SBA Lenders in Mississippi
In fiscal years 2021–2026, 128 lenders made 1,911 SBA loans in Mississippi, totaling $1.1 billion. The average loan was $570,475, and 42% went to startups or businesses under two years old.
By program: 1,602 7(a) loans, 309 SBA Express and 0 504 (counting both the CDC and partner bank on each project).
Top 10 most active SBA lenders in Mississippi
| # | Lender | SBA loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Peoples Bank Mendenhall, MS | 316 | $348,327 | 41% | 7(a), Express |
| 2 | Community Bank of Mississippi Flowood, MS | 181 | $425,815 | 50% | 7(a), Express |
| 3 | Trustmark Bank Jackson, MS | 154 | $266,937 | 64% | 7(a), Express |
| 4 | BankFirst Financial Services Columbus, MS | 149 | $454,163 | 30% | 7(a), Express |
| 5 | Northeast Bank Lewiston, ME | 83 | $116,633 | 17% | 7(a) |
| 6 | The Huntington National Bank Columbus, OH | 75 | $669,400 | 60% | 7(a), Express |
| 7 | Newtek Bank, National Association Miami, FL | 75 | $304,493 | 12% | 7(a), Express |
| 8 | Covington County Bank Collins, MS | 59 | $121,771 | 41% | 7(a), Express |
| 9 | Live Oak Banking Company Wilmington, NC | 59 | $1,480,725 | 34% | 7(a), Express |
| 10 | BankPlus Belzoni, MS | 54 | $713,252 | 31% | 7(a), Express |
Lenders that fund the most startups in Mississippi
- Peoples Bank — 130 startup loans (41% of its loans)
- Trustmark Bank — 98 startup loans (64% of its loans)
- Community Bank of Mississippi — 90 startup loans (50% of its loans)
- BankFirst Financial Services — 45 startup loans (30% of its loans)
- The Huntington National Bank — 45 startup loans (60% of its loans)
SBA loans by industry in Mississippi
- Agriculture & Fishing336 loans
- Restaurants & Lodging257 loans
- Retail Stores225 loans
- Trucking & Transportation188 loans
- Health Care156 loans
- Personal Services & Repair145 loans
- Construction129 loans
- Cleaning, Landscaping & Admin105 loans
- Professional Services85 loans
- Manufacturing68 loans
- Fitness & Entertainment57 loans
- Wholesale & Distribution43 loans
- Real Estate & Rental30 loans
- Education & Childcare18 loans
Related guides
Frequently asked questions
Which lenders make the most SBA loans in Mississippi?
Based on public SBA data for fiscal years 2021–2026, the most active were Peoples Bank, Community Bank of Mississippi, Trustmark Bank. Also compare their average loan size and how much they lend to startups.
How many SBA loans were made in Mississippi?
1,911 SBA loans totaling $1.1 billion in fiscal years 2021–2026, with an average of $570,475.
Can I get an SBA loan in Mississippi with a green card?
No. Since March 2026, all owners must be U.S. citizens or nationals for SBA 7(a) and 504 loans. CDFIs and some credit unions are good alternatives.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.