347 SBA 7(a) loans were approved in Mississippi last year

$192M in approvals across 18 industry sectors in fiscal year 2025. Below: which sectors got funded, how much a typical approval was, and how long the lenders wrote the paper for.

Build a plan for Mississippi — free preview$299 one time. Your plan cites this data for your own industry.

What got funded, by sector

Every approved 7(a) loan carries an industry code. Grouped at the sector level, this is where Mississippi's SBA money went in FY2025.

SectorLoansLendersMedian approvalMedian term
Accommodation and food services4420$218,000120 mo
Other services (except public administration)3617$150,000120 mo
Agriculture, forestry, fishing and hunting3611$787,000186 mo
Construction3013$137,400120 mo
Health care and social assistance2916$200,000120 mo
Transportation and warehousing296$99,50084 mo
Retail trade2815$557,000120 mo
Professional, scientific and technical services2714$120,000120 mo
Administrative, support and waste management services2714$152,000120 mo
Manufacturing125$354,450123 mo
Finance and insurance118$300,000120 mo
Wholesale trade107$256,500120 mo
Arts, entertainment and recreation109$312,500122 mo
Real estate, rental and leasing75$250,000120 mo
Educational services54$150,000120 mo
Utilities21$111,650120 mo
Mining, quarrying, and oil and gas extraction22$1,136,500129 mo
Information22$348,500120 mo

Medians are per sector and are not averaged together — a median cannot be added up. Sector counts partition the year: they sum to the 347 approvals above, with no loan counted twice.

Lenders active across Mississippi

These names come up at the top of several sectors in Mississippi. It is a picture of who is lending here — not a ranking: the published file lists the leading lenders of each sector, so a bank strong in one single sector can be missing from this view.

Northeast Bank14 sectorsPeoples Bank12 sectorsCommunity Bank of Mississippi11 sectorsNewtek Bank, National Association10 sectorsLive Oak Banking Company9 sectorsTrustmark Bank9 sectorsThe Huntington National Bank10 sectorsThe Citizens National Bank of Meridian7 sectorsReadycap Lending, LLC6 sectorsFirst Bank of the Lake5 sectorsBankFirst Financial Services7 sectorsFirst Financial Bank2 sectors

Where this comes from

U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), as published on 2026-06-30. Fiscal year 2025 is the last complete one; the year in progress is excluded so the figures do not move under you. All our sources.

This page reports approvals. It says nothing about applications that were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.

Other states

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Every plan we build pulls this data for your own state and industry, positions your request against what actually got approved, and computes the coverage ratio your deal is held to — before you pay.

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