Paragon Bank
Paragon Bank is a community-focused financial institution founded in 2005 that offers personalized banking solutions with state-of-the-art services to businesses and individuals. Based on three core values of Integrity, Dedication, and Knowledge, the bank emphasizes local decision-making, customized financial solutions, and active community engagement through its ACTS volunteer program.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (11 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Paragon Bank ranks #245 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Paragon Bank’s 7(a) acquisition lending falls in the $1M-$2M range: 4 loans, 36.4% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 2 | 18.2% | |
| $500K-$1M | 3 | 27.3% | |
| $1M-$2M | 4 | 36.4% | |
| $2M-$3M | 1 | 9.1% | |
| $4M-$5M | 1 | 9.1% |
Industries with highest loan volume
Other Personal and Household Goods Repair and Maintenance
3
loans
$1.1M
avg. amount
Offices of Real Estate Agents and Brokers
2
loans
$1.3M
avg. amount
All Other Personal Services
1
loans
$355K
avg. amount
Nursery, Garden Center, and Farm Supply Retailers
1
loans
$2.7M
avg. amount
Offices of Certified Public Accountants
1
loans
$4.3M
avg. amount
Poultry Hatcheries
1
loans
$950K
avg. amount
Sporting and Recreational Goods and Supplies Merchant Wholesalers
1
loans
$1.7M
avg. amount
Broilers and Other Meat Type Chicken Production
1
loans
$998K
avg. amount
10-Year
7.7%
Percentile Ranking
97th
97th percentile
Paragon Bank’s median variable rate is + 1.25%, against a market median of Prime + 1.88%, 63 below market.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.75% |
| $500K-$1M | Prime + 1.75% |
| $1M-$2M | Prime + 1.19% |
| $2M-$3M | Prime + 2.00% |
| $4M-$5M | Prime + 1.50% |
Paragon Bank has originated 7(a) acquisition loans in 4 states, most actively in Tennessee (6), Georgia (3) and Alabama (1). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Tennessee | 6 | 54.5% |
| Georgia | 3 | 27.3% |
| Alabama | 1 | 9.1% |
| North Carolina | 1 | 9.1% |
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