SBA North Florida District Achieves Record-Breaking Lending for FY2025

JACKSONVILLE, FL — The U.S. Small Business Administration's North Florida District Office, serving 43 counties from Orlando to the Panhandle, announced today that it supported nearly $1.2 billion in small business lending during federal fiscal year 2025 (FY25) - a 21% increase over FY24.  The fiscal year ended Sept. 30.

FY 25 marks the first time in the district's history that traditional lending surpassed $1 billion in a single year.

The district guaranteed 1,919 small business loans through the 7(a), 504 and Microloan programs - an increase of 10% compared to FY24.

“I'm incredibly proud of this record-breaking year for North Florida's small businesses," said Jonel Hein, SBA North Florida District Director.  “Thanks to a strong network of lenders, partners and stakeholders across our district, access to capital continues to expand.  In FY25, lending climbed to nearly $1.2 billion, and more than 170 additional small businesses received financing compared to the previous year.  With the dedication of our North Florida team, our district-wide ‘Bust-A-Billion’ campaign played a key role in this success by prioritizing borrower and lender education and increasing awareness of SBA programs.”

County Highlights

Orange County:

507 SBA 7(a) and 504 loans in FY25 (up from 481 in FY24, a 5% increase), totaling $278.1 million (up from $257.4 million)

Duval County:

269 SBA 7(a) and 504 loans in FY25 (up from 226 in FY24, a 19% increase), with loan volume rising to $177.1 million (up from $145.6 million).

Seminole County:

160 SBA 7(a) and 504 loans in FY25 (up from 143 in FY24, an 11% increase), totaling $103.7 million (up from $62.6 million).

St. Johns County:

132 SBA 7(a) and 504 loans in FY25 (up from 101 in FY24, a 31% increase), totaling $79.4 million (up from $51.3 million).

National SBA Lending

Nationally, the SBA guaranteed more than 84,000 loans totaling over $45 billion in FY25, including:

6,762 loans totaling $7.8 billion through the 504 program

78,078 loans totaling $37 billion through the 7(a) program

4,607 loans totaling $74.3 million through the Microloan program

SBA Support for Small Manufacturers

In March 2025, SBA launched the Made in America Manufacturing Initiative to strengthen U.S. supply chains and expand support for small manufacturers.  As part of this effort, SBA introduced a first-ever loan program dedicated to American manufacturers, expanding access to affordable capital.

In the North Florida District, small manufacturers received 87 loans (up from 71 in FY24, a 22% increase) totaling nearly $64 million through the 7(a) and 504 loan programs in FY25.

To learn more about the SBA North Florida District, visits sba.gov/northflorida.

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About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality.  As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.