Access the Top SBA Lending for Mississippi Small Business
In Mississippi State, known for its hospitality and diverse economy small businesses have ground for success. From the city of Jackson to the towns along the Gulf Coast entrepreneurs encounter numerous pathways for growth and prosperity. Access to leading SBA lending programs allows Mississippi small businesses to access assistance for their expansion and innovation.
Mississippi
The Magnolia State
266,385 small businesses
432,187 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Mississippi
Between March 2021 and March 2022, 7,508 Mississippi establishments opened and 5,524 closed, for a net increase of 1,984. Employment expanded at 16,687 establishments and contracted at 15,137. Small businesses accounted for 6,858 openings and 5,156 closings.
Establishments in Mississippi
Employment in Mississippi
Between March 2021 and March 2022, 7,508 Mississippi establishments opened and 5,524 closed, for a net increase of 1,984. Employment expanded at 16,687 establishments and contracted at 15,137. Small businesses accounted for 6,858 openings and 5,156 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Mississippi
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $967.8 million in loans to Mississippi businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $958.1 million. Total reported new lending to businesses through loans of $1 million or less was $2.7 billion.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Mississippi's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Mississippi
Business Count by Demographic in Mississippi
Total Mississippi Employement by Business Size
Small Business Employment and Payroll by Industry in Mississippi
Source: Business Employment Dynamics (BLS)