57 SBA loans worth $22.3M went to businesses in Collins, MS between October 2021 and June 2026, from 10 lenders. Peoples Bank made the most, 23 loans. The median loan was $101,000, compared with $208,950 across Mississippi, and agriculture, forestry and fishing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Peoples Bank Bank · Mendenhall, MS | 23 | $3.6M | $72,000 | 35% |
| 2 | Covington County Bank Bank · Collins, MS | 21 | $2.6M | $35,900 | 33% |
| 3 | Southern Bancorp Bank Bank · Arkadelphia, AR | 3 | $6.2M | $1,780,000 | 100% |
| 4 | BankPlus Bank · Belzoni, MS | 2 | $2.4M | $1,220,750 | 0% |
| 5 | Renasant Bank Bank · Tupelo, MS | 2 | $2.2M | $1,110,000 | 100% |
| 6 | PriorityOne Bank Bank · Magee, MS | 2 | $100K | $50,000 | 0% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 1 | $3.5M | $3,479,000 | 100% |
| 8 | BankFirst Financial Services Bank · Columbus, MS | 1 | $990K | $990,000 | 0% |
| 9 | Community Bank of Mississippi Bank · Flowood, MS | 1 | $615K | $615,000 | 100% |
| 10 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $20K | $20,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Agriculture, forestry and fishing | 20 | $396,500 | Covington County Bank | |
| Retail | 14 | $50,000 | Covington County Bank | |
| Transportation and warehousing | 7 | $32,000 | Peoples Bank | |
| Other services (repair, personal care) | 4 | $35,350 | Peoples Bank | |
| Construction | 3 | $33,000 | Peoples Bank | |
| Manufacturing | 3 | $121,100 | Peoples Bank | |
| Administrative and support services | 2 | $177,650 | Peoples Bank | |
| Health care and social assistance | 2 | $108,500 | Covington County Bank |