FY2026 to date1 Oct 2025 – 30 Jun 2026
SBA loans in Tennessee, FY2026
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.
So far in FY2026 (1 October 2025 to 30 Jun 2026) SBA approved 614 loans in Tennessee: 596 under 7(a) and 18 under 504, worth $376M.
The fiscal year is still open, so these counts will grow with each quarterly release.
Tennessee accounted for 1.4% of the 45,283 approvals nationwide that year. 109 lenders had at least one approval in the state; Newtek Bank, National Association had the most, 76.
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 FY2026, of 109 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 7(a) | 76 | $21.3M | 12.4% | 105 | — |
| 2 | U.S. Bank, National Association | 7(a) | 69 | $15.2M | 11.2% | 95 | — |
| 3 | Northeast Bank | 7(a) | 43 | $7.0M | 7.0% | 124 | — |
| 4 | Readycap Lending, LLC | 7(a) | 26 | $2.8M | 4.2% | 53 | — |
| 5 | Live Oak Banking Company | 7(a) | 25 | $34.1M | 4.1% | 40 | — |
| 6 | Pinnacle Bank | 7(a) | 24 | $30.0M | 3.9% | 36 | — |
| 7 | The Huntington National Bank | 7(a) | 20 | $13.9M | 3.3% | 107 | — |
| 8 | Old National Bank | 7(a) | 16 | $10.7M | 2.6% | 12 | — |
| 9 | Celtic Bank Corporation | 7(a) | 15 | $6.1M | 2.4% | 21 | — |
| 10 | United Midwest Savings Bank National Association | 7(a) | 13 | $3.5M | 2.1% | 33 | — |
| 11 | The Citizens National Bank of Meridian | 7(a) | 13 | $2.7M | 2.1% | 7 | — |
| 12 | CenTrust Bank, A Division of SmartBiz Bank National Association | 7(a) | 13 | $2.1M | 2.1% | 4 | — |
| 13 | Brightbridge, Inc. | 504 | 12 | $13.6M | 2.0% | 19 | — |
| 14 | Regions Bank | 7(a) | 11 | $4.3M | 1.8% | 28 | — |
| 15 | Republic Bank & Trust Company | 7(a) | 11 | $3.6M | 1.8% | 6 | — |
| 16 | Byline Bank | 7(a) | 10 | $9.3M | 1.6% | 3 | — |
| 17 | First Bank of the Lake | 7(a) | 10 | $7.8M | 1.6% | 17 | — |
| 18 | Fifth Third Bank | 7(a) | 8 | $14.4M | 1.3% | 5 | — |
| 19 | Wells Fargo Bank National Association | 7(a) | 8 | $7.2M | 1.3% | 13 | — |
| 20 | Citizens Bank | 7(a) | 8 | $7.0M | 1.3% | 10 | — |
| 21 | Bank Five Nine | 7(a) | 8 | $2.0M | 1.3% | 4 | — |
| 22 | Bank of America, National Association | 7(a) | 7 | $2.1M | 1.1% | 13 | — |
| 23 | Peoples Bank | 7(a) | 6 | $13.3M | 1.0% | 2 | — |
| 24 | First Horizon Bank | 7(a) | 6 | $2.8M | 1.0% | 0 | — |
| 25 | JPMorgan Chase Bank, National Association | 7(a) | 6 | $1.2M | 1.0% | 11 | — |
| 26 | Lendistry SBLC, LLC | 7(a) | 6 | $1.2M | 1.0% | 20 | — |
| 27 | First-Citizens Bank & Trust Company | 7(a) | 5 | $7.5M | 0.8% | 4 | — |
| 28 | United Community Bank | 7(a) | 5 | $4.6M | 0.8% | 7 | — |
| 29 | Oconee State Bank | 7(a) | 4 | $2.3M | 0.7% | 1 | — |
| 30 | First Farmers and Merchants Bank | 7(a) | 4 | $1.8M | 0.7% | 10 | — |
| 31 | First Command Bank | 7(a) | 4 | $1.5M | 0.7% | 0 | — |
| 32 | Magnifi Financial CU | 7(a) | 4 | $1.1M | 0.7% | 2 | — |
| 33 | CDC Small Business Finance Corp. | 7(a) | 4 | $790K | 0.7% | 1 | — |
| 34 | Harvest Small Business Finance, LLC | 7(a) | 3 | $6.1M | 0.5% | 2 | — |
| 35 | ConnectOne Bank | 7(a) | 3 | $4.2M | 0.5% | 0 | — |
| 36 | PromiseOne Bank | 7(a) | 3 | $3.9M | 0.5% | 1 | — |
| 37 | Wilson Bank & Trust | 7(a) | 3 | $3.0M | 0.5% | 5 | — |
| 38 | Gulf Coast Bank and Trust Company | 7(a) | 3 | $3.0M | 0.5% | 4 | — |
| 39 | First Internet Bank of Indiana | 7(a) | 3 | $2.1M | 0.5% | 1 | — |
