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SBA lenders in Miami, FL

SBA 7(a) and 504 loans to businesses in Miami (Miami-Dade County), October 2021 to June 30, 2026 · Updated October 15, 2026
3,918
SBA loans approved
$1.8B
Total approved
$200,000
Median loan
134
Lenders active
18%
To startups

3,918 SBA loans worth $1.8B went to businesses in Miami, FL between October 2021 and June 2026, from 134 lenders. TD Bank made the most, 816 loans. The median loan was $200,000, compared with $250,000 across Florida, and professional and technical services was the most financed industry.

Most active SBA lenders in Miami

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
816$132.0M$70,00021%
2Newtek Bank
Bank · Miami, FL
331$148.6M$210,00013%
3Florida Business Development
Certified development company · Tampa, FL
237$230.9M$619,0003%
4Bank of America
Bank · Charlotte, NC
222$84.2M$300,0005%
5Readycap Lending
Non-bank lender · Berkeley Heights, NJ
220$52.0M$134,2509%
6Northeast Bank
Bank · Portland, ME
210$36.9M$150,0006%
7JPMorgan Chase Bank
Bank · Columbus, OH
184$39.6M$200,0002%
8BayFirst National Bank
Bank · St. Petersburg, FL
180$33.4M$150,0001%
9Florida First Capital Finance Corporation
Certified development company · Tallahassee, FL
173$225.8M$965,0004%
10Wells Fargo Bank
Bank · Sioux Falls, SD
169$13.1M$15,00092%
11Huntington National Bank
Bank · Columbus, OH
115$36.3M$258,00050%
12Newtek Small Business Finance
Non-bank lender · Lake Success, NY
54$37.4M$300,00017%
13Banesco USA
Bank · Miami, FL
52$27.1M$150,0004%
14Celtic Bank
Bank · Salt Lake City, UT
52$15.9M$150,0002%
15SouthState Bank
Bank · Winter Haven, FL
52$13.4M$100,0008%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Miami. For 504 loans the lender shown is the certified development company.

What gets financed in Miami

IndustryLoansShareMedian loanMost active lender
Professional and technical services579
15%
$150,000TD Bank
Wholesale trade575
15%
$250,000TD Bank
Health care and social assistance384
10%
$243,750TD Bank
Construction374
10%
$154,500TD Bank
Retail361
9%
$150,000TD Bank
Other services (repair, personal care)343
9%
$150,000TD Bank
Transportation and warehousing256
7%
$150,000TD Bank
Manufacturing225
6%
$299,100TD Bank
Loan size mix
  • Under $150,00037%
  • $150,000 to $500,00039%
  • $500,000 to $2 million18%
  • $2 million and up5%
Compared with Florida
Median loan, Miami
$200,000
Median loan, Florida
$250,000
Startup share, Miami
18%
Startup share, Florida
29%
Share of state's SBA loans
14.7%

SBA loans per fiscal year in Miami

06671,3332,000FY14: 307 loansFY14FY15: 398 loansFY15FY16: 437 loansFY16FY17: 519 loansFY17FY18: 605 loansFY18FY19: 507 loansFY19FY20: 404 loansFY20FY21: 474 loansFY21FY22: 523 loansFY22FY23: 876 loansFY23FY24: 998 loansFY24FY25: 1,017 loansFY251,017FY26 (Oct to Jun): 504 loansFY26504
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.