Locality Bank
Locality Bank is an SBA 7(a) lender that has approved 59 loans totaling $50.9M between FY2020 and Q1 FY2026 (2025-12-31), with a 0.00% charge-off rate on mature loans. Average loan size: $863K. Active in 3 states. Headquartered in FORT LAUDERDALE, FL.
Total 7(a) loans
59
Total approved
$50.9M
Average loan
$863K
States funded in
3
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
20.00%
Average rate
9.99%
Average term
139 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 6 |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 3 |
| 237990 | Other Heavy and Civil Engineering Construction | 3 |
| 541110 | Offices of Lawyers | 3 |
| 336611 | Ship Building and Repairing | 3 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 3 |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 2 |
| 541310 | Architectural Services | 2 |
| 424470 | Meat and Meat Product Merchant Wholesalers | 2 |
| 238990 | All Other Specialty Trade Contractors | 2 |
Top 10 states
| State | Loans |
|---|---|
| FL | 56 |
| GA | 2 |
| NV | 1 |
Top franchise brands financed
8 franchise loans across 8 distinct brands.
| Franchise | Loans |
|---|---|
| Cold Stone Creamery | 1 |
| Intelligent Office | 1 |
| Flip Flop Shops | 1 |
| Preferred Care at Home | 1 |
| Body20 | 1 |
| All Dry | 1 |
| F45 Training | 1 |
| CycleBar | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.