SBA Loans for Sewing in Tennessee: Top Lenders
NAICS 451NAICS 451 covers sewing, needlework, and piece goods stores businesses in Tennessee. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Tennessee
Median Loan Size
$40,000
per approval
Recent Activity
0
last 90 days through Dec 2022
NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $40,000.
Key trends & insights
- Sewing in Tennessee loans skew smaller than the SBA average at $40,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2022-12-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Sewing in Tennessee
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $32,000 | |
| 2 | 1 | $628,000 |
Recent SBA 7(a) approvals for Sewing in Tennessee
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-12 | Cadence Bank | Ove*****LLC | MEMPHIS, TN | $628,000 |
| 2021-06 | U.S. Bank, National Association | GUI*****YED | NASHVILLE, TN | $40,000 |
| 2020-08 | U.S. Bank, National Association | GSM*****LLC | SEVIERVILLE, TN | $24,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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