| $350,000–1 million | PRINTERS AND SATIONERS, INC | FLORENCE, AL | Bank Independent |
| $350,000–1 million | PROGRESSIVE INSULATION LLC | FLORENCE, AL | Wayne County Bank |
| $1–2 million | PROSHOT CONCRETE, INC | FLORENCE, AL | Regions Bank |
| $350,000–1 million | RAY MILLER BUICK-GMC, INC. | FLORENCE, AL | CB&S Bank |
| $150,000–350,000 | REGGIO REGISTER COMPANY LLC | FLORENCE, AL | Enterprise Bank & Trust |
| $150,000–350,000 | REHAB AND SPORT MED. OF THE SHOALS, INC. | FLORENCE, AL | Progress Bank and Trust |
| $1–2 million | RGM ENTERPRISES AND HOLDINGS LLC | FLORENCE, AL | Enterprise Bank & Trust |
| $150,000–350,000 | RICK'S BARBECUE ALABAMA, INC | FLORENCE, AL | CapStar Bank |
| $1–2 million | RIVERBEND CENTER FOR MENTAL HEALTH | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | RMB MARINE SERVICES, LLC | FLORENCE, AL | BancorpSouth Bank |
| $150,000–350,000 | RTA CABINET STORE LLC | FLORENCE, AL | Enterprise Bank & Trust |
| $1–2 million | SENATORS COACHES, INC | FLORENCE, AL | First Metro Bank |
| $150,000–350,000 | SHOALS CHRISTIAN SCHOOL, INC. | FLORENCE, AL | First Southern Bank |
| $350,000–1 million | SHOALS CMTE ON PROGRAM & EMPLOYMENT | FLORENCE, AL | First Metro Bank |
| $150,000–350,000 | SHOALS HOME SERVICES, LLC | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | SHOALS ORTHODONTICS, INC. | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | SHOALS PEDIATRIC GROUP, PC | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | SHOALS SENIOR SOLUTIONS INC | FLORENCE, AL | Bank Independent |
| $350,000–1 million | SIMPSON ENTERPRISES INC. | FLORENCE, AL | First Southern Bank |
| $150,000–350,000 | SMITH GENERAL CONTRACTORS, LLC | FLORENCE, AL | Bank Independent |
| $1–2 million | SOUTHEASTERN EXTRUSION AND TOOL, INC | FLORENCE, AL | Progress Bank and Trust |
| $150,000–350,000 | ST JOSEPH REGIONAL CATHOLIC SCHOOL | FLORENCE, AL | Oakworth Capital Bank |
| $150,000–350,000 | STEPPING STONES PEDIATRIC THERAPY, INC. | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | TALLMAN COMPANY INC. | FLORENCE, AL | Progress Bank and Trust |
| $1–2 million | TASUS ALABAMA CORPORATION | FLORENCE, AL | Old National Bank |
| $150,000–350,000 | TENNESSEE RIVER DERMATOLOGY, PC | FLORENCE, AL | First Southern Bank |
| $150,000–350,000 | TENNESSEE SURGERY GROUP, P.C. | FLORENCE, AL | First Southern Bank |
| $1–2 million | THACKER CASKET MANUFACTURING, INC. | FLORENCE, AL | Progress Bank and Trust |
| $350,000–1 million | TIM RHODES ELECTRIC COMPANY INC | FLORENCE, AL | Progress Bank and Trust |
| $150,000–350,000 | TJ CONSTRUCTION, INC. | FLORENCE, AL | First Southern Bank |
| $150,000–350,000 | TRI-STATE METALS, INC. | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | UNDERWOOD FOODS, INC | FLORENCE, AL | First Metro Bank |
| $150,000–350,000 | UNITED BENEFITS LLC | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | WALKER DENTAL PLLC | FLORENCE, AL | KeyBank National Association |
| $150,000–350,000 | WHITE CONTRACTING COMPANY INCORPORATED | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | WHITE, LYNN, COLLINS & ASSOCIATES, INC. | FLORENCE, AL | Bank Independent |
| $350,000–1 million | WHITMAN PUBLISHING, LLC | FLORENCE, AL | First Metro Bank |
| $150,000–350,000 | WILLIAM A MCCLANAHAN | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | WOODMONT BAPTIST CHURCH | FLORENCE, AL | Bank Independent |
| $150,000–350,000 | YOUNG MEN'S CHRISTIAN ASSOCIATIONS OF THE SHOALS, INC. | FLORENCE, AL | Progress Bank and Trust |