30 SBA loans worth $24.5M went to businesses in Laurel, MS between October 2021 and June 2026, from 16 lenders. Trustmark Bank made the most, 5 loans. The median loan was $383,500, compared with $208,950 across Mississippi, and agriculture, forestry and fishing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Trustmark Bank Bank · Jackson, MS | 5 | $1.1M | $72,000 | 60% |
| 2 | Community Bank of Mississippi Bank · Flowood, MS | 4 | $1.1M | $258,500 | 75% |
| 3 | Peoples Bank Bank · Mendenhall, MS | 3 | $1.1M | $443,000 | 33% |
| 4 | First Financial Bank Bank · El Dorado, AR | 3 | $759K | $75,000 | 0% |
| 5 | Central Mississippi Development Company Certified development company · Jackson, MS | 2 | $6.6M | $3,296,500 | 50% |
| 6 | Newtek Bank Bank · Miami, FL | 2 | $700K | $350,000 | 0% |
| 7 | Covington County Bank Bank · Collins, MS | 2 | $164K | $82,000 | 50% |
| 8 | Southern Bancorp Bank Bank · Arkadelphia, AR | 1 | $3.3M | $3,309,500 | 100% |
| 9 | Stone Bank Bank · Mountain View, AR | 1 | $2.0M | $2,045,000 | 100% |
| 10 | Huntington National Bank Bank · Columbus, OH | 1 | $2.0M | $2,000,000 | 0% |
| 11 | Hancock Whitney Bank Bank · Gulfport, MS | 1 | $1.7M | $1,735,000 | 0% |
| 12 | Live Oak Banking Bank · Wilmington, NC | 1 | $1.2M | $1,190,000 | 0% |
| 13 | Three Rivers Local Development Company Certified development company · Pontotoc, MS | 1 | $1.2M | $1,156,000 | 0% |
| 14 | UniBank Bank · Lynnwood, WA | 1 | $1.2M | $1,155,000 | 100% |
| 15 | First State Bank Bank · Waynesboro, MS | 1 | $238K | $238,500 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Agriculture, forestry and fishing | 6 | $356,150 | First Financial Bank | |
| Restaurants and hotels | 5 | $417,000 | Community Bank of Mississippi | |
| Retail | 4 | $500,100 | Covington County Bank | |
| Other services (repair, personal care) | 4 | $294,250 | Trustmark Bank | |
| Transportation and warehousing | 3 | $52,500 | Trustmark Bank | |
| Health care and social assistance | 2 | $283,500 | Trustmark Bank | |
| Real estate and rental | 2 | $670,000 | Live Oak Banking | |
| Mining and oil and gas | 2 | $1,577,500 | Huntington National Bank |