FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Tennessee, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 515 loans in Tennessee: 498 under 7(a) and 17 under 504, worth $285M.
That is down 8% on FY2016, when there were 557 approvals worth $331M.
Tennessee accounted for 0.8% of the 68,648 approvals nationwide that year. 86 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 67.
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 FY2017, of 86 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 67 | $14.3M | 13.0% | 129 | -62 |
| 2 | Celtic Bank Corporation | 7(a) | 31 | $6.3M | 6.0% | 30 | +1 |
| 3 | Pinnacle Bank | 7(a) | 27 | $31.3M | 5.2% | 32 | -5 |
| 4 | Live Oak Banking Company | 7(a) | 26 | $24.9M | 5.0% | 25 | +1 |
| 5 | Wells Fargo Bank National Association | 7(a) | 22 | $9.6M | 4.3% | 26 | -4 |
| 6 | BayFirst National Bank | 7(a) | 20 | $4.6M | 3.9% | 8 | +12 |
| 7 | Regions Bank | 7(a) | 19 | $9.7M | 3.7% | 18 | +1 |
| 8 | Simmons Bank | 7(a) | 18 | $7.0M | 3.5% | 27 | -9 |
| 9 | United Community Bank | 7(a) | 16 | $15.6M | 3.1% | 14 | +2 |
| 10 | Truist Bank | 7(a) | 14 | $5.7M | 2.7% | 22 | -8 |
| 11 | Byline Bank | 7(a) | 13 | $20.4M | 2.5% | 11 | +2 |
| 12 | Northeast Bank | 7(a) | 13 | $1.5M | 2.5% | 3 | +10 |
| 13 | First Horizon Bank | 7(a) | 12 | $17.5M | 2.3% | 3 | +9 |
| 14 | Brightbridge, Inc. | 504 | 12 | $6.1M | 2.3% | 11 | +1 |
| 15 | Brightbridge, Inc. | 7(a) | 11 | $1.6M | 2.1% | 4 | +7 |
| 16 | Independence Bank | 7(a) | 10 | $870K | 1.9% | 0 | new |
| 17 | Citizens Bank | 7(a) | 9 | $4.9M | 1.7% | 6 | +3 |
| 18 | The Huntington National Bank | 7(a) | 8 | $899K | 1.6% | 4 | +4 |
| 19 | Renasant Bank | 7(a) | 7 | $5.2M | 1.4% | 4 | +3 |
| 20 | Stearns Bank National Association | 7(a) | 7 | $3.9M | 1.4% | 10 | -3 |
| 21 | Centennial Bank | 7(a) | 7 | $1.5M | 1.4% | 8 | -1 |
| 22 | United Midwest Savings Bank National Association | 7(a) | 7 | $1.1M | 1.4% | 0 | new |
| 23 | First Financial Bank | 7(a) | 7 | $1.1M | 1.4% | 4 | +3 |
| 24 | Fifth Third Bank | 7(a) | 6 | $1.2M | 1.2% | 10 | -4 |
| 25 | Readycap Lending, LLC | 7(a) | 5 | $4.4M | 1.0% | 1 | +4 |
| 26 | SmartBank | 7(a) | 5 | $4.2M | 1.0% | 3 | +2 |
| 27 | Carver State Bank | 7(a) | 5 | $658K | 1.0% | 0 | new |
| 28 | Centennial Bank | 7(a) | 4 | $5.5M | 0.8% | 1 | +3 |
| 29 | Ameris Bank | 7(a) | 4 | $3.9M | 0.8% | 3 | +1 |
| 30 | Metro City Bank | 7(a) | 4 | $2.9M | 0.8% | 4 | 0 |
| 31 | Happen Bank | 7(a) | 4 | $1.5M | 0.8% | 0 | new |
| 32 | Bank Five Nine | 7(a) | 3 | $6.4M | 0.6% | 6 | -3 |
| 33 | First US Bank | 7(a) | 3 | $4.0M | 0.6% | 3 | 0 |
| 34 | Evolve Bank and Trust | 7(a) | 3 | $3.3M | 0.6% | 3 | 0 |
| 35 | First Financial Bank, National Association | 7(a) | 3 | $3.2M | 0.6% | 3 | 0 |
| 36 | First Community Bank of the Heartland, Inc. | 7(a) | 3 | $1.9M | 0.6% | 0 | new |
| 37 | BankUnited, National Association | 7(a) | 3 | $1.3M | 0.6% | 1 | +2 |
| 38 | South Central Tennessee Business Development Corporation | 504 | 3 | $1.2M | 0.6% | 7 | -4 |
| 39 | Bank of America, National Association | 7(a) | 3 | $1.1M | 0.6% | 3 | 0 |
