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County18th of 89 in Tennessee by approvalsFIPS 47031
SBA loans in Coffee County, Tennessee
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Coffee County, Tennessee, received 34 SBA loan approvals worth $27.4M in FY2021 to FY2025 (32 7(a), 2 504).
That is 26.0 approvals per 1,000 business establishments (1,308 establishments in 2023), close to the Tennessee figure of 25.1 and below the national 41.0.
It ranks 18th of 89 Tennessee counties with approvals. In FY2025 there were 9, down 18% on FY2024.
18 lenders had approvals here; the most active were U.S. Bank, National Association (9), Newtek Bank, National Association (5) and Readycap Lending, LLC (3). The most common industry was traveler accommodation.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Coffee County
By number of approvals to businesses in the county, FY2021–FY2025; 18 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 9 | $1.7M | 26.5% | |
| 2 | Newtek Bank, National AssociationMiami, FL | 5 | $5.3M | 14.7% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $346K | 8.8% | |
| 4 | The Huntington National BankColumbus, OH | 2 | — | 5.9% | |
| 5 | First Vision Bank of TennesseeTullahoma, TN | 2 | — | 5.9% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 1 | — | 2.9% | |
| 7 | Harvest Small Business Finance, LLCLaguna Hills, CA | 1 | — | 2.9% | |
| 8 | Brightbridge, Inc.Chattanooga, TN · CDC | 1 | — | 2.9% | |
| 9 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 2.9% | |
| 10 | Peoples BankMendenhall, MS | 1 | — | 2.9% | |
| 11 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.9% | |
| 12 | Byline BankChicago, IL | 1 | — | 2.9% | |
| 13 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 2.9% | |
| 14 | Southern Development CouncilMountain Brook, AL · CDC | 1 | — | 2.9% | |
| 15 | Northeast BankLewiston, ME | 1 | — | 2.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 6 | 17.6% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 8.8% | |
| 3 | Navigational, Measuring, Electromedical, and Control Instruments ManufacturingNAICS 3345 | 2 | 5.9% | |
| 4 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 2 | 5.9% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 2 | 5.9% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 2 | 5.9% | |
| 7 | Poultry and Egg ProductionNAICS 1123 | 1 | 2.9% | |
| 8 | Beer, Wine, and Distilled Alcoholic Beverage Merchant WholesalersNAICS 4248 | 1 | 2.9% | |
| 9 | Other Ambulatory Health Care ServicesNAICS 6219 | 1 | 2.9% | |
| 10 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 1 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 9 | 26.5% | |
| 2 | Manufacturing | 5 | 14.7% | |
| 3 | Health Care and Social Assistance | 4 | 11.8% | |
| 4 | Construction | 3 | 8.8% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 3 | 8.8% | |
| 6 | Professional, Scientific, and Technical Services | 2 | 5.9% | |
| 7 | Finance and Insurance | 2 | 5.9% | |
| 8 | Retail Trade | 2 | 5.9% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 6 | $2.2M | $88K | 0 | — | 6 | 104 |
| FY2025 | 9 | $2.4M | $150K | 0 | — | 9 | 41 |
| FY2024 | 9 | $7.1M | $250K | 2 | — | 11 | 87 |
| FY2023 | 7 | $5.8M | $423K | 0 | — | 7 | 59 |
| FY2022 | 5 | $8.6M | $1.2M | 0 | — | 5 | 17 |
| FY2021 | 2 | — | — | 0 | — | 2 | 10 |
| FY2020 | 1 | — | — | 1 | — | 2 | 19 |
| FY2019 | 1 | — | — | 2 | — | 3 | 11 |
| FY2018 | 3 | $1.3M | $460K | 2 | — | 5 | 71 |
| FY2017 | 5 | $2.1M | $150K | 0 | — | 5 | 27 |
| FY2016 | 1 | — | — | 1 | — | 2 | 5 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 17 approvals.
Against Tennessee and the country
| FY2021–FY2025 | Coffee County | Tennessee | United States |
|---|---|---|---|
| Approvals | 34 | 3,767 | 342,825 |
| Approvals per 1,000 establishments | 26.0 | 25.1 | 41.0 |
| Median 7(a) approval | $250K | $250K | $190K |
| Median 504 approval | — | $1.1M | $657K |
| Average approval | $806K | $640K | $573K |
| 504 share of approvals | 5.9% | 3.5% | 11.0% |
| Jobs supported per approval, as reported | 6.3 | 11.5 | 10.5 |
| Share of state approvals | 0.9% | 100.0% | — |
Approval sizes
- $50,000 or less29.4%10
- $50,001 to $150,0008.8%3
- $150,001 to $350,00020.6%7
- $350,001 to $1 million14.7%5
- $1 million to $2 million11.8%4
- Over $2 million14.7%5
Age of the businesses
- Existing, more than 2 years old47.1%16
- New business, 2 years or less29.4%10
- Startup, loan funds will open the business23.5%8
Questions and answers
Which lenders make the most SBA loans in Coffee County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (9), Newtek Bank, National Association (5), Readycap Lending, LLC (3), The Huntington National Bank (2), First Vision Bank of Tennessee (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Coffee County?
The median 7(a) approval was $250K; the Tennessee 7(a) median was $250K.
Which industries get the most SBA loans in Coffee County?
Traveler Accommodation (6); Restaurants and Other Eating Places (3); Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (2); Agencies, Brokerages, and Other Insurance Related Activities (2); Offices of Other Health Practitioners (2).
Is SBA lending in Coffee County rising?
Volumes are too small to compare periods.
How does Coffee County compare with the rest of Tennessee?
26.0 approvals per 1,000 establishments against 25.1 statewide, and 34 of the state's 3,767 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error