Tennessee SBA Loan Data
21,294 loans totaling $8.2B across all SBA programs.
Total Loans
21,294
1991–2025
Total Volume
$8.2B
Gross approval amount
Avg Loan Size
$383K
Median: $150K
Avg Interest Rate
7.57%
Default rate: 15.0%
Tennessee Loan Status
Active16.4%
Paid in Full56%
Charged Off12.8%
Cancelled13.4%
Committed1.4%
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Tennessee Annual Lending Volume
Number of Loans per Year
Top Industries
Loan Size Distribution
Top Lenders in Tennessee
| Lender | Loans | Volume▼ | Avg Size | Avg Rate | Default Rate |
|---|---|---|---|---|---|
| Live Oak Banking Company | 331 | $438.9M | $1.3M | 6.84% | 2.8% |
| Pinnacle Bank | 503 | $400.7M | $797K | 7.10% | 5.4% |
| Regions Bank | 969 | $313.1M | $323K | 6.84% | 9.5% |
| Truist Bank | 1,167 | $300.9M | $258K | 6.14% | 9.8% |
| U.S. Bank, National Association | 1,733 | $291.6M | $168K | 7.99% | 10.4% |
| Readycap Lending, LLC | 460 | $212.3M | $461K | 11.16% | 23.8% |
| First Horizon Bank | 632 | $210.5M | $333K | 6.36% | 10.3% |
| United Community Bank | 258 | $169.9M | $659K | 6.31% | 10.2% |
| Wells Fargo Bank National Association | 472 | $154.2M | $327K | 8.10% | 14.3% |
| Simmons Bank | 359 | $151.2M | $421K | 5.90% | 11.2% |
| Citizens Bank | 240 | $135.0M | $562K | 7.05% | 11.1% |
| Cadence Bank | 330 | $128.0M | $388K | 7.74% | 7.6% |
| Synovus Bank | 191 | $124.5M | $652K | 6.00% | 9.8% |
| Bank of America, National Association | 1,333 | $114.8M | $86K | 7.38% | 19.0% |
| The Huntington National Bank | 331 | $113.0M | $341K | 9.29% | 1.7% |
| Builtwell Bank | 390 | $110.6M | $284K | 5.97% | 13.9% |
| Celtic Bank Corporation | 231 | $103.5M | $448K | 7.38% | 17.8% |
| Old National Bank | 148 | $101.8M | $688K | 6.88% | 6.2% |
| Byline Bank | 106 | $100.3M | $947K | 7.45% | 7.2% |
| First Financial Bank | 97 | $98.5M | $1.0M | 6.53% | 1.1% |
| Newtek Bank, National Association | 217 | $88.4M | $407K | 11.35% | 0.0% |
| Newtek Small Business Finance, Inc. | 138 | $84.8M | $615K | 7.48% | 9.3% |
| AmSouth Bank | 334 | $71.3M | $213K | N/A | 3.6% |
| Renasant Bank | 119 | $70.7M | $595K | 6.65% | 2.1% |
| SmartBank | 150 | $65.6M | $437K | 5.64% | 11.9% |
Top Counties in Tennessee
| County | Loans | Volume▼ |
|---|---|---|
| Davidson → | 3,681 | $1.3B |
| Shelby → | 3,349 | $1.2B |
| Hamilton → | 1,554 | $683.4M |
| Knox → | 1,877 | $679.6M |
| Williamson → | 1,384 | $597.2M |
| Rutherford → | 929 | $351.8M |
| Sumner → | 591 | $229.2M |
| Sevier → | 323 | $189.1M |
| Montgomery → | 689 | $186.7M |
| Madison → | 335 | $163.4M |
| Wilson → | 380 | $146.2M |
| Maury → | 375 | $139.7M |
| Washington → | 373 | $138.9M |
| Blount → | 376 | $132.5M |
| Sullivan → | 369 | $129.3M |
| Bradley → | 218 | $104.1M |
| Anderson → | 195 | $90.3M |
| Putnam → | 178 | $82.3M |
| Coffee → | 147 | $67.8M |
| Robertson → | 214 | $64.2M |
| Hamblen → | 123 | $60.8M |
| Loudon → | 123 | $54.1M |
| Gibson → | 113 | $50.1M |
| Dickson → | 121 | $48.1M |
| Bedford → | 80 | $47.5M |
Showing 1–25 of 30
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