| $1–2 million | GULF COAST UTILITY CONTRACTORS LLC | PANAMA CITY, FL | Centennial Bank |
| $150,000–350,000 | H. G. HARDERS AND SON, INC. | PANAMA CITY, FL | MidSouth Bank |
| $150,000–350,000 | H.B.M., INC. | PANAMA CITY, FL | Trustmark National Bank |
| $350,000–1 million | HALF HITCH TACKLE CO INC | PANAMA CITY, FL | Regions Bank |
| $150,000–350,000 | HAMMERHEAD FRED'S INC | PANAMA CITY, FL | Trustmark National Bank |
| $150,000–350,000 | HAMPTON CONCRETE FINISHING INC | PANAMA CITY, FL | PeoplesSouth Bank |
| $350,000–1 million | HARBARITA RESTAURANT ENTERPRISES LLC | PANAMA CITY, FL | SmartBank |
| $150,000–350,000 | HARE TAYLOR, LLC | PANAMA CITY, FL | Regions Bank |
| $5–10 million | HART'S OUTDOOR INC | PANAMA CITY, FL | PeoplesSouth Bank |
| $350,000–1 million | HATHAWAY HOLDING COMPANY, INC | PANAMA CITY, FL | First National Bank Northwest Florida |
| $150,000–350,000 | HILAND PARK BAPTIST CHURCH | PANAMA CITY, FL | Trustmark National Bank |
| $350,000–1 million | HOBBS PLUMBING INC. | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | HOBBS SERVICES INC. | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | HORSLEY CONSTRUCTION GROUP | PANAMA CITY, FL | Trustmark National Bank |
| $1–2 million | HULL'S ENVIRONMENTAL SERVICES, INC. | PANAMA CITY, FL | Grand Savings Bank |
| $150,000–350,000 | HUNT'S OYSTER BAR & SEAFOOD RESTAURANT, INC | PANAMA CITY, FL | MidSouth Bank |
| $150,000–350,000 | HUTT INSURANCE AGENCY, INC. | PANAMA CITY, FL | BancorpSouth Bank |
| $150,000–350,000 | INK TRAX INC | PANAMA CITY, FL | Hancock Whitney Bank |
| $350,000–1 million | INLAND CONSTRUCTION AND ENGINEERING INC | PANAMA CITY, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | J RANDAL BUTTRAM DMD PA | PANAMA CITY, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | J ROYAL DINING, INC DBA NEWK'S EATERY | PANAMA CITY, FL | Trustmark National Bank |
| $150,000–350,000 | J. MICHAEL'S DOCKSIDE BAR AND GRILL, INC. | PANAMA CITY, FL | Trustmark National Bank |
| $150,000–350,000 | JEFFCOAT ENTERPRISES OF FLORIDA, LLC | PANAMA CITY, FL | Trustmark National Bank |
| $350,000–1 million | JELLYFISH HEALTH LLC | PANAMA CITY, FL | First Federal Bank |
| $2–5 million | JENSEN USA, INC | PANAMA CITY, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | JERRY PYBUS ELECTRIC, INC | PANAMA CITY, FL | Trustmark National Bank |
| $150,000–350,000 | JESUS M. RAMIREZ MD PA | PANAMA CITY, FL | MidSouth Bank |
| $150,000–350,000 | JETBOATPILOT LLC | PANAMA CITY, FL | Ameris Bank |
| $1–2 million | JOHNSTONE FOODS, INC. | PANAMA CITY, FL | TD Bank, National Association |
| $150,000–350,000 | KBD, INC | PANAMA CITY, FL | First National Bank Northwest Florida |
| $350,000–1 million | KEETON CORRECTIONS, INC. | PANAMA CITY, FL | BancorpSouth Bank |
| $350,000–1 million | KENNY STRANGE ELECTRIC AND SERVICE COMPANY, INC. | PANAMA CITY, FL | Centennial Bank |
| $150,000–350,000 | L & R CONTRACTING, LLC | PANAMA CITY, FL | MidSouth Bank |
| $150,000–350,000 | L. LANCE SECURITY SERVICE, LLC | PANAMA CITY, FL | Innovations FCU |
