SBA acquisition lenders in Tennessee
279 recorded SBA 7(a) acquisition approvals in Tennessee, FY2024–FY2026. Median approved loan: $886K. Explore lenders and industry activity.
- Acquisitions financed
- 279
- Total approved
- $347.8M
- Median loan
- $886K
- Middle half of loans
- $411K to $1.8M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in Tennessee
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 41 | 15% | $350K | $36.7M |
| 2 | Live Oak Banking Company | 31 | 11% | $986K | $39.3M |
| 3 | Pinnacle Bank | 28 | 10% | $1.1M | $36.7M |
| 4 | Old National Bank | 11 | 4% | $417K | $6.1M |
| 5 | United Midwest Savings Bank National Association | 10 | 4% | $493K | $9.7M |
| 6 | Wilson Bank & Trust | 9 | 3% | $498K | $9.5M |
| 7 | Byline Bank | 9 | 3% | $525K | $8.2M |
| 8 | First Financial Bank | 6 | 2% | $1.8M | $10.8M |
| 9 | Paragon Bank | 6 | 2% | $1.3M | $10.2M |
| 10 | Milestone Bank | 6 | 2% | $1.2M | $8.3M |
| 11 | GBank | 4 | 1% | $1.8M | $9.6M |
| 12 | First Internet Bank of Indiana | 4 | 1% | $982K | $4.3M |
| 13 | BayFirst National Bank | 4 | 1% | $478K | $4.1M |
| 14 | United Community Bank | 3 | 1% | $2.7M | $8.0M |
| 15 | Beacon Bank and Trust | 3 | 1% | $2.0M | $7.6M |
What is being bought in Tennessee
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Hotels (except Casino Hotels) and Motels | 15 | 5% | $2.7M | $44.9M |
| 2 | Offices of Certified Public Accountants | 12 | 4% | $684K | $12.6M |
| 3 | Full-Service Restaurants | 11 | 4% | $704K | $9.1M |
| 4 | All Other Specialty Trade Contractors | 9 | 3% | $447K | $9.2M |
| 5 | Limited-Service Restaurants | 8 | 3% | $892K | $8.9M |
| 6 | Fitness and Recreational Sports Centers | 8 | 3% | $452K | $6.5M |
| 7 | Other Personal Care Services | 7 | 3% | $613K | $4.6M |
| 8 | General Automotive Repair | 7 | 3% | $492K | $4.5M |
| 9 | Pet Care (except Veterinary) Services | 6 | 2% | $813K | $6.6M |
| 10 | Landscaping Services | 6 | 2% | $330K | $4.5M |
| 11 | Insurance Agencies and Brokerages | 6 | 2% | $428K | $2.6M |
| 12 | Assisted Living Facilities for the Elderly | 4 | 1% | $1.7M | $8.4M |
| 13 | All Other Amusement and Recreation Industries | 4 | 1% | $890K | $4.0M |
| 14 | All Other Home Furnishings Retailers | 4 | 1% | $621K | $3.2M |
| 15 | All Other Personal Services | 4 | 1% | $568K | $2.6M |
Tennessee by industry
- Hotels (except Casino Hotels) and Motels 15
- Offices of Certified Public Accountants 12
- Full-Service Restaurants 11
- All Other Specialty Trade Contractors 9
- Limited-Service Restaurants 8
- Fitness and Recreational Sports Centers 8
- Other Personal Care Services 7
- General Automotive Repair 7
- Pet Care (except Veterinary) Services 6
- Landscaping Services 6
- Insurance Agencies and Brokerages 6