SBA 7(a) lenders in Sarasota, FL

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

142 institutions have SBA 7(a) loans on record in Sarasota, together $836.5M across 1,502 loans. SouthState Bank, National Association is the largest, with 8% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	SouthState Bank, National Association	68	$66.4M	7.9%	0.44%
2	The Huntington National Bank	118	$59.6M	7.1%	0.54%
3	Live Oak Banking Company	45	$49.2M	5.9%	0.30%
4	Truist Bank	63	$33.3M	4.0%	2.56%
5	BayFirst National Bank	66	$33.0M	3.9%	2.92%
6	Pinnacle Bank	34	$32.0M	3.8%	6.27%
7	Regions Bank	43	$27.1M	3.2%	0.00%
8	Wells Fargo Bank National Association	111	$26.2M	3.1%	2.53%
9	Centennial Bank	36	$25.6M	3.1%	0.31%
10	Readycap Lending, LLC	21	$21.6M	2.6%	9.49%
11	JPMorgan Chase Bank, National Association	74	$20.6M	2.5%	0.77%
12	Stearns Bank National Association	46	$18.9M	2.3%	6.93%
13	Valley National Bank	12	$18.6M	2.2%	0.00%
14	The Bank of Tampa	23	$17.1M	2.0%	2.24%
15	Celtic Bank Corporation	35	$16.0M	1.9%	9.76%
16	First Internet Bank of Indiana	12	$14.8M	1.8%	0.00%
17	Pathward National Association	5	$14.5M	1.7%	0.00%
18	Newtek Bank, National Association	46	$14.4M	1.7%	0.00%
19	United Midwest Savings Bank National Association	33	$13.8M	1.6%	0.90%
20	Fifth Third Bank	38	$13.6M	1.6%	28.19%
21	Bank of America, National Association	43	$13.4M	1.6%	0.55%
22	Gulfside Bank	12	$9.8M	1.2%	0.00%
23	First Bank of the Lake	11	$8.9M	1.1%	0.00%
24	Achieva CU	13	$8.8M	1.0%	21.94%
25	PromiseOne Bank	5	$8.7M	1.0%	0.00%
26	Bank OZK	15	$7.7M	0.9%	8.55%
27	Banesco USA	12	$7.3M	0.9%	0.00%
28	PNC Bank, National Association	21	$7.2M	0.9%	0.00%
29	Byline Bank	9	$7.0M	0.8%	0.00%
30	The Bancorp Bank National Association	8	$6.8M	0.8%	0.00%
31	United Community Bank	5	$6.7M	0.8%	0.00%
32	Northeast Bank	32	$6.6M	0.8%	14.16%
33	First Horizon Bank	4	$5.9M	0.7%	0.00%
34	Lender 2057189	15	$5.9M	0.7%	0.00%
35	Seacoast National Bank	9	$5.6M	0.7%	9.20%
36	Metro City Bank	2	$5.4M	0.6%	0.00%
37	Bank Five Nine	2	$5.4M	0.6%	0.00%
38	Hancock Whitney Bank	14	$5.2M	0.6%	0.00%
39	Citizens Bank	7	$5.2M	0.6%	0.00%
40	Millennium Bank	1	$5.0M	0.6%	0.00%
41	Central Bank	1	$5.0M	0.6%	0.00%
42	Bankwell Bank	4	$5.0M	0.6%	0.00%
43	Lake Michigan CU	8	$4.9M	0.6%	0.00%
44	BankUnited, National Association	14	$4.9M	0.6%	15.22%
45	First National Bank of Pennsylvania	8	$4.6M	0.5%	11.42%
46	Meridian Bank	6	$4.4M	0.5%	0.00%
47	All Capital Bank	2	$4.2M	0.5%	0.00%
48	Colony Bank	6	$4.1M	0.5%	0.00%
49	Midwest Regional Bank	6	$3.9M	0.5%	0.00%
50	DFCU Financial	3	$3.8M	0.5%	0.00%
