Planters Bank and Trust approved 41 SBA loans worth $7.8M between October 2021 and June 2026, ranking #620 of 2,283 SBA lenders nationally by loan count. Its median loan was $50,000, and 39% went to startups or businesses under two years old. It lent in 4 states, most often in Louisiana, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Louisiana | 28 | $2.1M | $50,000 | #18 |
| Mississippi | 7 | $3.3M | $466,800 | #34 |
| Texas | 4 | $1.2M | $197,850 | #277 |
| Tennessee | 2 | $1.1M | $554,500 | #136 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 14 | $50,000 | |
| Administrative and support services | 5 | $50,000 | |
| Professional and technical services | 5 | $50,000 | |
| Wholesale trade | 4 | $50,000 | |
| Arts, entertainment and recreation | 3 | $150,000 | |
| Manufacturing | 3 | $490,000 | |
| Restaurants and hotels | 3 | $50,000 | |
| Health care and social assistance | 2 | $654,500 | |
| Management of companies | 1 | $245,700 | |
| Real estate and rental | 1 | $50,000 |