FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Tennessee, FY2016
That fiscal year's approvals by lender and by county.
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.
In FY2016 (1 October 2015 to 30 September 2016) SBA approved 557 loans in Tennessee: 532 under 7(a) and 25 under 504, worth $331M.
That is down 10% on FY2015, when there were 619 approvals worth $359M.
Tennessee accounted for 0.8% of the 70,012 approvals nationwide that year. 87 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 129.
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.
Approvals by lender
The 40 lenders with the most approvals to Tennessee businesses in FY2016, of 87 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 129 | $30.3M | 23.2% | 99 | +30 |
| 2 | Pinnacle Bank | 7(a) | 32 | $32.0M | 5.7% | 37 | -5 |
| 3 | Celtic Bank Corporation | 7(a) | 30 | $4.2M | 5.4% | 23 | +7 |
| 4 | Simmons Bank | 7(a) | 27 | $12.0M | 4.8% | 28 | -1 |
| 5 | Wells Fargo Bank National Association | 7(a) | 26 | $11.9M | 4.7% | 23 | +3 |
| 6 | Live Oak Banking Company | 7(a) | 25 | $39.5M | 4.5% | 24 | +1 |
| 7 | Truist Bank | 7(a) | 22 | $17.2M | 3.9% | 30 | -8 |
| 8 | Regions Bank | 7(a) | 18 | $14.8M | 3.2% | 27 | -9 |
| 9 | United Community Bank | 7(a) | 14 | $10.0M | 2.5% | 21 | -7 |
| 10 | Brightbridge, Inc. | 504 | 11 | $14.0M | 2.0% | 18 | -7 |
| 11 | Byline Bank | 7(a) | 11 | $11.3M | 2.0% | 8 | +3 |
| 12 | Stearns Bank National Association | 7(a) | 10 | $1.8M | 1.8% | 3 | +7 |
| 13 | Fifth Third Bank | 7(a) | 10 | $1.4M | 1.8% | 10 | 0 |
| 14 | BayFirst National Bank | 7(a) | 8 | $1.5M | 1.4% | 4 | +4 |
| 15 | Centennial Bank | 7(a) | 8 | $1.1M | 1.4% | 9 | -1 |
| 16 | SouthState Bank, National Association | 7(a) | 7 | $9.6M | 1.3% | 17 | -10 |
| 17 | South Central Tennessee Business Development Corporation | 504 | 7 | $5.7M | 1.3% | 2 | +5 |
| 18 | Legends Bank | 7(a) | 7 | $3.6M | 1.3% | 8 | -1 |
| 19 | Citizens Bank | 7(a) | 6 | $4.1M | 1.1% | 1 | +5 |
| 20 | Bank Five Nine | 7(a) | 6 | $2.4M | 1.1% | 1 | +5 |
| 21 | Commercial Bank | 7(a) | 6 | $1.0M | 1.1% | 9 | -3 |
| 22 | First Farmers and Merchants Bank | 7(a) | 6 | $525K | 1.1% | 6 | 0 |
| 23 | Newtek Small Business Finance, Inc. | 7(a) | 5 | $3.0M | 0.9% | 6 | -1 |
| 24 | First Financial Bank | 7(a) | 4 | $4.6M | 0.7% | 13 | -9 |
| 25 | PromiseOne Bank | 7(a) | 4 | $4.5M | 0.7% | 0 | new |
| 26 | Metro City Bank | 7(a) | 4 | $3.9M | 0.7% | 6 | -2 |
| 27 | The Huntington National Bank | 7(a) | 4 | $2.7M | 0.7% | 9 | -5 |
| 28 | Renasant Bank | 7(a) | 4 | $1.6M | 0.7% | 8 | -4 |
| 29 | Brightbridge, Inc. | 7(a) | 4 | $794K | 0.7% | 2 | +2 |
| 30 | UT Federal Credit Union | 7(a) | 4 | $213K | 0.7% | 9 | -5 |
| 31 | First Financial Bank, National Association | 7(a) | 3 | $6.0M | 0.5% | 5 | -2 |
| 32 | The Park National Bank | 7(a) | 3 | $5.0M | 0.5% | 1 | +2 |
| 33 | First Horizon Bank | 7(a) | 3 | $5.0M | 0.5% | 1 | +2 |
| 34 | First Business Bank | 7(a) | 3 | $4.4M | 0.5% | 1 | +2 |
| 35 | Gulf Coast Bank and Trust Company | 7(a) | 3 | $3.8M | 0.5% | 0 | new |
| 36 | First US Bank | 7(a) | 3 | $3.5M | 0.5% | 0 | new |
| 37 | Tennessee Business Development Corporation | 504 | 3 | $3.5M | 0.5% | 1 | +2 |
