SBA Lenders Actively Funding Businesses in Mississippi
Since 2020, 155 different SBA lenders have approved2,080 loans for businesses in Mississippi. The table below ranks the most active by loans actually made in the state, not by advertising budget. A lender headquartered elsewhere that funds heavily in Mississippibeats a local name that rarely writes SBA loans.
Most active SBA lenders in Mississippi
| Lender | MS loans since 2020 | Median loan | Median rate |
|---|---|---|---|
| Peoples Bank | 352 | $288K | 7.5% |
| Community Bank of Mississippi | 197 | $245K | 6% |
| Trustmark Bank | 144 | $171K | 6.25% |
| The Huntington National Bank | 74 | $95K | 9.5% |
| Live Oak Banking Company | 64 | $785K | 8.35% |
| First Financial Bank | 57 | $590K | 7.5% |
| Newtek Bank, National Association | 50 | $200K | 11.25% |
| Northeast Bank | 46 | $103K | 10.75% |
| Wells Fargo Bank National Association | 45 | $15K | 9.75% |
| Hancock Whitney Bank | 38 | $375K | 9.75% |
| Renasant Bank | 37 | $638K | 7% |
| The Citizens National Bank of Meridian | 37 | $150K | 9.5% |
| Readycap Lending, LLC | 36 | $150K | 11.25% |
| Southern Bancorp Bank | 33 | $378K | 7.75% |
| BayFirst National Bank | 31 | $150K | 12.25% |
| United Midwest Savings Bank National Association | 27 | $150K | 9.75% |
| Celtic Bank Corporation | 21 | $150K | 10.25% |
| GBank | 18 | $2.4M | 8.25% |
| Regions Bank | 16 | $559K | 7.75% |
| Merchants & Marine Bank | 16 | $294K | 10.5% |
| Byline Bank | 15 | $800K | 9.5% |
| First Bank of the Lake | 14 | $373K | 10.25% |
| Lendistry SBLC, LLC | 12 | $150K | 12.25% |
| Pinnacle Bank | 12 | $768K | 7.25% |
| Stone Bank | 9 | $150K | 9.75% |
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Start your funding profile →Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records. Loan counts reflect projects located in Mississippi. Figures describe past lending activity only and are not offers, quotes, or qualification decisions. Big Brain Funding is not a lender and is not affiliated with any lender listed.