SBA 7(a) lenders in Tipton, TN
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.
Lenders
23 institutions have SBA 7(a) loans on record in Tipton, together $12.8M across 34 loans. Live Oak Banking Company is the largest, with 39% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 2 | $5.0M | 39.1% | 0.00% |
| 2 | T Bank, National Association | 1 | $1.1M | 8.4% | 0.00% |
| 3 | Pinnacle Bank | 2 | $1.0M | 8.1% | 0.00% |
| 4 | U.S. Bank, National Association | 2 | $880K | 6.9% | 0.00% |
| 5 | First Bank of the Lake | 1 | $523K | 4.1% | 0.00% |
| 6 | BayFirst National Bank | 3 | $495K | 3.9% | 0.00% |
| 7 | Customers Bank | 1 | $459K | 3.6% | 0.00% |
| 8 | Guaranty Bank and Trust Company | 1 | $435K | 3.4% | 0.00% |
| 9 | Old National Bank | 1 | $350K | 2.7% | 0.00% |
| 10 | Renasant Bank | 2 | $348K | 2.7% | 0.00% |
| 11 | Brighton Bank | 2 | $317K | 2.5% | 42.69% |
| 12 | First Financial Bank | 1 | $310K | 2.4% | 0.00% |
| 13 | Readycap Lending, LLC | 1 | $300K | 2.3% | 0.00% |
| 14 | INSOUTH Bank | 1 | $200K | 1.6% | 0.00% |
| 15 | Northeast Bank | 1 | $192K | 1.5% | 0.00% |
| 16 | Navy FCU | 1 | $176K | 1.4% | 0.00% |
| 17 | PNC Bank, National Association | 1 | $170K | 1.3% | 0.00% |
| 18 | United Midwest Savings Bank National Association | 1 | $150K | 1.2% | 0.00% |
| 19 | Newtek Small Business Finance, LLC | 1 | $150K | 1.2% | 98.70% |
| 20 | Five Star Bank | 1 | $125K | 1.0% | 0.00% |
| 21 | VelocitySBA, LLC | 5 | $43K | 0.3% | 50.59% |
| 22 | Randolph-Brooks FCU | 1 | $30K | 0.2% | 0.00% |
| 23 | Wells Fargo Bank National Association | 1 | $15K | 0.1% | 0.00% |
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 | 7 | $6.4M | 50.0% |
| 2 | Construction | 9 | $3.3M | 25.9% |
| 3 | Retail trade | 6 | $853K | 6.7% |
| 4 | Other services | 2 | $823K | 6.4% |
| 5 | Accommodation & food services | 2 | $470K | 3.7% |
| 6 | Transportation & warehousing | 2 | $380K | 3.0% |
| 7 | Manufacturing | 1 | $176K | 1.4% |
| 8 | Mining & extraction | 1 | $150K | 1.2% |
| 9 | Wholesale trade | 1 | $150K | 1.2% |
| 10 | Professional & technical services | 1 | $50K | 0.4% |
| 11 | Retail trade | 1 | $30K | 0.2% |
| 12 | Manufacturing | 1 | $8K | 0.1% |
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.