| $150,000–350,000 | PENSACOLA MEMORIAL GARDENS AND FUNERAL HOME, INC | PENSACOLA, FL | Truist Bank |
| $350,000–1 million | PENSACOLA METAL FABRICATION, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | PENSACOLA MOTOR SALES INC. | PENSACOLA, FL | Toyota Financial Savings Bank |
| $150,000–350,000 | PENSACOLA MOTORSPORTS, L.L.C. | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | PENSACOLA NEPHROLOGY PA | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | PENSACOLA PODIATRY PA | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PENSACOLA POOLS, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | PENSACOLA YACHT CLUB INC. | PENSACOLA, FL | First Source Federal Credit Union |
| $150,000–350,000 | PERDIDO BAY GOLF LLC | PENSACOLA, FL | BankPlus |
| $150,000–350,000 | PERDIDO KEY OYSTER BAR | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | PERDIDO KEY RESORT RENTALS, INC. | PENSACOLA, FL | Trustmark National Bank |
| $150,000–350,000 | PERFORMANCE MACHINING SERVICES, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | PERFORMANCE PERSONNEL SERVICES OF PENSACOLA LLC | PENSACOLA, FL | IberiaBank, A Division of First Horizon Bank |
| $1–2 million | PETE MOORE CHEVROLET, INC. | PENSACOLA, FL | Ally Bank |
| $150,000–350,000 | PETERSON PRECISION PAINTING INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | PHOENIX COATINGS, INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | PINE FOREST PAINT & BODY INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PIZZACOLA BAYOU, INC | PENSACOLA, FL | Paragon Bank |
| $350,000–1 million | PLASMINE TECHNOLOGY, INC | PENSACOLA, FL | First Source Federal Credit Union |
| $350,000–1 million | PLASTIC COATED PAPERS, INC. | PENSACOLA, FL | First Source Federal Credit Union |
| $150,000–350,000 | POINT POWER INC | PENSACOLA, FL | Bank of America, National Association |
| $150,000–350,000 | PRIME MECHANICAL, INC. | PENSACOLA, FL | Trustmark National Bank |
| $350,000–1 million | PRO CLEAN CARPET CLEANING, LLC | PENSACOLA, FL | Cadence Bank |
| $350,000–1 million | PROCONSTRUCTION LLC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PROFESSIONAL HEALTH EXAMINERS INC | PENSACOLA, FL | Truist Bank |
| $150,000–350,000 | PROPERTY CARE SOLUTIONS, LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | PSYCHOLOGICAL ASSOCIATES PA | PENSACOLA, FL | First Source Federal Credit Union |
| $350,000–1 million | PTAC CONSULTING ENGINEERS, INC. | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | PUCKETT OIL CO INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | PYRAMID, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | QUALITY URGENT CARE & WELLNESS P.L. | PENSACOLA, FL | First Source Federal Credit Union |
| $150,000–350,000 | R&R VENDING,INC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | RADFORD AND NIX CONSTRUCTION LLC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | RAFS OF PENSACOLA INC | PENSACOLA, FL | First Federal Bank |
| $150,000–350,000 | RAWSON BRAXTON & CHICOLA ORAL & MAXILLOFACIAL SURGERY OF WE | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | RBK SECURITY SERVICES INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | REBOL-BATTLE & ASSOCIATES LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | REDEEMER LUTHERAN CHURCH OF WARRINGTON FL INC | PENSACOLA, FL | The Warrington Bank |
| $150,000–350,000 | RELEVANT MEDIA GROUP INC | PENSACOLA, FL | IberiaBank, A Division of First Horizon Bank |
| $150,000–350,000 | RG PENSACOLA, LLC | PENSACOLA, FL | Zions Bank, A Division of |
| $150,000–350,000 | RIGSBEE & COMPANY, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | RIO BRAVO CORDOVA LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | ROBERTSON CURTIS | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | ROSIE O'GRADY'S, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | ROW1 INC. | PENSACOLA, FL | Truist Bank |
| $150,000–350,000 | RS BOES, LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | RSL LIVING PENSACOLA LLC | PENSACOLA, FL | Bank of Pensacola |
| $350,000–1 million | RUBBER & SPECIALTIES, INC | PENSACOLA, FL | First Source Federal Credit Union |
| $150,000–350,000 | S L JONES CHRISTIAN ACADEMY INC | PENSACOLA, FL | Wells Fargo Bank, National Association |
