Mississippi SBA Loan Data
15,993 loans totaling $4.9B across all SBA programs.
Total Loans
15,993
1992–2025
Total Volume
$4.9B
Gross approval amount
Avg Loan Size
$303K
Median: $107K
Avg Interest Rate
6.68%
Default rate: 13.2%
SBA Lending by County
Click any county to explore its loan data. Showing: Total Volume
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Counties in Mississippi
| Harrison → | 1,117 | $406.1M | $364K |
| Rankin → | 1,218 | $318.1M | $261K |
| Hinds → | 1,442 | $314.0M | $218K |
| Desoto → | 549 | $255.8M | $466K |
| Leake → | 667 | $217.8M | $327K |
| Madison → | 839 | $207.3M | $247K |
| Covington → | 935 | $203.9M | $218K |
| Jones → | 533 | $198.3M | $372K |
| Jackson → | 527 | $173.7M | $330K |
| Scott → | 402 | $157.7M | $392K |
| Simpson → | 629 | $144.2M | $229K |
| Neshoba → | 387 | $140.7M | $364K |
| Lee → | 348 | $110.7M | $318K |
| Forrest → | 425 | $100.5M | $237K |
| Lowndes → | 201 | $97.2M | $484K |
| Lauderdale → | 180 | $81.1M | $451K |
| Wayne → | 138 | $75.8M | $549K |
| Pike → | 214 | $74.0M | $346K |
| Lincoln → | 295 | $72.5M | $246K |
| Smith → | 295 | $70.2M | $238K |
| Copiah → | 231 | $69.1M | $299K |
| Lawrence → | 193 | $68.9M | $357K |
| Newton → | 201 | $65.3M | $325K |
| Warren → | 154 | $58.4M | $379K |
| Lamar → | 208 | $56.3M | $271K |
Showing 1–25 of 83
Mississippi Loan Status
Mississippi Loan Status showing Active: 11.9%, Paid in Full: 64.3%, Charged Off: 11.6%, Cancelled: 11.6%, Committed: 0.6%
Active11.9%
Paid in Full64.3%
Charged Off11.6%
Cancelled11.6%
Committed0.6%
Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.
Mississippi Annual Lending Volume
Mississippi Annual Lending Volume from 1992 to 2025
Number of Loans per Year
Number of Loans per Year from 1992 to 2025
Top Industries
Top Industries with 12 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Top Lenders in Mississippi
| First Financial Bank | 1,790 | $588.6M | $329K | 6.19% | 10.5% |
| Community Bank of Mississippi | 1,675 | $572.8M | $342K | 5.88% | 9.0% |
| Trustmark Bank | 2,743 | $364.3M | $133K | 5.95% | 9.8% |
| Peoples Bank | 1,078 | $334.9M | $311K | 7.25% | 9.2% |
| Regions Bank | 735 | $194.6M | $265K | 6.85% | 12.6% |
| BankPlus | 506 | $168.7M | $333K | 6.06% | 10.9% |
| Cadence Bank | 683 | $155.7M | $228K | 6.25% | 10.3% |
| Live Oak Banking Company | 104 | $154.3M | $1.5M | 6.77% | 3.1% |
| Renasant Bank | 373 | $153.0M | $410K | 5.86% | 13.6% |
| Hancock Whitney Bank | 687 | $122.5M | $178K | 6.79% | 9.5% |
| BankFirst Financial Services | 245 | $90.7M | $370K | 7.02% | 6.1% |
| Business Loan Center, LLC | 298 | $87.2M | $293K | N/A | 61.0% |
| Readycap Lending, LLC | 146 | $70.6M | $484K | 11.72% | 23.1% |
| Southern AgCredit, FLCA | 37 | $53.7M | $1.5M | 6.52% | 0.0% |
| Covington County Bank | 570 | $48.3M | $85K | 6.63% | 0.9% |
| Citizens Bank | 67 | $45.2M | $674K | 5.81% | 3.3% |
| Southern Bancorp Bank | 37 | $45.1M | $1.2M | 7.34% | 0.0% |
| BIZCapital BIDCO II, LLC | 21 | $37.1M | $1.8M | 4.78% | 10.0% |
| GBank | 15 | $36.6M | $2.4M | 7.98% | 0.0% |
| Byline Bank | 29 | $36.1M | $1.2M | 8.58% | 8.7% |
| Wells Fargo Bank National Association | 167 | $35.7M | $214K | 9.31% | 11.5% |
| First Bank of the Lake | 26 | $34.3M | $1.3M | 8.86% | 0.0% |
| Celtic Bank Corporation | 68 | $32.9M | $484K | 7.40% | 23.2% |
| Guaranty Bank and Trust Company | 109 | $32.7M | $300K | 6.19% | 14.8% |
| The Citizens Bank of Philadelphia | 116 | $31.2M | $269K | 6.17% | 4.0% |
Get the Data
Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
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