Florida Business Development approved 1,951 SBA loans worth $2.0B between October 2021 and June 2026, ranking #25 of 2,283 SBA lenders nationally by loan count. Its median loan was $662,000, and 15% went to startups or businesses under two years old. It lent in 8 states, most often in Florida, and its most financed industry was health care and social assistance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Florida | 1,548 | $1.5B | $633,000 | #4 |
| Georgia | 307 | $393.6M | $843,000 | #6 |
| Alabama | 88 | $94.7M | $601,000 | #8 |
| North Carolina | 3 | $6.9M | $1,131,000 | #130 |
| Tennessee | 2 | $3.5M | $1,731,000 | #152 |
| Louisiana | 1 | $396K | $396,000 | #113 |
| New Jersey | 1 | $2.3M | $2,274,000 | #171 |
| Ohio | 1 | $1.8M | $1,816,000 | #201 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 344 | $674,500 | |
| Restaurants and hotels | 251 | $1,181,000 | |
| Retail | 222 | $629,500 | |
| Other services (repair, personal care) | 209 | $539,000 | |
| Construction | 194 | $553,500 | |
| Professional and technical services | 169 | $395,000 | |
| Manufacturing | 114 | $816,000 | |
| Wholesale trade | 107 | $1,047,000 | |
| Arts, entertainment and recreation | 68 | $885,000 | |
| Real estate and rental | 63 | $878,000 |