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SBA Loans in Hernando, MS
7(a) and 504 loans approved, fiscal years 2022 to 2025
- Loans approved
- 17
- Amount approved
- $11.5M
- Jobs supported
- 252
- As reported by borrowers
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2025 | 7 | $9M | $1,284,814 | 5 | 2 |
| FY2024 | 5 | $1.7M | $336,860 | 5 | 0 |
| FY2023 | 3 | $483K | $161,000 | 3 | 0 |
| FY2022 | 2 | $300K | $149,950 | 2 | 0 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 2 | $5.8M |
| Pet Care (except Veterinary) Services | 1 | $2.7M |
| Insurance Agencies and Brokerages | 1 | $718K |
| Limited-Service Restaurants | 3 | $530K |
| General Freight Trucking, Local | 2 | $450K |
| Temporary Help Services | 1 | $300K |
| Landscaping Services | 2 | $212K |
| Soil Preparation, Planting, and Cultivating | 1 | $183K |
| Appliance Repair and Maintenance | 1 | $150K |
| Painting and Wall Covering Contractors | 1 | $150K |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| Three Rivers Local Development Company, Inc. | 2 | $5.8M |
| Live Oak Banking Company | 1 | $2.7M |
| Regions Bank | 1 | $718K |
| BankFirst Financial Services | 3 | $530K |
| United Midwest Savings Bank National Association | 3 | $450K |
| Trustmark Bank | 1 | $300K |
| Lendistry SBLC, LLC | 1 | $300K |
| Community Bank of Mississippi | 2 | $243K |
| First Bank of the Lake | 1 | $152K |
| BayFirst National Bank | 1 | $150K |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026
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