SBA 7(a) lenders in Panola, MS
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
16 institutions have SBA 7(a) loans on record in Panola, together $23.0M across 26 loans. Guaranty Bank and Trust Company is the largest, with 24% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Guaranty Bank and Trust Company | 3 | $5.6M | 24.3% | 0.00% |
| 2 | Peoples Bank | 1 | $4.8M | 20.8% | 0.00% |
| 3 | Community Bank of Mississippi | 1 | $3.0M | 13.2% | 0.00% |
| 4 | Columbia Bank | 6 | $2.9M | 12.5% | 2.55% |
| 5 | Five Star Bank | 1 | $2.0M | 8.5% | 0.00% |
| 6 | First Financial Bank | 3 | $1.7M | 7.2% | 0.00% |
| 7 | Banc of California | 1 | $1.2M | 5.4% | 0.00% |
| 8 | The Huntington National Bank | 2 | $795K | 3.5% | 0.00% |
| 9 | The Citizens National Bank of Meridian | 1 | $447K | 1.9% | 0.00% |
| 10 | BankFirst Financial Services | 1 | $250K | 1.1% | 0.00% |
| 11 | United Midwest Savings Bank National Association | 1 | $150K | 0.7% | 0.00% |
| 12 | Lendistry SBLC, LLC | 1 | $103K | 0.4% | 0.00% |
| 13 | BayFirst National Bank | 1 | $88K | 0.4% | 0.00% |
| 14 | Bank of Hope | 1 | $15K | 0.1% | 0.00% |
| 15 | Wells Fargo Bank National Association | 1 | $5K | 0.0% | 0.00% |
| 16 | VelocitySBA, LLC | 1 | $5K | 0.0% | 52.89% |
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 | Wholesale trade | 5 | $10.9M | 47.6% |
| 2 | Accommodation & food services | 1 | $4.8M | 20.8% |
| 3 | Real estate & leasing | 1 | $2.0M | 8.5% |
| 4 | Retail trade | 4 | $1.7M | 7.2% |
| 5 | Health care & social assistance | 2 | $1.2M | 5.4% |
| 6 | Construction | 3 | $617K | 2.7% |
| 7 | Professional & technical services | 3 | $526K | 2.3% |
| 8 | Retail trade | 2 | $440K | 1.9% |
| 9 | Manufacturing | 1 | $309K | 1.3% |
| 10 | Other services | 1 | $250K | 1.1% |
| 11 | Transportation & warehousing | 1 | $180K | 0.8% |
| 12 | Transportation & warehousing | 2 | $75K | 0.3% |
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.