Merchants & Marine Bank: SBA Lending Profile
Certified CDFI, U.S. Treasury
Merchants & Marine Bank is an FDIC-insured bank, headquartered in Pascagoula, MS. It is active in 14 states, concentrated around TX, MS, FL. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Merchants & Marine Bank actually approves
The median SBA approval at Merchants & Marine Bank is $294,300. The middle 80% of its loans fall between $25,000 and $1,239,720. The smallest funded approval in the available source window is $25,000 and the largest is $5,000,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Industries it funds most
| Industry | Funded loans in source data | Share |
|---|---|---|
| Full-Service Restaurants | 7 | 9.1% |
| Limited-Service Restaurants | 6 | 7.8% |
| Snack and Nonalcoholic Beverage Bars | 6 | 7.8% |
| Meat Retailers | 4 | 5.2% |
| All Other Personal Services | 4 | 5.2% |
| Electronics and Appliance Retailers | 4 | 5.2% |
| All Other Specialty Trade Contractors | 2 | 2.6% |
| Limousine Service | 2 | 2.6% |
| Sewing, Needlework, and Piece Goods Retailers | 2 | 2.6% |
| Clothing and Clothing Accessories Retailers | 2 | 2.6% |
| Plumbing, Heating, and Air-Conditioning Contractors | 2 | 2.6% |
| Offices of Lawyers | 2 | 2.6% |
How fast Merchants & Marine Bank actually funds
Approval is not money in the bank. Across 61 loans where both dates are on record, the typical gap between SBA approval and first disbursement at Merchants & Marine Bank is 21 days. Half its loans fund between 10 and 35 days. The typical SBA lender takes about 20 days, so this is roughly in line with the market.
Lending momentum
SBA approvals at Merchants & Marine Bank by fiscal year.
Funded approvals by SBA fiscal year (October to September). FY2026 is excluded because it is still in progress.
Borrower profile
- This institution is a Treasury-certified Community Development Financial Institution. CDFIs exist specifically to fund businesses and communities that conventional lenders often decline.
- 51.9% of its funded SBA records with known business age went to startups or businesses under two years old, which is high, most SBA lenders skew heavily toward established companies.
- Collateral was taken on 96.1% of its recent SBA loans.
- 41.6% of its SBA lending is revolving lines of credit rather than term loans.
- 1.3% of its loans carry fixed rates; the rest are variable.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. CDFI certification status from the U.S. Treasury CDFI Fund certified institution list. Funding speed is the median gap between approval date and first disbursement date in SBA records. Some lenders report disbursement at month end, which can round the figure upward. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by Merchants & Marine Bank.