| $150,000–350,000 | CRAB TRAP OF PENSACOLA, L.L.C. | PENSACOLA, FL | United Community Bank |
| $150,000–350,000 | CREATIVE LEARNING ACADEMY OF PENSACOLA, INC. | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | CURRENT PRODUCTS CORP | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | D-LUX PRINTING INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | DAMIAN'S ENTERPRISES INC | PENSACOLA, FL | The First Bank |
| $350,000–1 million | DARWIN GLOBAL, LLC | PENSACOLA, FL | Bank of Commerce |
| $150,000–350,000 | DAVID R WILLIAMS DDS MS | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | DEEP SOUTH CRANE RENTALS, INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | DHARMA BLUE, INC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | DICYN HAIRCUTS LLC | PENSACOLA, FL | CBW Bank |
| $150,000–350,000 | DIXON SCHOOL OF ARTS AND SCIENCES, INC. | PENSACOLA, FL | Centennial Bank |
| $350,000–1 million | EARTHSOFT INC | PENSACOLA, FL | Bank of America, National Association |
| $150,000–350,000 | EAST HILL CHRISTIAN SCHOOL INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | ED EMMONS STEEL ERECTORS INC | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | EDWARDS ROOFING CO. INC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | ELITE MECHANICAL SYSTEMS LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | ELITE RETAIL SERVICES INC | PENSACOLA, FL | First Source Federal Credit Union |
| $350,000–1 million | EMERALD COAST CENTER FOR NEUROLOGICAL DISORDERS PA | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | EMERALD COAST CONSTRUCTORS INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | EMERALD COAST GROWERS, LLP | PENSACOLA, FL | Truist Bank |
| $150,000–350,000 | EMERALD COAST TITLE INC | PENSACOLA, FL | ServisFirst Bank |
| $1–2 million | EMMANUEL, SHEPPARD & CONDON, PA | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | ENERGY SYSTEMS AIR CONDITIONING CONTRACTORS, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $2–5 million | ESCAMBIA COMMUNITY CLINICS, INC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | ETHERIDGE CONSTRUCTION INC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | EVERMAN NATURAL FOODS COOP INC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | EXECUTIVE LANDSCAPING, INC. | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | EXPRESS OIL OF PENSACOLA, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | F&S OF PENSACOLA, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | FAMILY AC SERVICE SOLUTIONS INC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | FIRST BAPTIST CHURCH OF PENSACOLA INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | FIRST PRESBYTERIAN CHURCH OF PENSACOLA, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | FIRST UNITED METHODIST CHURCH OF PENSACOLA FL INC. | PENSACOLA, FL | Itria Ventures LLC |
| $350,000–1 million | FIRST UNITED METHODIST CHURCH OF PENSACOLA, FLORIDA, INC. | PENSACOLA, FL | Renasant Bank |
| $350,000–1 million | FISHBEIN ORTHODONTICS | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | FISHER CABINET COMPANY, LLC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | FISHERMAN'S CORNER HOLDINGS LLC | PENSACOLA, FL | The First Bank |
| $350,000–1 million | FL CYCLES LLC. | PENSACOLA, FL | Sabine State Bank & Trust Company |
| $150,000–350,000 | FLETCHER'S TOWING, INC. | PENSACOLA, FL | Bank of Pensacola |
| $150,000–350,000 | FLOORS 2000, INC. | PENSACOLA, FL | ServisFirst Bank |
| $1–2 million | FLORA BAMA MANAGEMENT LLC | PENSACOLA, FL | SmartBank |
| $1–2 million | FLORIDA INSTITUTE FOR HUMAN AND MACHINE COGNITION, INC | PENSACOLA, FL | SmartBank |
| $150,000–350,000 | FLUID METALWORKS INC | PENSACOLA, FL | Truist Bank |
| $150,000–350,000 | FLYNN BUILDING SPECIALISTS, LLC | PENSACOLA, FL | SmartBank |
| $150,000–350,000 | FORTIFIED BUILDING PRODUCTS LLC | PENSACOLA, FL | PNC Bank, National Association |
| $1–2 million | FRED FLOUNDER, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | FREE BEER TOMORROW | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | FRONTIER MOTORS INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | G.S.I. RECYCLING, INC | PENSACOLA, FL | ServisFirst Bank |
