170 SBA loans worth $101.6M went to businesses in Vero Beach, FL between October 2021 and June 2026, from 47 lenders. TD Bank made the most, 31 loans. The median loan was $227,500, compared with $250,000 across Florida, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 31 | $2.1M | $40,000 | 32% |
| 2 | iTHINK Financial Credit Union Credit union · Delray Beach, FL | 19 | $14.4M | $300,000 | 32% |
| 3 | Florida First Capital Finance Corporation Certified development company · Tallahassee, FL | 13 | $13.0M | $589,000 | 0% |
| 4 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 10 | $1.7M | $76,750 | 10% |
| 5 | Florida Business Development Certified development company · Tampa, FL | 9 | $9.6M | $948,000 | 11% |
| 6 | Newtek Bank Bank · Miami, FL | 9 | $4.7M | $580,000 | 22% |
| 7 | Northeast Bank Bank · Portland, ME | 7 | $746K | $76,500 | 29% |
| 8 | SouthState Bank Bank · Winter Haven, FL | 5 | $1.1M | $100,000 | 0% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 5 | $246K | $20,000 | 100% |
| 10 | Live Oak Banking Bank · Wilmington, NC | 4 | $2.9M | $225,000 | 25% |
| 11 | First Internet Bank of Indiana Bank · Fishers, IN | 3 | $4.6M | $1,563,000 | 0% |
| 12 | Climate First Bank Bank · St. Petersburg, FL | 3 | $4.2M | $450,000 | 0% |
| 13 | ELGA Credit Union Credit union · Grand Blanc, MI | 3 | $1.7M | $531,000 | 67% |
| 14 | Beacon Bank and Trust Bank · Boston, MA | 3 | $1.4M | $393,000 | 33% |
| 15 | Huntington National Bank Bank · Columbus, OH | 3 | $1.3M | $350,000 | 67% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 32 | $200,000 | TD Bank | |
| Health care and social assistance | 19 | $680,000 | Newtek Bank | |
| Retail | 17 | $105,000 | TD Bank | |
| Administrative and support services | 16 | $102,500 | TD Bank | |
| Other services (repair, personal care) | 16 | $523,000 | iTHINK Financial Credit Union | |
| Professional and technical services | 14 | $142,500 | Northeast Bank | |
| Manufacturing | 11 | $317,000 | Florida Business Development | |
| Restaurants and hotels | 9 | $225,000 | TD Bank |