South Central Tennessee Business Development approved 21 SBA loans worth $30.5M between October 2021 and June 2026, ranking #879 of 2,283 SBA lenders nationally by loan count. Its median loan was $1,005,000, and 33% went to startups or businesses under two years old. It lent in 1 states, most often in Tennessee, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Tennessee | 21 | $30.5M | $1,005,000 | #29 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 8 | $2,007,000 | |
| Health care and social assistance | 3 | $836,000 | |
| Retail | 3 | $865,000 | |
| Other services (repair, personal care) | 2 | $1,101,000 | |
| Real estate and rental | 2 | $429,000 | |
| Finance and insurance | 1 | $379,000 | |
| Manufacturing | 1 | $3,043,000 | |
| Wholesale trade | 1 | $913,000 |