Tennessee · Construction
SBA loans for construction in Tennessee
1,058 loans worth $321.0M approved since FY2010 for construction projects located in Tennessee.
Loans
1,058
Approved
$321.0M
Median loan
$100,000
+0% vs sector nationally
Median rate
8.24%
Jobs supported
8,776
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to construction in Tennessee
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Pinnacle Bank | 44 | $34.6M | |
| Truist Bank | 43 | $24.6M | |
| U.S. Bank | 362 | $20.6M | |
| The Huntington National Bank | 58 | $18.4M | |
| First Horizon Bank | 18 | $18.3M | |
| Simmons Bank | 23 | $14.8M | |
| Live Oak Banking Company | 18 | $13.6M | |
| SouthState Bank | 9 | $9.3M |
Detail
Which industries inside the sector
All SBA lending in Tennessee
10,041 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in Tennessee?
- 1,058 SBA loans totalling $321,032,100 have been approved for construction projects in Tennessee since FY2010.
- Which lenders finance construction in Tennessee?
- The most active by dollars approved are Pinnacle Bank, Truist Bank, U.S. Bank, The Huntington National Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in Tennessee?
- The median approval is $100,000.
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