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SBA lenders in St. Petersburg, FL

SBA 7(a) and 504 loans to businesses in St. Petersburg (Pinellas County), October 2021 to June 30, 2026 · Updated October 15, 2026
494
SBA loans approved
$304.6M
Total approved
$319,450
Median loan
91
Lenders active
39%
To startups

494 SBA loans worth $304.6M went to businesses in St. Petersburg, FL between October 2021 and June 2026, from 91 lenders. Florida Business Development made the most, 47 loans. The median loan was $319,450, compared with $250,000 across Florida, and restaurants and hotels was the most financed industry.

Most active SBA lenders in St. Petersburg

#LenderLoansApprovedMedian loanTo startups
1Florida Business Development
Certified development company · Tampa, FL
47$34.3M$447,00015%
2BayFirst National Bank
Bank · St. Petersburg, FL
41$24.6M$150,00032%
3Huntington National Bank
Bank · Columbus, OH
37$14.2M$250,00065%
4TD Bank
Bank · Wilmington, DE
30$5.3M$48,75037%
5Newtek Bank
Bank · Miami, FL
24$12.5M$212,50025%
6Northeast Bank
Bank · Portland, ME
23$3.4M$125,00030%
7Sunshine State Economic Development
Certified development company · Clearwater, FL
20$16.0M$529,50015%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
13$4.7M$170,00023%
9JPMorgan Chase Bank
Bank · Columbus, OH
13$3.8M$250,00023%
10Hancock Whitney Bank
Bank · Gulfport, MS
12$5.9M$500,00050%
11Wells Fargo Bank
Bank · Sioux Falls, SD
11$180K$15,000100%
12Live Oak Banking
Bank · Wilmington, NC
10$14.1M$292,50020%
13Lake Michigan CU
Credit union · Grand Rapids, MI
9$5.4M$562,50044%
14Bank of America
Bank · Charlotte, NC
9$4.1M$350,00011%
15Byline Bank
Bank · Chicago, IL
8$12.9M$1,215,50038%
7(a) and 504 lenders combined, ranked by number of loans to businesses in St. Petersburg. For 504 loans the lender shown is the certified development company.

What gets financed in St. Petersburg

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels87
18%
$400,000TD Bank
Professional and technical services82
17%
$264,000Florida Business Development
Construction52
11%
$345,250Huntington National Bank
Other services (repair, personal care)50
10%
$350,000Florida Business Development
Health care and social assistance48
10%
$300,000Florida Business Development
Retail34
7%
$237,500BayFirst National Bank
Arts, entertainment and recreation29
6%
$355,500BayFirst National Bank
Manufacturing26
5%
$494,800BayFirst National Bank
Loan size mix
  • Under $150,00023%
  • $150,000 to $500,00040%
  • $500,000 to $2 million30%
  • $2 million and up7%
Compared with Florida
Median loan, St. Petersburg
$319,450
Median loan, Florida
$250,000
Startup share, St. Petersburg
39%
Startup share, Florida
29%
Share of state's SBA loans
1.9%

SBA loans per fiscal year in St. Petersburg

067133200FY14: 48 loansFY14FY15: 77 loansFY15FY16: 74 loansFY16FY17: 73 loansFY17FY18: 73 loansFY18FY19: 70 loansFY19FY20: 51 loansFY20FY21: 75 loansFY21FY22: 89 loansFY22FY23: 96 loansFY23FY24: 115 loansFY24115FY25: 112 loansFY25FY26 (Oct to Jun): 82 loansFY2682
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.