SBA 7(a) lenders in Marion, MS
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
18 institutions have SBA 7(a) loans on record in Marion, together $27.3M across 78 loans. BankPlus is the largest, with 19% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | BankPlus | 10 | $5.1M | 18.8% | 0.00% |
| 2 | Community Bank of Mississippi | 9 | $4.0M | 14.6% | 14.61% |
| 3 | Trustmark Bank | 23 | $3.7M | 13.5% | 0.00% |
| 4 | Hancock Whitney Bank | 5 | $2.5M | 9.1% | 0.00% |
| 5 | Gulf Coast Bank and Trust Company | 1 | $2.3M | 8.2% | 0.00% |
| 6 | First Financial Bank | 6 | $2.2M | 8.2% | 0.00% |
| 7 | Georgia Banking Company | 1 | $1.6M | 6.0% | 0.00% |
| 8 | Live Oak Banking Company | 2 | $1.6M | 5.8% | 0.00% |
| 9 | Southern AgCredit, FLCA | 1 | $900K | 3.3% | 0.00% |
| 10 | Citizens Bank | 4 | $875K | 3.2% | 0.00% |
| 11 | Peoples Bank | 4 | $796K | 2.9% | 0.00% |
| 12 | First State Bank | 1 | $765K | 2.8% | 0.00% |
| 13 | Readycap Lending, LLC | 1 | $350K | 1.3% | 0.00% |
| 14 | Renasant Bank | 3 | $225K | 0.8% | 21.11% |
| 15 | Covington County Bank | 4 | $220K | 0.8% | 0.00% |
| 16 | Regions Bank | 1 | $100K | 0.4% | 0.00% |
| 17 | Federal Deposit Insurance Corporation | 1 | $35K | 0.1% | 0.00% |
| 18 | Wells Fargo Bank National Association | 1 | $5K | 0.0% | 0.00% |
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 | Agriculture, forestry & fishing | 28 | $13.2M | 48.3% |
| 2 | Real estate & leasing | 3 | $3.2M | 11.6% |
| 3 | Accommodation & food services | 8 | $2.7M | 9.9% |
| 4 | Retail trade | 15 | $2.5M | 9.0% |
| 5 | Manufacturing | 3 | $2.3M | 8.2% |
| 6 | Retail trade | 1 | $1.6M | 5.9% |
| 7 | Transportation & warehousing | 4 | $658K | 2.4% |
| 8 | Wholesale trade | 2 | $271K | 1.0% |
| 9 | Health care & social assistance | 3 | $231K | 0.8% |
| 10 | Manufacturing | 3 | $225K | 0.8% |
| 11 | Manufacturing | 1 | $150K | 0.5% |
| 12 | Other services | 2 | $143K | 0.5% |
| 13 | Arts, entertainment & recreation | 2 | $116K | 0.4% |
| 14 | Professional & technical services | 2 | $104K | 0.4% |
| 15 | Construction | 1 | $30K | 0.1% |
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.