| $150,000–350,000 | LAKETOWN WHARF RESORT COMMUNITY ASSOCIATION, INC. | PANAMA CITY, FL | BancorpSouth Bank |
| $350,000–1 million | LAWNSCAPES OF BAY COUNTY, INC | PANAMA CITY, FL | Ameris Bank |
| $2–5 million | LIFE MANAGEMENT CENTER OF NORTHWEST FLORIDA, INC | PANAMA CITY, FL | First National Bank Northwest Florida |
| $350,000–1 million | LINEA PENINSULAR INC | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | LSI VACATION RENTALS, LLC | PANAMA CITY, FL | The Samson Banking Company |
| $150,000–350,000 | LWI&S MANAGEMNT INC. | PANAMA CITY, FL | Kabbage, Inc. |
| $150,000–350,000 | LYNN HAVEN UNITED METHODIST CHURCH INC | PANAMA CITY, FL | First Federal Bank |
| $150,000–350,000 | MAGIC BROADCASTING II, LLC | PANAMA CITY, FL | Trustmark National Bank |
| $150,000–350,000 | MANUEL & THOMPSON, PA | PANAMA CITY, FL | Trustmark National Bank |
| $150,000–350,000 | MAR-K TOWING INC | PANAMA CITY, FL | BBVA USA |
| $350,000–1 million | MARINE TRANSPORTATION SERVICES, INC. | PANAMA CITY, FL | BancorpSouth Bank |
| $150,000–350,000 | MARITECH MACHINE, INC. | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | MARSHALL BROTHERS CONSTRUCTION & ENGINEERING, INC. | PANAMA CITY, FL | First National Bank Northwest Florida |
| $150,000–350,000 | MCCALL SOD FARM INC. | PANAMA CITY, FL | First National Bank Northwest Florida |
| $350,000–1 million | MEYERS ELECTRIC, LLC | PANAMA CITY, FL | Community Bank of Mississippi |
| $150,000–350,000 | MIKE'S AUTO COLLISION, LLC | PANAMA CITY, FL | Innovations FCU |
| $150,000–350,000 | MINTONE UNLIMITED, INC. | PANAMA CITY, FL | Radius Bank |
| $150,000–350,000 | MK WEBER ENGINEERING, LLC | PANAMA CITY, FL | Innovations FCU |
| $150,000–350,000 | MORGAN VENTURES, INC. | PANAMA CITY, FL | BancorpSouth Bank |
| $150,000–350,000 | MR TRASH II LLC | PANAMA CITY, FL | Independence Bank |
| $150,000–350,000 | MY WAY HIGHWAY, INC. | PANAMA CITY, FL | First National Bank Northwest Florida |
| $150,000–350,000 | NAJU BOARDING AND GROOMING, INC | PANAMA CITY, FL | Innovations FCU |
| $350,000–1 million | NATE'S SANITATION SERVICE, INC. | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | NATION'S BEST FAMILY HEALTH CARE PLLC | PANAMA CITY, FL | Community Bank of Mississippi |
| $150,000–350,000 | NORTHSTAR CHURCH | PANAMA CITY, FL | BBVA USA |
| $350,000–1 million | NORTHWEST FLORIDA SURGERY CENTER, LTD. | PANAMA CITY, FL | BancorpSouth Bank |
| $350,000–1 million | PALM BAY EDUCATION GROUP, INC. | PANAMA CITY, FL | Centennial Bank |
| $1–2 million | PANAMA CITY AUTOMOTIVE GROUP INC | PANAMA CITY, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | PANAMA CITY SPRINGS WELLNESS AND RECOVERY CENTER, INC. | PANAMA CITY, FL | Ameris Bank |
| $2–5 million | PANCARE OF FLORIDA, INC | PANAMA CITY, FL | Trustmark National Bank |
| $1–2 million | PANHANDLE AUTOMOTIVE, INC | PANAMA CITY, FL | BBVA USA |
| $350,000–1 million | PANHANDLE PEDIATRIC DENTISTRY, PLLC | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | PARKER CONSTRUCTION INC | PANAMA CITY, FL | Trustmark National Bank |
