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County8th of 89 in Tennessee by approvalsFIPS 47165
SBA loans in Sumner 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 Sumner County, Tennessee, received 131 SBA loan approvals worth $73.8M in FY2021 to FY2025 (129 7(a), 2 504).
That is 33.8 approvals per 1,000 business establishments (3,875 establishments in 2023), above the Tennessee figure of 25.1 and below the national 41.0.
It ranks 8th of 89 Tennessee counties with approvals. In FY2025 there were 45, up 80% on FY2024.
35 lenders had approvals here; the most active were U.S. Bank, National Association (21), The Huntington National Bank (11) and Newtek Bank, National Association (9). 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 Sumner County
By number of approvals to businesses in the county, FY2021–FY2025; 35 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 21 | $2.2M | 16.0% | |
| 2 | The Huntington National BankColumbus, OH | 11 | $8.4M | 8.4% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 9 | $1.4M | 6.9% | |
| 4 | Northeast BankLewiston, ME | 9 | $1.1M | 6.9% | |
| 5 | BayFirst National BankSaint Petersburg, FL | 8 | $4.4M | 6.1% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 7 | $4.5M | 5.3% | |
| 7 | Pinnacle BankNashville, TN | 6 | $4.2M | 4.6% | |
| 8 | United Midwest Savings Bank National AssociationDe Graff, OH | 6 | $825K | 4.6% | |
| 9 | First Horizon BankMemphis, TN | 5 | $3.7M | 3.8% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $1.8M | 3.8% | |
| 11 | Republic Bank & Trust CompanyLouisville, KY | 4 | $3.8M | 3.1% | |
| 12 | Old National BankEvansville, IN | 4 | $2.0M | 3.1% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 4 | $751K | 3.1% | |
| 14 | United Community BankGreenville, SC | 3 | $1.3M | 2.3% | |
| 15 | Lendistry SBLC, LLCLos Angeles, CA | 3 | $298K | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 12 | 9.2% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 10 | 7.6% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 8 | 6.1% | |
| 4 | Residential Building ConstructionNAICS 2361 | 8 | 6.1% | |
| 5 | Other Personal ServicesNAICS 8129 | 6 | 4.6% | |
| 6 | Other Schools and InstructionNAICS 6116 | 5 | 3.8% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 3.1% | |
| 8 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 4 | 3.1% | |
| 9 | Child Day Care ServicesNAICS 6244 | 3 | 2.3% | |
| 10 | Computer Systems Design and Related ServicesNAICS 5415 | 3 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 27 | 20.6% | |
| 2 | Professional, Scientific, and Technical Services | 16 | 12.2% | |
| 3 | Administrative and Support and Waste Management and Remediation Services | 15 | 11.5% | |
| 4 | Health Care and Social Assistance | 14 | 10.7% | |
| 5 | Other Services (except Public Administration) | 12 | 9.2% | |
| 6 | Manufacturing | 12 | 9.2% | |
| 7 | Accommodation and Food Services | 12 | 9.2% | |
| 8 | Educational Services | 6 | 4.6% |
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* | 24 | $13.5M | $355K | 1 | — | 25 | 204 |
| FY2025 | 44 | $27.1M | $234K | 1 | — | 45 | 356 |
| FY2024 | 25 | $14.1M | $150K | 0 | — | 25 | 277 |
| FY2023 | 19 | $4.2M | $75K | 0 | — | 19 | 150 |
| FY2022 | 24 | $11.1M | $297K | 0 | — | 24 | 288 |
| FY2021 | 17 | $16.6M | $745K | 1 | — | 18 | 306 |
| FY2020 | 19 | $18.5M | $207K | 1 | — | 20 | 287 |
| FY2019 | 18 | $16.3M | $277K | 0 | — | 18 | 293 |
| FY2018 | 16 | $7.4M | $224K | 0 | — | 16 | 70 |
| FY2017 | 11 | $6.5M | $342K | 0 | — | 11 | 79 |
| FY2016 | 21 | $7.8M | $35K | 1 | — | 22 | 55 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 87 approvals.
Against Tennessee and the country
| FY2021–FY2025 | Sumner County | Tennessee | United States |
|---|---|---|---|
| Approvals | 131 | 3,767 | 342,825 |
| Approvals per 1,000 establishments | 33.8 | 25.1 | 41.0 |
| Median 7(a) approval | $191K | $250K | $190K |
| Median 504 approval | — | $1.1M | $657K |
| Average approval | $563K | $640K | $573K |
| 504 share of approvals | 1.5% | 3.5% | 11.0% |
| Jobs supported per approval, as reported | 10.5 | 11.5 | 10.5 |
| Share of state approvals | 3.5% | 100.0% | — |
Approval sizes
- $50,000 or less22.9%30
- $50,001 to $150,00025.2%33
- $150,001 to $350,00018.3%24
- $350,001 to $1 million17.6%23
- $1 million to $2 million9.2%12
- Over $2 million6.9%9
Age of the businesses
- Existing, more than 2 years old46.6%61
- New business, 2 years or less16.0%21
- Startup, loan funds will open the business26.0%34
- Change of ownership11.5%15
Questions and answers
Which lenders make the most SBA loans in Sumner County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (21), The Huntington National Bank (11), Newtek Bank, National Association (9), Northeast Bank (9), BayFirst National Bank (8). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Sumner County?
The median 7(a) approval was $191K; the Tennessee 7(a) median was $250K.
Which industries get the most SBA loans in Sumner County?
Restaurants and Other Eating Places (12); Building Equipment Contractors (10); Services to Buildings and Dwellings (8); Residential Building Construction (8); Other Personal Services (6).
Is SBA lending in Sumner County rising?
Approvals in the three latest complete fiscal years total 89, against 62 in the three before: rising (+44%).
How does Sumner County compare with the rest of Tennessee?
33.8 approvals per 1,000 establishments against 25.1 statewide, and 131 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