51	First Federal Bank	6	$3.8M	0.5%	0.00%
52	MVB Bank, Inc.	1	$3.5M	0.4%	0.00%
53	HomeTrust Bank	6	$3.5M	0.4%	0.00%
54	Milestone Bank	3	$3.5M	0.4%	0.00%
55	Renasant Bank	3	$3.5M	0.4%	0.00%
56	Gulf Coast Bank and Trust Company	6	$3.3M	0.4%	0.00%
57	Paradise Bank	3	$3.2M	0.4%	0.00%
58	Enterprise Bank & Trust	2	$3.1M	0.4%	0.00%
59	Cogent Bank	2	$3.1M	0.4%	0.00%
60	TD Bank, National Association	36	$3.0M	0.4%	1.47%
61	IncredibleBank	2	$3.0M	0.4%	0.00%
62	American Momentum Bank	4	$3.0M	0.4%	0.00%
63	North State Bank	3	$2.7M	0.3%	0.00%
64	1st Financial Bank USA	2	$2.7M	0.3%	0.00%
65	CRF Small Business Loan Company, LLC	6	$2.6M	0.3%	20.40%
66	22nd State Bank, A Division of 22nd State Banking Company	2	$2.5M	0.3%	0.00%
67	First Merchants Bank	4	$2.5M	0.3%	0.00%
68	Popular Bank	10	$2.5M	0.3%	37.91%
69	FinWise Bank	2	$2.4M	0.3%	0.00%
70	First-Citizens Bank & Trust Company	13	$2.3M	0.3%	5.54%
71	Beacon Bank and Trust	3	$2.2M	0.3%	0.00%
72	Banc of California	1	$2.1M	0.3%	0.00%
73	Shoreham Bank	2	$2.1M	0.3%	59.38%
74	Encore Bank	3	$1.9M	0.2%	0.00%
75	First State Bank of Middlebury	2	$1.9M	0.2%	0.00%
76	Waukegan Savings Bank	1	$1.8M	0.2%	0.00%
77	Busey Bank	2	$1.6M	0.2%	0.00%
78	United FCU	2	$1.5M	0.2%	0.00%
79	First Business Bank	2	$1.5M	0.2%	0.00%
80	VelocitySBA, LLC	24	$1.4M	0.2%	2.00%
81	Evolve Bank and Trust	3	$1.4M	0.2%	0.00%
82	Columbia Bank	10	$1.4M	0.2%	10.48%
83	Old National Bank	2	$1.4M	0.2%	0.00%
84	BMO Bank National Association	6	$1.3M	0.2%	6.51%
85	T Bank, National Association	1	$1.2M	0.1%	0.00%
86	Coastal States Bank	1	$1.2M	0.1%	0.00%
87	First Commonwealth Bank	2	$1.1M	0.1%	0.00%
88	Republic Bank & Trust Company	3	$1.1M	0.1%	0.00%
89	The MINT National Bank	1	$1.1M	0.1%	0.00%
90	Ameris Bank	2	$990K	0.1%	0.00%
91	Independence Bank	7	$975K	0.1%	60.02%
92	Leader Bank, National Association	1	$925K	0.1%	0.00%
93	Embassy National Bank	1	$914K	0.1%	0.00%
94	Climate First Bank	1	$800K	0.1%	0.00%
95	CenTrust Bank, A Division of SmartBiz Bank National Association	4	$800K	0.1%	0.00%
96	Sanibel Captiva Community Bank	1	$783K	0.1%	0.00%
97	Woodlands National Bank	1	$750K	0.1%	0.00%
98	Port 51 Lending LLC	1	$747K	0.1%	0.00%
99	Sunshine State Economic Development Corporation	3	$720K	0.1%	0.00%
100	Capital One National Association	6	$720K	0.1%	24.67%
101	U.S. Bank, National Association	2	$716K	0.1%	0.00%
102	Customers Bank	2	$715K	0.1%	0.00%
103	Simmons Bank	3	$688K	0.1%	0.00%
104	Five Star Bank	4	$685K	0.1%	0.00%
105	First Southern Bank	1	$666K	0.1%	0.00%
106	GTE FCU d/b/a GTE Financial	1	$600K	0.1%	0.00%
