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SBA lenders in Lake City, FL

Which lenders fund Lake City-area businesses, how much, and how the market compares with Florida: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
136
Total funded
$71.5M
Average loan
$526K
7(a) charge-off
4.8%

Top SBA lenders in the Lake City area

Ranked by SBA volume funded to businesses located in the Lake City micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Florida First Capital Finance Corporation, Inc. 23 $8.7M $379K not reported
2 First Federal Bank 12 $5.0M $420K not reported
3 TD Bank, National Association 30 $3.5M $118K 6.67%
4 Florida Business Development Corporation 6 $2.6M $441K not reported
5 Seacoast National Bank 6 $1.5M $251K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Lake City compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Lake City area $210K ▼ 16.0% 22.8% ▲ 7.5 pts
Florida$250K15.3%
United States$179K11.2%

What gets funded in Lake City

IndustryLoansTotal funded
Accommodation and Food Services 20 $27.1M
Health Care and Social Assistance 28 $17.3M
Other Services 16 $8.2M
Professional and Technical Services 19 $4.8M
Agriculture, Forestry, Fishing 6 $4.6M
Retail Trade 12 $2.9M
Administrative and Support 7 $1.1M
Construction 10 $1.1M

SBA lending in Lake City by year

Geography, precisely

"Lake City area" here means the Lake City, FL micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Columbia County, FL. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.