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SBA lending by metro area

SBA lenders in Miami, FL

Which lenders fund Miami-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
23,545
Total funded
$11.7B
Average loan
$495K
7(a) charge-off
6.6%

Top SBA lenders in the Miami area

Ranked by SBA volume funded to businesses located in the Miami metropolitan 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 Business Development Corporation 1,707 $1.4B $806K not reported
2 Florida First Capital Finance Corporation, Inc. 1,283 $1.3B $1.0M not reported
3 TD Bank, National Association 4,175 $547.7M $131K 12.84%
4 Truist Bank 821 $524.1M $638K 4.99%
5 Wells Fargo Bank National Association 2,136 $452.1M $212K 8.75%
6 Paradise Bank 312 $439.0M $1.4M 2.24%
7 Live Oak Banking Company 344 $420.2M $1.2M 0.87%
8 Newtek Small Business Finance, Inc. 469 $339.9M $725K 2.77%
9 Newtek Bank, National Association 729 $326.2M $447K 0.00%
10 JPMorgan Chase Bank, National Association 1,812 $256.5M $142K 8.28%

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

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How Miami compares

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

Median loan504 share
Miami area $173K ▼ 30.8% 13.3% ▼ 2.0 pts
Florida$250K15.3%
United States$179K11.2%

What gets funded in Miami

IndustryLoansTotal funded
Wholesale Trade 2,920 $1.9B
Health Care and Social Assistance 2,736 $1.6B
Retail Trade 2,498 $1.2B
Manufacturing 1,496 $1.1B
Professional and Technical Services 3,008 $1.1B
Accommodation and Food Services 1,330 $906.3M
Construction 2,511 $879.4M
Other Services 1,885 $753.8M

SBA lending in Miami by year

Geography, precisely

"Miami area" here means the Miami-Fort Lauderdale-West Palm Beach, FL metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Broward County, FL; Miami-Dade County, FL; Palm Beach 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.