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Full-Service Restaurants: SBA acquisition loans in Tennessee
11 SBA-financed business acquisitions in Tennessee classified as Full-Service Restaurants, FY2024–FY2026. Median loan $704K. See which lenders did them.
- Acquisitions financed
- 11
- Total approved
- $9.1M
- Median loan
- $704K
- Middle half of loans
- $486K to $1.1M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 2 | 18% | $1.1M | $2.2M |
| 2 | Pinnacle Bank | 2 | 18% | $782K | $1.6M |
| 3 | Old National Bank | 2 | 18% | $296K | $592K |
| 4 | First Internet Bank of Indiana | 1 | 9% | $2.3M | $2.3M |
| 5 | Cogent Bank | 1 | 9% | $1.2M | $1.2M |
| 6 | Wilson Bank & Trust | 1 | 9% | $498K | $498K |
| 7 | Oconee State Bank | 1 | 9% | $475K | $475K |
| 8 | Citizens Bank | 1 | 9% | $350K | $350K |
For comparison, the same industry nationwide: 1,235 loans, median $465K, median starting rate 9.50%. See Full-Service Restaurants in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.