Small business loans in Boca Raton, FL
Short answer
The most active SBA lenders in Boca Raton, FL since FY2024 are TD Bank (27 loans) and Newtek Bank (23). The median loan was $170,000, and half fell between $100,000 and $486,600. For free help, see the Florida SBDC Network. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 245
- approved since FY2024
- $107.44M
- median loan
- $170,000
- through SBA Express
- 33.9%
Lenders making SBA loans in Boca Raton
No lender made more than 11% of the loans in Boca Raton, and TD Bank made the most. The five largest lenders together made 43%.
| Lender | Loans | Share |
|---|---|---|
| TD Bank | 27 | 11.0% |
| Newtek Bank | 23 | 9.4% |
| JPMorgan Chase Bank | 20 | 8.2% |
| Readycap Lending, LLCNon-bank lender | 20 | 8.2% |
| The Huntington National Bank | 16 | 6.5% |
Share is the percent of all Boca Raton loans in that period. Each name links to that lender's page for Florida where one exists.
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Start my loan requestJanover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.
Local help near Boca Raton
Boca Raton borrowers can start with SBA's district offices for Florida, an SBDC or SCORE.
24% of Boca Raton borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
SBA runs two district offices that cover Florida. Each page points to state and federal resources and to lenders in its area. The Florida SBDC Network gives free counseling across Florida.
- SBA North Florida District Office (Jacksonville and Orlando)SBA district office
- SBA South Florida District Office (Miami, Fort Pierce and Tampa)SBA district office
- Florida SBDC Network (University of West Florida)Small Business Development Center
- SCORE mentors in FloridaBusiness mentoring
Alongside SBA loans, Florida runs a loan program. The Florida page describes it, and the official page is linked here.
Loan counts and sizes in Boca Raton
Boca Raton ranks 6th by loans since FY2024 among the 55 Florida cities with 100 or more SBA loans since FY2020. Nationally it is the 54th busiest of the 580 cities that reach 100 loans.
The 245 loans, 1.9% of the 12,780 in Florida, were approved for $107.4 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $170,000, 13% above the national median of $150,300. Half of the loans fell between $100,000 and $486,600. The Boca Raton median is 25% below the Florida median of $226,250.
| Measure | Boca Raton | Florida | U.S. |
|---|---|---|---|
| Loans | 245 | 12,780 | 162,355 |
| Median loan | $170,000 | $226,250 | $150,300 |
| 25th percentile | $100,000 | $90,000 | $50,000 |
| 75th percentile | $486,600 | $500,000 | $500,000 |
| Via SBA Express | 33.9% | 30.0% | 35.8% |
| Lines of credit | 29.4% | 26.1% | 28.1% |
| Startups | 11.0% | 15.1% | 16.1% |
| Ownership changes | 9.0% | 10.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 3.0 | 2.75 |
| Charged off | 7.6% | 6.1% | 3.6% |
A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.
81% of the loans were $500,000 or less, the size SBA Express covers. 33.9% of all loans went through SBA Express, close to the national 35.8%. Lines of credit were 29.4% of loans, close to the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
By business age, 66.9% of loans went to businesses more than two years old and 12.7% to businesses two years old or younger. Startups received 11.0% and changes of ownership 9.0%. The national startup share is 16.1%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume fell 18% from FY2024 (103 loans) to FY2025 (84), the two latest full years. The busiest full year in the file was FY2024, with 103 loans. FY2026 already shows 58 loans through June 30.
Of the 131 loans Boca Raton borrowers received in FY2020 to FY2022, 7.6% were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. Lenders reported 2,379 jobs supported across the 245 loans since FY2024, about 9.7 per loan. SBA does not audit these estimates.
What businesses in Boca Raton borrow for
All Other Professional, Scientific, and Technical Services was the largest borrower group in Boca Raton, with 9 loans or 3.7% of the total.
The five largest industries made up 16% of all Boca Raton loans.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| All Other Professional, Scientific, and Technical Services | 9 | 3.7% | 0.8% |
| Beauty Salons | 9 | 3.7% | 1.5% |
| Marketing Consulting Services | 9 | 3.7% | 0.5% |
| All Other Specialty Trade Contractors | 7 | 2.9% | 1.7% |
| Other Miscellaneous Durable Goods Merchant Wholesalers | 6 | 2.4% | 0.4% |
Share is the percent of all Boca Raton loans in that period. Industry is the NAICS code on each loan. A name links to the Florida page for that industry where one exists.
A typical loan payment in Boca Raton
The median Boca Raton loan was $170,000 with a median term of 10 years.
The median variable-rate loan in Boca Raton was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $170,000 over 10 years, principal and interest would come to about $2,223 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $100,000 | $1,308 |
| Median loan | $170,000 | $2,223 |
| 75th percentile loan | $486,600 | $6,363 |
Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.
SBA's rate ceiling for this loan size
SBA's maximum for a loan of $170,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.2 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Boca Raton loans approved since FY2024 had a median starting rate of 10.55% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.
Run your own numbers: payments on a $175,000 loan and SBA Express payment calculator.
SBA 504 loans near Boca Raton
Boca Raton has 10 SBA 504 loans since FY2024, with $12.9 million in SBA and CDC dollars.
The median 504 loan in Boca Raton was $923,000 in SBA and CDC dollars, 18% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.
Florida First Capital Finance Corporation, Inc. is the Certified Development CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) named on the most loans since FY2020, with 10. Florida Business Development Corporation follows with 7. The two CDCs listed are named on 17 loans between them.
| Certified Development Company | 504 loans |
|---|---|
| Florida First Capital Finance Corporation, Inc. | 10 |
| Florida Business Development Corporation | 7 |
How a 504 loan is split
A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
Florida cities near Boca Raton
Boca Raton made up 1.9% of Florida's SBA loans since FY2024.
Boca Raton is one of 55 Florida cities with 100 or more SBA loans since FY2020. The Florida page covers all 12,780 loans in Florida. The closest come first, ranked by county and ZIP code on their loans.
- Boynton Beach105 loans, median $250,000
- Delray Beach121 loans, median $150,000
- West Palm Beach217 loans, median $250,000
- Palm Beach Gardens57 loans, median $280,000
- Jupiter96 loans, median $286,000
- Lake Worth64 loans, median $100,000
- Deerfield Beach49 loans, median $150,000
- Brandon54 loans, median $238,500
Common questions about SBA loans in Boca Raton
Which lenders make the most SBA loans in Boca Raton?
TD Bank leads with 27 loans in Boca Raton since FY2024. Newtek Bank (23) and JPMorgan Chase Bank (20) follow. Only lenders with five or more Boca Raton loans are counted.
Which industries get SBA loans in Boca Raton?
All Other Professional, Scientific, and Technical Services leads with 9 loans in Boca Raton since FY2024. Beauty Salons (9) and Marketing Consulting Services (9) follow.
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. How we build these pages.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA North Florida District Office (Jacksonville and Orlando)
- SBA South Florida District Office (Miami, Fort Pierce and Tampa)
- Florida SBDC Network (University of West Florida)
- SCORE, Florida
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Boca Raton, FL. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/florida-small-business-loans/boca-raton/
Ask lending partners about a loan in Boca Raton
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.