41 SBA loans worth $23.5M went to businesses in Palm City, FL between October 2021 and June 2026, from 24 lenders. Wells Fargo Bank made the most, 5 loans. The median loan was $225,000, compared with $250,000 across Florida, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank Bank · Sioux Falls, SD | 5 | $120K | $20,000 | 100% |
| 2 | Huntington National Bank Bank · Columbus, OH | 4 | $2.1M | $294,750 | 50% |
| 3 | Seacoast National Bank Bank · Stuart, FL | 3 | $2.9M | $225,000 | 33% |
| 4 | TD Bank Bank · Wilmington, DE | 3 | $685K | $100,000 | 0% |
| 5 | First Internet Bank of Indiana Bank · Fishers, IN | 2 | $4.4M | $2,200,000 | 0% |
| 6 | Florida First Capital Finance Corporation Certified development company · Tallahassee, FL | 2 | $2.5M | $1,230,500 | 0% |
| 7 | SouthState Bank Bank · Winter Haven, FL | 2 | $1.1M | $541,000 | 0% |
| 8 | Bank of America Bank · Charlotte, NC | 2 | $500K | $250,000 | 0% |
| 9 | PNC Bank Bank · Wilmington, DE | 2 | $369K | $184,500 | 50% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $350K | $175,000 | 0% |
| 11 | Bankwell Bank Bank · New Canaan, CT | 1 | $3.3M | $3,328,000 | 100% |
| 12 | Truist Bank Bank · Charlotte, NC | 1 | $1.9M | $1,859,900 | 0% |
| 13 | Gulf Coast Bank and Trust Bank · New Orleans, LA | 1 | $747K | $747,000 | 0% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $661K | $661,000 | 0% |
| 15 | Milestone Bank Bank · Salt Lake City, UT | 1 | $355K | $355,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 11 | $250,000 | Huntington National Bank | |
| Restaurants and hotels | 6 | $704,000 | Hanmi Bank | |
| Administrative and support services | 5 | $190,500 | Huntington National Bank | |
| Professional and technical services | 4 | $132,500 | Bank of America | |
| Real estate and rental | 3 | $220,000 | Seacoast National Bank | |
| Wholesale trade | 3 | $500,000 | First Internet Bank of Indiana | |
| Manufacturing | 3 | $274,000 | Truist Bank | |
| Agriculture, forestry and fishing | 1 | $20,000 | Wells Fargo Bank |