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SBA lending by state

SBA Lending in Mississippi

In Mississippi, SBA lenders funded 6,958 7(a) and 504 loans since FY2010, totaling $2.9B, an average of $415K per loan. The most active lender is Community Bank of Mississippi, and the most-funded industry is Agriculture, Forestry, Fishing.

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

Funded loans
6,958
Since FY2010
Total volume
$2.9B
Average loan size
$415K

Top SBA lenders in Mississippi

Ranked by SBA loans funded in Mississippi since FY2010. Each lender's figures, including its 7(a) charge-off rate, cover its Mississippi loans only. Charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample in Mississippi shows “not reported,” never 0%.

See the full Mississippi ranking : up to 25 lenders, with the 7(a) vs 504 leaders and industry context.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Community Bank of Mississippi 1,055 $402.6M $382K 4.64%
2 Trustmark Bank 827 $130.3M $158K 4.96%
3 First Financial Bank 776 $245.8M $317K 5.03%
4 Peoples Bank 741 $237.1M $320K 5.53%
5 Covington County Bank 531 $39.3M $74K 0.19%
6 BankPlus 315 $125.7M $399K 3.49%
7 The Huntington National Bank 241 $96.1M $399K 3.73%
8 Renasant Bank 230 $116.3M $506K 6.09%
9 BankFirst Financial Services 196 $78.8M $402K 2.55%
10 Wells Fargo Bank National Association 120 $24.7M $206K 5.83%

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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504 lenders (CDCs) in Mississippi

An SBA 504 project in Mississippi pairs two lenders: a bank or credit union funds roughly half the cost as a first mortgage, and a Certified Development Company (CDC) funds about 40% through an SBA-backed debenture, with the borrower putting down around 10%. Below are the CDCs most active on 504 loans in Mississippi, ranked by 504 loans funded in the state since FY2010. Figures are 504-only; charge-off is reported on 7(a) loans only and does not apply to CDCs.

All Certified Development Companies · Current 504 loan rates · How 504 loans work

Top industries funded in Mississippi

Top cities for SBA loans in Mississippi

Where SBA 7(a) and 504 borrowers in Mississippi are located, by funded volume.

CityLoansTotal volume
Jackson 356 $130.7M
Carthage 271 $93.1M
Biloxi 150 $90.3M
Columbus 87 $84.1M
Olive Branch 106 $83.2M
Laurel 152 $81.5M
Collins 407 $74.9M
Ridgeland 200 $74.1M

SBA lending by metro area in Mississippi

Which lenders fund each Mississippi market, with local loan sizes and industries.

SBA lending in Mississippi by year

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

Fiscal yearLoansTotal volume
2010741$180.3M
2011747$273.8M
2012442$132.5M
2013426$137.3M
2014412$153.3M
2015447$166.9M
2016466$145.8M
2017405$164.7M
2018380$157.2M
2019334$141.6M
2020295$159.8M
2021378$218.0M
2022295$137.5M
2023336$223.0M
2024366$180.9M
2025352$205.4M
2026136$110.9M

SBA lending in Mississippi: frequently asked questions

How much SBA lending is there in Mississippi?

SBA lenders funded 6,958 7(a) and 504 loans totaling $2.9B in Mississippi in the public SBA data (as of 2026-03-31), an average of $415K per loan.

Who is the most active SBA lender in Mississippi?

Community Bank of Mississippi is the most active SBA lender in Mississippi in the public data, by loans funded.

What industries get the most SBA loans in Mississippi?

The most-funded industry for SBA loans in Mississippi is Agriculture, Forestry, Fishing.

Sources and disclaimer. Figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our methodology. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor.

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