Best Hollywood, FL SBA Lenders & Rates (2026)

Hollywood, Florida had 31 SBA 7(a) loans totaling $21M in 2025. See top lenders, industries, and rates.

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Best SBA Lenders in Hollywood, FL (2026)

2025 FOIA data: top lenders, rates & industries for Hollywood SBA loans

$28.9M
Total Funded
58
Loans Approved
$498K
Avg Loan Size
10.86%
Avg Interest Rate
20
Active Lenders

SBA Loans in Hollywood, Florida

Looking for an SBA loan in Hollywood, Florida? Based on 2025 FOIA data, 58 SBA 7(a) loans were funded in Hollywood totaling $28.9M, supporting an estimated 398 jobs. With 20 active lenders competing for business in the Hollywood market, comparing offers is essential to getting the best rate and terms.

The average SBA loan in Hollywood is $498K at an average rate of 10.86%. The top lender in Hollywood is City National Bank of Florida, with the most-funded industry being Supermarkets and Other Grocery (except Convenience) Stores. See all Florida SBA lenders for statewide rankings.

GoSBA Analysis: Hollywood has 20 active SBA lenders, which means real competition for your deal. Working with a broker like GoSBA Loans lets you access all of them — plus national lenders — with a single 5-minute application. Free, no obligation.

SBA Loans in Hollywood by Business Type

Whether you’re starting a new business in Hollywood, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:

🚀 Startup7%5 loans
🤝 Business Acquisition26%3 loans
🏢 Existing Business66%46 loans
💼 New Business1%4 loans

Startups represent 7% of SBA loans in Hollywood (5 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 26% (3 loans) — if you’re looking to buy a business in Hollywood, this is a proven use case for SBA financing. Existing businesses make up 66% and typically receive the most favorable terms.

Top SBA Lenders in Hollywood, FL (2025 Data)

The table below ranks every SBA 7(a) lender that funded loans to Hollywood businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:

#LenderVolumeLoansAvg Rate
1City National Bank of Florida$5.3M29.88%
2Midwest Regional Bank$3.0M110.25%
3Newtek Bank, National Association$2.9M810.69%
4Seacoast National Bank$2.7M210.25%
5Hanover Community Bank$2.5M110%
6Locality Bank$2.1M110.25%
7U.S. Century Bank$1.5M110.25%
8US Metro Bank$1.4M19%
9Northeast Bank$1.4M811.97%
10Fifth Third Bank$1.3M17.5%

The top lenders in Hollywood have direct experience with local businesses and understand the Hollywood market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.

Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Hollywood and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.

Get Matched with the Best SBA Lender in Hollywood

One 5-minute application. 20+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.

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Top Industries Funded in Hollywood

These are the industries that received the most SBA 7(a) funding in Hollywood in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:

IndustryLoansVolume
Supermarkets and Other Grocery (except Convenience) Stores2$5.4M
Used Car Dealers1$3.0M
Tax Preparation Services2$2.7M
Homes for the Elderly1$2.5M
Automotive Body, Paint, and Interior Repair and Maintenance1$2.1M
Passenger Car Rental3$1.6M
Residential Remodelers1$1.5M
Hotels (except Casino Hotels) and Motels2$1.5M
Offices of Dentists1$1.3M
All Other Outpatient Care Centers1$561K

Lenders with experience funding your specific industry in Hollywood understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.

How to Get an SBA Loan in Hollywood

Option 1: Apply directly to one of the top Hollywood lenders listed above. You’ll receive a single quote from one bank.

Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Hollywood-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.

Why comparing matters in Hollywood: With 20 lenders active in your market, rates and terms vary significantly. Getting 3-5 competing term sheets can save you 0.5-1.0% on your rate — on a $500K loan, that’s $15,000-$30,000 in total savings.

Frequently Asked Questions

How many SBA loans were funded in Hollywood in 2025?
Hollywood, FL received 58 SBA 7(a) loans totaling $28.9M in 2025. The average loan size was $498K at an average rate of 10.86%, with 20 lenders actively funding loans in the area.
Can I get an SBA loan to start a business in Hollywood?
Yes — 7% of SBA loans in Hollywood went to startups in 2025 (5 loans). Lenders familiar with the Hollywood market are more comfortable funding new ventures when they understand the local business environment.
Who is the top SBA lender in Hollywood?
Based on 2025 FOIA data, City National Bank of Florida funded the most SBA loans in Hollywood by volume. However, the best lender for your specific deal depends on your industry, loan size, and credit profile. A broker like GoSBA matches you with the best fit from 20+ lenders.
What is the average SBA loan rate in Hollywood?
The average SBA 7(a) interest rate in Hollywood was 10.86% in 2025. The national average is 10.32%. Individual rates depend on your credit score, loan size, and which lender you work with. Comparing multiple offers is the best way to secure the lowest rate.

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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.