SBA Loans for Construction in Mississippi
Since fiscal year 2021, at least 23 lenders made 129 SBA loans to Construction businesses in Mississippi. These are the most active, based on public SBA data.
Most active SBA lenders for Construction in Mississippi
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Peoples Bank Mendenhall, MS | 35 | $348,327 | 41% | 7(a), Express |
| 2 | Northeast Bank Lewiston, ME | 12 | $116,633 | 17% | 7(a) |
| 3 | BankFirst Financial Services Columbus, MS | 9 | $454,163 | 30% | 7(a), Express |
| 4 | Community Bank of Mississippi Flowood, MS | 8 | $425,815 | 50% | 7(a), Express |
| 5 | United Midwest Savings Bank National Association De Graff, OH | 7 | $372,333 | 78% | 7(a) |
| 6 | Newtek Bank, National Association Miami, FL | 6 | $304,493 | 12% | 7(a), Express |
| 7 | BayFirst National Bank Saint Petersburg, FL | 6 | $181,025 | 3% | 7(a) |
| 8 | Readycap Lending, LLC Berkeley Heights, NJ | 6 | $254,456 | 23% | 7(a) |
| 9 | Wells Fargo Bank National Association Sioux Falls, SD | 5 | $269,564 | 89% | 7(a), Express |
| 10 | Renasant Bank Tupelo, MS | 4 | $1,395,931 | 51% | 7(a), Express |
Related guide: Loans for Contractors and Construction Businesses
Other industries in Mississippi
- Agriculture & Fishing336 loans
- Restaurants & Lodging257 loans
- Retail Stores225 loans
- Trucking & Transportation188 loans
- Health Care156 loans
- Personal Services & Repair145 loans
- Cleaning, Landscaping & Admin105 loans
- Professional Services85 loans
← All SBA lenders in Mississippi
Frequently asked questions
Which lenders make the most SBA loans to Construction businesses in Mississippi?
Based on public SBA data, the most active were Peoples Bank, Northeast Bank, BankFirst Financial Services.
How many SBA loans did Construction businesses get in Mississippi?
129 SBA loans since fiscal year 2021, from at least 23 different lenders.
Which SBA loan fits a Construction business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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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.