SBA 7(a) lenders in Montgomery, TN

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

65 institutions have SBA 7(a) loans on record in Montgomery, together $135.7M across 438 loans. United Community Bank is the largest, with 11% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	United Community Bank	47	$15.1M	11.1%	3.04%
2	U.S. Bank, National Association	121	$13.9M	10.3%	0.26%
3	Legends Bank	32	$10.9M	8.0%	2.75%
4	Planters Bank Inc	23	$6.2M	4.6%	0.00%
5	Pinnacle Bank	4	$6.0M	4.4%	0.00%
6	Truist Bank	6	$5.7M	4.2%	0.00%
7	Newtek Small Business Finance, Inc.	7	$5.2M	3.9%	0.00%
8	The Huntington National Bank	18	$4.6M	3.4%	0.00%
9	Live Oak Banking Company	3	$4.1M	3.1%	0.00%
10	First Merchants Bank	3	$4.1M	3.0%	0.00%
11	Harvest Small Business Finance, LLC	2	$3.9M	2.9%	0.00%
12	Wells Fargo Bank National Association	4	$3.7M	2.7%	0.00%
13	BayFirst National Bank	7	$3.5M	2.6%	2.39%
14	Bank7	2	$3.5M	2.6%	0.00%
15	BankUnited, National Association	2	$3.2M	2.4%	0.00%
16	FM Bank and Trust	2	$3.0M	2.2%	0.00%
17	First Financial Bank, National Association	25	$2.9M	2.1%	14.64%
18	Newtek Bank, National Association	7	$2.6M	1.9%	0.00%
19	United Midwest Savings Bank National Association	8	$2.5M	1.9%	0.00%
20	Loyal Trust Bank	1	$2.1M	1.6%	0.00%
21	First Bank of the Lake	3	$2.0M	1.4%	0.00%
22	First Horizon Bank	4	$1.9M	1.4%	0.00%
23	Altra Federal Credit Union	10	$1.6M	1.2%	8.05%
24	Citizens Bank	3	$1.6M	1.1%	0.00%
25	Regions Bank	2	$1.4M	1.0%	0.00%
26	Stearns Bank National Association	4	$1.3M	1.0%	0.00%
27	Readycap Lending, LLC	5	$1.2M	0.9%	0.00%
28	TowneBank	1	$1.2M	0.9%	0.00%
29	Fifth Third Bank	2	$1.2M	0.9%	0.00%
30	PCB Bank	2	$1.1M	0.8%	0.00%
31	First Bank	1	$1.0M	0.7%	0.00%
32	The Bancorp Bank National Association	3	$969K	0.7%	22.26%
33	Celtic Bank Corporation	6	$920K	0.7%	0.00%
34	Northeast Bank	8	$899K	0.7%	0.00%
35	New Millennium Bank	1	$850K	0.6%	0.00%
36	Gulf Coast Bank and Trust Company	2	$741K	0.5%	33.31%
37	First Financial Bank	1	$732K	0.5%	0.00%
38	KeyBank National Association	1	$575K	0.4%	0.00%
39	First Command Bank	1	$565K	0.4%	0.00%
40	First Farmers and Merchants Bank	2	$545K	0.4%	0.00%
41	Security Bank USA	3	$505K	0.4%	0.00%
42	Centennial Bank	1	$500K	0.4%	0.00%
43	Byline Bank	1	$500K	0.4%	0.00%
44	The Citizens National Bank of Meridian	2	$467K	0.3%	0.00%
45	Paragon Bank	1	$460K	0.3%	0.00%
46	Old National Bank	1	$436K	0.3%	0.00%
47	MidFirst Bank	1	$416K	0.3%	0.00%
48	American Bank & Trust Company, Inc.	1	$415K	0.3%	0.00%
49	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$350K	0.3%	0.00%
50	Bank of America, National Association	5	$306K	0.2%	0.00%
51	Forcht Bank, National Association	1	$286K	0.2%	0.00%
52	Grasshopper Bank National Association	1	$250K	0.2%	0.00%
53	Metro City Bank	1	$235K	0.2%	0.00%
54	Community First Bank of Indiana	1	$225K	0.2%	0.00%
55	SouthState Bank, National Association	1	$200K	0.1%	0.00%
56	VelocitySBA, LLC	20	$180K	0.1%	19.66%
57	Heritage Bank Inc	1	$150K	0.1%	0.00%
58	Beacon Bank and Trust	1	$120K	0.1%	0.00%
59	Carver State Bank	1	$108K	0.1%	0.00%
60	PromiseOne Bank	1	$100K	0.1%	0.00%
61	Brightbridge, Inc.	1	$77K	0.1%	0.00%
62	LiftFund, Inc.	1	$65K	0.0%	0.00%
63	CDC Small Business Finance Corp.	1	$40K	0.0%	0.00%
64	Fortera FCU	1	$38K	0.0%	0.00%
65	Bank of Hope	2	$30K	0.0%	12.83%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Health care & social assistance	48	$24.6M	18.1%
2	Accommodation & food services	77	$23.5M	17.3%
3	Other services	51	$21.7M	16.0%
4	Arts, entertainment & recreation	29	$11.3M	8.4%
5	Construction	61	$9.9M	7.3%
6	Transportation & warehousing	17	$9.0M	6.6%
7	Retail trade	30	$6.5M	4.8%
8	Wholesale trade	13	$6.3M	4.6%
9	Manufacturing	11	$5.7M	4.2%
10	Retail trade	31	$5.0M	3.7%
11	Real estate & leasing	10	$3.5M	2.6%
12	Administrative & waste services	19	$2.9M	2.1%
13	Professional & technical services	24	$2.9M	2.1%
14	Finance & insurance	4	$1.3M	1.0%
15	Manufacturing	4	$789K	0.6%
16	Educational services	6	$788K	0.6%
17	Transportation & warehousing	2	$50K	0.0%
18	Manufacturing	1	$40K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.