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SBA Lenders Actively Funding Businesses in Florida

Since 2020, 563 different SBA lenders have approved37,548 loans for businesses in Florida. The table below ranks the most active by loans actually made in the state, not by advertising budget. A lender headquartered elsewhere that funds heavily in Floridabeats a local name that rarely writes SBA loans.

Most active SBA lenders in Florida

LenderFL loans since 2020Median loanMedian rate
Florida Business Development Corporation3,381$445Kn/a
TD Bank, National Association3,257$50K10.55%
Florida First Capital Finance Corporation, Inc.3,017$526Kn/a
The Huntington National Bank1,716$95K9.5%
Wells Fargo Bank National Association1,321$15K9.75%
Newtek Bank, National Association1,204$200K11.25%
Readycap Lending, LLC1,131$150K11.25%
BayFirst National Bank1,106$150K12.25%
JPMorgan Chase Bank, National Association927$185K10.65%
Live Oak Banking Company798$785K8.35%
Bank of America, National Association759$332K6.5%
SouthState Bank, National Association593$350K9%
Northeast Bank592$103K10.75%
United Midwest Savings Bank National Association535$150K9.75%
Sunshine State Economic Development Corporation517$424Kn/a
Celtic Bank Corporation420$150K10.25%
Regions Bank396$612Kn/a
Truist Bank364$660Kn/a
JPMorgan Chase Bank, National Association307$640Kn/a
First Internet Bank of Indiana290$816K10%
Lendistry SBLC, LLC285$150K12.25%
Bank of America, National Association277$750Kn/a
Fifth Third Bank247$200K8%
First Bank of the Lake241$373K10.25%
Truist Bank236$598K6%

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Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records. Loan counts reflect projects located in Florida. Figures describe past lending activity only and are not offers, quotes, or qualification decisions. Big Brain Funding is not a lender and is not affiliated with any lender listed.