Paragon Bank approved 75 SBA loans worth $92.1M between October 2021 and June 2026, ranking #435 of 2,283 SBA lenders nationally by loan count. Its median loan was $875,000, and 57% went to startups or businesses under two years old. It lent in 20 states, most often in Georgia, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Georgia | 29 | $29.5M | $740,000 | #63 |
| Tennessee | 12 | $17.9M | $931,200 | #42 |
| North Carolina | 7 | $9.8M | $926,600 | #98 |
| Ohio | 4 | $8.2M | $1,380,750 | #131 |
| Florida | 3 | $3.7M | $800,000 | #219 |
| Utah | 3 | $1.6M | $498,900 | #82 |
| Alabama | 2 | $1.4M | $690,900 | #108 |
| Colorado | 2 | $1.9M | $965,000 | #189 |
| Texas | 2 | $862K | $430,750 | #347 |
| Indiana | 1 | $885K | $885,000 | #212 |
| Maryland | 1 | $1.1M | $1,080,500 | #158 |
| Massachusetts | 1 | $1.9M | $1,919,500 | #207 |
| New Jersey | 1 | $580K | $580,000 | #196 |
| Montana | 1 | $1.8M | $1,800,000 | #101 |
| Minnesota | 1 | $1.5M | $1,500,000 | #226 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 15 | $730,000 | |
| Health care and social assistance | 12 | $919,300 | |
| Arts, entertainment and recreation | 10 | $425,550 | |
| Agriculture, forestry and fishing | 9 | $1,326,000 | |
| Restaurants and hotels | 7 | $2,507,400 | |
| Manufacturing | 6 | $722,500 | |
| Transportation and warehousing | 4 | $948,500 | |
| Retail | 3 | $2,311,000 | |
| Construction | 2 | $478,650 | |
| Real estate and rental | 2 | $1,287,250 |