| $150,000–350,000 | PARTHENON PRINTS INC | PANAMA CITY, FL | Regions Bank |
| $350,000–1 million | PATRONIS BROTHERS, INC | PANAMA CITY, FL | MidSouth Bank |
| $150,000–350,000 | PCB LIMPIAR LLC | PANAMA CITY, FL | Celtic Bank Corporation |
| $150,000–350,000 | PEOPLES FIRST INSURANCE SERVICES, LLC | PANAMA CITY, FL | BancorpSouth Bank |
| $350,000–1 million | PERRY AND YOUND, P.A. | PANAMA CITY, FL | BBVA USA |
| $150,000–350,000 | PETTIBONE CONCRETE CONSTRUCTION, INC. | PANAMA CITY, FL | First National Bank Northwest Florida |
| $150,000–350,000 | PORTLAND LUMBER YARD INC | PANAMA CITY, FL | Regions Bank |
| $150,000–350,000 | POST ELECTRIC INC | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | Q BYRD, INC. | PANAMA CITY, FL | First Commerce CU |
| $150,000–350,000 | RACE CITY , INC | PANAMA CITY, FL | Ameris Bank |
| $150,000–350,000 | RAFS OF PANAMA CITY INC | PANAMA CITY, FL | First Federal Bank |
| $150,000–350,000 | RAINBOW PEDIATRICS | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | RANOBI CORPORATION | PANAMA CITY, FL | Hancock Whitney Bank |
| $150,000–350,000 | RDB MANAGEMENT, INC | PANAMA CITY, FL | Trustmark National Bank |
| $150,000–350,000 | REGISTER'S ENTERPRISES OF BAY COUNTY LLC | PANAMA CITY, FL | PeoplesSouth Bank |
| $350,000–1 million | RESORT HOSPITALITY ENTERPRISES, LTD. | PANAMA CITY, FL | BancorpSouth Bank |
| $150,000–350,000 | RICHARD F. WALKER, JR., M.D., NEPHROLOGY ASSOCIATES, P.A. | PANAMA CITY, FL | BancorpSouth Bank |
| $150,000–350,000 | RIDGE HEATING AND AIR CONDITIONING, INC. | PANAMA CITY, FL | First National Bank Northwest Florida |
| $150,000–350,000 | RIDGELINE VENTURES, LLC | PANAMA CITY, FL | BancorpSouth Bank |
| $150,000–350,000 | RISING LEADERS ACADEMY | PANAMA CITY, FL | Hancock Whitney Bank |
| $350,000–1 million | RJ GORMAN MARINE CONSTRUCTION LLC | PANAMA CITY, FL | BancorpSouth Bank |
| $150,000–350,000 | ROBOTICS FABRICATION INC. | PANAMA CITY, FL | The First, A National Banking Association |
| $350,000–1 million | ROYAL AMERICAN CONSTRUCTION COMPANY, INC. | PANAMA CITY, FL | First Federal Bank |
| $350,000–1 million | ROYAL AMERICAN HOSPITALITY, INC. | PANAMA CITY, FL | First Federal Bank |
| $1–2 million | ROYAL AMERICAN MANAGEMENT, INC. | PANAMA CITY, FL | First Federal Bank |
| $150,000–350,000 | RSAE LABS INC | PANAMA CITY, FL | Northeast Bank |
| $150,000–350,000 | RSSI BARRIERS, LLC | PANAMA CITY, FL | Centennial Bank |
| $350,000–1 million | RV CONNECTIONS INC. | PANAMA CITY, FL | First National Bank Northwest Florida |
| $150,000–350,000 | SCR & ASSOCIATES NWFL, INC. | PANAMA CITY, FL | Ameris Bank |
| $150,000–350,000 | SEA BYRD MARINE CONSTRUCTION OF BAY COUNTY, INC | PANAMA CITY, FL | First Federal Bank |
| $350,000–1 million | SERVPRO OF BAY COUNTY | PANAMA CITY, FL | First Federal Bank |
| $150,000–350,000 | SHARP CARPET & CERAMIC TILE, INC. | PANAMA CITY, FL | Centennial Bank |
| $150,000–350,000 | SIKES CONCRETE, INC. | PANAMA CITY, FL | Wallis Bank |