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County8th of 75 in Mississippi by approvalsFIPS 28059
SBA loans in Jackson 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.
SBA approved 72 loans to businesses in Jackson County, Mississippi, in FY2021 to FY2025, worth $46.2M: 68 under 7(a) and 4 under 504.
That is 30.5 approvals per 1,000 business establishments (2,358 establishments in 2023), close to the Mississippi figure of 28.6 and below the national 41.0.
It ranks 8th of 75 Mississippi counties with approvals. In FY2025 there were 10, down 55% on FY2024.
28 lenders had approvals here; the most active were Wells Fargo Bank National Association (11), Merchants & Marine Bank (8) and The Huntington National Bank (6). 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 Jackson County
By number of approvals to businesses in the county, FY2021–FY2025; 28 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National AssociationSioux Falls, SD | 11 | $526K | 15.3% | |
| 2 | Merchants & Marine BankPascagoula, MS | 8 | $2.9M | 11.1% | |
| 3 | The Huntington National BankColumbus, OH | 6 | $4.7M | 8.3% | |
| 4 | GBankLas Vegas, NV | 5 | $9.1M | 6.9% | |
| 5 | Community Bank of MississippiFlowood, MS | 5 | $784K | 6.9% | |
| 6 | Hancock Whitney BankGulfport, MS | 4 | $5.0M | 5.6% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 4 | $398K | 5.6% | |
| 8 | Peoples BankMendenhall, MS | 3 | $5.0M | 4.2% | |
| 9 | Byline BankChicago, IL | 2 | — | 2.8% | |
| 10 | Southern Development CouncilMountain Brook, AL · CDC | 2 | — | 2.8% | |
| 11 | BankFirst Financial ServicesColumbus, MS | 2 | — | 2.8% | |
| 12 | Associated Bank National AssociationGreen Bay, WI | 2 | — | 2.8% | |
| 13 | Regions BankBirmingham, AL | 2 | — | 2.8% | |
| 14 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 2.8% | |
| 15 | Live Oak Banking CompanyWilmington, NC | 1 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 10 | 13.9% | |
| 2 | Traveler AccommodationNAICS 7211 | 7 | 9.7% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 5 | 6.9% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 5.6% | |
| 5 | Activities Related to Real EstateNAICS 5313 | 3 | 4.2% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 3 | 4.2% | |
| 7 | Home Health Care ServicesNAICS 6216 | 2 | 2.8% | |
| 8 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 2 | 2.8% | |
| 9 | Taxi and Limousine ServiceNAICS 4853 | 2 | 2.8% | |
| 10 | Specialty Food StoresNAICS 4452 | 2 | 2.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 19 | 26.4% | |
| 2 | Retail Trade | 13 | 18.1% | |
| 3 | Health Care and Social Assistance | 9 | 12.5% | |
| 4 | Other Services (except Public Administration) | 6 | 8.3% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 6 | 8.3% | |
| 6 | Transportation and Warehousing | 5 | 6.9% | |
| 7 | Real Estate and Rental and Leasing | 4 | 5.6% | |
| 8 | Professional, Scientific, and Technical Services | 3 | 4.2% |
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* | 6 | $8.4M | $1.7M | 0 | — | 6 | 37 |
| FY2025 | 10 | $5.1M | $246K | 0 | — | 10 | 115 |
| FY2024 | 20 | $8.0M | $189K | 2 | — | 22 | 162 |
| FY2023 | 11 | $9.1M | $50K | 1 | — | 12 | 95 |
| FY2022 | 8 | $6.0M | $344K | 0 | — | 8 | 79 |
| FY2021 | 19 | $14.7M | $440K | 1 | — | 20 | 574 |
| FY2020 | 8 | $2.7M | $113K | 0 | — | 8 | 59 |
| FY2019 | 18 | $12.0M | $201K | 0 | — | 18 | 158 |
| FY2018 | 10 | $2.5M | $100K | 0 | — | 10 | 61 |
| FY2017 | 15 | $8.0M | $200K | 0 | — | 15 | 156 |
| FY2016 | 21 | $4.0M | $135K | 0 | — | 21 | 260 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 72 approvals.
Against Mississippi and the country
| FY2021–FY2025 | Jackson County | Mississippi | United States |
|---|---|---|---|
| Approvals | 72 | 1,729 | 342,825 |
| Approvals per 1,000 establishments | 30.5 | 28.6 | 41.0 |
| Median 7(a) approval | $283K | $200K | $190K |
| Median 504 approval | $866K | $1.1M | $657K |
| Average approval | $642K | $561K | $573K |
| 504 share of approvals | 5.6% | 2.3% | 11.0% |
| Jobs supported per approval, as reported | 14.2 | 10.2 | 10.5 |
| Share of state approvals | 4.2% | 100.0% | — |
Approval sizes
- $50,000 or less22.2%16
- $50,001 to $150,00020.8%15
- $150,001 to $350,00011.1%8
- $350,001 to $1 million23.6%17
- $1 million to $2 million13.9%10
- Over $2 million8.3%6
Age of the businesses
- Existing, more than 2 years old34.7%25
- New business, 2 years or less25.0%18
- Startup, loan funds will open the business22.2%16
- Change of ownership18.1%13
Questions and answers
Which lenders make the most SBA loans in Jackson County?
By approvals in FY2021 to FY2025: Wells Fargo Bank National Association (11), Merchants & Marine Bank (8), The Huntington National Bank (6), GBank (5), Community Bank of Mississippi (5). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Jackson County?
The median 7(a) approval was $283K and the median 504 approval $866K; the Mississippi 7(a) median was $200K.
Which industries get the most SBA loans in Jackson County?
Restaurants and Other Eating Places (10); Traveler Accommodation (7); Offices of Other Health Practitioners (5); Automotive Repair and Maintenance (4); Activities Related to Real Estate (3).
Is SBA lending in Jackson County rising?
Approvals in the three latest complete fiscal years total 44, against 36 in the three before: rising (+22%).
How does Jackson County compare with the rest of Mississippi?
30.5 approvals per 1,000 establishments against 28.6 statewide, and 72 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