| $1–2 million | GASTROENTEROLOGY ASSOCIATES OF PENSACOLA | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | GATOR EQUIPMENT INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | GATRON USA LLC | PENSACOLA, FL | Bank of America, National Association |
| $150,000–350,000 | GENE'S FLOOR COVERINGS INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | GILMORE MOVING AND STORAGE INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | GL RESTAURANT GROUP, LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | GLOBAL BUSINESS SOLUTIONS, INC. | PENSACOLA, FL | First Source Federal Credit Union |
| $150,000–350,000 | GLOBAL F & J, INC | PENSACOLA, FL | The First Bank |
| $150,000–350,000 | GLOBAL OF PENSACOLA, INC. | PENSACOLA, FL | The First Bank |
| $150,000–350,000 | GOOD TIME TOURS, INC | PENSACOLA, FL | The First Bank |
| $150,000–350,000 | GRANDE LAGOON MARINE INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | GREAT SOUTHERN RESTAURANT GROUP OF PENSACOLA, INC. | PENSACOLA, FL | Truist Bank |
| $350,000–1 million | GREENHUT CONSTRUCTION COMPANY, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | GRESKOVICH & BALCOM DDS PA | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | GROSS & SON PAINT & BODY SHOP, INC. | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | GULF COAST BUILDING PRODUCTS, INC. | PENSACOLA, FL | First Source Federal Credit Union |
| $350,000–1 million | GULF COAST ELECTRIC MOTOR SERVICE, INC. | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | GULF COAST ENVIRONMENTAL CONTRACTORS, INC. | PENSACOLA, FL | United Bank |
| $150,000–350,000 | GULF COAST FACIAL AND ORAL SURGERY, INC. | PENSACOLA, FL | FNBT Bank |
| $150,000–350,000 | GULF COAST KID'S HOUSE | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | GULF COAST OWNER SERVICES, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | GULF COAST TRAFFIC ENGINEERS INC | PENSACOLA, FL | Truist Bank |
| $350,000–1 million | GULF ICE SYSTEMS INC | PENSACOLA, FL | Bank of America, National Association |
| $150,000–350,000 | GULF SOUTH ELECTRIC, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | GULF STATES AUTOMATION, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | GULF WATERS GROUP, LLC | PENSACOLA, FL | The First Bank |
| $150,000–350,000 | GULF-ATLANTIC CONSTRUCTORS, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | GUSTAVO TWO INC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | GUY BROTHERS ROOFING INC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | H M YONGE & ASSOCIATES, INC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | HANTO & CLARKE GENERAL CONTRACTORS LLC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | HEALTHSOURCE OF NORTHWEST FLORIDA, LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | HEATON BROTHERS CONSTRUCTION COMPANY, INC. | PENSACOLA, FL | Trustmark National Bank |
| $150,000–350,000 | HEFFERNAN HOLLAND MORGAN ARCHITECTURE, P.A. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | HEROMAN SERVICES PLANT COMPANY, LLC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | HEWES AND COMPANY, LLC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | HILES MCLEOD INSURANCE INC | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | HILL-KELLY DODGE, INC. | PENSACOLA, FL | Cadence Bank |
| $350,000–1 million | HILLCREST BAPTIST CHURCH | PENSACOLA, FL | Wells Fargo Bank, National Association |
| $150,000–350,000 | HIP CREATIVE INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | HODGE & MARTIN PA | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | HOLI CORP | PENSACOLA, FL | The Warrington Bank |
| $150,000–350,000 | HOLIDAY HARBOR MARINA INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | HOME COMPANION SPECIALISTS LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | HORIZON IMPROVEMENTS, INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | HOWELL TRUCK & GIANT TIRE SERVICE INC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | HUB STACEY'S, INC. | PENSACOLA, FL | ServisFirst Bank |
| $1–2 million | INDUSTRIAL ENERGY SERVICES, INC. | PENSACOLA, FL | The First Bank |
| $150,000–350,000 | INNERLIGHT, INC | PENSACOLA, FL | The First Bank |
| $150,000–350,000 | INNOVATIVE OPEN MRI OF PENSACOLA, LLC | PENSACOLA, FL | Bank of Pensacola |
| $350,000–1 million | INNOVATIVE TRANSPORT & LOGISTICS SOLUTIONS, LLC | PENSACOLA, FL | The First Bank |