Lenders › Trustmark Bank
7(a) lenderJackson, MississippiFDIC-insured bank194th of 2,184 by approvals
Trustmark 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 199 7(a) loans, worth $60.4M, through Trustmark Bank of Jackson, Mississippi, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 194th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 31 approvals totalling $10.6M, down 18% on FY2024 (38). FY2026 to 30 Jun 2026 adds 24 more.
The median approval was $161K, against $190K for the 7(a) program as a whole; 49.7% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 5 states and territories and 46 counties, led by Mississippi (69.3%), Texas (16.1%) and Alabama (9.5%). The largest industry group was transportation and warehousing at 21.6% of approvals, and 11.6% of approvals were to franchise businesses.
Of 743 disbursed loans approved in FY2010 to FY2021, SBA records 50 as charged off (6.7%), 626 as paid in full and 67 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to 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* | 24 | $9.7M | $236K | $406K | 186 |
| FY2025 | 31 | $10.6M | $161K | $340K | 185 |
| FY2024 | 38 | $6.5M | $106K | $171K | 321 |
| FY2023 | 29 | $8.9M | $120K | $307K | 223 |
| FY2022 | 43 | $13.2M | $200K | $307K | 311 |
| FY2021 | 58 | $21.2M | $162K | $366K | 384 |
| FY2020 | 29 | $9.9M | $176K | $340K | 230 |
| FY2019 | 35 | $6.7M | $75K | $190K | 195 |
| FY2018 | 60 | $7.0M | $54K | $116K | 286 |
| FY2017 | 59 | $9.0M | $60K | $152K | 349 |
| FY2016 | 76 | $13.8M | $94K | $182K | 556 |
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 259 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 | Mississippi | 7(a) program |
|---|---|---|---|
| Approvals in these years | 947 | 5,374 | 639,905 |
| Cancelled or never disbursed | 204 | 516 | 79,313 |
| Disbursed loans | 743 | 4,858 | 560,592 |
| Paid in full | 626 | 3,783 | 435,813 |
| Charged off | 50 | 353 | 36,891 |
| Still outstanding (status exempt from disclosure) | 67 | 722 | 87,888 |
| Charged off, share of disbursed loans | 6.7% | 7.3% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.8% | 3.2% | 2.5% |
| Dollars charged off | $3.9M | $55.7M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 51 | 25 | 4 | 7.8% | 2.8% |
| FY2020 | 24 | 13 | 2 | — | 4.0% |
| FY2019 | 27 | 18 | 2 | — | 6.7% |
| FY2018 | 54 | 45 | 0 | 0.0% | 7.9% |
| FY2017 | 53 | 46 | 2 | 3.8% | 7.7% |
| FY2016 | 58 | 49 | 6 | 10.3% | 7.2% |
| FY2015 | 67 | 61 | 4 | 6.0% | 6.9% |
| FY2014 | 50 | 44 | 5 | 10.0% | 6.4% |
| FY2013 | 69 | 67 | 1 | 1.4% | 6.0% |
| FY2012 | 68 | 58 | 7 | 10.3% | 6.3% |
| FY2011 | 96 | 87 | 5 | 5.2% | 6.9% |
| FY2010 | 126 | 113 | 12 | 9.5% | 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 | $161K | $190K |
| Average approval | $304K | $518K |
| Approvals of $150,000 or less | 49.7% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 59.3% | 34.3% |
| Approvals to franchise businesses | 11.6% | 11.5% |
| Jobs supported per approval, as reported | 7.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.7% | 6.6% |
States served
| # | State of the business (5 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mississippi | 138 | $33.9M | 69.3% | |
| 2 | Texas | 32 | $17.3M | 16.1% | |
| 3 | Alabama | 19 | $7.5M | 9.5% | |
| 4 | Florida | 8 | $1.6M | 4.0% | |
| 5 | Tennessee | 2 | — | 1.0% |
In Mississippi the lender accounts for 8.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (46 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Lincoln County, MS | 20 | $6.9M | 10.1% | |
| 2 | Harris County, TX | 17 | $4.1M | 8.5% | |
| 3 | Rankin County, MS | 17 | $2.0M | 8.5% | |
| 4 | Hinds County, MS | 14 | $2.5M | 7.0% | |
| 5 | Madison County, MS | 14 | $2.0M | 7.0% | |
