# SBA loans to home remodeling contractors in Tennessee **Short answer:** SBA's loan file shows 91 loans to home remodeling contractors in Tennessee since October 2019. U.S. Bank made 48.4% of them, against 11.6% nationally and 12.6% of all loans in Tennessee. 50.5% went to businesses more than two years old, against 69.2% nationally. Canonical page: https://www.sbaexpress.loans/industries/residential-remodelers/tennessee/ Data as of: 2026-06-30 These are the 91 SBA 7(a) loans to [home remodeling contractors](https://www.sbaexpress.loans/industries/residential-remodelers/) in [Tennessee](https://www.sbaexpress.loans/tennessee-small-business-loans/) approved October 2019 to June 2026. Each figure is set against the national figure for the same industry and period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what lenders have done and not what any lender will do for you. Every state page for this industry uses this same period, so the pages can be compared with each other. ## How Tennessee differs from the U.S. **What this means for you.** One lender made a large share of these loans in Tennessee, so compare more than one lender before you apply. ### Lender concentration [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) made 48.4% of these loans (44 of 91). Nationally it made 11.6% of loans to home remodeling contractors. It made 12.6% of all SBA loans in Tennessee. ### Established businesses 50.5% of the loans in Tennessee went to businesses more than two years old, against 69.2% nationally. In business more than 2 years, share of loans, Oct 2019 to Jun 2026 - Tennessee: 50.5% - United States: 69.2% ### Lines of credit 33.0% of the loans in Tennessee were lines of credit, against 51.6% nationally. Lines of credit, share of loans, Oct 2019 to Jun 2026 - Tennessee: 33.0% - United States: 51.6% We compared 8 measures with the national figure for the same period, and these are the 3 that differ clearly. One more difference is in the table. ## Tennessee next to the U.S. **Tennessee compared with all loans to home remodeling contractors in the U.S., October 2019 to June 2026** | Measure | Tennessee | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 2.3% | 2.1% | No clear gap | | Median loan | $50,000 | $75,350 | No clear gap | | Middle half of loans | $30,000 to $150,000 | $30,000 to $150,000 | – | | Startups (the loan opens the business) | 24.2% | 10.6% | Clearly higher | | In business 2 years or less | 22.0% | 15.9% | No clear gap | | In business more than 2 years | 50.5% | 69.2% | Clearly lower | | Change of ownership | Fewer than 5 | 2.9% | n/a | | SBA Express | 56.0% | 65.8% | No clear gap | | Lines of credit | 33.0% | 51.6% | Clearly lower | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2.75 points over Prime | 2.8 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## Who lends in Tennessee The 4 lenders below made 70 of the 91 loans approved October 2019 to June 2026, or 76.9%. A lender is listed when it has 5 or more of them, five at most. **Top lenders in Tennessee** | Lender | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 44 | 48.4% | 11.6% | | [United Midwest Savings Bank](https://www.sbaexpress.loans/sba-express-lenders/united-midwest-savings-bank/) | 13 | 14.3% | 5.1% | | [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/) | 8 | 8.8% | 16.4% | | [BayFirst National Bank](https://www.sbaexpress.loans/sba-express-lenders/bayfirst-national-bank/) | 5 | 5.5% | Not in top 5 | Share here is the lender's share of the loans in this state. U.S. share is its share of all loans to this industry nationally. Not in top 5 means it is not one of the five lenders with the most loans to the industry. ## Home remodeling contractors in other states Other states where these loans differ clearly from the national pattern, most loans first. **Home remodeling contractors by state** | State | Loans since October 2019 | | --- | --- | | [Ohio](https://www.sbaexpress.loans/industries/residential-remodelers/ohio/) | 693 | | [California](https://www.sbaexpress.loans/industries/residential-remodelers/california/) | 621 | | [New York](https://www.sbaexpress.loans/industries/residential-remodelers/new-york/) | 609 | | [Florida](https://www.sbaexpress.loans/industries/residential-remodelers/florida/) | 455 | | [New Jersey](https://www.sbaexpress.loans/industries/residential-remodelers/new-jersey/) | 336 | | [Pennsylvania](https://www.sbaexpress.loans/industries/residential-remodelers/pennsylvania/) | 334 | | [Michigan](https://www.sbaexpress.loans/industries/residential-remodelers/michigan/) | 317 | | [Texas](https://www.sbaexpress.loans/industries/residential-remodelers/texas/) | 317 | ## More industries in Tennessee Other industries in Tennessee with a clear difference from the national pattern, most loans first. **Other industries in Tennessee** | Industry | Loans since October 2019 | | --- | --- | | [Fast-food, pizza and counter-service restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/tennessee/) | 175 | | [Sit-down restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/tennessee/) | 165 | | [Gyms, fitness studios and recreational sports centers](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/tennessee/) | 130 | | [Day spas, medical spas, massage, tattoo and tanning studios](https://www.sbaexpress.loans/industries/other-personal-care-services/tennessee/) | 75 | | [Landscaping and lawn care companies](https://www.sbaexpress.loans/industries/landscaping-services/tennessee/) | 61 | | [Dental practices](https://www.sbaexpress.loans/industries/offices-of-dentists/tennessee/) | 52 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Industry is the NAICS code recorded on each loan. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)