| 40 | KeyBank National Association | 7(a) | 3 | $1.4M | 0.5% | 0 | — |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|
| 1 | Davidson County | 95 | $54.3M | 15.5% | 201 | — |
| 2 | Shelby County | 70 | $34.5M | 11.4% | 110 | — |
| 3 | Williamson County | 63 | $35.9M | 10.3% | 75 | — |
| 4 | Knox County | 53 | $39.4M | 8.6% | 111 | — |
| 5 | Rutherford County | 37 | $20.2M | 6.0% | 58 | — |
| 6 | Montgomery County | 36 | $17.4M | 5.9% | 44 | — |
| 7 | Hamilton County | 33 | $17.8M | 5.4% | 61 | — |
| 8 | Sumner County | 25 | $14.7M | 4.1% | 45 | — |
| 9 | Maury County | 21 | $8.2M | 3.4% | 27 | — |
| 10 | Wilson County | 16 | $17.6M | 2.6% | 31 | — |
| 11 | Blount County | 15 | $10.8M | 2.4% | 21 | — |
| 12 | Washington County | 11 | $9.7M | 1.8% | 12 | — |
| 13 | Sevier County | 10 | $7.1M | 1.6% | 20 | — |
| 14 | Bradley County | 8 | $2.5M | 1.3% | 6 | — |
| 15 | Putnam County | 7 | $9.5M | 1.1% | 17 | — |
| 16 | Bedford County | 7 | $12.0M | 1.1% | 5 | — |
| 17 | Cheatham County | 7 | $4.4M | 1.1% | 6 | — |
| 18 | Coffee County | 6 | $2.2M | 1.0% | 9 | — |
| 19 | Hamblen County | 6 | $5.2M | 1.0% | 5 | — |
| 20 | Madison County | 5 | $4.8M | 0.8% | 11 | — |
| 21 | Dickson County | 5 | $1.4M | 0.8% | 8 | — |
| 22 | Greene County | 5 | $4.1M | 0.8% | 5 | — |
| 23 | Sullivan County | 4 | $623K | 0.7% | 17 | — |
| 24 | Anderson County | 4 | $1.2M | 0.7% | 7 | — |
| 25 | Fayette County | 4 | $3.2M | 0.7% | 1 | — |
| 26 | Robertson County | 3 | $627K | 0.5% | 12 | — |
| 27 | Carter County | 3 | $896K | 0.5% | 2 | — |
| 28 | Loudon County | 3 | $4.2M | 0.5% | 12 | — |
| 29 | Lawrence County | 3 | $728K | 0.5% | 5 | — |
| 30 | Lincoln County | 2 | — | 0.3% | 2 | — |
| 31 | Gibson County | 2 | — | 0.3% | 3 | — |
| 32 | Tipton County | 2 | — | 0.3% | 2 | — |
| 33 | Morgan County | 2 | — | 0.3% | 0 | — |
| 34 | Jefferson County | 2 | — | 0.3% | 7 | — |
| 35 | Weakley County | 2 | — | 0.3% | 4 | — |
| 36 | Pickett County | 2 | — | 0.3% | 0 | — |
| 37 | Campbell County | 2 | — | 0.3% | 2 | — |
| 38 | Cumberland County | 2 | — | 0.3% | 9 | — |
| 39 | Obion County | 2 | — | 0.3% | 2 | — |
| 40 | Franklin County | 2 | — | 0.3% | 4 | — |
The 40 counties with the most approvals; every county is on the Tennessee page.
FY2026 against FY2025
| Tennessee | FY2026 to date | FY2025 |
|---|---|---|
| 7(a) approvals | 596 | 1,020 |
| 7(a) dollars | $352M | $547M |
| Median 7(a) approval | $250K | $206K |
| 504 approvals | 18 | 26 |
| 504 dollars | $23.5M | $46.6M |
| Jobs supported, as reported | 6,786 | 10,836 |
Questions and answers
Which lenders made the most SBA loans in Tennessee in FY2026?
Newtek Bank, National Association (76), U.S. Bank, National Association (69), Northeast Bank (43), Readycap Lending, LLC (26), Live Oak Banking Company (25). 109 lenders had at least one approval.
How many SBA loans were approved in Tennessee in FY2026?
614 to 30 Jun 2026: 596 under 7(a) worth $352M and 18 under 504 worth $23.5M.
Which Tennessee counties had the most SBA approvals in FY2026?
Davidson County (95), Shelby County (70), Williamson County (63), Knox County (53), Rutherford County (37).
When does FY2026 start and end?
The federal fiscal year 2026 runs from 1 October 2025 to 30 September 2026. The files used here stop at 30 Jun 2026.
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