| $150,000–350,000 | LAURELWOOD PEDIATRICS, PLLC | MEMPHIS, TN | Paragon Bank |
| $2–5 million | LAUSANNE COLLEGIATE SCHOOL | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | LB TECHNOLOGY, INC. | MEMPHIS, TN | First Horizon Bank |
| $1–2 million | LCBV MEMPHIS OPERATING, LLC | MEMPHIS, TN | Western Alliance Bank |
| $350,000–1 million | LEADERSHIP PREPARATORY, INC. | MEMPHIS, TN | Pinnacle Bank |
| $150,000–350,000 | LEASING ANGELS, INC. | MEMPHIS, TN | Celtic Bank Corporation |
| $150,000–350,000 | LEGACY AL OPERATING CO LLC | MEMPHIS, TN | Bank Leumi USA |
| $350,000–1 million | LEGACY WEALTH MANAGEMENT INC | MEMPHIS, TN | Republic First Bank d/b/a Republic Bank |
| $2–5 million | LEHMAN ROBERTS COMPANY | MEMPHIS, TN | Evolve Bank & Trust |
| $1–2 million | LEMOYNE OWEN COLLEGE | MEMPHIS, TN | Regions Bank |
| $350,000–1 million | LENAHAN, SMITH & BARGIACHI, P.C. | MEMPHIS, TN | Commercial Bank and Trust Company |
| $350,000–1 million | LEO EVENTS, LLC | MEMPHIS, TN | Regions Bank |
| $350,000–1 million | LEVY DERMATOLOGY PC | MEMPHIS, TN | Evolve Bank & Trust |
| $350,000–1 million | LEXINGTON ASSET MANAGEMENT (TN), LLC | MEMPHIS, TN | Guaranty Bank & Trust Company |
| $150,000–350,000 | LFB, LLC | MEMPHIS, TN | Triumph Bank |
| $350,000–1 million | LIBERTAS SCHOOL OF MEMPHIS | MEMPHIS, TN | Independent Bank |
| $350,000–1 million | LIBERTY ELECTRIC, LLC | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | LIBRA RESOURCES INCORPORATED | MEMPHIS, TN | BancorpSouth Bank |
| $150,000–350,000 | LIFE CHOICES OF MEMPHIS, INC. | MEMPHIS, TN | Bank of Bartlett |
| $350,000–1 million | LIFELINC ANESTHESIA II, PLLC | MEMPHIS, TN | FirstBank |
| $2–5 million | LIFELINC ANESTHESIA, PLLC | MEMPHIS, TN | FirstBank |
| $350,000–1 million | LIFELINC CORPORATION | MEMPHIS, TN | FirstBank |
| $150,000–350,000 | LINCOLN GLASS CO., INC. | MEMPHIS, TN | Renasant Bank |
| $2–5 million | LINDEN STREET CAPITAL CORPORATION | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | LINDENWOOD CHRISTIAN CHURCH | MEMPHIS, TN | Commercial Bank and Trust Company |
| $1–2 million | LINKOUS CONSTRUCTION, INC | MEMPHIS, TN | First Horizon Bank |
| $2–5 million | LIPSCOMB AND PITTS INSURANCE LLC | MEMPHIS, TN | Independent Bank |
| $350,000–1 million | LIT REFRIGERATION COMPANY | MEMPHIS, TN | Bank3 |
| $150,000–350,000 | LIVITUP, INC | MEMPHIS, TN | Bank of Bartlett |
| $150,000–350,000 | LMR,INC | MEMPHIS, TN | Regions Bank |
| $1–2 million | LOCAL SEED HOLDINGS LLC | MEMPHIS, TN | Patriot Bank |
| $150,000–350,000 | LOFLIN YARD, LLC | MEMPHIS, TN | Guaranty Bank & Trust Company |
| $2–5 million | LOGICAL SYSTEMS, LLC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | LOGISTICS GURU GLOBAL LLC | MEMPHIS, TN | Gulf Coast Bank and Trust Company |
| $350,000–1 million | LOKION INTERACTIVE, LLC | MEMPHIS, TN | Pinnacle Bank |
| $350,000–1 million | LORRAINE CIVIL RIGHTS MUSEUM FOUNDATION | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | LOVING CARE INC. | MEMPHIS, TN | BancorpSouth Bank |
| $150,000–350,000 | LOWENSTEIN HOUSE, INC. | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | LPI MEMPHIS INC | MEMPHIS, TN | Renasant Bank |
| $2–5 million | LRK INC | MEMPHIS, TN | IBERIABANK |
| $350,000–1 million | LUBIN PROPERTY MANAGEMENT, LLC | MEMPHIS, TN | Triumph Bank |
| $150,000–350,000 | LUMATRAK, INC | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | LUNCEFORD FAMILY HEALTH CENTER PC | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | LUTTRELL BELTING & SUPPLY CO., INC. | MEMPHIS, TN | Paragon Bank |
| $2–5 million | LYNDA SHANNON INDUSTRIAL STAFFING, LLC | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | LYONS ENTERPRISES, INCORPORATED | MEMPHIS, TN | Pinnacle Bank |
| $150,000–350,000 | LYQUALA BUFORD | MEMPHIS, TN | Atlantic Capital Bank, National Association |
| $350,000–1 million | M PALAZOLA PRODUCE COMPANY | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | M. L. WATKINS ENTERPRISES, INC. | MEMPHIS, TN | Citizens Bank |
| $150,000–350,000 | M. WADE CLAYTON, DDS, PA. ,INC | MEMPHIS, TN | Insbank |
| $150,000–350,000 | MACE'S HEAVY DUTY TOWING SERIES LLC | MEMPHIS, TN | BancorpSouth Bank |
| $350,000–1 million | MACO TRANSPORTATION LLC | MEMPHIS, TN | Financial Federal Bank |
