Tennessee · Finance & Insurance
SBA loans for finance & insurance in Tennessee
214 loans worth $96.7M approved since FY2010 for finance and insurance projects located in Tennessee.
Loans
214
Approved
$96.7M
Median loan
$245,500
+23% vs sector nationally
Median rate
7.00%
Jobs supported
1,229
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 finance & insurance in Tennessee
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 29 | $32.7M | |
| Byline Bank | 10 | $7.1M | |
| Regions Bank | 5 | $4.9M | |
| Mid-Cumberland Area Development Corporation | 3 | $4.9M | |
| U.S. Bank | 16 | $3.2M | |
| SouthState Bank | 7 | $3.2M | |
| Wells Fargo Bank | 7 | $3.1M | |
| Pinnacle Bank | 9 | $3.1M |
Detail
Which industries inside the sector
All SBA lending in Tennessee
10,041 loans across every sector.
Finance & Insurance nationally
18,357 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to finance & insurance businesses in Tennessee?
- 214 SBA loans totalling $96,683,500 have been approved for finance and insurance projects in Tennessee since FY2010.
- Which lenders finance finance & insurance in Tennessee?
- The most active by dollars approved are Live Oak Banking Company, Byline Bank, Regions Bank, Mid-Cumberland Area Development Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for finance & insurance in Tennessee?
- The median approval is $245,500, 23% above the national median for this sector ($200,000).
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