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SBA lenders in Palm Bay, FL

SBA 7(a) and 504 loans to businesses in Palm Bay (Brevard County), October 2021 to June 30, 2026 · Updated October 15, 2026
96
SBA loans approved
$49.8M
Total approved
$150,000
Median loan
34
Lenders active
27%
To startups

96 SBA loans worth $49.8M went to businesses in Palm Bay, FL between October 2021 and June 2026, from 34 lenders. TD Bank made the most, 21 loans. The median loan was $150,000, compared with $250,000 across Florida, and construction was the most financed industry.

Most active SBA lenders in Palm Bay

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
21$1.4M$50,00019%
2Florida First Capital Finance Corporation
Certified development company · Tallahassee, FL
7$11.7M$554,00014%
3Florida Business Development
Certified development company · Tampa, FL
7$11.1M$1,038,0000%
4Newtek Bank
Bank · Miami, FL
7$1.1M$80,00029%
5Readycap Lending
Non-bank lender · Berkeley Heights, NJ
5$1.2M$150,00040%
6Northeast Bank
Bank · Portland, ME
4$885K$180,0000%
7Huntington National Bank
Bank · Columbus, OH
4$809K$162,50050%
8Newtek Small Business Finance
Non-bank lender · Lake Success, NY
3$1.3M$132,00033%
9United Midwest Savings Bank
Bank · Degraff, OH
3$450K$150,000100%
10Wells Fargo Bank
Bank · Sioux Falls, SD
3$361K$20,000100%
11JPMorgan Chase Bank
Bank · Columbus, OH
3$210K$90,0000%
12Port 51 Lending
Non-bank lender · New York, NY
2$2.9M$1,430,0000%
13Beacon Bank and Trust
Bank · Boston, MA
2$2.8M$1,418,0000%
14SouthState Bank
Bank · Winter Haven, FL
2$1.6M$780,0000%
15Stearns Bank
Bank · St. Cloud, MN
2$730K$365,00050%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Palm Bay. For 504 loans the lender shown is the certified development company.

What gets financed in Palm Bay

IndustryLoansShareMedian loanMost active lender
Construction24
25%
$255,500TD Bank
Health care and social assistance19
20%
$225,000TD Bank
Restaurants and hotels11
11%
$225,000Newtek Bank
Administrative and support services9
9%
$60,000TD Bank
Other services (repair, personal care)8
8%
$183,500Florida First Capital Finance Corporation
Retail7
7%
$150,000Huntington National Bank
Professional and technical services5
5%
$50,000TD Bank
Transportation and warehousing3
3%
$150,000SouthState Bank
Loan size mix
  • Under $150,00047%
  • $150,000 to $500,00024%
  • $500,000 to $2 million24%
  • $2 million and up5%
Compared with Florida
Median loan, Palm Bay
$150,000
Median loan, Florida
$250,000
Startup share, Palm Bay
27%
Startup share, Florida
29%
Share of state's SBA loans
0.4%

SBA loans per fiscal year in Palm Bay

0132740FY14: 6 loansFY14FY15: 10 loansFY15FY16: 11 loansFY16FY17: 20 loansFY17FY18: 17 loansFY18FY19: 16 loansFY19FY20: 7 loansFY20FY21: 8 loansFY21FY22: 7 loansFY22FY23: 16 loansFY23FY24: 24 loansFY24FY25: 32 loansFY2532FY26 (Oct to Jun): 17 loansFY2617
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.