Tennessee
Top SBA lenders in Memphis
Businesses in the Memphis area have received $496M across 800 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Memphis | Rating |
|---|---|---|---|
| 1 | Pinnacle Bank | $60M | 3.3(19) |
| 2 | Simmons Bank | $28M | 2.5(22) |
| 3 | Celtic Bank Corporation | $24M | 4.1(348) |
| 4 | Live Oak Banking Company | $21M | 3.4(145) |
| 5 | Wells Fargo Bank National Association | $21M | 3.0(23) |
| 6 | Paragon Bank | $20M | 4.7(6) |
| 7 | Guaranty Bank and Trust Company | $18M | 3.6(11) |
| 8 | Truist Bank | $18M | 2.4(45) |
| 9 | First Horizon Bank | $17M | 4.8(379) |
| 10 | Ameris Bank | $17M | 3.1(15) |
| 11 | Renasant Bank | $16M | 3.2(23) |
| 12 | Metro City Bank | $16M | 3.2(11) |
| 13 | The Huntington National Bank | $16M | 2.2(69) |
| 14 | Regions Bank | $15M | 2.7(108) |
| 15 | Newtek Small Business Finance, Inc. | $10M | 1.7(33) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Tennessee SBA lenders →
SBA lenders in Memphis — common questions
Which SBA lender is most active in Memphis?
Pinnacle Bank has approved the most SBA 7(a) & 504 funding for Memphis-area businesses — $60M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Memphis businesses received?
Businesses in the Memphis area have received $496M across 800 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Memphis?
No. SBA loans are federal, so a national or out-of-state lender can fund your Memphis business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Memphis SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Memphis area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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