Construction lenders in Okaloosa, FL
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
22 institutions have SBA 7(a) loans on record to this industry in Okaloosa, FL, together $19.4M across 55 loans. VelocitySBA, LLC is the largest, with 18% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | VelocitySBA, LLC | 2 | $3.5M | 17.8% |
| 2 | Live Oak Banking Company | 2 | $2.8M | 14.2% |
| 3 | TowneBank | 3 | $2.3M | 11.9% |
| 4 | Pinnacle Bank | 5 | $2.2M | 11.3% |
| 5 | Truist Bank | 4 | $2.1M | 10.7% |
| 6 | Regions Bank | 4 | $1.1M | 5.6% |
| 7 | 1st Financial Bank USA | 1 | $1.0M | 5.1% |
| 8 | BankUnited, National Association | 2 | $854K | 4.4% |
| 9 | United Midwest Savings Bank National Association | 5 | $825K | 4.2% |
| 10 | PNC Bank, National Association | 11 | $671K | 3.5% |
| 11 | Shoreham Bank | 1 | $480K | 2.5% |
| 12 | Newtek Bank, National Association | 1 | $350K | 1.8% |
| 13 | CDC Small Business Finance Corp. | 2 | $340K | 1.7% |
| 14 | Hancock Whitney Bank | 2 | $300K | 1.5% |
| 15 | Bank of America, National Association | 2 | $260K | 1.3% |
| 16 | Celtic Bank Corporation | 2 | $189K | 1.0% |
| 17 | BayFirst National Bank | 1 | $139K | 0.7% |
| 18 | Community Bank of Mississippi | 1 | $75K | 0.4% |
| 19 | United Bank | 1 | $25K | 0.1% |
| 20 | Capital One National Association | 1 | $25K | 0.1% |
| 21 | U.S. Bank, National Association | 1 | $20K | 0.1% |
| 22 | Wells Fargo Bank National Association | 1 | $5K | 0.0% |
See construction lenders nationally
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.