Community Bank of Mississippi
Flowood, MS 39232
⭐ SBA Preferred LenderStates Served
Top Industries Financed
- Full-Service Restaurants
- Broilers and Other Meat Type
- Limited-Service Restaurants
- Chicken Egg Production
- Child Day Care Services
Quick Summary
Community Bank of Mississippi is an SBA-approved lender headquartered in Flowood, Mississippi. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 295 SBA 7(a) loans totaling $111.4M, with an average loan size of $378K. They serve businesses across 5 states.
About Community Bank of Mississippi
Community Bank of Mississippi is an SBA-approved lender headquartered in Flowood, Mississippi. Since 2020, they have approved 295 SBA 7(a) loans totaling $111.4M, with an average loan size of $378K. 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 5 states.
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Frequently Asked Questions
Is Community Bank of Mississippi an SBA Preferred Lender?
Yes, Community Bank of Mississippi 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 Community Bank of Mississippi approved?
According to SBA FOIA public records, Community Bank of Mississippi has approved 295 SBA 7(a) loans totaling $111.4M since 2020. Their average loan size is $378K.
What states does Community Bank of Mississippi serve?
Community Bank of Mississippi serves businesses in 5 states: Alabama, Florida, Louisiana, Mississippi, Tennessee.
How do I apply for an SBA loan with Community Bank of Mississippi?
To apply for an SBA 7(a) loan with Community Bank of Mississippi, 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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