Small business loans in Pensacola, FL
Short answer
The most active SBA lenders in Pensacola, FL since FY2024 are Live Oak Banking Company (16 loans) and The Huntington National Bank (11). The median loan was $268,000, and half fell between $125,000 and $1,200,000. For free help, see the Florida SBDC Network. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 105
- approved since FY2024
- $84.27M
- median loan
- $268,000
- through SBA Express
- 17.1%
Lenders making SBA loans in Pensacola
No lender made more than 15% of the loans in Pensacola, and Live Oak Banking Company made the most. The five largest lenders together made 47%.
| Lender | Loans | Share |
|---|---|---|
| Live Oak Banking Company | 16 | 15.2% |
| The Huntington National Bank | 11 | 10.5% |
| Hancock Whitney Bank | 10 | 9.5% |
| Newtek Bank | 7 | 6.7% |
| Northeast Bank | 5 | 4.8% |
Share is the percent of all Pensacola loans in that period. Each name links to that lender's page for Florida where one exists.
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Local help near Pensacola
Pensacola borrowers can start with SBA's district offices for Florida, an SBDC or SCORE.
35% of Pensacola 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 Pensacola
Pensacola ranks 28th by loans since FY2024 among the 55 Florida cities with 100 or more SBA loans since FY2020. Nationally it is the 199th busiest of the 580 cities that reach 100 loans.
The 105 loans, 0.8% of the 12,780 in Florida, were approved for $84.3 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $268,000, 78% above the national median of $150,300. Half of the loans fell between $125,000 and $1,200,000. The Pensacola median is 18% above the Florida median of $226,250.
| Measure | Pensacola | Florida | U.S. |
|---|---|---|---|
| Loans | 105 | 12,780 | 162,355 |
| Median loan | $268,000 | $226,250 | $150,300 |
| 25th percentile | $125,000 | $90,000 | $50,000 |
| 75th percentile | $1,200,000 | $500,000 | $500,000 |
| Via SBA Express | 17.1% | 30.0% | 35.8% |
| Lines of credit | 14.3% | 26.1% | 28.1% |
| Startups | 23.8% | 15.1% | 16.1% |
| Ownership changes | 21.0% | 10.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 3.0 | 2.75 |
| Charged off | Fewer than 5 | 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.
67% of the loans were $500,000 or less, the size SBA Express covers. 17.1% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 14.3% of loans, below 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, 43.8% of loans went to businesses more than two years old and 11.4% to businesses two years old or younger. Startups received 23.8% and changes of ownership 21.0%. The national startup share is 16.1%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume fell 14% from FY2024 (43 loans) to FY2025 (37), the two latest full years. The busiest full year in the file was FY2024, with 43 loans. FY2026 already shows 25 loans through June 30.
Of the 77 loans Pensacola borrowers received in FY2020 to FY2022, fewer than 5 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 1,239 jobs supported across the 105 loans since FY2024, about 11.8 per loan. SBA does not audit these estimates.
What businesses in Pensacola borrow for
All Other Professional, Scientific, and Technical Services was the largest borrower group in Pensacola, with 5 loans or 4.8% of the total.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| All Other Professional, Scientific, and Technical Services | 5 | 4.8% | 0.8% |
Share is the percent of all Pensacola 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 Pensacola
The median Pensacola loan was $268,000 with a median term of 10 years.
The median variable-rate loan in Pensacola was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $268,000 over 10 years, principal and interest would come to about $3,505 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $125,000 | $1,635 |
| Median loan | $268,000 | $3,505 |
| 75th percentile loan | $1,200,000 | $15,692 |
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 $268,000 is Prime plus 4.5 percentage points, or 11.50% today. The median variable-rate loan here was priced 1.8 points under that ceiling. Source: 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Pensacola loans approved since FY2024 had a median starting rate of 10.49% 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 $250,000 loan and SBA Express payment calculator.
SBA 504 loans near Pensacola
Pensacola has 18 SBA 504 loans since FY2024, with $17.4 million in SBA and CDC dollars.
The median 504 loan in Pensacola was $480,500 in SBA and CDC dollars, 10% 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 25. Florida Business Development Corporation follows with 13. The two CDCs listed are named on 38 loans between them.
| Certified Development Company | 504 loans |
|---|---|
| Florida First Capital Finance Corporation, Inc. | 25 |
| Florida Business Development Corporation | 13 |
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 Pensacola
Pensacola made up 0.8% of Florida's SBA loans since FY2024.
Pensacola 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.
Common questions about SBA loans in Pensacola
Which lenders make the most SBA loans in Pensacola?
Live Oak Banking Company leads with 16 loans in Pensacola since FY2024. The Huntington National Bank (11) and Hancock Whitney Bank (10) follow. Only lenders with five or more Pensacola loans are counted.
Which industries get SBA loans in Pensacola?
All Other Professional, Scientific, and Technical Services leads with 5 loans in Pensacola since FY2024.
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)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Pensacola, FL. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/florida-small-business-loans/pensacola/
Ask lending partners about a loan in Pensacola
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.