Is Legends Bank a good SBA lender?

Legends Bank has funded 91 SBA loans totaling $32.6M in volume across 3 states, with an average loan size of $358K. Whether they are the right fit depends on your deal profile, loan size, industry, geography, and borrower credit. PeerSense matches your specific deal to Legends Bank or one of 897+ alternatives based on closing probability + pricing.

What is the average SBA loan size at Legends Bank?

The average SBA loan size at Legends Bank is $358K, with a range from $15K to $3.8M. This profile suggests they are best suited for borrowers seeking mid-market business acquisitions and equipment financing.

What states does Legends Bank lend in?

Legends Bank actively lends across 3 states. Their highest-volume state is Tennessee. Other top states include Missouri. Borrower geography matters: a lender's state penetration affects underwriting familiarity, valuation comps, and turnaround speed.

Does Legends Bank fund franchise loans?

Yes, Legends Bank has funded SBA franchise loans across multiple brands. Their highest-volume franchise concept is Gymboree Play & Music, followed by RADIO SHACK, DUNKIN DONUTS/BASKIN-ROBBINS C, TITLE BOXING CLUB. Lender-franchise familiarity matters: lenders that have closed multiple loans for a brand know the FDD inside-out, which speeds underwriting + reduces re-trade risk.

What industries does Legends Bank prefer?

Legends Bank's highest-volume SBA industry by NAICS code is Limited-Service Restaurants. Other active sectors: Educational Services, Amusement & Recreation, Personal Care Services. Borrower industry matters: matching your deal to a lender with strong recent volume in your NAICS reduces underwriting friction and improves close-rate odds.

How does PeerSense match deals to Legends Bank?

PeerSense matches your specific SBA deal to Legends Bank based on five factors: deal size vs lender's average + range, your industry vs lender's NAICS history, your state vs lender's geographic penetration, your franchise brand (if applicable) vs lender's brand history, and your credit + experience profile vs lender's known underwriting box. We don't sell leads, we curate fit. Lender pays referral fee at closing.

SBA LenderTennesseeMid-Market Profile

Legends Bank

SBA lender based in Tennessee serving 3 states and 32 industries

Quick Answer

Is Legends Bank the right SBA lender for your deal?

SBA loans funded

States served

Industries

$358K

Avg loan size

Legends Bank has funded 91 SBA loans across 3 states and 32 industries. Their average loan size is $358K. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile. Historical volume is not a quote. PeerSense does not speak for Legends Bank.

Geographic Reach

3states

Regional focus

Industry Coverage

32industries

Diverse lending portfolio

Average SBA Loan

$358K

Mid-Market deal focus

Geographic Footprint

Top Lending States

Tennessee

Missouri

Tell us about your deal. Lenders underwrite. We do not.

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Underwriting Depth

Industry Focus Areas

Limited-Service Restaurants

NAICS 722

Educational Services

NAICS 611

Amusement & Recreation

NAICS 713

Personal Care Services

FOIA history

FOIA history for Legends Bank

FOIA history for Legends Bank: 91 SBA loans across 3 states, average size $358K. Highest-volume NAICS in the tape: Limited-Service Restaurants. Highest-volume state in the tape: Tennessee. That is history, not a buy box and not a prediction they will fund your file. Tell us about your deal.

Track Record

Recent SBA Activity at Legends Bank

Franchise lending: Legends Bank has funded SBA loans for multiple franchise concepts, with the highest volume in Gymboree Play & Music, RADIO SHACK, and DUNKIN DONUTS/BASKIN-ROBBINS C. Lender-franchise familiarity reduces underwriting friction: brands the lender already knows clear faster and re-trade less.

Industry concentration: The lender's highest-volume SBA industries are Limited-Service Restaurants, Educational Services, and Amusement & Recreation. Borrowers in these NAICS sectors typically see better terms and faster approvals.

Geographic concentration: Top markets are Tennessee, and Missouri. Lenders typically underwrite faster in states where they already have closing comps.

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Peer Comparison

Compare Legends Bank to Similar SBA Lenders

Other SBA lenders headquartered in Tennessee with similar deal-size profiles. Borrowers should always compare 3–5 lenders before committing.

Tennessee · SBA Lender

First Horizon Bank

3,516 loans$360K avg34 states

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Pinnacle Bank

3,129 loans$779K avg37 states

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Citizens Bank

2,979 loans$641K avg48 states

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Brightbridge, Inc.

833 loans$674K avg10 states

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FirstBank

727 loans$394K avg13 states

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Lender Reference

About Legends Bank SBA Lending

Legends Bank is an SBA lender headquartered in Tennessee. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.

Legends Bank serves borrowers across 3 states and 32 industry sectors with a regional lending focus. To find out whether Legends Bank is a good fit for your specific deal, reach out to PeerSense for a free lender match.

PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.

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See Related Rates by Program

PeerSense covers the full commercial capital stack. Indicative levels that lenders in our network have been pricing across these programs, as of September 1, 2026.

Originator warehouse

$100M a month

Focus $100 million a month. Will look at $10 million a month. $10 million is not the focus.

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Invoice Factoring

0.5–3.5% / 30d

B2B invoices from $20 million a month. Advance 80 to 95 percent of face.

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CMBS Conduit

5.60–7.10%

10 year Non Recourse fixed, $10 million and up, fully assumable

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Bridge Loans

9.00–14.00%

$10 million and up. Cash in about 35 percent. Name the takeout first.

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Data Center

CRS to 89%

$1 billion to $30 billion plus. Signed or guaranteed hyperscaler lease.

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Contracted revenue sale

Up to 89%

15 year lease signed or guaranteed by a hyperscaler. Size follows the lease.

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Hotel Financing

Hotel is search only. Public floor $10 million and up. Cash in about 35 percent.

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Private Credit

7.80–18.00%

Non-bank flexibility. Public CRE floor $10 million and up.

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DSCR Investor

Search path. Public CRE floor $10 million and up.

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Indicative only, as of September 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.