| $150,000–350,000 | S&R LOUISIANA | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SALESNET PETS LLC | PENSACOLA, FL | LendingClub Bank, National Association |
| $2–5 million | SALTMARSH CLEAVELAND & GUND PA | PENSACOLA, FL | Truist Bank |
| $150,000–350,000 | SAM'S FUN CITY INC. | PENSACOLA, FL | Berkshire Bank |
| $350,000–1 million | SANDERS BROTHERS ELECTRIC, INC. | PENSACOLA, FL | SmartBank |
| $2–5 million | SANDY SANSING CARS, INC | PENSACOLA, FL | Truist Bank |
| $350,000–1 million | SANDY SANSING CHRYSLER DODGE JEEP RAM LLC | PENSACOLA, FL | Truist Bank |
| $350,000–1 million | SCHMIDT CONSULTING GROUP, INC. | PENSACOLA, FL | Centennial Bank |
| $150,000–350,000 | SCRAP, INC. | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | SECURITY ENGINEERING OF PENSACOLA INC | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | SELECTRICITY, LLC | PENSACOLA, FL | First Source Federal Credit Union |
| $350,000–1 million | SERVICE BY ALL SEASONS, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SERVICEMASTER PROFESSIONAL CLE | PENSACOLA, FL | Trustmark National Bank |
| $150,000–350,000 | SHCC, LLC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | SITE & UTILITY LLC | PENSACOLA, FL | Centennial Bank |
| $150,000–350,000 | SMITH ORTHOPEDIC CONSULTANTS LLC | PENSACOLA, FL | Truist Bank |
| $150,000–350,000 | SNACKCRATE, INC | PENSACOLA, FL | Navy FCU |
| $150,000–350,000 | SOCIETY OF ENVIRONMENTAL TOXICOLOGY AND CHEMISTRY OF NORTH A | PENSACOLA, FL | Truist Bank |
| $1–2 million | SOLARIS HEALTHCARE PENSACOLA, LLC | PENSACOLA, FL | American Momentum Bank |
| $150,000–350,000 | SOUTHEAST ROOFING & CONSTRUCTION, INC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SOUTHERN DENTAL ASSOCIATES PA | PENSACOLA, FL | First Source Federal Credit Union |
| $350,000–1 million | SOUTHERN ENVIRONMENTAL INC | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | SOUTHERN ERECTORS, INC | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | SOUTHERN OAKS FACILITY INC | PENSACOLA, FL | Signature Bank |
| $150,000–350,000 | SOUTHERN ORTHOPEDICS AND SPORTS MEDICINE | PENSACOLA, FL | Trustmark National Bank |
| $150,000–350,000 | SOUTHERN SCRAP COMPANY, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SPAIN WELLNESS INC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SPANISH TRAIL VETERINARY HOSPI | PENSACOLA, FL | Trustmark National Bank |
| $150,000–350,000 | SPECIALTY CONTRACTORS, INC. | PENSACOLA, FL | The First Bank |
| $150,000–350,000 | ST LUKE UNITED METHODIST CHURCH INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | ST PAUL CATHOLIC SCHOOL | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | STEP ONE AUTOMOTIVE BGC PN, LLC | PENSACOLA, FL | Truist Bank |
| $350,000–1 million | STILL WATERS MEDICAL SPA LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | STOA INTERNATIONAL/FLORIDA, INC. | PENSACOLA, FL | SmartBank |
| $150,000–350,000 | STUDER PROPERTIES LLP | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | SUNIL GUPTA MD LLC | PENSACOLA, FL | IberiaBank, A Division of First Horizon Bank |
| $150,000–350,000 | SUNPAK OF PENSACOLA INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | SUPERIOR GRANITE, INC. | PENSACOLA, FL | First Source Federal Credit Union |
| $150,000–350,000 | SUPERIOR IN-HOME CARE, INC. | PENSACOLA, FL | First Source Federal Credit Union |
| $150,000–350,000 | SURETY LAND TITLE OF FLORIDA LLC | PENSACOLA, FL | First National Bank and Trust |
| $350,000–1 million | SWDEN, LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SWEAT LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SYSTEMS SPECIALISTS INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SYSTEMS SPECIALISTS, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | TASAKE LLC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | TC SQUARED, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | TEAM ONE COMMUNICATIONS INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | TEAMDRIVEN INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | TENNISWOOD INC. | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | THE ANCHOR CLINIC LLC | PENSACOLA, FL | Regions Bank |
| $1–2 million | THE ARC GATEWAY INC. | PENSACOLA, FL | Truist Bank |