# First Bank of the Lake SBA loans in Florida **Short answer:** SBA's loan file shows First Bank of the Lake made 162 SBA loans in Florida since October 2023. 11.1% went through SBA Express, against 4.4% of its loans nationally. Canonical page: https://www.sbaexpress.loans/sba-express-lenders/first-bank-of-the-lake/florida/ Data as of: 2026-06-30 This site is not First Bank of the Lake sbaexpress.loans is not First Bank of the Lake, and First Bank of the Lake did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from First Bank of the Lake. These are the 162 SBA 7(a) loans [First Bank of the Lake](https://www.sbaexpress.loans/sba-express-lenders/first-bank-of-the-lake/) made in [Florida](https://www.sbaexpress.loans/florida-small-business-loans/) approved October 2023 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. ## How First Bank of the Lake differs in Florida **What this means for you.** SBA Express was a more common route for these loans here, so ask First Bank of the Lake about it if your loan is small enough to qualify. ### SBA Express 11.1% of the loans in Florida went through SBA Express, against 4.4% of its loans nationally. SBA Express, share of loans, Oct 2023 to Jun 2026 - Florida: 11.1% - All its U.S. loans: 4.4% We compared 9 measures with the national figure for the same period, and this is the one that differs clearly. One more difference is in the table. ## Florida next to the U.S. **Florida compared with all of First Bank of the Lake's U.S. loans, October 2023 to June 2026** | Measure | Florida | All its U.S. loans | Reading | | --- | --- | --- | --- | | Lender's share of all SBA loans | 1.3% | 0.89% | No clear gap | | Median loan | $349,000 | $314,000 | No clear gap | | Middle half of loans | $196,250 to $587,675 | $150,000 to $583,650 | – | | Startups (the loan opens the business) | 59.9% | 59.5% | No clear gap | | In business 2 years or less | 12.3% | 7.8% | No clear gap | | In business more than 2 years | 21.6% | 28.2% | No clear gap | | Change of ownership | 6.2% | 4.5% | No clear gap | | SBA Express | 11.1% | 4.4% | Clearly higher | | Lines of credit | 10.5% | 4.3% | Clearly higher | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2.5 points over Prime | 2.75 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## What First Bank of the Lake lends to in Florida The 5 industries below account for 45 of the 162 loans approved October 2023 to June 2026, or 27.8%. An industry is listed when it has 5 or more of them, five at most. **Top industries in Florida** | Industry | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [Snack and Nonalcoholic Beverage Bars](https://www.sbaexpress.loans/industries/snack-nonalcoholic-beverage-bars/) | 13 | 8.0% | 5.1% | | [Fitness and Recreational Sports Centers](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/) | 12 | 7.4% | 6.2% | | [Other Services to Buildings and Dwellings](https://www.sbaexpress.loans/industries/other-services-to-buildings-dwellings/) | 7 | 4.3% | Not in top 5 | | [Residential Remodelers](https://www.sbaexpress.loans/industries/residential-remodelers/) | 7 | 4.3% | 4.2% | | [All Other Specialty Trade Contractors](https://www.sbaexpress.loans/industries/all-other-specialty-trade-contractors/) | 6 | 3.7% | 3.4% | Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries. ## First Bank of the Lake in other states Other states where these loans differ clearly from the national pattern, most loans first. **First Bank of the Lake by state** | State | Loans since October 2019 | | --- | --- | | [New York](https://www.sbaexpress.loans/sba-express-lenders/first-bank-of-the-lake/new-york/) | 88 | ## Other lenders in Florida Other lenders in Florida with a clear difference from the national pattern, most loans first. **Other lenders in Florida** | Lender | Loans since October 2019 | | --- | --- | | [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/florida/) | 1,716 | | [Wells Fargo Bank](https://www.sbaexpress.loans/sba-express-lenders/wells-fargo-bank/florida/) | 1,321 | | [BayFirst National Bank](https://www.sbaexpress.loans/sba-express-lenders/bayfirst-national-bank/florida/) | 1,106 | | [SouthState Bank](https://www.sbaexpress.loans/sba-express-lenders/southstate-bank/florida/) | 593 | | [Celtic Bank](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/florida/) | 420 | | [Fifth Third Bank](https://www.sbaexpress.loans/sba-express-lenders/fifth-third-bank/florida/) | 247 | | [Beacon Bank and Trust](https://www.sbaexpress.loans/sba-express-lenders/beacon-bank-and-trust/florida/) | 170 | | [Banesco USA](https://www.sbaexpress.loans/sba-express-lenders/banesco-usa/florida/) | 164 | 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. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2023 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)