News Releases

Pinnacle Loans $42.7 Million to Memphis Area Companies in Round Two of the Paycheck Protection Program

05-11-2021

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

05-11-2021

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

05-11-2021

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

05-11-2021

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

05-11-2021

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

05-11-2021

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.

Pinnacle Loans $338.7 Million to Middle Tennessee Companies in Round Two of the Paycheck Protection Program

05-11-2021

In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made 3,625 loans worth $338.7 million to local businesses in need across Middle Tennessee. Added together with first round lending, the firm issued nearly 9,519 PPP loans worth more than $1.2 billion in the market. For context, Pinnacle’s local loan growth in all of 2019 was $420.7 million.

Pinnacle Loans $930 Million to Companies in Round Two of the Paycheck Protection Program

05-11-2021

In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners made more than 9,000 loans worth $930 million to local businesses in need across its footprint. Combined with first round lending, the firm issued 23,778 PPP loans worth more than $3.2 billion. For context, Pinnacle’s loan growth in all of 2019 was $2.1 billion.

Two Experienced Bankers Make the Move to Pinnacle

05-10-2021

Commercial banker Jerry Bailey and financial specialist Matthew Clark have joined Pinnacle Financial Partners’ Burlington, NC, team. Bailey is an area manager for the firm’s client advisory group, which serves middle market and commercial clients. Clark is a financial specialist for Pinnacle’s client services group.

Pinnacle is the Best Place to Work in South Carolina

05-04-2021

Pinnacle Financial Partners was named the No. 1 Top Workplace in South Carolina in the medium-sized companies category by South Carolina Top Workplaces, as announced today by Greenville Business Magazine, Charleston Business Magazine and Columbia Business Monthly. It is the third time Pinnacle has placed in the state competition and the firm’s first first-place designation. Previous rankings were No. 5 in 2019 and No. 7 in 2020.



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