Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Florida.
In 2022 there were 204 SBA lenders that approved 3,750 SBA 7(a) loans for projects in Florida totaling $2,225,530,200. The average loan amount was $593,475. Borrowers from 345 cities were approved for projects in Florida for 515 industries. The SBA loan approvals in 2022 represent 43,623 jobs supported or saved in Florida.
There were 276 franchise branded businesses receiving 535 loan approvals for $352,615,400 with an average loan amount of $659,094.
Our forecast model projects $2.3 billion in total Florida SBA 7(a) loan approval amounts in 2023 with $394 million to franchise businesses.
Florida Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Florida Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