107	Luminate Bank	1	$560K	0.1%	0.00%
108	Crews Bank and Trust	2	$560K	0.1%	0.00%
109	Capital Bank, National Association	3	$556K	0.1%	0.00%
110	Lendistry SBLC, LLC	4	$545K	0.1%	0.00%
111	West Central Development Corporation	3	$510K	0.1%	0.00%
112	Waterfall Bank	1	$508K	0.1%	0.00%
113	First Bank	1	$500K	0.1%	0.00%
114	Truliant FCU	1	$500K	0.1%	0.00%
115	Magnifi Financial CU	3	$485K	0.1%	0.00%
116	America First Federal Credit Union	1	$480K	0.1%	0.00%
117	Axiom Bank, National Association	1	$428K	0.1%	0.00%
118	Happen Bank	1	$413K	0.0%	0.00%
119	The Freedom Bank of Virginia	1	$404K	0.0%	0.00%
120	Regent Bank	1	$333K	0.0%	0.00%
121	Bank of Springfield	1	$331K	0.0%	0.00%
122	Legence Bank	1	$320K	0.0%	0.00%
123	State Bank Financial	1	$300K	0.0%	0.00%
124	Harvest Small Business Finance, LLC	1	$295K	0.0%	0.00%
125	Paragon Bank	1	$275K	0.0%	0.00%
126	American Bank of Commerce	1	$272K	0.0%	0.00%
127	Small Business Bank	2	$245K	0.0%	0.00%
128	First Bank	1	$237K	0.0%	0.00%
129	Gulf Coast Business Bank	1	$234K	0.0%	0.00%
130	CDC Small Business Finance Corp.	1	$225K	0.0%	0.00%
131	iTHINK Financial Credit Union	1	$210K	0.0%	0.00%
132	First Command Bank	1	$205K	0.0%	0.00%
133	Suncoast CU	1	$197K	0.0%	0.00%
134	Merchants Bank of Indiana	1	$188K	0.0%	0.00%
135	DR Bank	1	$170K	0.0%	0.00%
136	Liberty Savings Bank FSB	1	$160K	0.0%	0.00%
137	Stone Bank	1	$150K	0.0%	0.00%
138	SoFi Bank, National Association	1	$150K	0.0%	0.00%
139	Primis Bank	1	$150K	0.0%	0.00%
140	Sunwest Bank	1	$150K	0.0%	0.00%
141	Financial Center First CU	1	$62K	0.0%	0.00%
142	Bridgewater Bank	1	$40K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Construction	173	$115.3M	14.2%
2	Accommodation & food services	151	$110.2M	13.6%
3	Health care & social assistance	161	$89.3M	11.0%
4	Professional & technical services	179	$83.2M	10.3%
5	Other services	146	$73.1M	9.0%
6	Retail trade	92	$59.3M	7.3%
7	Administrative & waste services	106	$45.1M	5.6%
8	Wholesale trade	71	$41.3M	5.1%
9	Manufacturing	56	$33.8M	4.2%
10	Retail trade	83	$26.2M	3.2%
11	Real estate & leasing	45	$25.5M	3.2%
12	Arts, entertainment & recreation	48	$23.7M	2.9%
13	Manufacturing	20	$22.6M	2.8%
14	Information	19	$17.1M	2.1%
15	Finance & insurance	34	$16.8M	2.1%
16	Transportation & warehousing	31	$9.0M	1.1%
17	Manufacturing	14	$6.8M	0.8%
18	Educational services	22	$6.2M	0.8%
19	Utilities	4	$2.6M	0.3%
20	Transportation & warehousing	4	$1.6M	0.2%
21	Agriculture, forestry & fishing	4	$1.2M	0.1%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

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.