Best Memphis, TN SBA Lenders & Rates of 2026
Top SBA 7(a) lenders in Memphis, Tennessee ranked by 2025 lending data.
40
SBA Loans Funded
$25M
Total Volume
10.29%
Avg Interest Rate
19
Active Lenders
Looking for an SBA loan in Memphis, Tennessee? Based on 2025 FOIA data, 40 SBA 7(a) loans were funded in Memphis totaling $25M. Below are the top lenders and industries receiving SBA funding in your area. See all Tennessee SBA lenders for statewide rankings.
Top 19 SBA Lenders in Memphis, TN (2025 Data)
| # | Lender | Loans | Total Approved |
|---|---|---|---|
| 1 | Pinnacle Bank | 7 | $7M |
| 2 | Live Oak Banking Company | 6 | $5M |
| 3 | Renasant Bank | 1 | $2M |
| 4 | United Community Bank | 1 | $2M |
| 5 | Readycap Lending, LLC | 5 | $1M |
| 6 | T Bank | 1 | $1M |
| 7 | First Bank of the Lake | 1 | $935K |
| 8 | Fifth Third Bank | 1 | $776K |
| 9 | The Citizens National Bank of Meridian | 2 | $697K |
| 10 | Metro City Bank | 1 | $480K |
| 11 | BayFirst National Bank | 3 | $450K |
| 12 | Northeast Bank | 2 | $400K |
| 13 | Bank of Belleville | 1 | $308K |
| 14 | Celtic Bank Corporation | 2 | $300K |
| 15 | Bank Five Nine | 1 | $276K |
| 16 | Newtek Bank | 2 | $180K |
| 17 | Regions Bank | 1 | $159K |
| 18 | CenTrust Bank, A Division of SmartBiz Bank National Associat | 1 | $150K |
| 19 | U.S. Bank | 1 | $93K |
Top Industries Funded in Memphis
| Industry | Loans | Total Approved |
|---|---|---|
| Offices of Dentists | 3 | $4M |
| Security Systems Services (except Locksmiths) | 1 | $3M |
| Limited-Service Restaurants | 6 | $3M |
| Hotels (except Casino Hotels) and Motels | 1 | $2M |
| Commercial and Industrial Machinery and Equipment (except Automotive a | 2 | $2M |
| Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Sta | 1 | $1M |
| Professional and Management Development Training | 1 | $1M |
| Offices of Lawyers | 2 | $1M |
| Residential Remodelers | 1 | $830K |
| All Other Professional, Scientific, and Technical Services | 2 | $671K |
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