Best SBA Lenders in Clarksville, TN (2026)
2025 FOIA data: top lenders, rates & industries for Clarksville SBA loans
SBA Loans in Clarksville, Tennessee
Looking for an SBA loan in Clarksville, Tennessee? Based on 2025 FOIA data, 39 SBA 7(a) loans were funded in Clarksville totaling $16.8M, supporting an estimated 456 jobs. With 21 active lenders competing for business in the Clarksville market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Clarksville is $432K at an average rate of 10.31%. The top lender in Clarksville is First Savings Bank, with the most-funded industry being Limited-Service Restaurants. See all Tennessee SBA lenders for statewide rankings.
SBA Loans in Clarksville by Business Type
Whether you’re starting a new business in Clarksville, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 59% of SBA loans in Clarksville (12 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 11% (4 loans) — if you’re looking to buy a business in Clarksville, this is a proven use case for SBA financing. Existing businesses make up 26% and typically receive the most favorable terms.
Top SBA Lenders in Clarksville, TN (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Clarksville businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | First Savings Bank | $2.7M | 1 | 8.75% |
| 2 | Pinnacle Bank | $2.0M | 1 | 8.75% |
| 3 | Citizens Bank | $1.6M | 3 | 10.5% |
| 4 | First Bank of the Lake | $1.4M | 1 | 9.25% |
| 5 | Regions Bank | $1.3M | 1 | 7.75% |
| 6 | Dogwood State Bank | $1.2M | 1 | 10.25% |
| 7 | Readycap Lending, LLC | $1.1M | 3 | 11.33% |
| 8 | The Huntington National Bank | $858K | 4 | 10.25% |
| 9 | First Financial Bank | $732K | 1 | 8.5% |
| 10 | Live Oak Banking Company | $546K | 1 | 10% |
The top lenders in Clarksville have direct experience with local businesses and understand the Clarksville market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Clarksville and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Clarksville
One 5-minute application. 21+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Clarksville
These are the industries that received the most SBA 7(a) funding in Clarksville in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Limited-Service Restaurants | 5 | $3.6M |
| Cafeterias, Grill Buffets, and Buffets | 1 | $2.7M |
| Full-Service Restaurants | 3 | $2.5M |
| Fitness and Recreational Sports Centers | 3 | $1.1M |
| Pet Care (except Veterinary) Services | 1 | $732K |
| Supermarkets and Other Grocery (except Convenience) Stores | 1 | $614K |
| Janitorial Services | 1 | $546K |
| Offices of Physicians, Mental Health Specialists | 1 | $480K |
| Snack and Nonalcoholic Beverage Bars | 1 | $425K |
| All Other Amusement and Recreation Industries | 2 | $368K |
Lenders with experience funding your specific industry in Clarksville understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Clarksville
Option 1: Apply directly to one of the top Clarksville lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Clarksville-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
