Mississippi · Mining & Energy
SBA loans for mining & energy in Mississippi
28 loans worth $12.8M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Mississippi.
Loans
28
Approved
$12.8M
Median loan
$128,700
-43% vs sector nationally
Median rate
6.00%
Jobs supported
249
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 mining & energy in Mississippi
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Trustmark Bank | 9 | $6.8M | |
| The Huntington National Bank | 1 | $2.0M | |
| UniBank | 1 | $1.2M | |
| Peoples Bank | 4 | $988K | |
| Community Bank of Mississippi | 3 | $833K | |
| Covington County Bank | 6 | $406K | |
| Readycap Lending, LLC | 1 | $273K | |
| BankPlus | 1 | $215K |
Detail
Which industries inside the sector
All SBA lending in Mississippi
7,052 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Mississippi?
- 28 SBA loans totalling $12,815,600 have been approved for mining, quarrying, and oil and gas extraction projects in Mississippi since FY2010.
- Which lenders finance mining & energy in Mississippi?
- The most active by dollars approved are Trustmark Bank, The Huntington National Bank, UniBank, Peoples Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Mississippi?
- The median approval is $128,700, 43% below the national median for this sector ($227,300).
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