 130 | $84.5M | 1.9% | 141 | -11 |
| 16 | Manatee County | 128 | $101M | 1.8% | 115 | +13 |
| 17 | Osceola County | 114 | $49.1M | 1.6% | 100 | +14 |
| 18 | Collier County | 105 | $60.2M | 1.5% | 131 | -26 |
| 19 | Lake County | 100 | $54.4M | 1.4% | 79 | +21 |
| 20 | St. Lucie County | 90 | $46.6M | 1.3% | 89 | +1 |
| 21 | Marion County | 73 | $39.6M | 1.0% | 74 | -1 |
| 22 | Martin County | 71 | $57.8M | 1.0% | 47 | +24 |
| 23 | Charlotte County | 56 | $40.7M | 0.8% | 51 | +5 |
| 24 | Leon County | 55 | $38.2M | 0.8% | 38 | +17 |
| 25 | Indian River County | 53 | $38.4M | 0.8% | 29 | +24 |
| 26 | Escambia County | 52 | $49.7M | 0.7% | 55 | -3 |
| 27 | Okaloosa County | 50 | $33.6M | 0.7% | 52 | -2 |
| 28 | Alachua County | 45 | $28.7M | 0.6% | 49 | -4 |
| 29 | Bay County | 44 | $26.8M | 0.6% | 47 | -3 |
| 30 | Santa Rosa County | 41 | $27.0M | 0.6% | 24 | +17 |
| 31 | Hernando County | 36 | $14.7M | 0.5% | 29 | +7 |
| 32 | Walton County | 35 | $28.9M | 0.5% | 37 | -2 |
| 33 | Clay County | 32 | $15.8M | 0.5% | 39 | -7 |
| 34 | Flagler County | 24 | $14.1M | 0.3% | 15 | +9 |
| 35 | Monroe County | 24 | $9.4M | 0.3% | 23 | +1 |
| 36 | Nassau County | 19 | $19.1M | 0.3% | 27 | -8 |
| 37 | Citrus County | 19 | $12.7M | 0.3% | 8 | +11 |
| 38 | Highlands County | 18 | $12.1M | 0.3% | 16 | +2 |
| 39 | Levy County | 12 | $6.4M | 0.2% | 6 | +6 |
| 40 | Suwannee County | 10 | $12.0M | 0.1% | 2 | +8 |
The 40 counties with the most approvals; every county is on the Florida page.
FY2025 against FY2024
| Florida | FY2025 | FY2024 |
|---|---|---|
| 7(a) approvals | 6,302 | 5,903 |
| 7(a) dollars | $3.22bn | $2.83bn |
| Median 7(a) approval | $220K | $175K |
| 504 approvals | 713 | 660 |
| 504 dollars | $774M | $720M |
| Jobs supported, as reported | 66,371 | 65,875 |
Questions and answers
Which lenders made the most SBA loans in Florida in FY2025?
Northeast Bank (709), TD Bank, National Association (692), Newtek Bank, National Association (631), The Huntington National Bank (438), Readycap Lending, LLC (377). 205 lenders had at least one approval.
How many SBA loans were approved in Florida in FY2025?
7,015: 6,302 under 7(a) worth $3.22bn and 713 under 504 worth $774M.
Which Florida counties had the most SBA approvals in FY2025?
Miami-Dade County (1,364), Broward County (827), Palm Beach County (569), Orange County (507), Hillsborough County (504).
When does FY2025 start and end?
The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.
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