SBA lending data · fiscal year 2025
20 lenders funded full-service restaurants in Tennessee last year
34 SBA 7(a) loans approved under NAICS 722511. Median approval $295,000, median term 120 months, median initial rate 10%.
What was actually approved
Half of all approvals in this industry and state fell between $100,000 and $916,425. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.
The most active lenders
Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.
- 1Pinnacle Bank6 loans · $8.9M
- 2Newtek Bank, National Association5 loans · $2.8M
- 3Northeast Bank3 loans · $0.3M
- 4Celtic Bank Corporation2 loans · $0.2M
- 5Republic Bank & Trust Company2 loans · $0.1M
- 6Old National Bank2 loans · $2.3M
- 7SouthState Bank, National Association1 loan · $0.3M
- 8Truist Bank1 loan · $0.4M
- 9U.S. Bank, National Association1 loan · $0.1M
- 10Readycap Lending, LLC1 loan · $0.1M
- 11Lendistry SBLC, LLC1 loan · $0.3M
- 12Live Oak Banking Company1 loan · $0.4M
This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.
Is this industry getting easier or harder to finance?
| Fiscal year | Loans | Lenders | Median approval |
|---|---|---|---|
| FY2023 | 30 | 17 | $315,750 |
| FY2024 | 32 | 15 | $150,000 |
| FY2025 | 34 | 20 | $295,000 |
Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.
Where this comes from
The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.
This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Other industries in Tennessee
Full-Service Restaurants in other states
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