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Florida · Mining & Energy
SBA loans for mining & energy in Florida
39 loans worth $38.2M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Florida.
Loans
39
Approved
$38.2M
Median loan
$435,000
+91% vs sector nationally
Median rate
7.00%
Jobs supported
361
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to mining & energy in Florida
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Touchmark National Bank | 2 | $10.0M | |
| Newtek Small Business Finance, Inc. | 3 | $4.4M | |
| Citibank | 4 | $4.0M | |
| Florida First Capital Finance Corporation, Inc. | 1 | $3.6M | |
| UniBank | 2 | $2.3M | |
| Newtek Bank | 1 | $2.1M | |
| Fifth Third Bank | 1 | $1.9M | |
| Valley National Bank | 1 | $1.8M |
Detail
Which industries inside the sector
| Industry | Loans | Share |
|---|---|---|
| Construction Sand and Gravel Mining | 15 | |
| Support Activities for Oil and Gas Operations | 5 | |
| All Other Nonmetallic Mineral Mining | 5 | |
| Crushed and Broken Limestone Mining and Quarrying | 4 | |
| Support Activities for Metal Mining | 4 | |
| Drilling Oil and Gas Wells | 2 | |
| Crude Petroleum Extraction | 2 | |
| Dimension Stone Mining and Quarrying | 1 |
An SBA 7(a) lender for loans this size
The median SBA loan approved for mining & energy in Florida since FY2010 was $435,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Florida
65,125 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Florida?
- 39 SBA loans totalling $38,153,600 have been approved for mining, quarrying, and oil and gas extraction projects in Florida since FY2010.
- Which lenders finance mining & energy in Florida?
- The most active by dollars approved are Touchmark National Bank, Newtek Small Business Finance, Inc., Citibank, Florida First Capital Finance Corporation, Inc.. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Florida?
- The median approval is $435,000, 91% above the national median for this sector ($227,300).
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