Pinnacle Bank approved 873 SBA loans worth $1.0B between October 2021 and June 2026, ranking #52 of 2,283 SBA lenders nationally by loan count. Its median loan was $702,000, and 46% went to startups or businesses under two years old. It lent in 34 states, most often in North Carolina, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| North Carolina | 191 | $212.5M | $678,000 | #9 |
| Tennessee | 166 | $173.9M | $687,650 | #6 |
| Georgia | 118 | $131.4M | $705,000 | #20 |
| South Carolina | 117 | $117.0M | $525,000 | #9 |
| Florida | 111 | $172.9M | $1,046,400 | #40 |
| Alabama | 44 | $62.2M | $742,750 | #15 |
| Virginia | 35 | $49.7M | $852,000 | #37 |
| Texas | 26 | $30.5M | $660,600 | #132 |
| Maryland | 10 | $8.1M | $607,500 | #57 |
| Mississippi | 7 | $8.9M | $665,000 | #35 |
| California | 6 | $9.3M | $659,500 | #202 |
| Pennsylvania | 6 | $8.6M | $1,213,550 | #121 |
| Arkansas | 3 | $1.6M | $585,100 | #58 |
| Colorado | 3 | $3.9M | $1,276,200 | #154 |
| Kansas | 3 | $2.0M | $416,700 | #105 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 132 | $599,000 | |
| Restaurants and hotels | 123 | $676,000 | |
| Construction | 102 | $731,000 | |
| Other services (repair, personal care) | 84 | $529,650 | |
| Professional and technical services | 79 | $752,500 | |
| Health care and social assistance | 76 | $698,500 | |
| Arts, entertainment and recreation | 58 | $644,150 | |
| Manufacturing | 57 | $1,500,000 | |
| Wholesale trade | 45 | $1,200,000 | |
| Administrative and support services | 45 | $631,000 |