Mississippi · Finance & Insurance
SBA loans for finance & insurance in Mississippi
104 loans worth $38.2M approved since FY2010 for finance and insurance projects located in Mississippi.
Loans
104
Approved
$38.2M
Median loan
$150,000
-25% vs sector nationally
Median rate
7.53%
Jobs supported
910
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to finance & insurance in Mississippi
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Byline Bank | 10 | $12.9M | |
| United Midwest Savings Bank | 4 | $2.8M | |
| The Farmers National Bank of Canfield | 2 | $2.6M | |
| Newtek Bank | 8 | $2.2M | |
| Live Oak Banking Company | 5 | $1.5M | |
| Renasant Bank | 2 | $1.5M | |
| Community Bank of Mississippi | 7 | $1.4M | |
| BankFirst Financial Services | 6 | $1.3M |
Detail
Which industries inside the sector
All SBA lending in Mississippi
7,052 loans across every sector.
Finance & Insurance nationally
18,357 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to finance & insurance businesses in Mississippi?
- 104 SBA loans totalling $38,228,800 have been approved for finance and insurance projects in Mississippi since FY2010.
- Which lenders finance finance & insurance in Mississippi?
- The most active by dollars approved are Byline Bank, United Midwest Savings Bank, The Farmers National Bank of Canfield, Newtek Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for finance & insurance in Mississippi?
- The median approval is $150,000, 25% below the national median for this sector ($200,000).
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