FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Tennessee, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 487 loans in Tennessee: 466 under 7(a) and 21 under 504, worth $308M.
That is down 14% on FY2018, when there were 568 approvals worth $314M.
Tennessee accounted for 0.8% of the 58,006 approvals nationwide that year. 96 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 81.
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 FY2019, of 96 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 81 | $8.7M | 16.6% | 89 | -8 |
| 2 | Pinnacle Bank | 7(a) | 41 | $35.8M | 8.4% | 43 | -2 |
| 3 | The Huntington National Bank | 7(a) | 19 | $11.9M | 3.9% | 14 | +5 |
| 4 | Celtic Bank Corporation | 7(a) | 18 | $14.7M | 3.7% | 20 | -2 |
| 5 | BayFirst National Bank | 7(a) | 18 | $3.9M | 3.7% | 14 | +4 |
| 6 | Wells Fargo Bank National Association | 7(a) | 16 | $3.6M | 3.3% | 22 | -6 |
| 7 | Truist Bank | 7(a) | 14 | $5.4M | 2.9% | 9 | +5 |
| 8 | Fifth Third Bank | 7(a) | 14 | $4.5M | 2.9% | 11 | +3 |
| 9 | Newtek Small Business Finance, Inc. | 7(a) | 13 | $13.0M | 2.7% | 14 | -1 |
| 10 | Stearns Bank National Association | 7(a) | 13 | $3.0M | 2.7% | 17 | -4 |
| 11 | Brightbridge, Inc. | 504 | 12 | $14.6M | 2.5% | 10 | +2 |
| 12 | Simmons Bank | 7(a) | 11 | $7.5M | 2.3% | 14 | -3 |
| 13 | United Community Bank | 7(a) | 10 | $8.3M | 2.1% | 12 | -2 |
| 14 | Live Oak Banking Company | 7(a) | 9 | $12.2M | 1.8% | 21 | -12 |
| 15 | United Midwest Savings Bank National Association | 7(a) | 9 | $1.3M | 1.8% | 31 | -22 |
| 16 | First Horizon Bank | 7(a) | 8 | $13.7M | 1.6% | 8 | 0 |
| 17 | Old National Bank | 7(a) | 8 | $6.6M | 1.6% | 5 | +3 |
| 18 | Northeast Bank | 7(a) | 8 | $1.1M | 1.6% | 12 | -4 |
| 19 | SouthState Bank, National Association | 7(a) | 7 | $5.9M | 1.4% | 6 | +1 |
| 20 | Regions Bank | 7(a) | 7 | $4.5M | 1.4% | 4 | +3 |
| 21 | The First Bank and Trust Company | 7(a) | 7 | $849K | 1.4% | 2 | +5 |
| 22 | First Financial Bank | 7(a) | 6 | $3.4M | 1.2% | 4 | +2 |
| 23 | Byline Bank | 7(a) | 6 | $3.1M | 1.2% | 10 | -4 |
| 24 | Brightbridge, Inc. | 7(a) | 6 | $957K | 1.2% | 3 | +3 |
| 25 | Citizens Bank | 7(a) | 5 | $4.4M | 1.0% | 9 | -4 |
| 26 | Bank of America, National Association | 7(a) | 5 | $859K | 1.0% | 4 | +1 |
| 27 | Metro City Bank | 7(a) | 4 | $8.7M | 0.8% | 2 | +2 |
| 28 | The Bancorp Bank National Association | 7(a) | 4 | $5.7M | 0.8% | 5 | -1 |
| 29 | Community Trust Bank, Inc. | 7(a) | 4 | $4.0M | 0.8% | 7 | -3 |
| 30 | South Central Tennessee Business Development Corporation | 504 | 4 | $3.2M | 0.8% | 8 | -4 |
| 31 | Mid-Cumberland Area Development Corporation | 504 | 4 | $2.6M | 0.8% | 4 | 0 |
| 32 | First Financial Bank, National Association | 7(a) | 4 | $1.9M | 0.8% | 6 | -2 |
| 33 | Ameris Bank | 7(a) | 4 | $1.7M | 0.8% | 1 | +3 |
| 34 | GBank | 7(a) | 3 | $6.1M | 0.6% | 0 | new |
| 35 | Renasant Bank | 7(a) | 3 | $2.3M | 0.6% | 0 | new |
| 36 | Guaranty Bank and Trust Company | 7(a) | 3 | $2.0M | 0.6% | 4 | -1 |
| 37 | First Bank | 7(a) | 3 | $2.0M | 0.6% | 6 | -3 |
| 38 | Seacoast National Bank | 7(a) | 3 | $835K | 0.6% | 2 | +1 |
| 39 | Five Star Bank | 7(a) | 3 | $650K | 0.6% | 4 | -1 |
