SBA 7(a) lenders in Washington, MS
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
24 institutions have SBA 7(a) loans on record in Washington, together $27.5M across 58 loans. Customers Bank is the largest, with 27% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Customers Bank | 3 | $7.4M | 26.9% | 0.00% |
| 2 | BizCapital BIDCO I, LLC | 2 | $4.3M | 15.8% | 28.21% |
| 3 | Planters Bank and Trust Company | 9 | $4.2M | 15.2% | 0.00% |
| 4 | Guaranty Bank and Trust Company | 8 | $3.8M | 14.0% | 3.96% |
| 5 | Southern Bancorp Bank | 3 | $2.3M | 8.3% | 0.00% |
| 6 | The Huntington National Bank | 2 | $917K | 3.3% | 0.00% |
| 7 | Gulf Coast Bank and Trust Company | 1 | $613K | 2.2% | 0.00% |
| 8 | Newtek Bank, National Association | 2 | $540K | 2.0% | 0.00% |
| 9 | The Citizens Bank of Philadelphia | 1 | $518K | 1.9% | 0.00% |
| 10 | BayFirst National Bank | 3 | $435K | 1.6% | 0.00% |
| 11 | Unity Bank | 1 | $340K | 1.2% | 0.00% |
| 12 | BankPlus | 1 | $328K | 1.2% | 0.00% |
| 13 | Regions Bank | 2 | $323K | 1.2% | 0.00% |
| 14 | Columbia Bank | 8 | $300K | 1.1% | 7.36% |
| 15 | Readycap Lending, LLC | 1 | $200K | 0.7% | 0.00% |
| 16 | Northeast Bank | 1 | $200K | 0.7% | 0.00% |
| 17 | FM Bank and Trust | 1 | $188K | 0.7% | 0.00% |
| 18 | Bank Five Nine | 1 | $175K | 0.6% | 0.00% |
| 19 | United Midwest Savings Bank National Association | 2 | $140K | 0.5% | 0.00% |
| 20 | Community Bank of Mississippi | 1 | $72K | 0.3% | 0.00% |
| 21 | Celtic Bank Corporation | 2 | $60K | 0.2% | 31.73% |
| 22 | Business Loan Center, LLC | 1 | $50K | 0.2% | 0.00% |
| 23 | U.S. Bank, National Association | 1 | $25K | 0.1% | 0.00% |
| 24 | VelocitySBA, LLC | 1 | $13K | 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 | Accommodation & food services | 9 | $9.8M | 35.7% |
| 2 | Other services | 7 | $5.7M | 20.8% |
| 3 | Health care & social assistance | 7 | $3.1M | 11.2% |
| 4 | Retail trade | 7 | $2.8M | 10.3% |
| 5 | Manufacturing | 2 | $1.2M | 4.3% |
| 6 | Administrative & waste services | 5 | $980K | 3.6% |
| 7 | Professional & technical services | 2 | $967K | 3.5% |
| 8 | Arts, entertainment & recreation | 3 | $693K | 2.5% |
| 9 | Manufacturing | 3 | $615K | 2.2% |
| 10 | Construction | 3 | $435K | 1.6% |
| 11 | Agriculture, forestry & fishing | 2 | $323K | 1.2% |
| 12 | Real estate & leasing | 4 | $285K | 1.0% |
| 13 | Retail trade | 2 | $250K | 0.9% |
| 14 | Transportation & warehousing | 1 | $240K | 0.9% |
| 15 | Educational services | 1 | $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.