SBA Loans for Securities Brokerage in Tennessee: Top Lenders
NAICS 523NAICS 523 covers securities brokerage businesses in Tennessee. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Tennessee
Median Loan Size
$331,000
per approval
Recent Activity
0
last 90 days through Aug 2023
NAICS 523 covers securities brokerage businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $331,000.
Key trends & insights
- Securities Brokerage in Tennessee lending is concentrated — THE Huntington National Bank, Bayfirst National Bank, Live OAK Banking Company together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 2 approvals (50% market share) and a median loan of $268,500.
- SBA data for this industry goes through 2023-08-13 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Securities Brokerage in Tennessee
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $268,500 | |
| 2 | 1 | $150,000 | |
| 3 | 1 | $1,440,000 |
Recent SBA 7(a) approvals for Securities Brokerage in Tennessee
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-08 | Live Oak Banking Company | DRS*****LLC | NASHVILLE, TN | $1,440,000 |
| 2023-01 | BayFirst National Bank | Bar*****nc. | CHATTANOOGA, TN | $150,000 |
| 2020-08 | The Huntington National Bank | Leg*****LLC | Brentwood, TN | $512,000 |
| 2020-08 | The Huntington National Bank | Leg*****LLC | Brentwood, TN | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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