Ocean Bank approved 20 SBA loans worth $30.5M between October 2021 and June 2026, ranking #904 of 2,283 SBA lenders nationally by loan count. Its median loan was $1,312,400, and 35% went to startups or businesses under two years old. It lent in 2 states, most often in Florida, and its most financed industry was transportation and warehousing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Florida | 19 | $29.1M | $1,286,000 | #117 |
| New Mexico | 1 | $1.4M | $1,350,000 | #100 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Transportation and warehousing | 5 | $1,677,500 | |
| Retail | 4 | $1,529,700 | |
| Arts, entertainment and recreation | 3 | $1,063,200 | |
| Construction | 2 | $1,603,100 | |
| Manufacturing | 2 | $850,000 | |
| Health care and social assistance | 2 | $1,555,000 | |
| Administrative and support services | 1 | $430,000 | |
| Restaurants and hotels | 1 | $500,900 |