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SBA lenders in Murfreesboro, TN

SBA 7(a) and 504 loans to businesses in Murfreesboro (Rutherford County), October 2021 to June 30, 2026 · Updated October 15, 2026
152
SBA loans approved
$88.3M
Total approved
$184,250
Median loan
48
Lenders active
48%
To startups

152 SBA loans worth $88.3M went to businesses in Murfreesboro, TN between October 2021 and June 2026, from 48 lenders. U.S. Bank made the most, 20 loans. The median loan was $184,250, compared with $246,500 across Tennessee, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Murfreesboro

#LenderLoansApprovedMedian loanTo startups
1U.S. Bank
Bank · Cincinnati, OH
20$5.8M$37,50040%
2Huntington National Bank
Bank · Columbus, OH
15$7.4M$175,00060%
3Readycap Lending
Non-bank lender · Berkeley Heights, NJ
8$2.6M$76,75012%
4Newtek Bank
Bank · Miami, FL
8$1.8M$75,50038%
5Northeast Bank
Bank · Portland, ME
8$691K$56,90012%
6Live Oak Banking
Bank · Wilmington, NC
7$9.9M$900,00071%
7Pinnacle Bank
Bank · Nashville, TN
6$5.2M$390,50050%
8Republic Bank & Trust
Bank · Louisville, KY
6$790K$81,000100%
9Regions Bank
Bank · Birmingham, AL
5$1.9M$300,00020%
10Merchants & Marine Bank
Bank · Pascagoula, MS
4$3.9M$832,5500%
11Bank of America
Bank · Charlotte, NC
4$2.2M$588,00025%
12Wells Fargo Bank
Bank · Sioux Falls, SD
4$668K$33,450100%
13United Midwest Savings Bank
Bank · Degraff, OH
4$650K$150,00075%
14Falcon National Bank
Bank · Foley, MN
3$7.3M$2,547,1000%
15South Central Tennessee Business Development
Certified development company · Mt. Pleasant, TN
3$5.9M$2,342,00067%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Murfreesboro. For 504 loans the lender shown is the certified development company.

What gets financed in Murfreesboro

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels20
13%
$489,000U.S. Bank
Retail20
13%
$115,000Northeast Bank
Administrative and support services17
11%
$150,000U.S. Bank
Professional and technical services16
11%
$412,000U.S. Bank
Other services (repair, personal care)15
10%
$50,000Wells Fargo Bank
Construction13
9%
$192,500Merchants & Marine Bank
Health care and social assistance12
8%
$292,000Live Oak Banking
Wholesale trade9
6%
$1,987,000Falcon National Bank
Loan size mix
  • Under $150,00041%
  • $150,000 to $500,00031%
  • $500,000 to $2 million20%
  • $2 million and up9%
Compared with Tennessee
Median loan, Murfreesboro
$184,250
Median loan, Tennessee
$246,500
Startup share, Murfreesboro
48%
Startup share, Tennessee
42%
Share of state's SBA loans
4.0%

SBA loans per fiscal year in Murfreesboro

0173350FY14: 11 loansFY14FY15: 16 loansFY15FY16: 15 loansFY16FY17: 15 loansFY17FY18: 21 loansFY18FY19: 15 loansFY19FY20: 12 loansFY20FY21: 16 loansFY21FY22: 29 loansFY22FY23: 25 loansFY23FY24: 29 loansFY24FY25: 42 loansFY2542FY26 (Oct to Jun): 27 loansFY2627
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.