SBA Loans for Data Processing in Florida: Top Lenders
NAICS 518NAICS 518 covers data processing, hosting, and related services businesses in Florida. Based on historical SBA 7(a) lending data.
Total Approvals
8
in Florida
Median Loan Size
$161,750
per approval
Recent Activity
0
last 90 days through Jan 2025
NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $161,750.
Key trends & insights
- Data Processing in Florida lending is concentrated — Newtek Bank, National Association, Fifth Third Bank, Synovus Bank together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Newtek Bank, National Association leads this industry with 2 approvals (25% market share) and a median loan of $2,637,500.
- Data Processing in Florida loans skew smaller than the SBA average at $161,750 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2025-01-15 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Data Processing in Florida
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $2,637,500 | |
| 2 | 1 | $263,500 | |
| 3 | 1 | $5,000,000 | |
| 4 | 1 | $20,000 | |
| 5 | 1 | $15,000 | |
| 6 | 1 | $60,000 | |
| 7 | 1 | $25,000 |
Recent SBA 7(a) approvals for Data Processing in Florida
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Wells Fargo Bank National Association | TR *****LLC | SAINT AUGUSTINE, FL | $15,000 |
| 2025-01 | Newtek Bank, National Association | ALL*****NC. | SARASOTA, FL | $575,000 |
| 2024-07 | Readycap Lending, LLC | JUS*****LLC | TALLAHASSEE, FL | $29,500 |
| 2024-01 | Celtic Bank Corporation | Wor*****nc. | Wellington, FL | $60,000 |
| 2024-01 | Newtek Bank, National Association | Lib*****nc. | Tampa, FL | $4,700,000 |
| 2022-08 | Wells Fargo Bank National Association | WAV*****LLC | BOYNTON BEACH, FL | $15,000 |
| 2022-05 | PNC Bank, National Association | SOC*****NC. | DEERFIELD BEACH, FL | $20,000 |
| 2021-05 | Fifth Third Bank | Sma*****LLC | LONGWOOD, FL | $263,500 |
| 2021-05 | Synovus Bank | FA *****LLC | SAINT PETERSBURG, FL | $5,000,000 |
| 2020-01 | TD Bank, National Association | MEE*****LLC | Miami, FL | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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