| $350,000–1 million | RUBBER & SPECIALTIES INC | PENSACOLA, FL | BBVA USA |
| $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 | Radius Bank |
| $2–5 million | SALTMARSH CLEAVELAND & GUND PA | PENSACOLA, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $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 d/b/a Branch Banking & Trust Co |
| $350,000–1 million | SANDY SANSING CHRYSLER DODGE JEEP RAM LLC | PENSACOLA, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $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 L.L.C. | PENSACOLA, FL | BBVA USA |
| $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 d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | SNACKCRATE, INC | PENSACOLA, FL | Navy FCU |
| $150,000–350,000 | SOCIETY OF ENVIRONMENTAL TOXICOLOGY AND CHEMISTRY OF NORTH AMERICA | PENSACOLA, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $1–2 million | SOLARIS HEALTHCARE PENSACOLA, LLC | PENSACOLA, FL | American Momentum Bank |
| $1–2 million | SONIC SHOTTENKIRK INC | PENSACOLA, FL | Bank of America, National Association |
| $150,000–350,000 | SOUTHEAST ROOFING & CONSTRUCTION, INC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | SOUTHERN DENTAL ASSOCIATES PA | PENSACOLA, FL | BBVA USA |
| $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, A National Banking Association |
| $150,000–350,000 | SPECIALTY VEHICLES SOUTHEAST, INC. | PENSACOLA, FL | Regions 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 d/b/a Branch Banking & Trust Co |
| $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 |
| $150,000–350,000 | SUNPAK OF PENSACOLA INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | SUPERIOR GRANITE, INC. | PENSACOLA, FL | BBVA USA |
| $150,000–350,000 | SUPERIOR IN-HOME CARE, INC. | PENSACOLA, FL | BBVA USA |
| $150,000–350,000 | SURETY LAND TITLE OF FLORIDA LLC | PENSACOLA, FL | First National Bank and Trust |
| $150,000–350,000 | SUSHI MASA PENSACOLA INC | PENSACOLA, FL | Cross River Bank |
| $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 | 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 |
| $150,000–350,000 | TEAM SANDY BLANTON REALTY, INC | PENSACOLA, FL | Customers 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 d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | THE ASTA GROUP LLC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | THE BLAKE AT BOSSIER CITY OPERATING CO LLC | PENSACOLA, FL | BankPlus |
| $350,000–1 million | THE BLAKE AT CHARLOTTESVILLE SERVICES LLC | PENSACOLA, FL | BankPlus |
| $350,000–1 million | THE BLAKE AT KINGSPORT OPERATING CO LLC | PENSACOLA, FL | BankPlus |
| $150,000–350,000 | THE BODACIOUS OLIVE LLC | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | THE CHURCH WARDENS AND VESTRYMEN OF CHRISTS CHURCH IN PENSACOLA | PENSACOLA, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | THE DIOCESE OF PENSA | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | THE GREEN-SIMMONS COMPANY, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $2–5 million | THE LEWIS BEAR COMPANY | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | THE O'CONNOR MANAGEMENT GROUP | PENSACOLA, FL | Bremer Bank, National Association |
| $150,000–350,000 | THE PATHOLOGY GROUP OF NORTHWEST FLORIDA | PENSACOLA, FL | BBVA USA |
| $150,000–350,000 | THE SOLAR GUYS, INC. DBA COMPASS SOLAR ENERGY | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | THE WRIGHT COMPANY | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | TOTAL FIELD & ENVIRONMENTAL SERVICES LLC | PENSACOLA, FL | First International Bank & Trust |
| $150,000–350,000 | TOTAL LEASING CO INC | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | TRAHAN MORTUARY SERVICES, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $1–2 million | TRICO MECHANICAL CONTRACTORS INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | TRIP 7'S, LLC | PENSACOLA, FL | The First, A National Banking Association |
| $350,000–1 million | TWOMAYS INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | UNDERWOOD ANDERSON & ASSOCIATES INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | UNITED WAY OF WEST FLORIDA | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | UNIVERSITY AUTO RECYCLERS INC | PENSACOLA, FL | SmartBank |
| $350,000–1 million | UNIVERSITY OF WEST FLORIDA FOUNDATION INC | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | US BLOCK WINDOWS INC | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | VALLARTA INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $350,000–1 million | VANNOY'S TIRES INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | VELOCITY RESTORATIONS LLC | PENSACOLA, FL | Beach Community Bank |
| $350,000–1 million | VERO TECHNICAL SUPPORT INC | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | VIVID PATHOLOGY, P.A. | PENSACOLA, FL | Regions Bank |
| $150,000–350,000 | VIZZ, LLC | PENSACOLA, FL | MainStreet Bank |
| $150,000–350,000 | VOL 1 INC. | PENSACOLA, FL | Bank of Pensacola |
| $350,000–1 million | VS FISHER COMPANY, INC. | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | WADE PALMER & SHOEMAKER PA | PENSACOLA, FL | ServisFirst Bank |
| $350,000–1 million | WALBORSKY & BRADLEY, PLLC | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | WALES PAINTING, INC. | PENSACOLA, FL | Bank of Pensacola |
| $350,000–1 million | WALLACE SPRINKLER & SUPPLY, INC. | PENSACOLA, FL | Bank of Pensacola |
| $150,000–350,000 | WALSH & WALSH LLC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | WARDSTER INC | PENSACOLA, FL | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | WARREN HOLLOW METAL DOORS & FRAMES, INC. | PENSACOLA, FL | Hancock Whitney Bank |
| $150,000–350,000 | WARRINGTON UTILITY & EXCAVATING INC. | PENSACOLA, FL | Synovus Bank |
| $150,000–350,000 | WARRINGTON VETERINARY CLINIC INC. | PENSACOLA, FL | Synovus Bank |
| $1–2 million | WATERFRONT RESCUE MISSION.ORG | PENSACOLA, FL | Synovus Bank |
| $350,000–1 million | WDR MECHANICAL CONTRACTORS INC | PENSACOLA, FL | ServisFirst Bank |
| $150,000–350,000 | WELLER CELEBRATIONS, INC | PENSACOLA, FL | Synovus Bank |