| $150,000–350,000 | PAINTING UNLIMITED, INC. | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | PALADIN FREIGHT SOLUTIONS, INC, | MEMPHIS, TN | Bank3 |
| $150,000–350,000 | PALLADIO LLC | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | PALLET SERVICES LLC | MEMPHIS, TN | Simmons Bank |
| $350,000–1 million | PANCHO'S MEXICAN FOODS INC | MEMPHIS, TN | Regions Bank |
| $350,000–1 million | PARK VIEW LLC | MEMPHIS, TN | Bank of Bartlett |
| $150,000–350,000 | PARKER PATRICK LLC | MEMPHIS, TN | MBE Capital Partners |
| $150,000–350,000 | PASSONS EYE CENTER, PLLC | MEMPHIS, TN | Paragon Bank |
| $350,000–1 million | PATHOPARA INC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | PATRICK ACCOUNTING AND TAX SERVICES PLLC | MEMPHIS, TN | Renasant Bank |
| $350,000–1 million | PATRIOT STAFFING SOLUTIONS INC | MEMPHIS, TN | Planters Bank & Trust Company |
| $350,000–1 million | PATTON-TULLY MARINE, LLC | MEMPHIS, TN | Triumph Bank |
| $350,000–1 million | PAULSEN PRINTING COMPANY | MEMPHIS, TN | Paragon Bank |
| $350,000–1 million | PAVO INC. | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | PAX MEMPHIS RECOVERY, LLC | MEMPHIS, TN | Bank of America, National Association |
| $150,000–350,000 | PCS MEDICAL SOLUTIONS, LLC | MEMPHIS, TN | Pinnacle Bank |
| $1–2 million | PDU CAT, INC. | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | PEARLS OYSTER HOUSE LLC | MEMPHIS, TN | IBERIABANK |
| $1–2 million | PEDIATRIC ANESTHESIOLOGISTS, P.A. | MEMPHIS, TN | Bank of Bartlett |
| $1–2 million | PEDIATRIC EMERGENCY SPECIALISTS, PC | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | PEIFER SAFE AND LOCK, LLC | MEMPHIS, TN | Guaranty Bank & Trust Company |
| $2–5 million | PENN A KEM LLC | MEMPHIS, TN | Webster Bank, National Association |
| $150,000–350,000 | PEREA ELEMENTARY SCHOOL | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | PEREA PRESCHOOL | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | PERFORMANCE TIRE & WHEEL, INC. | MEMPHIS, TN | Bank3 |
| $350,000–1 million | PERIDYN INC | MEMPHIS, TN | Renasant Bank |
| $350,000–1 million | PERIMETER TRANSPORTATION CO., LLC | MEMPHIS, TN | BankPlus |
| $350,000–1 million | PERIODONTAL ASSOCIATES OF MEMPHIS PC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | PERKINS-EVERITT LIGHTING & CONTROLS, INC. | MEMPHIS, TN | Pinnacle Bank |
| $150,000–350,000 | PETE & SAM'S RESTAURANT, INC | MEMPHIS, TN | Commercial Bank and Trust Company |
| $150,000–350,000 | PETTIT'S LAWNSCAPES, LLC | MEMPHIS, TN | Paragon Bank |
| $1–2 million | PFS TRANSPORTATION INC | MEMPHIS, TN | Bank3 |
| $150,000–350,000 | PHELPS ELECTRIC, INC. | MEMPHIS, TN | Bank of Bartlett |
| $1–2 million | PHELPS SECURITY | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | PHOENIX COMMUNICATIONS CORPORATION | MEMPHIS, TN | Guaranty Bank & Trust Company |
| $150,000–350,000 | PHOENIX GROUP RESTAURANTS, LLC | MEMPHIS, TN | Bank3 |
| $350,000–1 million | PHYSICIANS POSTGRADUATE PRESS | MEMPHIS, TN | Regions Bank |
| $1–2 million | PICKERING, INC AND SUBSIDIARIES | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | PILOT HOUSE MOTOR INNS, INC. | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | PINNACLE HEALTH, LLC | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | PITMAN GLASS COMPANY | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | PLASTIC SURGERY GROUP OF MEMPHIS, P.C. (THE) | MEMPHIS, TN | Pinnacle Bank |
| $2–5 million | PMC BIOGENIX INC | MEMPHIS, TN | PNC Bank, National Association |
| $1–2 million | POAG SHOPPING CENTERS, LLC | MEMPHIS, TN | Paragon Bank |
| $350,000–1 million | PONDER & CO., INC. | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | POTTS DELIVERY SERVICE, INC. | MEMPHIS, TN | Planters Bank & Trust Company |
| $350,000–1 million | POWER EQUIPMENT COMPANY OF MEMPHIS | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | POWER EXPRESS, INC. | MEMPHIS, TN | Cadence Bank, National Association |
| $350,000–1 million | POWER TRANSPORT, LLC | MEMPHIS, TN | Triumph Bank |
| $350,000–1 million | PRAESTO SERVICES LLC | MEMPHIS, TN | Pinnacle Bank |
