States › Tennessee › Sevier County
County11th of 89 in Tennessee by approvalsFIPS 47155
SBA loans in Sevier 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 Sevier County, Tennessee, received 66 SBA loan approvals worth $63.2M in FY2021 to FY2025 (62 7(a), 4 504).
That is 21.2 approvals per 1,000 business establishments (3,117 establishments in 2023), below the Tennessee figure of 25.1 and below the national 41.0.
It ranks 11th of 89 Tennessee counties with approvals. In FY2025 there were 20, up 33% on FY2024.
30 lenders had approvals here; the most active were U.S. Bank, National Association (13), The Huntington National Bank (6) and Gulf Coast Bank and Trust Company (4). 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 Sevier County
By number of approvals to businesses in the county, FY2021–FY2025; 30 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 13 | $2.9M | 19.7% | |
| 2 | The Huntington National BankColumbus, OH | 6 | $1.7M | 9.1% | |
| 3 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 4 | $2.7M | 6.1% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 4 | $1.9M | 6.1% | |
| 5 | Northeast BankLewiston, ME | 4 | $285K | 6.1% | |
| 6 | Community Trust Bank, Inc.Pikeville, KY | 3 | $10.7M | 4.5% | |
| 7 | Commercial BankHarrogate, TN | 3 | $706K | 4.5% | |
| 8 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $370K | 4.5% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 2 | — | 3.0% | |
| 10 | Farmers State Bank of Alto Pass, IllinoisAlto Pass, IL | 2 | — | 3.0% | |
| 11 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 3.0% | |
| 12 | Brightbridge, Inc.Chattanooga, TN · CDC | 2 | — | 3.0% | |
| 13 | Everwise Credit UnionSouth Bend, IN | 1 | — | 1.5% | |
| 14 | Millennium BankDes Plaines, IL | 1 | — | 1.5% | |
| 15 | Global One BankHouston, TX | 1 | — | 1.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 19.7% | |
| 2 | Traveler AccommodationNAICS 7211 | 9 | 13.6% | |
| 3 | Amusement Parks and ArcadesNAICS 7131 | 3 | 4.5% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 4.5% | |
| 5 | Personal Care ServicesNAICS 8121 | 3 | 4.5% | |
| 6 | Other Motor Vehicle DealersNAICS 4412 | 2 | 3.0% | |
| 7 | Activities Related to Real EstateNAICS 5313 | 2 | 3.0% | |
| 8 | Furniture and Home Furnishings RetailersNAICS 4491 | 2 | 3.0% | |
| 9 | Individual and Family ServicesNAICS 6241 | 2 | 3.0% | |
| 10 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 2 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 22 | 33.3% | |
| 2 | Retail Trade | 15 | 22.7% | |
| 3 | Arts, Entertainment, and Recreation | 6 | 9.1% | |
| 4 | Other Services (except Public Administration) | 6 | 9.1% | |
| 5 | Health Care and Social Assistance | 4 | 6.1% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 3 | 4.5% | |
| 7 | Manufacturing | 2 | 3.0% | |
| 8 | Construction | 2 | 3.0% |
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* | 10 | $7.1M | $350K | 0 | — | 10 | 72 |
| FY2025 | 20 | $14.4M | $275K | 0 | — | 20 | 282 |
| FY2024 | 13 | $5.0M | $100K | 2 | — | 15 | 110 |
| FY2023 | 9 | $13.5M | $1.1M | 0 | — | 9 | 174 |
| FY2022 | 9 | $12.2M | $205K | 0 | — | 9 | 73 |
| FY2021 | 11 | $12.0M | $316K | 2 | — | 13 | 276 |
| FY2020 | 12 | $12.8M | $48K | 1 | — | 13 | 132 |
| FY2019 | 7 | $5.7M | $223K | 1 | — | 8 | 294 |
| FY2018 | 13 | $4.0M | $238K | 0 | — | 13 | 72 |
| FY2017 | 12 | $5.1M | $125K | 1 | — | 13 | 89 |
| FY2016 | 8 | $6.4M | $344K | 0 | — | 8 | 202 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 55 approvals.
Against Tennessee and the country
| FY2021–FY2025 | Sevier County | Tennessee | United States |
|---|---|---|---|
| Approvals | 66 | 3,767 | 342,825 |
| Approvals per 1,000 establishments | 21.2 | 25.1 | 41.0 |
| Median 7(a) approval | $289K | $250K | $190K |
| Median 504 approval | $897K | $1.1M | $657K |
| Average approval | $958K | $640K | $573K |
| 504 share of approvals | 6.1% | 3.5% | 11.0% |
| Jobs supported per approval, as reported | 13.9 | 11.5 | 10.5 |
| Share of state approvals | 1.8% | 100.0% | — |
Approval sizes
- $50,000 or less21.2%14
- $50,001 to $150,00018.2%12
- $150,001 to $350,00013.6%9
- $350,001 to $1 million21.2%14
- $1 million to $2 million9.1%6
- Over $2 million16.7%11
Age of the businesses
- Existing, more than 2 years old51.5%34
- New business, 2 years or less13.6%9
- Startup, loan funds will open the business19.7%13
- Change of ownership15.2%10
Questions and answers
Which lenders make the most SBA loans in Sevier County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (13), The Huntington National Bank (6), Gulf Coast Bank and Trust Company (4), Newtek Bank, National Association (4), Northeast Bank (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Sevier County?
The median 7(a) approval was $289K and the median 504 approval $897K; the Tennessee 7(a) median was $250K.
Which industries get the most SBA loans in Sevier County?
Restaurants and Other Eating Places (13); Traveler Accommodation (9); Amusement Parks and Arcades (3); Other Amusement and Recreation Industries (3); Personal Care Services (3).
Is SBA lending in Sevier County rising?
Approvals in the three latest complete fiscal years total 44, against 35 in the three before: rising (+26%).
How does Sevier County compare with the rest of Tennessee?
21.2 approvals per 1,000 establishments against 25.1 statewide, and 66 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