| 6 | Copiah County, MS | 11 | $2.4M | 5.5% | |
| 7 | Simpson County, MS | 10 | $1.4M | 5.0% | |
| 8 | Pike County, MS | 9 | $4.0M | 4.5% | |
| 9 | Forrest County, MS | 7 | $940K | 3.5% | |
| 10 | Montgomery County, TX | 6 | $3.4M | 3.0% | |
| 11 | Amite County, MS | 4 | $3.9M | 2.0% | |
| 12 | Sumter County, AL | 4 | $1.5M | 2.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Transportation and Warehousing | 43 | 21.6% | |
| 2 | Agriculture, Forestry, Fishing and Hunting | 37 | 18.6% | |
| 3 | Accommodation and Food Services | 28 | 14.1% | |
| 4 | Retail Trade | 17 | 8.5% | |
| 5 | Health Care and Social Assistance | 17 | 8.5% | |
| 6 | Other Services (except Public Administration) | 13 | 6.5% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 11 | 5.5% | |
| 8 | Manufacturing | 10 | 5.0% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Poultry and Egg ProductionNAICS 1123 | 31 | 15.6% | |
| 2 | General Freight TruckingNAICS 4841 | 30 | 15.1% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 25 | 12.6% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 8 | 4.0% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 7 | 3.5% | |
| 6 | Specialty Food StoresNAICS 4452 | 6 | 3.0% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 3.0% | |
| 8 | Individual and Family ServicesNAICS 6241 | 4 | 2.0% | |
| 9 | Couriers and Express Delivery ServicesNAICS 4921 | 4 | 2.0% | |
| 10 | Shoe RetailersNAICS 4582 | 4 | 2.0% |
Approval sizes
- $50,000 or less23.6%47
- $50,001 to $150,00026.1%52
- $150,001 to $350,00028.1%56
- $350,001 to $1 million17.1%34
- $1 million to $2 million3.5%7
- Over $2 million1.5%3
Loan terms
- 5 years or less23.6%47
- Over 5 to 10 years49.2%98
- Over 10 to 20 years24.1%48
- Over 20 years3.0%6
Age of the businesses
- Existing, more than 2 years old21.6%43
- New business, 2 years or less14.1%28
- Startup, loan funds will open the business45.2%90
- Change of ownership18.1%36
- Not answered1.0%2
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 130 | 65.3% | |
| 2 | SBA Express Program | 38 | 19.1% | |
| 3 | 7a General | 30 | 15.1% | |
| 4 | Working Capital CAPLine | 1 | 0.5% |
Franchise share
23 of 199 approvals in FY2021–FY2025 (11.6%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Crust Pizza Co | 6 | 3.0% | |
| 2 | Fleet Feet Sports | 4 | 2.0% | |
| 3 | Half Baked | 4 | 2.0% | |
| 4 | Shipley Do-Nut | 2 | 1.0% | |
| 5 | Rolling Suds | 1 | 0.5% | |
| 6 | Smoothie King | 1 | 0.5% | |
| 7 | Quench It Soda Shack | 1 | 0.5% | |
| 8 | PJ's Coffee of New Orleans | 1 | 0.5% |
Questions and answers
How many SBA loans does Trustmark Bank make?
SBA approved 31 7(a) loans through Trustmark Bank in FY2025, worth $10.6M, and 199 over FY2021 to FY2025. That ranks 194th of 2,184 active 7(a) lenders by number of approvals.
How large are Trustmark Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $161K and the average $304K. The program-wide median was $190K.
What is Trustmark Bank's charge-off rate?
Of 743 disbursed loans approved in FY2010 to FY2021, SBA records 50 as charged off (6.7%), 626 as paid in full and 67 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to 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 Trustmark Bank lend to most?
By number of approvals in FY2021 to FY2025: poultry and egg production (31); general freight trucking (30); restaurants and other eating places (25); services to buildings and dwellings (8).
Where does Trustmark Bank make SBA loans?
In 5 states and territories. Mississippi 138, Texas 32, Alabama 19, Florida 8, Tennessee 2. In Mississippi it accounts for 8.2% of all 7(a) approvals.
Is Trustmark Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 98, against 130 in the three before: falling (-25%).
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