SBA Lenders in Mississippi
26 active SBA lenders · 7,680 loans approved · $4.3B total volume
All SBA Lenders in Mississippi
| Lender | City | Loans | Total Volume | Avg Loan | Preferred |
|---|---|---|---|---|---|
| Cadence Bank | TUPELO | 4,871 | $2.3B | $466K | ⭐ |
| Peoples Bank | MENDENHALL | 619 | $693.9M | $1.1M | ⭐ |
| Hancock Whitney Bank | GULFPORT | 502 | $366.1M | $729K | ⭐ |
| Renasant Bank | TUPELO | 437 | $442.5M | $1.0M | ⭐ |
| BankFirst Financial Services | COLUMBUS | 310 | $106.5M | $344K | ⭐ |
| Community Bank of Mississippi | Flowood | 295 | $111.4M | $378K | ⭐ |
| Trustmark Bank | JACKSON | 232 | $70.7M | $305K | ⭐ |
| BankPlus | BELZONI | 95 | $85.5M | $900K | ⭐ |
| Covington County Bank | COLLINS | 92 | $9.8M | $107K | — |
| Merchants & Marine Bank | PASCAGOULA | 80 | $36.2M | $453K | ⭐ |
| The Citizens National Bank of Meridian | MERIDIAN | 54 | $13.1M | $243K | ⭐ |
| Guaranty Bank and Trust Company | BELZONI | 20 | $14.9M | $745K | — |
| First State Bank | WAYNESBORO | 17 | $9.6M | $564K | — |
| PriorityOne Bank | MAGEE | 12 | $2.3M | $188K | — |
| Southern AgCredit, FLCA | HATTIESBURG | 10 | $25.1M | $2.5M | — |
| Planters Bank and Trust Company | INDIANOLA | 8 | $3.4M | $431K | — |
| RiverHills Bank | VICKSBURG | 6 | $2.2M | $366K | — |
| Story Bank d/b/a Story Financial Partners | Jackson | 5 | $8.3M | $1.7M | — |
| The Commercial Bank | DE KALB | 5 | $1.9M | $386K | — |
| BNA Bank | NEW ALBANY | 4 | $777K | $194K | — |
| Pike National Bank | MCCOMB | 1 | $25K | $25K | — |
| Citizens Bank | COLUMBIA | 1 | $108K | $108K | — |
| First Bank | MCCOMB | 1 | $365K | $365K | — |
| Hope Enterprise Corporation | Jackson | 1 | $140K | $140K | — |
| The Citizens Bank of Philadelphia | Philadelphia | 1 | $73K | $73K | — |
| Hope FCU | JACKSON | 1 | $25K | $25K | — |
Finding an SBA Lender in Mississippi
There are currently 26 SBA-approved lenders headquartered in Mississippi, ranging from national banks to local community lenders. Together they have approved 7,680 SBA 7(a) loans totaling $4.3B since 2020.
Of these, 10 are SBA Preferred Lenders — meaning they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing and funding.
Ready to Apply for an SBA Loan in Mississippi?
Check if you qualify in minutes — no impact to your credit score.
Check My Eligibility at SmartBiz →SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days
Next Step: Borrower Guides
SBA Lender Questions for Mississippi
How many SBA lenders are in Mississippi?
There are currently 26 SBA-approved lenders headquartered in Mississippi. Together they have approved 7,680 SBA 7(a) loans totaling $4.3B since 2020. Of these, 10 hold SBA Preferred Lender status, allowing them to approve loans without prior SBA review.
What is an SBA Preferred Lender in Mississippi?
An SBA Preferred Lender (PLP) in Mississippi is a bank or financial institution that has earned delegated authority from the SBA to approve loans independently — without waiting for SBA review. This results in faster approvals (often 7–10 business days vs. 4–6 weeks) and a more streamlined process. Mississippi currently has 10 Preferred Lenders.
How do I choose the best SBA lender in Mississippi?
When choosing an SBA lender in Mississippi, consider three factors: (1) Preferred Lender status — these lenders close loans faster; (2) loan volume — lenders with higher approval counts have more SBA experience; (3) average loan size — find a lender whose typical deal size matches your needs. Our directory shows real SBA loan data for all 26 Mississippi lenders so you can compare objectively.
How long does SBA loan approval take in Mississippi?
With an SBA Preferred Lender in Mississippi, approval typically takes 7–10 business days. Non-preferred lenders require SBA review, adding 2–4 weeks. After approval, funding usually takes an additional 2–4 weeks, so total time from application to funding is typically 30–90 days depending on the lender and loan complexity.