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BankPlus

BELZONI, MS 39038

⭐ SBA Preferred Lender
95
Loans Approved
$85.5M
Total Volume
$900K
Avg Loan Size
7
States Served

States Served

Top Industries Financed

  • Broilers and Other Meat Type
  • Chicken Egg Production
  • Limited-Service Restaurants
  • Current-Carrying Wiring Device Manufacturing
  • Full-Service Restaurants

Quick Summary

BankPlus is an SBA-approved lender headquartered in BELZONI, Mississippi. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 95 SBA 7(a) loans totaling $85.5M, with an average loan size of $900K. They serve businesses across 7 states.

About BankPlus

BankPlus is an SBA-approved lender headquartered in BELZONI, Mississippi. Since 2020, they have approved 95 SBA 7(a) loans totaling $85.5M, with an average loan size of $900K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 7 states.

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Frequently Asked Questions

Is BankPlus an SBA Preferred Lender?

Yes, BankPlus is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has BankPlus approved?

According to SBA FOIA public records, BankPlus has approved 95 SBA 7(a) loans totaling $85.5M since 2020. Their average loan size is $900K.

What states does BankPlus serve?

BankPlus serves businesses in 7 states: Alabama, Florida, Louisiana, Michigan, Mississippi, South Carolina, Tennessee.

How do I apply for an SBA loan with BankPlus?

To apply for an SBA 7(a) loan with BankPlus, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days