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County4th of 75 in Mississippi by approvalsFIPS 28047
SBA loans in Harrison County, Mississippi
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Harrison County, Mississippi, received 104 SBA loan approvals worth $81.4M in FY2021 to FY2025 (99 7(a), 5 504).
That is 23.8 approvals per 1,000 business establishments (4,368 establishments in 2023), below the Mississippi figure of 28.6 and below the national 41.0.
It ranks 4th of 75 Mississippi counties with approvals. In FY2025 there were 28, about level with FY2024.
35 lenders had approvals here; the most active were Peoples Bank (9), Hancock Whitney Bank (9) and BankFirst Financial Services (9). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Harrison County
By number of approvals to businesses in the county, FY2021–FY2025; 35 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Peoples BankMendenhall, MS | 9 | $10.6M | 8.7% | |
| 2 | Hancock Whitney BankGulfport, MS | 9 | $7.4M | 8.7% | |
| 3 | BankFirst Financial ServicesColumbus, MS | 9 | $5.9M | 8.7% | |
| 4 | The Huntington National BankColumbus, OH | 9 | $2.9M | 8.7% | |
| 5 | Community Bank of MississippiFlowood, MS | 9 | $2.6M | 8.7% | |
| 6 | Northeast BankLewiston, ME | 6 | $489K | 5.8% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 4 | $3.7M | 3.8% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 4 | $2.1M | 3.8% | |
| 9 | Wells Fargo Bank National AssociationSioux Falls, SD | 4 | $547K | 3.8% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $153K | 3.8% | |
| 11 | Merchants & Marine BankPascagoula, MS | 3 | $1.3M | 2.9% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 3 | $1.2M | 2.9% | |
| 13 | GBankLas Vegas, NV | 2 | — | 1.9% | |
| 14 | Renasant BankTupelo, MS | 2 | — | 1.9% | |
| 15 | Three Rivers Local Development Company, Inc.Pontotoc, MS · CDC | 2 | — | 1.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 18 | 17.3% | |
| 2 | Traveler AccommodationNAICS 7211 | 10 | 9.6% | |
| 3 | Personal Care ServicesNAICS 8121 | 5 | 4.8% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 4 | 3.8% | |
| 5 | Other Personal ServicesNAICS 8129 | 3 | 2.9% | |
| 6 | Health and Personal Care RetailersNAICS 4561 | 3 | 2.9% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 2.9% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 3 | 2.9% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 2.9% | |
| 10 | Highway, Street, and Bridge ConstructionNAICS 2373 | 2 | 1.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 28 | 26.9% | |
| 2 | Retail Trade | 15 | 14.4% | |
| 3 | Other Services (except Public Administration) | 14 | 13.5% | |
| 4 | Construction | 10 | 9.6% | |
| 5 | Health Care and Social Assistance | 9 | 8.7% | |
| 6 | Manufacturing | 6 | 5.8% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 6 | 5.8% | |
| 8 | Professional, Scientific, and Technical Services | 4 | 3.8% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 21 | $9.2M | $150K | 1 | — | 22 | 165 |
| FY2025 | 26 | $17.7M | $350K | 2 | — | 28 | 461 |
| FY2024 | 30 | $14.7M | $235K | 0 | — | 30 | 185 |
| FY2023 | 24 | $32.0M | $973K | 2 | — | 26 | 612 |
| FY2022 | 8 | $3.7M | $309K | 0 | — | 8 | 321 |
| FY2021 | 11 | $6.8M | $418K | 1 | — | 12 | 139 |
| FY2020 | 18 | $14.4M | $275K | 1 | — | 19 | 156 |
| FY2019 | 21 | $8.6M | $150K | 1 | — | 22 | 190 |
| FY2018 | 22 | $9.7M | $175K | 0 | — | 22 | 371 |
| FY2017 | 23 | $5.3M | $89K | 1 | — | 24 | 454 |
| FY2016 | 18 | $8.0M | $166K | 1 | — | 19 | 239 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 106 approvals.
Against Mississippi and the country
| FY2021–FY2025 | Harrison County | Mississippi | United States |
|---|---|---|---|
| Approvals | 104 | 1,729 | 342,825 |
| Approvals per 1,000 establishments | 23.8 | 28.6 | 41.0 |
| Median 7(a) approval | $320K | $200K | $190K |
| Median 504 approval | $861K | $1.1M | $657K |
| Average approval | $782K | $561K | $573K |
| 504 share of approvals | 4.8% | 2.3% | 11.0% |
| Jobs supported per approval, as reported | 16.5 | 10.2 | 10.5 |
| Share of state approvals | 6.0% | 100.0% | — |
Approval sizes
- $50,000 or less13.5%14
- $50,001 to $150,00018.3%19
- $150,001 to $350,00019.2%20
- $350,001 to $1 million24.0%25
- $1 million to $2 million13.5%14
- Over $2 million11.5%12
Age of the businesses
- Existing, more than 2 years old36.5%38
- New business, 2 years or less13.5%14
- Startup, loan funds will open the business31.7%33
- Change of ownership17.3%18
- Not answered1.0%1
Questions and answers
Which lenders make the most SBA loans in Harrison County?
By approvals in FY2021 to FY2025: Peoples Bank (9), Hancock Whitney Bank (9), BankFirst Financial Services (9), The Huntington National Bank (9), Community Bank of Mississippi (9). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Harrison County?
The median 7(a) approval was $320K and the median 504 approval $861K; the Mississippi 7(a) median was $200K.
Which industries get the most SBA loans in Harrison County?
Restaurants and Other Eating Places (18); Traveler Accommodation (10); Personal Care Services (5); Services to Buildings and Dwellings (4); Other Personal Services (3).
Is SBA lending in Harrison County rising?
Approvals in the three latest complete fiscal years total 84, against 39 in the three before: rising (+115%).
How does Harrison County compare with the rest of Mississippi?
23.8 approvals per 1,000 establishments against 28.6 statewide, and 104 of the state's 1,729 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error