SBA 7(a) lenders in Desoto, MS

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

66 institutions have SBA 7(a) loans on record in Desoto, together $184.7M across 297 loans. Renasant Bank is the largest, with 12% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Renasant Bank	17	$21.5M	11.7%	0.67%
2	Pinnacle Bank	12	$17.2M	9.3%	0.00%
3	The Huntington National Bank	33	$15.4M	8.3%	2.04%
4	Peoples Bank	5	$14.2M	7.7%	0.00%
5	Live Oak Banking Company	10	$13.4M	7.3%	0.00%
6	Community Bank of Mississippi	31	$13.3M	7.2%	0.00%
7	Celtic Bank Corporation	8	$8.2M	4.4%	0.47%
8	Byline Bank	5	$6.1M	3.3%	0.00%
9	Customers Bank	2	$5.1M	2.7%	0.00%
10	Millennium Bank	1	$5.0M	2.7%	0.00%
11	Simmons Bank	10	$4.3M	2.3%	0.00%
12	American Bank	1	$4.2M	2.3%	0.00%
13	BankUnited, National Association	3	$4.0M	2.2%	0.00%
14	BankPlus	8	$3.8M	2.1%	0.00%
15	U.S. Bank, National Association	5	$3.0M	1.6%	0.00%
16	Citizens Bank	3	$3.0M	1.6%	0.00%
17	GBank	1	$3.0M	1.6%	0.00%
18	Regions Bank	4	$2.9M	1.6%	0.00%
19	PromiseOne Bank	1	$2.4M	1.3%	0.00%
20	Guaranty Bank and Trust Company	5	$2.3M	1.3%	0.00%
21	Ameris Bank	2	$2.3M	1.3%	0.00%
22	Trustmark Bank	14	$2.0M	1.1%	5.44%
23	Stearns Bank National Association	4	$2.0M	1.1%	0.00%
24	Hanmi Bank	1	$1.6M	0.9%	0.00%
25	Bank of America, National Association	2	$1.6M	0.9%	26.42%
26	First Financial Bank	3	$1.5M	0.8%	0.00%
27	The Citizens National Bank of Meridian	4	$1.4M	0.8%	0.00%
28	Story Bank d/b/a Story Financial Partners	5	$1.3M	0.7%	11.36%
29	TowneBank	1	$1.3M	0.7%	0.00%
30	BankFirst Financial Services	5	$1.2M	0.7%	0.00%
31	Newtek Bank, National Association	2	$1.2M	0.6%	0.00%
32	First-Citizens Bank & Trust Company	2	$1.1M	0.6%	0.00%
33	Capital Bank, National Association	1	$1.0M	0.5%	0.00%
34	Evolve Bank and Trust	1	$920K	0.5%	0.00%
35	First Bank of the Lake	5	$917K	0.5%	0.00%
36	Paragon Bank	1	$900K	0.5%	0.00%
37	United Midwest Savings Bank National Association	5	$745K	0.4%	0.00%
38	IncredibleBank	1	$707K	0.4%	0.00%
39	Oconee State Bank	1	$668K	0.4%	0.00%
40	Northeast Bank	5	$489K	0.3%	0.00%
41	Truist Bank	2	$485K	0.3%	57.47%
42	PNC Bank, National Association	1	$479K	0.3%	0.00%
43	Wells Fargo Bank National Association	6	$456K	0.2%	1.09%
44	BayFirst National Bank	3	$450K	0.2%	0.00%
45	Southern Bancorp Bank	2	$441K	0.2%	0.00%
46	Brighton Bank	2	$440K	0.2%	0.00%
47	America First Federal Credit Union	1	$380K	0.2%	0.00%
48	Readycap Lending, LLC	5	$376K	0.2%	34.29%
49	Gulf Coast Bank and Trust Company	1	$345K	0.2%	0.00%
50	Midland States Bank	1	$320K	0.2%	0.00%
51	The Bancorp Bank National Association	1	$310K	0.2%	0.00%
52	Third Coast Bank	1	$305K	0.2%	0.00%
53	Bank3	1	$300K	0.2%	0.00%
54	Lendistry SBLC, LLC	1	$300K	0.2%	0.00%
55	Wilmington Savings Fund Society FSB	1	$290K	0.2%	0.00%
56	Mechanics and Farmers Bank	1	$277K	0.2%	0.00%
57	VelocitySBA, LLC	24	$243K	0.1%	45.20%
58	First Security Bank	2	$174K	0.1%	32.24%
59	Heritage Bank Inc	1	$150K	0.1%	0.00%
60	Commercial Bank and Trust Company	1	$149K	0.1%	0.00%
61	First Commonwealth Bank	1	$147K	0.1%	0.00%
62	Independence Bank	1	$125K	0.1%	77.16%
63	Columbia Bank	3	$120K	0.1%	54.58%
64	Optus Bank	1	$100K	0.1%	0.00%
65	Bank of Hope	2	$50K	0.0%	0.00%
66	Newtek Small Business Finance, Inc.	1	$20K	0.0%	88.38%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Accommodation & food services	58	$63.5M	34.4%
2	Retail trade	50	$30.4M	16.5%
3	Other services	39	$15.7M	8.5%
4	Health care & social assistance	20	$13.3M	7.2%
5	Manufacturing	8	$9.8M	5.3%
6	Transportation & warehousing	19	$8.7M	4.7%
7	Professional & technical services	12	$7.0M	3.8%
8	Manufacturing	10	$6.5M	3.5%
9	Retail trade	5	$6.1M	3.3%
10	Real estate & leasing	10	$5.4M	2.9%
11	Arts, entertainment & recreation	12	$5.1M	2.8%
12	Administrative & waste services	14	$4.0M	2.2%
13	Transportation & warehousing	7	$3.4M	1.8%
14	Finance & insurance	12	$3.3M	1.8%
15	Construction	14	$1.6M	0.8%
16	Manufacturing	1	$380K	0.2%
17	Wholesale trade	2	$246K	0.1%
18	Agriculture, forestry & fishing	1	$183K	0.1%
19	Educational services	3	$53K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.