Local lending data
Who lends to businesses in Saint Lucie County?
223 SBA 7(a) loans went to businesses in Saint Lucie County recently, at a median of $150,000. The lenders that made them, ranked, with local rates and startup share.
223 SBA 7(a) loans went to businesses in Saint Lucie County in the most recent fiscal years, at a median of $150,000. The most active lender was TD Bank, with 23 loans.
SBA lending in Saint Lucie County, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Saint Lucie County | Florida | National |
|---|---|---|---|
| Loans approved | 223 | 16,898 | 214,102 |
| Median loan | $150,000 | $215,000 | $150,000 |
| 25th - 75th percentile | $63,600 - $500,000 | $80,000 - $500,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 10.75% | 10.50% | 10.25% |
| Share to startups | 35.9% | 30.7% | 33.6% |
| Charge-off rate, FY2010-19 | 10.4% | 10.6% | 7.1% |
| Jobs supported | 2,069 | 170,625 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Saint Lucie County. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| TD Bank | 23 | $55,000 | 26% | 11.50% |
| Wells Fargo Bank | 16 | $15,000 | 100% | 13.62% |
| Northeast Bank | 14 | $91,800 | 29% | 11.25% |
| Readycap Lending, LLC | 12 | $50,000 | 0% | 14.75% |
| BayFirst National Bank | 11 | $150,000 | 9% | 11.75% |
| iTHINK Financial Credit Union | 10 | $390,000 | 50% | 10.38% |
| SouthState Bank | 10 | $100,000 | 0% | 10.75% |
| Live Oak Banking Company | 10 | $400,000 | 30% | 9.85% |
| Celtic Bank Corporation | 9 | $497,500 | 22% | 10.25% |
| The Huntington National Bank | 8 | $348,500 | 62% | 10.50% |
What stands out here
Reading these figures against the national picture:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- Startup share is about average, at 36% against 34% nationally.
- Lending here is fragmented. The top three lenders made only 24% of these loans between them, so no single institution owns this market. That is good news: it means shopping genuinely pays.
- Rates run higher here. The median initial rate of 10.75% is 0.50 points above the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
- Lenders have been burned here before. 10.4% of loans to this market from the FY2010-2019 cohorts were charged off, against 7.1% overall. That history is why underwriting in this sector is tighter than the numbers alone would suggest — it is not personal.
Who borrows in Saint Lucie County
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 44 | 19.7% |
| Healthcare | 31 | 13.9% |
| Personal Services | 24 | 10.8% |
| Restaurants and Hotels | 21 | 9.4% |
| Trucking | 19 | 8.5% |
| Admin Services | 19 | 8.5% |
| Professional Services | 14 | 6.3% |
| Retail | 13 | 5.8% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year — see choosing an SBA lender.
- Check your coverage first with the affordability calculator, so you ask for a number your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across Florida.
Other counties in Florida
- Nearby markets with published data: Miami-dade County, Broward County, Palm Beach County, Orange County, Hillsborough County, Pinellas County, Duval County, Lee County