| $150,000–350,000 | MADE IN MEMPHIS ENTERTAINMENT LLC | MEMPHIS, TN | IBERIABANK |
| $150,000–350,000 | MADISON AVENUE HOLDINGS LLC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | MAGIC COMPANIES LLC | MEMPHIS, TN | Celtic Bank Corporation |
| $350,000–1 million | MAHAFFEY EVENTS & TENTS LLC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | MAIN MONROE HOSPITALITY 2018, LLC | MEMPHIS, TN | Triumph Bank |
| $350,000–1 million | MAJESTIC AMERICAN GRILLE & BAR, LLC | MEMPHIS, TN | Renasant Bank |
| $1–2 million | MAJESTIC OPERATIONS, LLC | MEMPHIS, TN | CIBC Bank USA |
| $150,000–350,000 | MAKE-A-WISH FOUNDATION OF THE MID-SOUTH, INC. | MEMPHIS, TN | Paragon Bank |
| $1–2 million | MAKOWSKY RINGEL GREENBERG, LLC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | MALANI ENTERPRISES, INC. | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | MALC, LLC | MEMPHIS, TN | Regions Bank |
| $350,000–1 million | MALCO MANAGEMENT COMPANY | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | MALLORY ALEXANDER INTERNATIONAL LOGISTICS (NY), LLC | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | MARGOLIN HEBREW ACADEMY - YESHIVA OF THE SOUTH | MEMPHIS, TN | BancorpSouth Bank |
| $350,000–1 million | MARTIN TATE MORROW & MARSTON PC | MEMPHIS, TN | IBERIABANK |
| $150,000–350,000 | MARTIN, LEE, & PAGE OBGYN PLC | MEMPHIS, TN | Patriot Bank |
| $150,000–350,000 | MASCOM COMMUNICATIONS INC | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | MATHIS & COMPANY | MEMPHIS, TN | Commercial Bank and Trust Company |
| $150,000–350,000 | MAURICE MAYES, JR. BDA ON POINT TRUCKING | MEMPHIS, TN | Celtic Bank Corporation |
| $350,000–1 million | MAVERICK MILLWORK, LLC | MEMPHIS, TN | Evolve Bank & Trust |
| $150,000–350,000 | MCCABE CONSTRUCTION COMPANY, INC. | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | MCCOMB TRUCKING | MEMPHIS, TN | Fundbox, Inc. |
| $150,000–350,000 | MCCRAY DRILLING, LLC | MEMPHIS, TN | Landmark Community Bank |
| $1–2 million | MCCRORY ELECTRIC COMPANY | MEMPHIS, TN | Cadence Bank, National Association |
| $150,000–350,000 | MCDANIEL WHITLEY INC | MEMPHIS, TN | Insbank |
| $350,000–1 million | MCFADDEN COMMUNICATIONS LLC | MEMPHIS, TN | Financial Federal Bank |
| $150,000–350,000 | MCGEHEE CLINIC FOR ANIMALS PC | MEMPHIS, TN | Pinnacle Bank |
| $150,000–350,000 | MCMILLON WAREHOUSING & DISTRIBUTION, LLC | MEMPHIS, TN | Regions Bank |
| $1–2 million | MCMURRY CONSTRUCTION CO., INC. | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | MCNABB, BARGORGOS, BURGESS & SORIN PLLC | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $350,000–1 million | MCVEAN TRADING & INVESTMENTS, LLC | MEMPHIS, TN | Regions Bank |
| $150,000–350,000 | MDCDC, INC. | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | MECHANICAL AUTOMATED CONTROL SYSTEMS, INC. | MEMPHIS, TN | BancorpSouth Bank |
| $1–2 million | MECHANICAL SYSTEMS COMPANY, LLC | MEMPHIS, TN | Truist Bank d/b/a Branch Banking & Trust Co |
| $150,000–350,000 | MECHANICS LAUNDRY SERVICE, INC. | MEMPHIS, TN | Paragon Bank |
| $150,000–350,000 | MED CARE AMBULANCE INC | MEMPHIS, TN | Renasant Bank |
| $1–2 million | MED COMMUNICATIONS INC | MEMPHIS, TN | Renasant Bank |
| $150,000–350,000 | MEDFORD ROOFING, INC. | MEMPHIS, TN | Simmons Bank |
| $2–5 million | MEDICAL ANESTHESIA GROUP, P.A. | MEMPHIS, TN | Regions Bank |
| $350,000–1 million | MEDICAL EDUCATION AND RESEARCH INSTITUTE | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | MEDICOS GENERAL PLLC | MEMPHIS, TN | Guaranty Bank & Trust Company |
| $150,000–350,000 | MEDPARTNERS, INC. | MEMPHIS, TN | Bank of America, National Association |
| $150,000–350,000 | MEMPHIS & SHELBY COUNTY PEDIATRICS GROUP | MEMPHIS, TN | Regions Bank |
| $150,000–350,000 | MEMPHIS 901FC, LLC | MEMPHIS, TN | First Horizon Bank |
| $350,000–1 million | MEMPHIS ACADEMY OF HEALTH SCIENCES HIGH SCHOOL | MEMPHIS, TN | Commercial Bank and Trust Company |
| $350,000–1 million | MEMPHIS ACADEMY OF HEALTH SCIENCES MIDDLE SCHOOL | MEMPHIS, TN | Commercial Bank and Trust Company |
| $350,000–1 million | MEMPHIS ACADEMY OF SCIENCE AND ENGINEERING | MEMPHIS, TN | First Horizon Bank |
| $150,000–350,000 | MEMPHIS AIR CONDITIONING & HEATING CO. INC | MEMPHIS, TN | Regions Bank |