SHANE PIERSON · SBA DATA
SBA by City · Miami, FL

SBA Lending in Miami, Florida

Businesses in Miami, FL have drawn 10,344 SBA 7(a) loans worth $2.5B, and annual volume has grown 20% versus the prior decade.

10,344
7(a) loans
$2.5B
Approved dollars
$238,088
Average loan size
#1
Rank in Florida
+20%
Annualized vs prior decade
24.4%
Active-loan distress

Miami is the #1 SBA 7(a) market in Florida and #5 in the country. Since 1991 lenders have approved 10,344 loans here worth $2.5B, averaging $238,088 each. Annual approval volume has grown 20% between FY2013-2019 and FY2020-2026. 24.4% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is other miscellaneous durable goods merchant wholesalers.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.