SBA 7(a) loans in Mississippi
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
842loans approved
$250,000median loan
$81K–$746Kmiddle half of loans
$532.1Mtotal approved
10%median initial rate
10 yrsmedian term
The median Mississippi loan is 43% larger than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Broilers and Other Meat Type Chicken Production (112320) | 70 | $1,325,500 |
| Full-Service Restaurants (722511) | 38 | $211,900 |
| Hotels (except Casino Hotels) and Motels (721110) | 36 | $1,945,500 |
| Insurance Agencies and Brokerages (524210) | 25 | $149,800 |
| General Freight Trucking, Long-Distance, Truckload (484121) | 24 | $59,000 |
| Limited-Service Restaurants (722513) | 23 | $410,000 |
| Chicken Egg Production (112310) | 22 | $660,100 |
| General Freight Trucking, Local (484110) | 18 | $155,050 |
| Site Preparation Contractors (238910) | 15 | $65,000 |
| Other Poultry Production (112390) | 15 | $500,000 |
Most active lenders in Mississippi
| Lender | Loans | Median | Total |
|---|---|---|---|
| Peoples Bank | 103 | $150,000 | $32.8M |
| Community Bank of Mississippi | 63 | $350,000 | $32.1M |
| Trustmark Bank | 49 | $100,000 | $9.9M |
| Newtek Bank, National Association | 45 | $150,000 | $13.3M |
| Live Oak Banking Company | 44 | $1,212,500 | $73.9M |
| The Citizens National Bank of Meridian | 44 | $149,850 | $13.4M |
| Northeast Bank | 41 | $97,300 | $5.2M |
| The Huntington National Bank | 39 | $460,000 | $32.0M |
| Bankfirst Financial Services | 33 | $133,800 | $9.1M |
| Readycap Lending, LLC | 30 | $50,000 | $8.3M |
SBA 504 loans in Mississippi
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
23504 loans approved
$1,318,000median CDC portion
$46.6Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Mississippi
| Lender | Loans | Median | Total |
|---|---|---|---|
| Three Rivers Local Development Company, INC. | 16 | $1,407,000 | $32.4M |
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What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.