37 SBA loans worth $17.4M went to businesses in Hermitage, TN between October 2021 and June 2026, from 20 lenders. U.S. Bank made the most, 7 loans. The median loan was $150,000, compared with $246,500 across Tennessee, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | U.S. Bank Bank · Cincinnati, OH | 7 | $286K | $20,600 | 43% |
| 2 | Huntington National Bank Bank · Columbus, OH | 3 | $1.3M | $250,000 | 67% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $149K | $50,000 | 0% |
| 4 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $35K | $10,000 | 100% |
| 5 | Northwest Bank Bank · Boise, ID | 2 | $3.1M | $1,562,500 | 0% |
| 6 | Sonata Bank Bank · Brentwood, TN | 2 | $1.2M | $613,250 | 100% |
| 7 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $770K | $385,000 | 50% |
| 8 | Newtek Bank Bank · Miami, FL | 2 | $125K | $62,500 | 0% |
| 9 | Northeast Bank Bank · Portland, ME | 2 | $40K | $19,900 | 0% |
| 10 | Brightbridge Certified development company · Chattanooga, TN | 1 | $4.9M | $4,864,000 | 100% |
| 11 | Wilson Bank & Trust Bank · Lebanon, TN | 1 | $1.5M | $1,524,500 | 100% |
| 12 | Midwest Regional Bank Bank · Clayton, MO | 1 | $754K | $754,000 | 100% |
| 13 | Stearns Bank Bank · St. Cloud, MN | 1 | $682K | $682,000 | 100% |
| 14 | Evolve Bank and Trust Bank · West Memphis, AR | 1 | $519K | $519,400 | 100% |
| 15 | Ameris Bank Bank · Atlanta, GA | 1 | $514K | $514,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 13 | $250,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 5 | $300,000 | Northwest Bank | |
| Construction | 4 | $37,500 | U.S. Bank | |
| Health care and social assistance | 3 | $318,000 | Hometown Bank | |
| Retail | 3 | $20,000 | Wells Fargo Bank | |
| Administrative and support services | 2 | $235,500 | United Midwest Savings Bank | |
| Professional and technical services | 2 | $94,500 | U.S. Bank | |
| Education | 1 | $10,000 | Wells Fargo Bank |