Lenders › Hancock Whitney Bank
7(a) lenderGulfport, MississippiFDIC-insured bank88th of 2,184 by approvals
Hancock Whitney Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 441 7(a) loans, worth $323M, through Hancock Whitney Bank of Gulfport, Mississippi, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 88th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 111 approvals totalling $80.0M, down 23% on FY2024 (144). FY2026 to 30 Jun 2026 adds 89 more.
The median approval was $385K, against $190K for the 7(a) program as a whole; 20.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 16 states and territories and 106 counties, led by Florida (33.8%), Louisiana (25.4%) and Texas (23.8%). The largest industry group was accommodation and food services at 16.3% of approvals, and 17.0% of approvals were to franchise businesses.
Of 587 disbursed loans approved in FY2010 to FY2021, SBA records 17 as charged off (2.9%), 448 as paid in full and 122 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 89 | $59.9M | $475K | $673K | 1,047 |
| FY2025 | 111 | $80.0M | $408K | $721K | 1,607 |
| FY2024 | 144 | $89.7M | $338K | $623K | 1,319 |
| FY2023 | 81 | $62.3M | $500K | $769K | 1,049 |
| FY2022 | 52 | $39.0M | $342K | $749K | 502 |
| FY2021 | 53 | $52.2M | $385K | $984K | 1,568 |
| FY2020 | 40 | $26.8M | $308K | $670K | 892 |
| FY2019 | 38 | $16.6M | $269K | $437K | 582 |
| FY2018 | 54 | $24.5M | $216K | $453K | 871 |
| FY2017 | 106 | $34.4M | $125K | $324K | 1,127 |
| FY2016 | 66 | $21.8M | $175K | $331K | 994 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 304 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Florida | 7(a) program |
|---|---|---|---|
| Approvals in these years | 739 | 31,863 | 639,905 |
| Cancelled or never disbursed | 152 | 3,596 | 79,313 |
| Disbursed loans | 587 | 28,267 | 560,592 |
| Paid in full | 448 | 20,064 | 435,813 |
| Charged off | 17 | 2,783 | 36,891 |
| Still outstanding (status exempt from disclosure) | 122 | 5,420 | 87,888 |
| Charged off, share of disbursed loans | 2.9% | 9.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.1% | 3.1% | 2.5% |
| Dollars charged off | $2.6M | $442M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 47 | 13 | 0 | 0.0% | 2.8% |
| FY2020 | 32 | 13 | 1 | 3.1% | 4.0% |
| FY2019 | 30 | 14 | 1 | 3.3% | 6.7% |
| FY2018 | 45 | 24 | 1 | 2.2% | 7.9% |
| FY2017 | 92 | 72 | 3 | 3.3% | 7.7% |
| FY2016 | 52 | 43 | 2 | 3.8% | 7.2% |
| FY2015 | 66 | 58 | 4 | 6.1% | 6.9% |
| FY2014 | 45 | 38 | 3 | 6.7% | 6.4% |
| FY2013 | 24 | 23 | 0 | — | 6.0% |
| FY2012 | 27 | 26 | 1 | — | 6.3% |
| FY2011 | 58 | 55 | 1 | 1.7% | 6.9% |
| FY2010 | 69 | 69 | 0 | 0.0% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $385K | $190K |
| Average approval | $733K | $518K |
| Approvals of $150,000 or less | 20.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 56.2% | 34.3% |
| Approvals to franchise businesses | 17.0% | 11.5% |
| Jobs supported per approval, as reported | 13.7 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 2.9% | 6.6% |
States served
| # | State of the business (16 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida | 149 | $89.0M | 33.8% | |
| 2 | Louisiana | 112 | $59.2M | 25.4% | |
| 3 | Texas | 105 | $116M | 23.8% | |
| 4 | Mississippi | 31 | $18.5M | 7.0% | |
| 5 | Alabama | 27 | $19.3M | 6.1% | |
| 6 | Tennessee | 4 | $2.0M | 0.9% | |
| 7 | Georgia | 3 | $1.7M | 0.7% | |
| 8 | Massachusetts | 2 | — | 0.5% | |
| 9 | Pennsylvania | 1 | — | 0.2% | |
| 10 | Arkansas | 1 | — | 0.2% | |
| 11 | Minnesota | 1 | — | 0.2% | |
| 12 | Illinois | 1 | — | 0.2% |
In Florida the lender accounts for 0.6% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (106 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Harris County, TX | 24 | $22.4M | 5.4% | |
| 2 | Pinellas County, FL | 22 | $18.0M | 5.0% | |