| 40 | Optus Bank | 7(a) | 3 | $628K | 0.6% | 2 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Davidson County | 77 | $39.3M | 15.8% | 92 | -15 |
| 2 | Shelby County | 75 | $46.0M | 15.4% | 87 | -12 |
| 3 | Knox County | 50 | $29.6M | 10.3% | 56 | -6 |
| 4 | Williamson County | 37 | $33.8M | 7.6% | 36 | +1 |
| 5 | Hamilton County | 32 | $19.0M | 6.6% | 48 | -16 |
| 6 | Rutherford County | 24 | $20.8M | 4.9% | 32 | -8 |
| 7 | Sumner County | 18 | $16.3M | 3.7% | 16 | +2 |
| 8 | Wilson County | 16 | $5.3M | 3.3% | 8 | +8 |
| 9 | Blount County | 11 | $5.2M | 2.3% | 8 | +3 |
| 10 | Montgomery County | 11 | $2.8M | 2.3% | 26 | -15 |
| 11 | Sullivan County | 8 | $8.0M | 1.6% | 6 | +2 |
| 12 | Sevier County | 8 | $10.7M | 1.6% | 13 | -5 |
| 13 | Maury County | 8 | $5.6M | 1.6% | 12 | -4 |
| 14 | Robertson County | 7 | $1.3M | 1.4% | 7 | 0 |
| 15 | Bradley County | 7 | $3.0M | 1.4% | 3 | +4 |
| 16 | Washington County | 6 | $6.3M | 1.2% | 9 | -3 |
| 17 | Cheatham County | 6 | $1.3M | 1.2% | 6 | 0 |
| 18 | Madison County | 5 | $13.0M | 1.0% | 9 | -4 |
| 19 | Putnam County | 5 | $1.7M | 1.0% | 4 | +1 |
| 20 | Monroe County | 5 | $3.0M | 1.0% | 2 | +3 |
| 21 | Hardin County | 4 | $8.4M | 0.8% | 1 | +3 |
| 22 | Roane County | 4 | $2.5M | 0.8% | 3 | +1 |
| 23 | Greene County | 4 | $758K | 0.8% | 1 | +3 |
| 24 | Marshall County | 4 | $1.2M | 0.8% | 2 | +2 |
| 25 | Warren County | 3 | $2.1M | 0.6% | 1 | +2 |
| 26 | Coffee County | 3 | $1.1M | 0.6% | 5 | -2 |
| 27 | Hamblen County | 3 | $3.6M | 0.6% | 4 | -1 |
| 28 | Anderson County | 3 | $1.3M | 0.6% | 6 | -3 |
| 29 | Weakley County | 3 | $718K | 0.6% | 6 | -3 |
| 30 | Johnson County | 3 | $475K | 0.6% | 0 | new |
| 31 | Lincoln County | 2 | — | 0.4% | 0 | new |
| 32 | Dickson County | 2 | — | 0.4% | 3 | -1 |
| 33 | Jefferson County | 2 | — | 0.4% | 7 | -5 |
| 34 | McNairy County | 2 | — | 0.4% | 0 | new |
| 35 | Loudon County | 2 | — | 0.4% | 2 | 0 |
| 36 | Giles County | 2 | — | 0.4% | 0 | new |
| 37 | Campbell County | 2 | — | 0.4% | 5 | -3 |
| 38 | Grainger County | 2 | — | 0.4% | 1 | +1 |
| 39 | Cumberland County | 2 | — | 0.4% | 3 | -1 |
| 40 | White County | 2 | — | 0.4% | 0 | new |
The 40 counties with the most approvals; every county is on the Tennessee page.
FY2019 against FY2018
| Tennessee | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 466 | 545 |
| 7(a) dollars | $286M | $291M |
| Median 7(a) approval | $250K | $198K |
| 504 approvals | 21 | 23 |
| 504 dollars | $22.2M | $22.3M |
| Jobs supported, as reported | 7,015 | 6,382 |
Questions and answers
Which lenders made the most SBA loans in Tennessee in FY2019?
U.S. Bank, National Association (81), Pinnacle Bank (41), The Huntington National Bank (19), Celtic Bank Corporation (18), BayFirst National Bank (18). 96 lenders had at least one approval.
How many SBA loans were approved in Tennessee in FY2019?
487: 466 under 7(a) worth $286M and 21 under 504 worth $22.2M.
Which Tennessee counties had the most SBA approvals in FY2019?
Davidson County (77), Shelby County (75), Knox County (50), Williamson County (37), Hamilton County (32).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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