33 SBA loans worth $11.8M went to businesses in Merritt Island, FL between October 2021 and June 2026, from 18 lenders. Huntington National Bank made the most, 4 loans. The median loan was $250,000, compared with $250,000 across Florida, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 4 | $1.0M | $192,500 | 100% |
| 2 | Wells Fargo Bank Bank · Sioux Falls, SD | 4 | $95K | $22,500 | 100% |
| 3 | Bank of America Bank · Charlotte, NC | 3 | $2.4M | $500,000 | 33% |
| 4 | TD Bank Bank · Wilmington, DE | 3 | $625K | $250,000 | 67% |
| 5 | Northeast Bank Bank · Portland, ME | 3 | $600K | $250,000 | 33% |
| 6 | Newtek Bank Bank · Miami, FL | 2 | $1.1M | $550,000 | 50% |
| 7 | CDC Small Business Finance Non-bank lender · San Diego, CA | 2 | $430K | $215,000 | 100% |
| 8 | PNC Bank Bank · Wilmington, DE | 2 | $40K | $20,000 | 50% |
| 9 | Touchmark National Bank Bank · Alpharetta, GA | 1 | $1.2M | $1,171,600 | 100% |
| 10 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $1.0M | $1,000,000 | 0% |
| 11 | ELGA Credit Union Credit union · Grand Blanc, MI | 1 | $659K | $659,000 | 0% |
| 12 | Evolve Bank and Trust Bank · West Memphis, AR | 1 | $654K | $654,500 | 0% |
| 13 | First Merchants Bank Bank · Muncie, IN | 1 | $589K | $589,000 | 100% |
| 14 | First National Bank of Pennsylvania Bank · Greenville, PA | 1 | $420K | $420,400 | 100% |
| 15 | Florida Business Development Certified development company · Tampa, FL | 1 | $351K | $351,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 7 | $250,000 | TD Bank | |
| Professional and technical services | 6 | $90,000 | Bank of America | |
| Other services (repair, personal care) | 5 | $350,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 5 | $350,000 | Huntington National Bank | |
| Retail | 4 | $67,500 | Wells Fargo Bank | |
| Restaurants and hotels | 2 | $915,300 | ELGA Credit Union | |
| Health care and social assistance | 2 | $225,200 | Wells Fargo Bank | |
| Administrative and support services | 1 | $1,802,000 | Bank of America |