News Releases
Pinnacle Opens New Office in Gallatin
Pinnacle Financial Partners opened its new Gallatin office May 5 at 1534 Noah Lane in Greensboro Village. This is the firm’s first new full-service location in the Nashville area in 11 years and its 28th office in Middle Tennessee.
Pinnacle Loans $26.7 Million to Companies in Virginia During Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 242 loans worth $26.7 million to local businesses in need in the Roanoke Valley and Lynchburg. Added together with first round lending, the firm issued nearly 736 PPP loans worth more than $131.5 million in the market. For context, Pinnacle’s local loan growth in all of 2019 was $65.6 million.
Pinnacle Loans $77.6 Million to Chattanooga Area Companies in Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 605 loans worth $77.6 million to local businesses in need across the Chattanooga area. Added together with first round lending, the firm issued nearly 1,766 PPP loans worth more than $279.9 million in the market. For context, Pinnacle’s local loan growth in all of 2019 was $159.2 million.
Pinnacle Loans $88.8 Million to Knoxville Area Companies in Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 567 loans worth $88.8 million to local businesses in need across the Knoxville area. Added together with first round lending, the firm issued nearly 1,662 PPP loans worth more than $330 million in the market. For context, Pinnacle’s local loan growth in all of 2019 was $216.8 million.
Pinnacle Loans $42.7 Million to Memphis Area Companies in Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 530 loans worth $47.2 million to local businesses in need across the Memphis area. Added together with first round lending, the firm issued 1,171 PPP loans worth more than $160.6 million in the market. For context, Pinnacle’s local loan growth in all of 2019 was $332.6 million.
Pinnacle Loans $55.9 Million to Companies on the South Carolina Coast in Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 594 loans worth $55.9 million to local businesses in need up and down the South Carolina coast. Added together with first round lending, the firm issued nearly 1,598 PPP loans worth more than $160.1 million in the market. For context, Pinnacle’s local loan growth in all of 2019 was $60.2 million.
Pinnacle Loans $49.5 Million to Triangle Area Companies in Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 442 loans worth $49.5 million to local businesses in need across the Triangle region. Added together with first round lending, the firm issued nearly 1,143 PPP loans worth more than $150.6 million in the market. For context, Pinnacle’s local loan growth in all of 2019 was $156 million.
Pinnacle Loans $122.8 Million to Triad Area Companies in Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 1,220 loans worth $122.8 million to local businesses in need across the Triad region. Added together with first round lending, the firm issued nearly 3,083 PPP loans worth more than $385.4 million in the market. For context, Pinnacle’s local loan growth in all of 2019 was $82.8 million.
Pinnacle Loans $89.6 Million to Charlotte Area Companies in Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 799 loans worth $89.6 million to local businesses in need across the Charlotte area. Added together with first round lending, the firm issued nearly 2,076 PPP loans worth more than $279.8 million in the market. For context, Pinnacle’s local loan growth in all of 2019 was $207.8 million.
Pinnacle Loans $25 Million to Companies in Upstate South Carolina in Round Two of the Paycheck Protection Program
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 355 loans worth $25 million to local businesses in need in Upstate South Carolina. Added together with first round lending, the firm issued 738 PPP loans worth more than $69.5 million in the market.
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