SBA Loans for Logging in Mississippi: Top Lenders

NAICS 113

NAICS 113 covers logging businesses in Mississippi. Based on historical SBA 7(a) lending data.

Total Approvals

in Mississippi

Median Loan Size

$72,350

per approval

Recent Activity

last 90 days through Nov 2023

NAICS 113 covers logging businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $72,350.

Logging in Mississippi lending is concentrated — Peoples Bank, Trustmark Bank, Northeast Bank together account for 83% of all approvals. If you're in this industry, these are your highest-probability lenders.
Peoples Bank leads this industry with 3 approvals (50% market share) and a median loan of $43,000.
Logging in Mississippi loans skew smaller than the SBA average at $72,350 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
SBA data for this industry goes through 2023-11-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Logging in Mississippi

#	Lender	Approvals	Median Size	Recent
1	Peoples Bank	3	$43,000	—
2	Trustmark Bank	1	$171,300	—
3	Northeast Bank	1	$25,000	—
4	Cadence Bank	1	$460,000	—

Month	Lender	Borrower	Location	Amount
2023-11	Cadence Bank	Bil*****LLC	STEWART, MS	$460,000
2023-08	Peoples Bank	Har*****LLC	Mount Olive, MS	$101,700
2023-01	Trustmark Bank	Cha*****LLC	PHILADELPHIA, MS	$171,300
2022-08	Northeast Bank	Ale*****nks	STATE LINE, MS	$25,000
2022-08	Peoples Bank	Oka*****LLC	Seminary, MS	$36,100
2022-02	Peoples Bank	Jam*****LLC	Bay Springs, MS	$52,600
2021-04	Peoples Bank	Mic*****ler	Mize, MS	$43,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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