SBA lender profile
Bank3
Bank3 appears in the public SBA loan data with 11 funded 7(a) loans totaling $10.4M, an average of $943K per loan, and an estimated 178 jobs supported. Its SBA lending concentrates in Tennessee and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
11
Total volume
$10.4M
Average loan size
$943K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
178
Programs
7(a)
Bank profile
via FDIC- Total assets
- $491M
- Headquarters
- Memphis, TN
- FDIC cert
- #15205
- Status
- Active
Where Bank3 lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Tennessee | 6 | $5.3M |
| Mississippi | 2 | $3.9M |
| Arkansas | 1 | $500K |
| Kentucky | 1 | $440K |
| Texas | 1 | $267K |
What Bank3 funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 1 | $3.6M |
| Professional and Technical Services | 1 | $3.5M |
| Transportation and Warehousing | 4 | $1.3M |
| Health Care and Social Assistance | 1 | $700K |
| Retail Trade | 1 | $484K |
| Arts, Entertainment, Recreation | 1 | $300K |
Bank3 SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1 | $440K |
| 2021 | 2 | $3.9M |
| 2022 | 6 | $4.9M |
| 2024 | 2 | $1.2M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Bank3's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.