| 40 | First Vision Bank of Tennessee | 7(a) | 3 | $901K | 0.6% | 1 | +2 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Davidson County | 83 | $59.2M | 16.1% | 105 | -22 |
| 2 | Shelby County | 65 | $35.5M | 12.6% | 56 | +9 |
| 3 | Knox County | 54 | $24.3M | 10.5% | 64 | -10 |
| 4 | Hamilton County | 50 | $24.1M | 9.7% | 44 | +6 |
| 5 | Williamson County | 31 | $19.9M | 6.0% | 47 | -16 |
| 6 | Rutherford County | 20 | $12.3M | 3.9% | 22 | -2 |
| 7 | Montgomery County | 18 | $9.6M | 3.5% | 15 | +3 |
| 8 | Sevier County | 13 | $5.5M | 2.5% | 8 | +5 |
| 9 | Bradley County | 12 | $8.7M | 2.3% | 2 | +10 |
| 10 | Sumner County | 11 | $6.5M | 2.1% | 22 | -11 |
| 11 | Madison County | 11 | $5.0M | 2.1% | 8 | +3 |
| 12 | Robertson County | 11 | $1.9M | 2.1% | 10 | +1 |
| 13 | Wilson County | 10 | $5.5M | 1.9% | 16 | -6 |
| 14 | Maury County | 10 | $6.7M | 1.9% | 10 | 0 |
| 15 | Blount County | 9 | $4.4M | 1.7% | 13 | -4 |
| 16 | Washington County | 7 | $4.7M | 1.4% | 4 | +3 |
| 17 | Sullivan County | 5 | $2.2M | 1.0% | 14 | -9 |
| 18 | Coffee County | 5 | $2.1M | 1.0% | 2 | +3 |
| 19 | Fayette County | 5 | $1.7M | 1.0% | 3 | +2 |
| 20 | Anderson County | 4 | $1.5M | 0.8% | 2 | +2 |
| 21 | Loudon County | 4 | $1.5M | 0.8% | 5 | -1 |
| 22 | Putnam County | 3 | $2.3M | 0.6% | 2 | +1 |
| 23 | Polk County | 3 | $1.2M | 0.6% | 2 | +1 |
| 24 | Hamblen County | 3 | $1.1M | 0.6% | 5 | -2 |
| 25 | Hawkins County | 3 | $972K | 0.6% | 2 | +1 |
| 26 | Jefferson County | 3 | $330K | 0.6% | 1 | +2 |
| 27 | Weakley County | 3 | $1.9M | 0.6% | 2 | +1 |
| 28 | Marshall County | 3 | $1.8M | 0.6% | 6 | -3 |
| 29 | Bedford County | 3 | $3.0M | 0.6% | 2 | +1 |
| 30 | Cheatham County | 3 | $464K | 0.6% | 3 | 0 |
| 31 | Rhea County | 3 | $6.3M | 0.6% | 3 | 0 |
| 32 | White County | 3 | $753K | 0.6% | 3 | 0 |
| 33 | Lincoln County | 2 | — | 0.4% | 3 | -1 |
| 34 | Gibson County | 2 | — | 0.4% | 2 | 0 |
| 35 | Roane County | 2 | — | 0.4% | 5 | -3 |
| 36 | Dickson County | 2 | — | 0.4% | 1 | +1 |
| 37 | Carter County | 2 | — | 0.4% | 3 | -1 |
| 38 | Jackson County | 2 | — | 0.4% | 1 | +1 |
| 39 | Cocke County | 2 | — | 0.4% | 4 | -2 |
| 40 | Hardeman County | 2 | — | 0.4% | 1 | +1 |
The 40 counties with the most approvals; every county is on the Tennessee page.
FY2017 against FY2016
| Tennessee | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 498 | 532 |
| 7(a) dollars | $276M | $301M |
| Median 7(a) approval | $214K | $250K |
| 504 approvals | 17 | 25 |
| 504 dollars | $8.4M | $29.5M |
| Jobs supported, as reported | 6,270 | 6,741 |
Questions and answers
Which lenders made the most SBA loans in Tennessee in FY2017?
U.S. Bank, National Association (67), Celtic Bank Corporation (31), Pinnacle Bank (27), Live Oak Banking Company (26), Wells Fargo Bank National Association (22). 86 lenders had at least one approval.
How many SBA loans were approved in Tennessee in FY2017?
515: 498 under 7(a) worth $276M and 17 under 504 worth $8.4M.
Which Tennessee counties had the most SBA approvals in FY2017?
Davidson County (83), Shelby County (65), Knox County (54), Hamilton County (50), Williamson County (31).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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