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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
| Industry | Loans | Share |
|---|---|---|
| Support Activities for Oil and Gas Operations | 19 | |
| Construction Sand and Gravel Mining | 4 | |
| Drilling Oil and Gas Wells | 2 | |
| Crude Petroleum and Natural Gas Extraction | 1 | |
| Crude Petroleum Extraction | 1 | |
| Crushed and Broken Limestone Mining and Quarrying | 1 |
An SBA 7(a) lender for loans this size
The median SBA loan approved for mining & energy in Mississippi since FY2010 was $128,700. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
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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