First State Bank approved 12 SBA loans worth $7.5M between October 2021 and June 2026, ranking #1085 of 2,283 SBA lenders nationally by loan count. Its median loan was $344,800, and 17% went to startups or businesses under two years old. It lent in 2 states, most often in Mississippi, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Mississippi | 11 | $7.3M | $412,600 | #29 |
| Alabama | 1 | $135K | $135,000 | #132 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 3 | $1,215,000 | |
| Other services (repair, personal care) | 2 | $257,750 | |
| Retail | 2 | $850,000 | |
| Agriculture, forestry and fishing | 1 | $765,000 | |
| Manufacturing | 1 | $135,000 | |
| Information and media | 1 | $223,600 | |
| Finance and insurance | 1 | $412,600 | |
| Transportation and warehousing | 1 | $148,600 |