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List of top SBA lenders and the status of their SBA PPP loan programs – updated daily
Big, nationwide banks were among the largest lenders to “The Sunshine State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Florida:
Fort Lauderdale Jacksonsville Miami Orlando Saint Petersburg Tampa
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | TD Bank | Wilmington, DE | 641 | $81,716 | 9.9% |
| 2 | Wells Fargo | Sioux Falls, SD | 311 | $143,255 | 10.1% |
| 3 | JPMorgan Chase Bank | Columbus, OH | 163 | $151,977 | 9.0% |
| 4 | First Home Bank | Saint Petersburg, FL | 161 | $350,829 | 8.0% |
| 5 | BB&T | Winston Salem, NC | 134 | $655,430 | 7.3% |
| 6 | United Midwest Savings Bank | De Graff, OH | 130 | $155,646 | 8.0% |
| 7 | Newtek Small Business Finance | Lake Success, NY | 107 | $648,376 | 8.2% |
| 8 | Stearns Bank | Saint Cloud, MN | 90 | $280,011 | 8.0% |
| 9 | The Huntington National Bank | Columbus, OH | 74 | $436,985 | 7.7% |
| 10 | Seacoast National Bank | Stuart, FL | 74 | $381,003 | 8.0% |
| 11 | Independence Bank | East Greenwich, RI | 73 | $139,726 | 6.2% |
| 12 | Live Oak | Wilmington, NC | 65 | $1,607,246 | 6.9% |
| 13 | Bank of America | Charlotte, NC | 58 | $625,238 | 6.1% |
| 14 | Celtic Bank | Salt Lake City, UT | 51 | $523,276 | 8.0% |
| 15 | CenterState Bank | Winter Haven, FL | 49 | $1,161,976 | 7.1% |
| 16 | Fifth Third Bank | Cincinnati, OH | 45 | $299,847 | 8.1% |
| 17 | PNC Bank | Wilmington, DE | 44 | $169,955 | 8.1% |
| 18 | Five Star Bank | Rancho Cordova, CA | 41 | $260,610 | 8.0% |
| 19 | BankUnited | Miami Lakes, FL | 40 | $870,173 | 7.4% |
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