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SBA lender profile

BankPlus

BankPlus appears in the public SBA loan data with 440 funded 7(a) loans since FY2010, totaling $195.1M, an average of $443K per loan, and an estimated 5,045 jobs supported. Its SBA lending concentrates in Mississippi and the Agriculture, Forestry, Fishing sector. Across its 7(a) loans, the charge-off rate is 2.9%. 34.1% of its 7(a) loans were processed under delegated PLP authority.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 73
Scale 80
Activity 75
Consistency 85

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
440
Since FY2010
Total volume
$195.1M
Average loan size
$443K
7(a) charge-off rate
2.9%
Share of 7(a) loans charged off
Jobs supported (reported)
5,045
Programs
7(a)

Is BankPlus the right lender for you?

Lenders fund what they know. BankPlus's SBA lending concentrates in Mississippi (315 loans) and Agriculture, Forestry, Fishing (130 loans), at an average loan of $443K. If your business does not look like that, a different SBA lender is likely the better fit.

See which SBA lenders fund businesses like yours →

Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.

Bank profile

via FDIC
Total assets
$8.3B
Headquarters
Belzoni, MS
FDIC cert
#5903
Status
Active

Where BankPlus lends

Top states by funded SBA volume.

StateLoansTotal volume
Mississippi 315 $125.7M
Alabama 36 $28.2M
Louisiana 75 $26.5M
Tennessee 10 $13.1M
Florida 2 $600K
South Carolina 1 $560K

Metro areas where BankPlus funds

What BankPlus funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Agriculture, Forestry, Fishing 130 $108.9M
Manufacturing 23 $12.4M
Accommodation and Food Services 48 $12.2M
Other Services 30 $10.8M
Retail Trade 46 $10.6M
Wholesale Trade 25 $7.2M

BankPlus SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
201025$5.3M
201124$6.1M
20129$995K
201313$3.5M
201438$12.1M
201561$20.1M
201644$16.1M
201752$24.1M
201839$12.4M
201937$6.7M
202017$12.6M
202120$18.0M
202214$20.8M
202326$21.3M
202411$5.9M
20253$2.9M
20267$6.2M

Related SBA lenders

Other lenders active in Mississippi or in Agriculture, Forestry, Fishing.

Comparing lenders? See how to choose an SBA lender by track record.

BankPlus: frequently asked questions

Does BankPlus offer SBA loans?

Yes. BankPlus appears in the public SBA data with 440 funded SBA 7(a) loans totaling $195.1M.

How many SBA loans has BankPlus made?

BankPlus is associated with 440 SBA 7(a) loans totaling $195.1M in the public SBA data (as of 2026-03-31).

What is BankPlus's SBA charge-off rate?

About 2.9% of BankPlus's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does BankPlus do most of its SBA lending?

BankPlus's SBA lending in the data is most concentrated in Mississippi, and by industry in Agriculture, Forestry, Fishing.

Is BankPlus an SBA Preferred Lender (PLP)?

The loan record shows BankPlus operating under PLP delegated authority: 150 of its 7(a) loans (34.1%) were processed through the Preferred Lenders Program, including 9 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For BankPlus

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of BankPlus's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). BankPlus SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bankplus/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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