| 38 | Evolve Bank and Trust | 7(a) | 3 | $2.8M | 0.5% | 2 | +1 |
| 39 | SmartBank | 7(a) | 3 | $2.2M | 0.5% | 10 | -7 |
| 40 | Ameris Bank | 7(a) | 3 | $1.7M | 0.5% | 14 | -11 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Davidson County | 105 | $65.5M | 18.9% | 123 | -18 |
| 2 | Knox County | 64 | $30.2M | 11.5% | 60 | +4 |
| 3 | Shelby County | 56 | $35.4M | 10.1% | 70 | -14 |
| 4 | Williamson County | 47 | $31.6M | 8.4% | 39 | +8 |
| 5 | Hamilton County | 44 | $28.4M | 7.9% | 63 | -19 |
| 6 | Sumner County | 22 | $8.2M | 3.9% | 10 | +12 |
| 7 | Rutherford County | 22 | $10.0M | 3.9% | 22 | 0 |
| 8 | Wilson County | 16 | $5.2M | 2.9% | 11 | +5 |
| 9 | Montgomery County | 15 | $6.6M | 2.7% | 17 | -2 |
| 10 | Sullivan County | 14 | $2.8M | 2.5% | 9 | +5 |
| 11 | Blount County | 13 | $7.3M | 2.3% | 24 | -11 |
| 12 | Robertson County | 10 | $4.0M | 1.8% | 5 | +5 |
| 13 | Maury County | 10 | $5.4M | 1.8% | 9 | +1 |
| 14 | Madison County | 8 | $7.5M | 1.4% | 12 | -4 |
| 15 | Sevier County | 8 | $6.4M | 1.4% | 10 | -2 |
| 16 | Marshall County | 6 | $3.1M | 1.1% | 4 | +2 |
| 17 | Hamblen County | 5 | $774K | 0.9% | 10 | -5 |
| 18 | Roane County | 5 | $3.3M | 0.9% | 0 | new |
| 19 | McMinn County | 5 | $2.7M | 0.9% | 1 | +4 |
| 20 | Loudon County | 5 | $4.6M | 0.9% | 4 | +1 |
| 21 | Washington County | 4 | $2.8M | 0.7% | 6 | -2 |
| 22 | Cocke County | 4 | $2.4M | 0.7% | 1 | +3 |
| 23 | Franklin County | 4 | $2.3M | 0.7% | 1 | +3 |
| 24 | Lincoln County | 3 | $1.3M | 0.5% | 5 | -2 |
| 25 | Carter County | 3 | $3.1M | 0.5% | 1 | +2 |
| 26 | Fayette County | 3 | $447K | 0.5% | 2 | +1 |
| 27 | Campbell County | 3 | $2.5M | 0.5% | 2 | +1 |
| 28 | Cheatham County | 3 | $1.2M | 0.5% | 3 | 0 |
| 29 | Rhea County | 3 | $4.3M | 0.5% | 1 | +2 |
| 30 | White County | 3 | $90K | 0.5% | 0 | new |
| 31 | Scott County | 3 | $2.4M | 0.5% | 2 | +1 |
| 32 | Putnam County | 2 | — | 0.4% | 5 | -3 |
| 33 | Polk County | 2 | — | 0.4% | 7 | -5 |
| 34 | Gibson County | 2 | — | 0.4% | 2 | 0 |
| 35 | Coffee County | 2 | — | 0.4% | 1 | +1 |
| 36 | Anderson County | 2 | — | 0.4% | 3 | -1 |
| 37 | Hawkins County | 2 | — | 0.4% | 6 | -4 |
| 38 | Bradley County | 2 | — | 0.4% | 8 | -6 |
| 39 | Weakley County | 2 | — | 0.4% | 4 | -2 |
| 40 | Greene County | 2 | — | 0.4% | 1 | +1 |
The 40 counties with the most approvals; every county is on the Tennessee page.
FY2016 against FY2015
| Tennessee | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 532 | 590 |
| 7(a) dollars | $301M | $336M |
| Median 7(a) approval | $250K | $256K |
| 504 approvals | 25 | 29 |
| 504 dollars | $29.5M | $23.1M |
| Jobs supported, as reported | 6,741 | 8,715 |
Questions and answers
Which lenders made the most SBA loans in Tennessee in FY2016?
U.S. Bank, National Association (129), Pinnacle Bank (32), Celtic Bank Corporation (30), Simmons Bank (27), Wells Fargo Bank National Association (26). 87 lenders had at least one approval.
How many SBA loans were approved in Tennessee in FY2016?
557: 532 under 7(a) worth $301M and 25 under 504 worth $29.5M.
Which Tennessee counties had the most SBA approvals in FY2016?
Davidson County (105), Knox County (64), Shelby County (56), Williamson County (47), Hamilton County (44).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error