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Paragon Bank

Memphis, TN 38119

⭐ SBA Preferred Lender
111
Loans Approved
$130.2M
Total Volume
$1.2M
Avg Loan Size
28
States Served

States Served

AlabamaArizonaCaliforniaColoradoFloridaGeorgiaIowaIdahoIndianaKentuckyMassachusettsMarylandMichiganMinnesotaMontanaNorth CarolinaNew JerseyNew YorkOhioPennsylvaniaPRSouth CarolinaTennesseeTexasUtahWashingtonWisconsinWest Virginia

Top Industries Financed

  • Fitness and Recreational Sports Centers
  • Child Day Care Services
  • Poultry Hatcheries
  • Other Personal Care Services
  • Bed-and-Breakfast Inns

About Paragon Bank

Paragon Bank is an SBA-approved lender headquartered in Memphis, Tennessee. Since 2020, they have approved 111 SBA 7(a) loans totaling $130.2M, with an average loan size of $1.2M. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 28 states.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days