| $1–2 million | SENATE HOTEL MEMPHIS SPE, LLC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | SENIOR CARE MANAGEMENT SOLUTIONS, INC, | MEMPHIS, TN | Paragon Bank |
| $350,000–1 million | SERENITY RECOVERY CENTERS | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | SERIOUS MANUFACTURING SOLUTIONS, LLC DBA CARDINAL MACHINERY | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | SERRA CHEVROLET, LLC | MEMPHIS, TN | The Huntington National Bank |
| $150,000–350,000 | SEXTON ORAL MAXILLOFACIAL SURGERY PLLC | MEMPHIS, TN | Cadence Bank |
| $150,000–350,000 | SHAPIRO & COMPANY ARCHITECTS, PC | MEMPHIS, TN | Paragon Bank |
| $350,000–1 million | SHEA CLINIC CORPORATION | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | SHELBY ELECTRIC COMPANY, INC | MEMPHIS, TN | The Bank of Fayette County |
| $350,000–1 million | SHELBY FARMS PARK CONSERVANCY | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | SHERWOOD TURNER CORP | MEMPHIS, TN | Regions Bank |
| $350,000–1 million | SHUTTLEWORTH PLLC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | SIANO APPLIANCE DISTRIBUTORS INC | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | SIDES COMMERCIAL SERVICES LLC | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | SIGNET, INC. | MEMPHIS, TN | First Horizon Bank |
| $2–5 million | SILVER TREE RESIDENTIAL, LLC | MEMPHIS, TN | Pinnacle Bank |
| $150,000–350,000 | SIMPLE FOCUS | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | SIMPSON DOOR AND HARDWARE, LLC | MEMPHIS, TN | Simmons Bank |
| $350,000–1 million | SISKIND SUSSER PC | MEMPHIS, TN | IberiaBank, A Division of First Horizon Bank |
| $150,000–350,000 | SITE SOLUTIONS DEVELOPMENT LLC | MEMPHIS, TN | BankPlus |
| $350,000–1 million | SKB FACILITIES & MAINTENANCE | MEMPHIS, TN | Commercial Bank and Trust Company |
| $150,000–350,000 | SLINGSHOT MEMPHIS INC | MEMPHIS, TN | IberiaBank, A Division of First Horizon Bank |
| $150,000–350,000 | SMITH AND TUTOR LLC | MEMPHIS, TN | Bank of Bartlett |
| $150,000–350,000 | SMITH BERCLAIR INSURANCE INC. | MEMPHIS, TN | Bank3 |
| $150,000–350,000 | SMITH ENTERPRISES LLC | MEMPHIS, TN | INSOUTH Bank |
| $350,000–1 million | SMITH'S PLUMBING SERVICES, INC. | MEMPHIS, TN | Pinnacle Bank |
| $150,000–350,000 | SMITH'S POOL SERVICE, INC. | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | SMR GROUP LLC | MEMPHIS, TN | Truist Bank |
| $150,000–350,000 | SOFTWARE INC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | SOUL 64, LLC | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | SOULSVILLE CHARTER SCHOOL LLC | MEMPHIS, TN | Truist Bank |
| $150,000–350,000 | SOULSVILLE FOUNDATION | MEMPHIS, TN | Truist Bank |
| $150,000–350,000 | SOUTH MEMPHIS CLINIC | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | SOUTHEAST UROLOGY NETWORK PC | MEMPHIS, TN | First Commercial Bank |
| $150,000–350,000 | SOUTHEASTERN COATINGS INC | MEMPHIS, TN | Bank of Bartlett |
| $350,000–1 million | SOUTHERN AVENUE CHARTER ELEMENTARY SCHOOL OF ACADEMIC EXCELL | MEMPHIS, TN | Liberty Bank and Trust Company |
| $2–5 million | SOUTHERN COLLEGE OF OPTOMETRY | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | SOUTHERN HANDS HOMESTYLE COOKING INC. | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | SOUTHERN LEATHER COMPANY | MEMPHIS, TN | Truist Bank |
| $150,000–350,000 | SOUTHERN PAIN AND REGENERATIVE MEDICINE | MEMPHIS, TN | Commercial Bank and Trust Company |
| $150,000–350,000 | SOUTHERN PLASTERING INC | MEMPHIS, TN | Peoples Bank |
| $150,000–350,000 | SOUTHERN SPRAY CO | MEMPHIS, TN | Simmons Bank |
| $350,000–1 million | SOUTHERN STEEL AND CONCRETE, INC. | MEMPHIS, TN | Cadence Bank |
| $350,000–1 million | SOUTHERN STEEL SUPPLY, LLC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | SOUTHWEST FAD, LLC | MEMPHIS, TN | PlainsCapital Bank |
| $350,000–1 million | SPEAK CREATIVE, LLC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | SPECIALIZED PROPERTY MANAGEMNT GROUP LLC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | SPECIALTY ADHESIVES & COATINGS INC. | MEMPHIS, TN | Commercial Bank and Trust Company |
| $350,000–1 million | SPECIALTY FEEDS, INC. | MEMPHIS, TN | Guaranty Bank & Trust Company |
