57 SBA loans worth $32.8M went to businesses in Destin, FL between October 2021 and June 2026, from 23 lenders. Hancock Whitney Bank made the most, 8 loans. The median loan was $262,000, compared with $250,000 across Florida, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Hancock Whitney Bank Bank · Gulfport, MS | 8 | $3.8M | $295,900 | 100% |
| 2 | Huntington National Bank Bank · Columbus, OH | 5 | $3.3M | $338,000 | 60% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 5 | $1.1M | $250,500 | 20% |
| 4 | Florida Business Development Certified development company · Tampa, FL | 4 | $1.4M | $171,500 | 25% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 4 | $558K | $112,200 | 25% |
| 6 | Bank of America Bank · Charlotte, NC | 3 | $1.4M | $250,000 | 0% |
| 7 | Newtek Bank Bank · Miami, FL | 3 | $1.0M | $100,000 | 100% |
| 8 | First Bank of the Lake Bank · Osage Beach, MO | 3 | $884K | $300,000 | 100% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $705K | $25,000 | 100% |
| 10 | First Internet Bank of Indiana Bank · Fishers, IN | 2 | $5.8M | $2,924,000 | 50% |
| 11 | VelocitySBA Non-bank lender · Irving, TX | 2 | $5.4M | $2,690,000 | 0% |
| 12 | Bancorp Bank Bank · Sioux Falls, SD | 2 | $1.5M | $734,000 | 50% |
| 13 | Celtic Bank Bank · Salt Lake City, UT | 2 | $942K | $471,000 | 50% |
| 14 | Community Bank of Mississippi Bank · Flowood, MS | 2 | $560K | $279,750 | 50% |
| 15 | Gulf Coast Bank and Trust Bank · New Orleans, LA | 1 | $1.3M | $1,323,400 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 17 | $465,000 | Huntington National Bank | |
| Retail | 7 | $180,000 | Hancock Whitney Bank | |
| Transportation and warehousing | 6 | $403,750 | Bank of America | |
| Health care and social assistance | 4 | $200,000 | First Bank of the Lake | |
| Administrative and support services | 4 | $100,000 | Wells Fargo Bank | |
| Other services (repair, personal care) | 4 | $62,200 | BayFirst National Bank | |
| Arts, entertainment and recreation | 3 | $559,000 | Bancorp Bank | |
| Professional and technical services | 3 | $500,000 | Huntington National Bank |