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SBA lenders in Southaven, MS

SBA 7(a) and 504 loans to businesses in Southaven (DeSoto County), October 2021 to June 30, 2026 · Updated October 15, 2026
30
SBA loans approved
$23.9M
Total approved
$292,750
Median loan
18
Lenders active
37%
To startups

30 SBA loans worth $23.9M went to businesses in Southaven, MS between October 2021 and June 2026, from 18 lenders. Huntington National Bank made the most, 3 loans. The median loan was $292,750, compared with $208,950 across Mississippi, and health care and social assistance was the most financed industry.

Most active SBA lenders in Southaven

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
3$1.4M$495,00033%
2Community Bank of Mississippi
Bank · Flowood, MS
3$850K$100,00067%
3First Bank of the Lake
Bank · Osage Beach, MO
3$415K$150,00067%
4Northeast Bank
Bank · Portland, ME
3$392K$25,0000%
5Live Oak Banking
Bank · Wilmington, NC
2$6.0M$2,987,50050%
6Renasant Bank
Bank · Tupelo, MS
2$4.7M$2,362,80050%
7Byline Bank
Bank · Chicago, IL
2$895K$447,5000%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$129K$64,50050%
9Millennium Bank
Bank · Des Plaines, IL
1$5.0M$5,000,000100%
10Brightbridge
Certified development company · Chattanooga, TN
1$1.4M$1,433,0000%
11Newtek Bank
Bank · Miami, FL
1$900K$900,0000%
12Pinnacle Bank
Bank · Nashville, TN
1$665K$665,0000%
13Bank of America
Bank · Charlotte, NC
1$350K$350,0000%
14Citizens Bank
Bank · Elizabethton, TN
1$333K$333,200100%
15Heritage Bank
Bank · Burlington, KY
1$150K$150,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Southaven. For 504 loans the lender shown is the certified development company.

What gets financed in Southaven

IndustryLoansShareMedian loanMost active lender
Health care and social assistance6
20%
$304,950Community Bank of Mississippi
Other services (repair, personal care)5
17%
$270,000Live Oak Banking
Retail4
13%
$482,000Huntington National Bank
Transportation and warehousing4
13%
$137,950Huntington National Bank
Administrative and support services3
10%
$150,000First Bank of the Lake
Finance and insurance3
10%
$100,000Byline Bank
Restaurants and hotels3
10%
$1,433,000Millennium Bank
Professional and technical services2
7%
$2,012,500Live Oak Banking
Loan size mix
  • Under $150,00037%
  • $150,000 to $500,00030%
  • $500,000 to $2 million23%
  • $2 million and up10%
Compared with Mississippi
Median loan, Southaven
$292,750
Median loan, Mississippi
$208,950
Startup share, Southaven
37%
Startup share, Mississippi
42%
Share of state's SBA loans
1.9%

SBA loans per fiscal year in Southaven

03710FY14: 4 loansFY14FY15: 4 loansFY15FY16: 9 loansFY169FY17: 7 loansFY17FY18: 8 loansFY18FY19: 8 loansFY19FY20: 3 loansFY20FY21: 5 loansFY21FY22: 7 loansFY22FY23: 7 loansFY23FY24: 4 loansFY24FY25: 8 loansFY25FY26 (Oct to Jun): 4 loansFY264
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.