| $150,000–350,000 | PRECISION AIR CONDITIONING AND HEATING, L.L.C. | MEMPHIS, TN | BancorpSouth Bank |
| $150,000–350,000 | PREFERRED AUTO INSURANCE COMPANY, INC | MEMPHIS, TN | Trustmark National Bank |
| $150,000–350,000 | PREMIER PACKAGING, INC | MEMPHIS, TN | Commercial Bank and Trust Company |
| $150,000–350,000 | PREMIER TRANSPORTATION SERVICE INC | MEMPHIS, TN | First Horizon Bank |
| $1–2 million | PRESBYTERIAN DAY SCHOOL | MEMPHIS, TN | Evolve Bank & Trust |
| $1–2 million | PRESTIGIOUS PLACEMENT INC | MEMPHIS, TN | Triumph Bank |
| $150,000–350,000 | PRIME CONTRACTORS, INC. | MEMPHIS, TN | Trustmark National Bank |
| $350,000–1 million | PRIME STEAK, LLC | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | PRIORITY INSURANCE AGENCY, INC. | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | PRO SITE CONSTRUCTION LLC | MEMPHIS, TN | BankPlus |
| $350,000–1 million | PRO-TECH SECURITY INC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | PROCESS AND POWER INC | MEMPHIS, TN | IBERIABANK |
| $1–2 million | PROCESS SYSTEMS INCORPORATED CONSTRUCTION COMPANY | MEMPHIS, TN | Triumph Bank |
| $150,000–350,000 | PRODUCTION SPECIALTIES, INC. | MEMPHIS, TN | First Horizon Bank |
| $1–2 million | PROFESSIONAL STAFFING INC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | PROFESSIONAL TECHNOLOGIES GROUP, INC | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | PROGRESSIVE REHAB,LLC | MEMPHIS, TN | Bank of Bartlett |
| $2–5 million | PROGRESSIVE TECHNOLOGIES, INC. | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | PROMISE ACADEMY INC | MEMPHIS, TN | Patriot Bank |
| $350,000–1 million | PROMISE ACADEMY SPRING HILL INC. | MEMPHIS, TN | Patriot Bank |
| $150,000–350,000 | PROMISE DEVELOPMENT CORPORATION | MEMPHIS, TN | BancorpSouth Bank |
| $1–2 million | PROTECH SERVICES GROUP INC | MEMPHIS, TN | Regions Bank |
| $150,000–350,000 | PROTECTIVE SERVICES CO INC | MEMPHIS, TN | First Horizon Bank |
| $1–2 million | PROVIDENT PRACTICE MANAGEMENT SERVICES LLC | MEMPHIS, TN | Trustmark National Bank |
| $2–5 million | PSALMS, INC. | MEMPHIS, TN | Simmons Bank |
| $350,000–1 million | PUGH'S LAWN & LANDSCAPE INC | MEMPHIS, TN | Bank3 |
| $150,000–350,000 | PURFIXSMILE DENTAL | MEMPHIS, TN | Celtic Bank Corporation |
| $350,000–1 million | PYRAMID ELECTRIC, INC | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | PYRAMID FINANCIAL INC | MEMPHIS, TN | Wells Fargo Bank, National Association |
| $350,000–1 million | PYRAMID FOOD BROKERS, INC. | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | PYRAMID INTERIORS DISTRIBUTORS, INC. | MEMPHIS, TN | Trustmark National Bank |
| $150,000–350,000 | PYRAMID USED CARS, INC | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | QUALITY INCENTIVE COMPANY | MEMPHIS, TN | FirstBank |
| $150,000–350,000 | QUANTUM EDGE, LLC | MEMPHIS, TN | BancorpSouth Bank |
| $350,000–1 million | R-DENT DENTAL LABORATORY, INC. | MEMPHIS, TN | Pinnacle Bank |
| $2–5 million | RADIANS INC | MEMPHIS, TN | Bank of America, National Association |
| $150,000–350,000 | RADIOGRAPHICS INC. | MEMPHIS, TN | BancorpSouth Bank |
| $350,000–1 million | RALEIGH GROUP, PC | MEMPHIS, TN | The Bank of Fayette County |
| $150,000–350,000 | RANGER CONSTRUCTION CO INC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | RAPID REFUND TAXES LLC | MEMPHIS, TN | BankVista |
| $150,000–350,000 | RBM VENTURE COMPANY | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | READ FOUNDATION | MEMPHIS, TN | Regions Bank |
| $150,000–350,000 | REAL NURSES LLC | MEMPHIS, TN | Readycap Lending, LLC |
| $350,000–1 million | REALTY TITLE AND ESCROW COMPANY, INC. | MEMPHIS, TN | Regions Bank |
| $350,000–1 million | REALTY TITLE AND ESCROW SERVICES, INC. | MEMPHIS, TN | Regions Bank |
| $150,000–350,000 | REALVOICE LLC | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | REAVES LAW FIRM PLLC | MEMPHIS, TN | Cadence Bank, National Association |
| $150,000–350,000 | RED DOOR WEALTH MANAGEMENT, LLC | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | REDEEMERS GROUP, INC | MEMPHIS, TN | BancorpSouth Bank |
| $150,000–350,000 | REEDY & COMPANY REALTORS, LLC | MEMPHIS, TN | Paragon Bank |