| 3 | Mobile County, AL | 19 | $11.9M | 4.3% | |
| 4 | Jefferson Parish, LA | 16 | $9.0M | 3.6% | |
| 5 | Hillsborough County, FL | 15 | $13.7M | 3.4% | |
| 6 | Okaloosa County, FL | 15 | $7.1M | 3.4% | |
| 7 | Orleans Parish, LA | 14 | $8.3M | 3.2% | |
| 8 | Walton County, FL | 14 | $5.3M | 3.2% | |
| 9 | St. Tammany Parish, LA | 13 | $10.1M | 2.9% | |
| 10 | Escambia County, FL | 13 | $6.1M | 2.9% | |
| 11 | East Baton Rouge Parish, LA | 12 | $4.5M | 2.7% | |
| 12 | Bay County, FL | 12 | $4.3M | 2.7% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 72 | 16.3% | |
| 2 | Health Care and Social Assistance | 51 | 11.6% | |
| 3 | Retail Trade | 43 | 9.8% | |
| 4 | Professional, Scientific, and Technical Services | 41 | 9.3% | |
| 5 | Construction | 39 | 8.8% | |
| 6 | Other Services (except Public Administration) | 38 | 8.6% | |
| 7 | Manufacturing | 28 | 6.3% | |
| 8 | Arts, Entertainment, and Recreation | 27 | 6.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 68 | 15.4% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 22 | 5.0% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 17 | 3.9% | |
| 4 | Offices of PhysiciansNAICS 6211 | 15 | 3.4% | |
| 5 | Personal Care ServicesNAICS 8121 | 13 | 2.9% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 12 | 2.7% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 11 | 2.5% | |
| 8 | Other Personal ServicesNAICS 8129 | 11 | 2.5% | |
| 9 | Services to Buildings and DwellingsNAICS 5617 | 10 | 2.3% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 9 | 2.0% |
Approval sizes
- $50,000 or less6.3%28
- $50,001 to $150,00014.3%63
- $150,001 to $350,00028.1%124
- $350,001 to $1 million31.7%140
- $1 million to $2 million11.3%50
- Over $2 million8.2%36
Loan terms
- 5 years or less0.2%1
- Over 5 to 10 years67.6%298
- Over 10 to 20 years22.7%100
- Over 20 years9.5%42
Age of the businesses
- Existing, more than 2 years old27.2%120
- New business, 2 years or less14.5%64
- Startup, loan funds will open the business41.7%184
- Change of ownership16.6%73
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 334 | 75.7% | |
| 2 | SBA Express Program | 82 | 18.6% | |
| 3 | 7a General | 24 | 5.4% | |
| 4 | 7a with EWCP | 1 | 0.2% |
Franchise share
75 of 441 approvals in FY2021–FY2025 (17.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | PrimoHoagies | 5 | 1.1% | |
| 2 | iCRYO Franchise System LLC | 4 | 0.9% | |
| 3 | Feng Cha | 3 | 0.7% | |
| 4 | Chicken Salad Chick | 3 | 0.7% | |
| 5 | Sweet Paris Creperie & Cafe | 2 | 0.5% | |
| 6 | The UPS Store | 2 | 0.5% | |
| 7 | The Ten Spot | 2 | 0.5% | |
| 8 | Koala Insulation | 2 | 0.5% |
Questions and answers
How many SBA loans does Hancock Whitney Bank make?
SBA approved 111 7(a) loans through Hancock Whitney Bank in FY2025, worth $80.0M, and 441 over FY2021 to FY2025. That ranks 88th of 2,184 active 7(a) lenders by number of approvals.
How large are Hancock Whitney Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $385K and the average $733K. The program-wide median was $190K.
What is Hancock Whitney Bank's charge-off rate?
Of 587 disbursed loans approved in FY2010 to FY2021, SBA records 17 as charged off (2.9%), 448 as paid in full and 122 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Hancock Whitney Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (68); other amusement and recreation industries (22); offices of other health practitioners (17); offices of physicians (15).
Where does Hancock Whitney Bank make SBA loans?
In 16 states and territories. Florida 149, Louisiana 112, Texas 105, Mississippi 31, Alabama 27. In Florida it accounts for 0.6% of all 7(a) approvals.
Is Hancock Whitney Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 336, against 145 in the three before: rising (+132%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error