SBA Loans for Electronics Stores in Florida: Top Lenders
NAICS 443NAICS 443 covers electronics stores businesses in Florida. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Florida
Median Loan Size
$187,500
per approval
Recent Activity
0
last 90 days through Dec 2020
NAICS 443 covers electronics stores businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $187,500.
Key trends & insights
- Electronics Stores in Florida lending is concentrated — American Momentum Bank, TD Bank, National Association, Wells Fargo Bank, National Association together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- American Momentum Bank leads this industry with 2 approvals (50% market share) and a median loan of $675,000.
- Electronics Stores in Florida loans skew smaller than the SBA average at $187,500 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 2020-12-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electronics Stores in Florida
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $675,000 | |
| 2 | 1 | $25,000 | |
| 3 | 1 | $10,000 |
Recent SBA 7(a) approvals for Electronics Stores in Florida
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2020-12 | American Momentum Bank | Pre*****nc. | LAKE MARY, FL | $350,000 |
| 2020-12 | American Momentum Bank | Pre*****nc. | LAKE MARY, FL | $1,000,000 |
| 2020-08 | TD Bank, National Association | TEC*****INC | Miami, FL | $25,000 |
| 2019-12 | Wells Fargo Bank National Association | FAL*****LLC | MIAMI GARDENS, FL | $10,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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