| $150,000–350,000 | MOORE, HILL, & WESTMORELAND, P.A. | PENSACOLA, FL | Bank of Pensacola |
| $150,000–350,000 | MOORHEAD LAW GROUP PLLC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | MORETTE COMPANY | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | MSX GROUP LLC | PENSACOLA, FL | Bank of America, National Association |
| $150,000–350,000 | MYTIE LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | NATIONAL STANDARD PARTS ASSOCIATES, INC. | PENSACOLA, FL | ServisFirst Bank |
| $1–2 million | NAVAL AVIATION MUSEUM FOUNDATION, INC. | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | NEPHROLOGY ASSOCIATES OF THE GULF COAST, P.A. | PENSACOLA, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | NETWORK COMMUNICATIONS OF NORTHWEST FLORIDA, INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | NEUROMICROSPINE PLCC | PENSACOLA, FL | Centennial Bank |
| $350,000–1 million | NEW LEADERS IN FERTILITY & ENDOCRINOLOGY | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | NEW YORKER DELI, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | NORGEM, INC. | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | NORTH FLORIDA COMPREHENSIVE SERVICES FOR CHILDREN INC | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | NORTHWEST FLORIDA PROFESSIONAL BASEBALL, LLC | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | NORTHWEST FLORIDA SURGICAL CENTER, INC. | PENSACOLA, FL | Regions Bank |
| $350,000–1 million | NORWOOD ENTERPRISES INC | PENSACOLA, FL | Synovus Bank |
| $1–2 million | NOWAK ENTERPRISES INC. | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | NSS-ALF PENSACOLA LLC | PENSACOLA, FL | Newtek Small Business Finance, Inc. |
| $150,000–350,000 | OASIS PREFERRED MAINTENANCE, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | OFFSHORE INLAND MARINE & OILFIELD SERVICES, INC. | PENSACOLA, FL | Trustmark National Bank |
| $350,000–1 million | OLIVE BAPTIST CHURCH | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | ONE SOLUTION ENERGY CONSULTING LLC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | ONESOURCEPCS, LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | OREN INTERNATIONAL INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | OUTER SPACES LLC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | PAIN CONSULTANTS OF WEST FLORIDA, P.A. | PENSACOLA, FL | BBVA USA |
| $150,000–350,000 | PALAFOX VENTURES, LLC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | PANHANDLE ALARM & TELEPHONE CO., INC | PENSACOLA, FL | Trustmark National Bank |
| $2–5 million | PANHANDLE ANESTHESIOLOGY ASSOCIATES, PA | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PANHANDLE EXPRESS TRUCKING LLC | PENSACOLA, FL | Celtic Bank Corporation |
| $1–2 million | PANHANDLE GRADING AND PAVING INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PANHANDLE MEDICAL SERVICES LLC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | PATTI MARINE ENTERPRISES, INC. | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PAYDAY INC | PENSACOLA, FL | BancorpSouth Bank |
| $350,000–1 million | PEDIATRIC ASSOCIATES, P.A. | PENSACOLA, FL | Centennial Bank |
| $1–2 million | PEN GULF, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | PENSACOLA APOTHECARY, INC. | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PENSACOLA AVIATION CENTER | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | PENSACOLA CATHOLIC HIGH | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | PENSACOLA CONCRETE CONSTRUCTION COMPANY INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | PENSACOLA FUEL INJECTIONS | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | PENSACOLA HABITAT FOR HUMANITY | PENSACOLA, FL | SmartBank |
| $350,000–1 million | PENSACOLA LUNG GROUP | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PENSACOLA MEMORIAL GARDENS AND FUNERAL HOME, INC | PENSACOLA, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $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 |
| $1–2 million | PENSACOLA PEDIATRICS, PA | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | PENSACOLA PODIATRY PA | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PENSACOLA POOLS, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | PENSACOLA RADIOLOGY CONSULTANTS, P.A. | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | PENSACOLA YACHT CLUB INC. | PENSACOLA, FL | BBVA USA |
| $150,000–350,000 | PERDIDO BAY GOLF LLC | PENSACOLA, FL | BankPlus |
| $150,000–350,000 | PERDIDO BAY UNITED METHODIST CHURCH | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | PERDIDO KEY OYSTER BAR, RESTAU | 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, FL | IBERIABANK |
| $1–2 million | PETE MOORE CHEVROLET, INC. | PENSACOLA, FL | Ally Bank |
| $150,000–350,000 | PETERSON PRECISION PAINTING INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PHILLYS CHEESESTEAKS AND HOAGIES | PENSACOLA, FL | Regions 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 LLC | PENSACOLA, FL | Paragon Bank |
| $350,000–1 million | PLASMINE TECHNOLOGY, INC | PENSACOLA, FL | BBVA USA |
| $350,000–1 million | PLASTIC COATED PAPERS, INC. | PENSACOLA, FL | BBVA USA |
| $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 |
| $150,000–350,000 | PRISTINE TOUCH SERVICES CORP. | PENSACOLA, FL | Celtic Bank Corporation |
| $350,000–1 million | PRO CLEAN CARPET CLEANING, LLC | PENSACOLA, FL | BancorpSouth Bank |
| $350,000–1 million | PROCONSTRUCTION LLC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | PROFESSIONAL HEALTH EXAMINERS INC | PENSACOLA, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | PROPERTY CARE SOLUTIONS, LLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | PSYCHOLOGICAL ASSOCIATES PA | PENSACOLA, FL | BBVA USA |
| $350,000–1 million | PTAC CONSULTING ENGINEERS, INC. | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | PUCKET OIL CO INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | PULMONARY, CRITICAL CARE & SLEEP DISORDER MEDICINE, PA | PENSACOLA, FL | Regions Bank |
| $350,000–1 million | PYRAMID, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | QUALITY URGENT CARE & WELLNESS P.L. | PENSACOLA, FL | BBVA USA |
| $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 |
| $2–5 million | RADIOLOGY ASSOCIATES OF PENSACOLA PA | PENSACOLA, FL | Regions 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 WEST FLORIDA | 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 |
| $1–2 million | REHABILITATION CENTER AT PARK PLACE LLC | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | RELEVANT MEDIA GROUP INC | PENSACOLA, FL | IBERIABANK |
| $150,000–350,000 | RENFROE PECAN COMPANY | PENSACOLA, FL | Regions 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 d/b/a Branch Banking & Trust Co |
| $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 |