Best Mississippi SBA Lenders & Rates of 2026

Compare 45 SBA lenders in Mississippi. $204.7M funded across 309 businesses. Average rate 9.57%. Get matched free.

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Best Mississippi SBA Lenders & Rates of 2026

$204.7M
Total Funded

309
Loans Approved

$662K
Avg Loan Size

9.57%
Avg Interest Rate

45
Active Lenders

SBA Loans in Mississippi

Mississippi businesses received $204.7M in SBA 7(a) loan approvals across 309 businesses in 2025. With 45 active SBA lenders competing for business in Mississippi, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Mississippi is $662K, with rates averaging 9.57%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in Mississippi (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Mississippi businesses:

RankLenderVolumeLoansAvg Rate
1Live Oak Banking Company$38.9M238.77%
2Cadence Bank$19.7M159.90%
3Community Bank of Mississippi$11.7M328.32%
4Renasant Bank$11.5M89.69%
5GBank$10.1M48.81%
6First Bank of the Lake$9.6M99.50%
7Southern Bancorp Bank$8.8M97.87%
8Peoples Bank$8.4M309.43%
9Southern AgCredit, FLCA$7.8M38.21%
10First Financial Bank$7.0M58.35%
11Newtek Bank, National Association$6.4M1811.44%
12The Citizens National Bank of Meridian$5.7M239.93%
13American Bank$5.0M19.50%
14The Huntington National Bank$5.0M19.50%
15Hancock Whitney Bank$4.9M89.78%
16Northeast Bank$4.1M3310.87%
17Stone Bank$4.0M29.00%
18BankPlus$3.9M47.71%
19Commonwealth Business Bank$3.8M28.75%
20Wells Fargo Bank National Association$2.9M410.75%

🤝 How to Get an SBA Loan in Mississippi

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across Mississippi and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with Mississippi SBA Lenders

Ready to apply for an SBA loan in Mississippi? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

Picture of Ishan Jetley

Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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