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County1st of 89 in Tennessee by approvalsFIPS 47037
SBA loans in Davidson 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 Davidson County, Tennessee, received 708 SBA loan approvals worth $406M in FY2021 to FY2025 (689 7(a), 19 504).
That is 32.0 approvals per 1,000 business establishments (22,122 establishments in 2023), above the Tennessee figure of 25.1 and below the national 41.0.
It ranks 1st of 89 Tennessee counties with approvals. In FY2025 there were 201, up 14% on FY2024.
106 lenders had approvals here; the most active were The Huntington National Bank (99), U.S. Bank, National Association (99) and Newtek Bank, National Association (44). The most common industry was restaurants and other eating places.
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 Davidson County
By number of approvals to businesses in the county, FY2021–FY2025; 106 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 99 | $34.7M | 14.0% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 99 | $23.1M | 14.0% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 44 | $17.8M | 6.2% | |
| 4 | Northeast BankLewiston, ME | 40 | $4.9M | 5.6% | |
| 5 | BayFirst National BankSaint Petersburg, FL | 37 | $5.0M | 5.2% | |
| 6 | Pinnacle BankNashville, TN | 34 | $39.2M | 4.8% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 33 | $4.1M | 4.7% | |
| 8 | Regions BankBirmingham, AL | 15 | $15.5M | 2.1% | |
| 9 | Old National BankEvansville, IN | 14 | $19.6M | 2.0% | |
| 10 | Brightbridge, Inc.Chattanooga, TN · CDC | 13 | $24.3M | 1.8% | |
| 11 | Live Oak Banking CompanyWilmington, NC | 13 | $18.2M | 1.8% | |
| 12 | Newtek Small Business Finance, Inc.Lake Success, NY | 13 | $6.4M | 1.8% | |
| 13 | Celtic Bank CorporationSalt Lake City, UT | 12 | $4.8M | 1.7% | |
| 14 | Wells Fargo Bank National AssociationSioux Falls, SD | 12 | $3.7M | 1.7% | |
| 15 | Lendistry SBLC, LLCLos Angeles, CA | 12 | $2.3M | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 85 | 12.0% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 41 | 5.8% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 41 | 5.8% | |
| 4 | Personal Care ServicesNAICS 8121 | 39 | 5.5% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 21 | 3.0% | |
| 6 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 18 | 2.5% | |
| 7 | Building Finishing ContractorsNAICS 2383 | 15 | 2.1% | |
| 8 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 14 | 2.0% | |
| 9 | Residential Building ConstructionNAICS 2361 | 14 | 2.0% | |
| 10 | Other Personal ServicesNAICS 8129 | 13 | 1.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 110 | 15.5% | |
| 2 | Retail Trade | 80 | 11.3% | |
| 3 | Other Services (except Public Administration) | 76 | 10.7% | |
| 4 | Professional, Scientific, and Technical Services | 75 | 10.6% | |
| 5 | Construction | 65 | 9.2% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 61 | 8.6% | |
| 7 | Arts, Entertainment, and Recreation | 52 | 7.3% | |
| 8 | Health Care and Social Assistance | 51 | 7.2% |
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* | 95 | $54.3M | $300K | 0 | — | 95 | 1,159 |
| FY2025 | 199 | $114M | $200K | 2 | — | 201 | 2,307 |
| FY2024 | 174 | $88.6M | $203K | 2 | — | 176 | 2,186 |
| FY2023 | 154 | $88.6M | $242K | 2 | — | 156 | 2,192 |
| FY2022 | 82 | $27.6M | $200K | 5 | $7.9M | 87 | 943 |
| FY2021 | 80 | $53.5M | $350K | 8 | $10.7M | 88 | 1,088 |
| FY2020 | 75 | $47.5M | $300K | 3 | $6.6M | 78 | 974 |
| FY2019 | 73 | $30.7M | $150K | 4 | $8.6M | 77 | 1,327 |
| FY2018 | 88 | $52.8M | $233K | 4 | $2.1M | 92 | 1,678 |
| FY2017 | 83 | $59.2M | $307K | 0 | — | 83 | 1,355 |
| FY2016 | 104 | $60.5M | $254K | 1 | — | 105 | 1,286 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 435 approvals.
Against Tennessee and the country
| FY2021–FY2025 | Davidson County | Tennessee | United States |
|---|---|---|---|
| Approvals | 708 | 3,767 | 342,825 |
| Approvals per 1,000 establishments | 32.0 | 25.1 | 41.0 |
| Median 7(a) approval | $228K | $250K | $190K |
| Median 504 approval | $1.2M | $1.1M | $657K |
| Average approval | $573K | $640K | $573K |
| 504 share of approvals | 2.7% | 3.5% | 11.0% |
| Jobs supported per approval, as reported | 12.3 | 11.5 | 10.5 |
| Share of state approvals | 18.8% | 100.0% | — |
Approval sizes
- $50,000 or less21.8%154
- $50,001 to $150,00021.3%151
- $150,001 to $350,00020.9%148
- $350,001 to $1 million20.1%142
- $1 million to $2 million9.3%66
- Over $2 million6.6%47
Age of the businesses
- Existing, more than 2 years old48.7%345
- New business, 2 years or less18.9%134
- Startup, loan funds will open the business23.9%169
- Change of ownership8.1%57
- Not answered0.4%3
Questions and answers
Which lenders make the most SBA loans in Davidson County?
By approvals in FY2021 to FY2025: The Huntington National Bank (99), U.S. Bank, National Association (99), Newtek Bank, National Association (44), Northeast Bank (40), BayFirst National Bank (37). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Davidson County?
The median 7(a) approval was $228K and the median 504 approval $1.2M; the Tennessee 7(a) median was $250K.
Which industries get the most SBA loans in Davidson County?
Restaurants and Other Eating Places (85); Other Amusement and Recreation Industries (41); Services to Buildings and Dwellings (41); Personal Care Services (39); Offices of Other Health Practitioners (21).
Is SBA lending in Davidson County rising?
Approvals in the three latest complete fiscal years total 533, against 253 in the three before: rising (+111%).
How does Davidson County compare with the rest of Tennessee?
32.0 approvals per 1,000 establishments against 25.1 statewide, and 708 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