SBA Loans for Electrical Contractors in Mississippi: Top Lenders
NAICS 238NAICS 238 covers flooring contractors businesses in Mississippi. Based on historical SBA 7(a) lending data.
Total Approvals
16
in Mississippi
Median Loan Size
$137,000
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 238 covers flooring contractors businesses. This is a smaller category in SBA 7(a) lending with 16 approvals on record and a median loan size of $137,000.
Key trends & insights
- Electrical Contractors in Mississippi lending is concentrated — Peoples Bank, Readycap Lending, LLC, United Midwest Savings Bank, National Association together account for 63% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Peoples Bank leads this industry with 5 approvals (31% market share) and a median loan of $55,700.
- Electrical Contractors in Mississippi loans skew smaller than the SBA average at $137,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Mississippi
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 5 | $55,700 | |
| 2 | 3 | $50,000 | |
| 3 | 2 | $150,000 | |
| 4 | 2 | $57,000 | |
| 5 | 2 | $145,000 | |
| 6 | 1 | $150,000 | |
| 7 | 1 | $282,200 |
Recent SBA 7(a) approvals for Electrical Contractors in Mississippi
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Trustmark Bank | E&T*****LLC | OKOLONA, MS | $88,500 |
| 2025-06 | Community Bank of Mississippi | Aff*****LLC | BRANDON, MS | $68,000 |
| 2025-06 | Community Bank of Mississippi | Aff*****LLP | BRANDON, MS | $68,000 |
| 2025-05 | Lendistry SBLC, LLC | EME*****BER | OXFORD, MS | $150,000 |
| 2025-04 | Peoples Bank | SAN*****LLC | SEMINARY, MS | $452,500 |
| 2025-04 | Peoples Bank | BOY*****LLC | MIZE, MS | $83,200 |
| 2025-04 | Northeast Bank | Sou*****LLC | Hattiesburg, MS | $50,000 |
| 2025-02 | Renasant Bank | Mod*****LLC | BAY SAINT LOUIS, MS | $395,000 |
| 2025-02 | United Midwest Savings Bank National Association | TJC*****SON | NEWTON, MS | $255,000 |
| 2025-02 | Peoples Bank | SUP*****LLC | LAUREL, MS | $443,000 |
| 2025-01 | Peoples Bank | Shi*****LLC | JACKSON, MS | $250,000 |
| 2024-11 | Readycap Lending, LLC | EME*****BER | Oxford, MS | $50,000 |
| 2024-11 | Readycap Lending, LLC | Eme*****ber | Oxford, MS | $50,000 |
| 2024-11 | Readycap Lending, LLC | Unl*****LLC | Jackson, MS | $180,000 |
| 2024-10 | Northeast Bank | B. *****LLC | Richland, MS | $468,600 |
| 2024-08 | Peoples Bank | Bae*****LLC | MENDENHALL, MS | $41,000 |
| 2024-08 | Peoples Bank | BRA*****LLC | MIZE, MS | $60,000 |
| 2024-08 | Northeast Bank | T. *****NC. | LUMBERTON, MS | $50,000 |
| 2024-07 | Trustmark Bank | Mag*****LLC | HAZLEHURST, MS | $61,700 |
| 2024-07 | Peoples Bank | Dec*****LLC | JACKSON, MS | $50,000 |
| 2024-07 | BayFirst National Bank | Hol*****LLC | TUPELO, MS | $81,000 |
| 2024-07 | Readycap Lending, LLC | Mr.*****ort | GULFPORT, MS | $50,000 |
| 2024-06 | Peoples Bank | Bae*****LLC | MENDENHALL, MS | $42,600 |
| 2024-03 | Peoples Bank | Roc*****ete | MAGEE, MS | $92,500 |
| 2024-03 | Readycap Lending, LLC | Sid*****LLC | OXFORD, MS | $50,000 |
| 2024-02 | Newtek Bank, National Association | MH***LLC | West, MS | $150,000 |
| 2024-01 | BayFirst National Bank | HUG*****LLC | LELAND, MS | $140,000 |
| 2024-01 | Peoples Bank | Bae*****LLC | MENDENHALL, MS | $37,900 |
| 2023-11 | Peoples Bank | Tom*****vis | COLLINS, MS | $134,000 |
| 2023-11 | Peoples Bank | Ric*****man | Paulding, MS | $55,700 |
| 2023-10 | BankFirst Financial Services | Ins*****LLC | OXFORD, MS | $496,200 |
| 2023-09 | Wells Fargo Bank National Association | TWF*****ING | COLUMBUS, MS | $20,000 |
| 2023-06 | Peoples Bank | Bae*****LLC | Mendenhall, MS | $120,900 |
| 2023-06 | Wells Fargo Bank National Association | MID*****.C. | BRANDON, MS | $15,000 |
| 2023-06 | Peoples Bank | Bae*****LLC | Mendenhall, MS | $77,000 |
| 2023-05 | United Midwest Savings Bank National Association | PRI*****LLC | BYHALIA, MS | $150,000 |
| 2023-03 | Peoples Bank | Ric*****man | Paulding, MS | $187,100 |
| 2023-02 | BayFirst National Bank | Hug*****LLC | LELAND, MS | $150,000 |
| 2022-12 | Peoples Bank | Bae*****LLC | Mendenhall, MS | $69,100 |
| 2022-09 | Peoples Bank | Aku*****LLC | Magee, MS | $25,000 |
| 2022-06 | The Huntington National Bank | Yo**LLC | Olive Branch, MS | $348,000 |
| 2022-06 | The Huntington National Bank | Yo**LLC | Olive Branch, MS | $50,000 |
| 2022-03 | Peoples Bank | Gre*****LLC | CRYSTAL SPRINGS, MS | $10,000 |
| 2022-03 | Peoples Bank | Bae*****LLC | Mendenhall, MS | $46,500 |
| 2022-03 | Peoples Bank | Shi*****LLC | Jackson, MS | $300,000 |
| 2022-03 | Peoples Bank | Gre*****LLC | CRYSTAL SPRINGS, MS | $91,800 |
| 2022-02 | Covington County Bank | S &*****ION | ELLISVILLE, MS | $20,500 |
| 2021-12 | Peoples Bank | Sha*****LLC | MENDENHALL, MS | $88,500 |
| 2021-12 | BankFirst Financial Services | Sou*****LLC | STARKVILLE, MS | $1,119,200 |
| 2021-11 | BankFirst Financial Services | HMC*****LLC | NEWTON, MS | $312,300 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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