Sunshine State Economic Development Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Sunshine State Economic Development Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 3 | $441K | $147K | 5.9% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 | $500K | $250K | 3.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 2 | $150K | $75K | 3.9% |
| 722511 | Full-Service Restaurants | 2 | $266K | $133K | 3.9% |
| 311811 | Retail Bakeries | 2 | $665K | $333K | 3.9% |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 | $554K | $277K | 3.9% |
| 812990 | All Other Personal Services | 2 | $443K | $221K | 3.9% |
| 812112 | Beauty Salons | 2 | $127K | $63K | 3.9% |
| 624410 | Child Care Services | 1 | $77K | $77K | 2.0% |
| 339920 | Sporting and Athletic Goods Manufacturing | 1 | $250K | $250K | 2.0% |
Geographic Distribution
SBA lending activity for Sunshine State Economic Development Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 51 | $8.1M | 100.0% |
Why Choose Sunshine State Economic Development Corporation?
Based on SBA 7(a) lending track record from 2014-2025
- ✓Proven Track Record: 51 SBA loans approved, totaling $8.1M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Snack and Nonalcoholic Beverage Bars, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 9.43% with flexible term lengths averaging 115 months
- ✓Loan Range: Loan sizes from $31K to $350K, with an average of $159K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in FL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Sunshine State Economic Development Corporation SBA lending
What types of businesses does Sunshine State Economic Development Corporation typically finance?
Sunshine State Economic Development Corporation specializes in SBA 7(a) lending to specific industries including limited-service restaurants, snack and nonalcoholic beverage bars, plumbing, heating, and air-conditioning contractors, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Sunshine State Economic Development Corporation's typical SBA loan terms?
Sunshine State Economic Development Corporation's SBA 7(a) loans typically feature an average interest rate of 9.43% and average term length of 115 months (approximately 10 years). Loan sizes range from $31K to $350K, with an average loan size of $159K.
Do I need a business valuation for a Sunshine State Economic Development Corporation SBA loan?
Yes, Sunshine State Economic Development Corporation typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Sunshine State Economic Development Corporation compare to other SBA lenders?
Sunshine State Economic Development Corporation has originated 51 SBA loans totaling $8.1M since 2014. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Sunshine State Economic Development Corporation lend in?
Sunshine State Economic Development Corporation provides SBA 7(a) financing with particularly strong presence in FL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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