| $150,000–350,000 | SPECIALTY ORTHOPEDICS PC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | SPECTRUM ADHESIVES, INC. | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | SPENCE LAW FIRM PLLC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | SPICER RUDSTROM PLLC | MEMPHIS, TN | Bank3 |
| $350,000–1 million | SPORTS FLOORS, INC. | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | SQUARE SERVICES, LLC | MEMPHIS, TN | Truist Bank |
| $1–2 million | ST AGNES ACADEMY ST DOMINIC SCHOOL INC | MEMPHIS, TN | Truist Bank |
| $150,000–350,000 | ST LUKES UNITED METHODIST CHURCH | MEMPHIS, TN | Regions Bank |
| $150,000–350,000 | ST PAUL CATHOLIC CHURCH/CATHOLIC BISHOP OF MEMPHIS | MEMPHIS, TN | First Horizon Bank |
| $2–5 million | ST. CLAIR FOODS, INC. | MEMPHIS, TN | Renasant Bank |
| $350,000–1 million | ST. LOUIS CATHOLIC CHURCH/CATHOLIC BISHOP OF MEMPHIS | MEMPHIS, TN | First Horizon Bank |
| $2–5 million | ST. MARY'S EPISCOPAL SCHOOL | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | STABILIZATION, INC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | STANDARD BUILDERS INC | MEMPHIS, TN | Truist Bank |
| $1–2 million | STANDARD ELECTRIC COMPANY INC | MEMPHIS, TN | Truist Bank |
| $350,000–1 million | STANDARD MAINTENANCE, LLC | MEMPHIS, TN | Truist Bank |
| $350,000–1 million | STANDARD SHEET METAL WORKS LLC | MEMPHIS, TN | Truist Bank |
| $150,000–350,000 | START 2 FINISH LLC | MEMPHIS, TN | Simmons Bank |
| $2–5 million | STATE SYSTEMS, INC. | MEMPHIS, TN | Simmons Bank |
| $350,000–1 million | STINSON'S INDUSTRIAL MAINTENANCE INC. | MEMPHIS, TN | Cadence Bank |
| $150,000–350,000 | STONE HIGGS & DREXLER PC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | STOVALL ENGINEERING CO | MEMPHIS, TN | Patriot Bank |
| $150,000–350,000 | STRAGISTICS TECHNOLOGY INC | MEMPHIS, TN | Renasant Bank |
| $350,000–1 million | STRATEGIC FINANCIAL PARTNERS | MEMPHIS, TN | Bank3 |
| $350,000–1 million | STRATEGIC RESOURCE MANAGEMENT, INC. | MEMPHIS, TN | First Horizon Bank |
| $1–2 million | STRATOS INC | MEMPHIS, TN | Trustmark National Bank |
| $150,000–350,000 | STREAMLINE ENTERPRISES, LLC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | STREETS MINISTRIES, INC. | MEMPHIS, TN | Bank3 |
| $350,000–1 million | SUGAR SERVICES, LLC | MEMPHIS, TN | Guaranty Bank & Trust Company |
| $350,000–1 million | SULLIVAN BRANDING LLC | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | SULLIVAN BRANDING, LLC | MEMPHIS, TN | Pinnacle Bank |
| $2–5 million | SUMMIT TRUCK GROUP OF TENNESSEE, LLC | MEMPHIS, TN | BMO Bank National Association |
| $150,000–350,000 | SUN STUDIO ENTERTAINMENT CORP | MEMPHIS, TN | Commercial Bank and Trust Company |
| $150,000–350,000 | SUNHILL LOGISTIC LLC | MEMPHIS, TN | East West Bank |
| $350,000–1 million | SUNRISE BUICK GMC, INC. | MEMPHIS, TN | Ally Bank |
| $350,000–1 million | SUNSHINE INTERNATIONAL CORPORATION | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | SUPPLY CHAIN SOLUTIONS LLC | MEMPHIS, TN | Paragon Bank |
| $350,000–1 million | SURFACE DYNAMICS LLC | MEMPHIS, TN | The Huntington National Bank |
| $350,000–1 million | SVS TECHNOLOGIES LIMITED | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | SWT EXPRESS INC | MEMPHIS, TN | Northwest FCU |
| $150,000–350,000 | TABLET SOLUTION INC | MEMPHIS, TN | Bank of America, National Association |
| $150,000–350,000 | TALUS PROPERTIES, INC | MEMPHIS, TN | Guaranty Bank & Trust Company |
| $350,000–1 million | TASCO, LLC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | TASHIE RESTAURANT GROUP, LLC | MEMPHIS, TN | Commercial Bank and Trust Company |
| $150,000–350,000 | TATE COMPUTER SYSTEMS, INC. | MEMPHIS, TN | Paragon Bank |
| $350,000–1 million | TAZIKIS MEMPHIS LLC | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | TELARRAY, INC. | MEMPHIS, TN | Independent Bank |
| $350,000–1 million | TEMPERATURE, INC | MEMPHIS, TN | Renasant Bank |
| $350,000–1 million | TEMPLE ISRAEL | MEMPHIS, TN | Truist Bank |
| $150,000–350,000 | TENN-PLAST, INC. | MEMPHIS, TN | BankPlus |
| $350,000–1 million | TENNESSEE CABLE SERVICE INC | MEMPHIS, TN | First Horizon Bank |