SBA 7(a) lenders in Sarasota, FL

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

Lenders

138 institutions have SBA 7(a) loans on record in Sarasota, together $810.0M across 1,463 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	8.2%	0.44%
2	The Huntington National Bank	116	$58.5M	7.2%	0.04%
3	Live Oak Banking Company	39	$46.1M	5.7%	0.00%
4	BayFirst National Bank	66	$33.0M	4.1%	2.92%
5	Pinnacle Bank	34	$32.0M	3.9%	6.27%
6	Truist Bank	62	$29.1M	3.6%	2.93%
7	Regions Bank	41	$26.4M	3.3%	0.00%
8	Centennial Bank	36	$25.6M	3.2%	0.31%
9	Wells Fargo Bank National Association	110	$24.4M	3.0%	2.72%
10	Readycap Lending, LLC	20	$21.5M	2.7%	9.54%
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	2.3%	0.00%
14	The Bank of Tampa	23	$17.1M	2.1%	2.24%
15	Celtic Bank Corporation	35	$16.0M	2.0%	7.91%
16	Pathward National Association	5	$14.5M	1.8%	0.00%
17	United Midwest Savings Bank National Association	32	$13.6M	1.7%	0.91%
18	Fifth Third Bank	38	$13.6M	1.7%	28.19%
19	Newtek Bank, National Association	39	$13.4M	1.7%	0.00%
20	First Internet Bank of Indiana	10	$12.0M	1.5%	0.00%
21	Bank of America, National Association	42	$11.7M	1.4%	0.63%
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	1.1%	21.94%
25	Bank OZK	15	$7.7M	0.9%	8.55%
26	PNC Bank, National Association	21	$7.2M	0.9%	0.00%
27	Byline Bank	9	$7.0M	0.9%	0.00%
28	The Bancorp Bank National Association	8	$6.8M	0.8%	0.00%
29	United Community Bank	5	$6.7M	0.8%	0.00%
30	Northeast Bank	31	$6.5M	0.8%	14.38%
31	First Horizon Bank	4	$5.9M	0.7%	0.00%
32	Newtek Small Business Finance, Inc.	15	$5.9M	0.7%	0.00%
33	Banesco USA	11	$5.8M	0.7%	0.00%
34	Seacoast National Bank	9	$5.6M	0.7%	9.20%
35	Metro City Bank	2	$5.4M	0.7%	0.00%
36	Bank Five Nine	2	$5.4M	0.7%	0.00%
37	Hancock Whitney Bank	14	$5.2M	0.6%	0.00%
38	Citizens Bank	7	$5.2M	0.6%	0.00%
39	Millennium Bank	1	$5.0M	0.6%	0.00%
40	Central Bank	1	$5.0M	0.6%	0.00%
41	Bankwell Bank	4	$5.0M	0.6%	0.00%
42	Lake Michigan CU	8	$4.9M	0.6%	0.00%
43	PromiseOne Bank	4	$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	0.6%	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	DFCU Financial	3	$3.8M	0.5%	0.00%
50	MVB Bank, Inc.	1	$3.5M	0.4%	0.00%
51	Milestone Bank	3	$3.5M	0.4%	0.00%
52	Renasant Bank	3	$3.5M	0.4%	0.00%
53	Gulf Coast Bank and Trust Company	6	$3.3M	0.4%	0.00%
54	HomeTrust Bank	5	$3.3M	0.4%	0.00%
55	Paradise Bank	3	$3.2M	0.4%	0.00%
56	Enterprise Bank & Trust	2	$3.1M	0.4%	0.00%
57	Cogent Bank	2	$3.1M	0.4%	0.00%
58	TD Bank, National Association	36	$3.0M	0.4%	1.47%
59	IncredibleBank	2	$3.0M	0.4%	0.00%
60	American Momentum Bank	4	$3.0M	0.4%	0.00%
61	North State Bank	3	$2.7M	0.3%	0.00%
62	1st Financial Bank USA	2	$2.7M	0.3%	0.00%
63	CRF Small Business Loan Company, LLC	6	$2.6M	0.3%	20.40%
64	First Federal Bank	5	$2.6M	0.3%	0.00%
65	22nd State Bank, A Division of 22nd State Banking Company	2	$2.5M	0.3%	0.00%
66	First Merchants Bank	4	$2.5M	0.3%	0.00%
67	Popular Bank	10	$2.5M	0.3%	37.91%
68	FinWise Bank	2	$2.4M	0.3%	0.00%
69	Midwest Regional Bank	4	$2.3M	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	CenTrust Bank, A Division of SmartBiz Bank National Association	4	$800K	0.1%	0.00%
95	Climate First Bank	1	$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	Capital One National Association	6	$720K	0.1%	24.67%
100	Sunshine State Economic Development Corporation	3	$720K	0.1%	0.00%
101	Customers Bank	2	$715K	0.1%	0.00%
102	Simmons Bank	3	$688K	0.1%	0.00%
103	Five Star Bank	4	$685K	0.1%	0.00%
104	First Southern Bank	1	$666K	0.1%	0.00%
105	U.S. Bank, National Association	1	$660K	0.1%	0.00%
106	GTE FCU d/b/a GTE Financial	1	$600K	0.1%	0.00%
107	Crews Bank and Trust	2	$560K	0.1%	0.00%
108	Luminate Bank	1	$560K	0.1%	0.00%
109	Capital Bank, National Association	3	$556K	0.1%	0.00%
110	West Central Development Corporation	3	$510K	0.1%	0.00%
111	Waterfall Bank	1	$508K	0.1%	0.00%
112	First Bank	1	$500K	0.1%	0.00%
113	Truliant FCU	1	$500K	0.1%	0.00%
114	America First Federal Credit Union	1	$480K	0.1%	0.00%
115	Axiom Bank, National Association	1	$428K	0.1%	0.00%
116	Happen Bank	1	$413K	0.1%	0.00%
117	The Freedom Bank of Virginia	1	$404K	0.0%	0.00%
118	Lendistry SBLC, LLC	2	$350K	0.0%	0.00%
119	Regent Bank	1	$333K	0.0%	0.00%
120	Bank of Springfield	1	$331K	0.0%	0.00%
121	Legence Bank	1	$320K	0.0%	0.00%
122	State Bank Financial	1	$300K	0.0%	0.00%
123	Paragon Bank	1	$275K	0.0%	0.00%
124	Magnifi Financial CU	2	$254K	0.0%	0.00%
125	Small Business Bank	2	$245K	0.0%	0.00%
126	First Bank	1	$237K	0.0%	0.00%
127	Gulf Coast Business Bank	1	$234K	0.0%	0.00%
128	CDC Small Business Finance Corp.	1	$225K	0.0%	0.00%
129	iTHINK Financial Credit Union	1	$210K	0.0%	0.00%
130	First Command Bank	1	$205K	0.0%	0.00%
131	Merchants Bank of Indiana	1	$188K	0.0%	0.00%
132	Liberty Savings Bank FSB	1	$160K	0.0%	0.00%
133	Stone Bank	1	$150K	0.0%	0.00%
134	Primis Bank	1	$150K	0.0%	0.00%
135	SoFi Bank, National Association	1	$150K	0.0%	0.00%
136	Sunwest Bank	1	$150K	0.0%	0.00%
137	Financial Center First CU	1	$62K	0.0%	0.00%
138	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.