SBA Loans for Boat Dealers in Tennessee: Top Lenders

NAICS 441

NAICS 441 covers boat dealers businesses in Tennessee. Based on historical SBA 7(a) lending data.

Total Approvals

8

in Tennessee

Median Loan Size

$257,500

per approval

Recent Activity

0

last 90 days through Oct 2024

NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $257,500.

Key trends & insights

  • Boat Dealers in Tennessee lending is concentrated — Pinnacle Bank, Wilson Bank & Trust, U.s. Bank, National Association together account for 63% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Pinnacle Bank leads this industry with 3 approvals (38% market share) and a median loan of $632,700.
  • SBA data for this industry goes through 2024-10-24 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Boat Dealers in Tennessee

#LenderApprovalsMedian Size
13$632,700
21$1,759,000
31$275,000
41$60,600
51$50,000
61$240,000

Recent SBA 7(a) approvals for Boat Dealers in Tennessee

MonthLenderBorrowerAmount
2024-10Northeast BankSAM*****ORP$50,000
2024-10Cadence BankAUT*****LLC$240,000
2024-02Newtek Bank, National AssociationTen*****LLC$75,000
2023-12Wilson Bank & TrustTri*****LLC$1,759,000
2023-02Pinnacle BankShi*****LLC$105,000
2023-02Pinnacle BankShi*****LLC$632,700
2021-06U.S. Bank, National AssociationLaV*****les$275,000
2021-04Cadence BankTES*****LLC$450,000
2020-08Pinnacle BankNAS*****INC$2,268,000
2020-02Mountain Commerce BankDun*****nc.$60,600

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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