# SBA loans to local trucking companies in Mississippi **Short answer:** SBA's loan file shows 71 loans to local trucking companies in Mississippi since October 2019. Peoples Bank (Mendenhall, MS) made 73.2% of them, well above its share nationally and across all loans in Mississippi. Fewer than 5 of them were lines of credit, against 30.5% nationally. Canonical page: https://www.sbaexpress.loans/industries/general-freight-trucking-local/mississippi/ Data as of: 2026-06-30 These are the 71 SBA 7(a) loans to [local trucking companies](https://www.sbaexpress.loans/industries/general-freight-trucking-local/) in [Mississippi](https://www.sbaexpress.loans/mississippi-small-business-loans/) approved October 2019 to June 2026. Each figure is set against the national figure for the same industry and period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what lenders have done and not what any lender will do for you. Every state page for this industry uses this same period, so the pages can be compared with each other. ## How Mississippi differs from the U.S. **What this means for you.** One lender made a large share of these loans in Mississippi, so compare more than one lender before you apply. ### Lender concentration [Peoples Bank (Mendenhall, MS)](https://www.sbaexpress.loans/sba-express-lenders/peoples-bank/) made 73.2% of these loans (52 of 71). It is not among the five lenders with the most loans to local trucking companies nationally. It made 17.9% of all SBA loans in Mississippi. ### Lines of credit Fewer than 5 of the 71 loans in Mississippi were lines of credit, against 30.5% nationally. Lines of credit, share of loans, Oct 2019 to Jun 2026 - Mississippi: fewer than 5 - United States: 30.5% ### SBA Express 28.2% of the loans in Mississippi went through SBA Express, against 57.9% nationally. SBA Express, share of loans, Oct 2019 to Jun 2026 - Mississippi: 28.2% - United States: 57.9% We compared 7 measures with the national figure for the same period, and these are the 3 that differ clearly. One more difference is in the table. ## Mississippi next to the U.S. **Mississippi compared with all loans to local trucking companies in the U.S., October 2019 to June 2026** | Measure | Mississippi | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 3.6% | 1.5% | Clearly higher | | Median loan | $131,200 | $64,600 | No clear gap | | Middle half of loans | $49,850 to $181,300 | $26,000 to $200,000 | – | | Startups (the loan opens the business) | Fewer than 5 | 8.1% | n/a | | In business 2 years or less | 21.1% | 24.1% | No clear gap | | In business more than 2 years | 73.2% | 61.3% | No clear gap | | Change of ownership | Fewer than 5 | 5.0% | n/a | | SBA Express | 28.2% | 57.9% | Clearly lower | | Lines of credit | Fewer than 5 | 30.5% | Clearly lower | | Median term | 7 years | 10 years | – | | Median spread over Prime at approval | 2.25 points over Prime | 2.75 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## Who lends in Mississippi The lender below made 52 of the 71 loans approved October 2019 to June 2026, or 73.2%. A lender is listed when it has 5 or more of them, five at most. **Top lenders in Mississippi** | Lender | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [Peoples Bank (Mendenhall, MS)](https://www.sbaexpress.loans/sba-express-lenders/peoples-bank/) | 52 | 73.2% | Not in top 5 | Share here is the lender's share of the loans in this state. U.S. share is its share of all loans to this industry nationally. Not in top 5 means it is not one of the five lenders with the most loans to the industry. ## Local trucking companies in other states Other states where these loans differ clearly from the national pattern, most loans first. **Local trucking companies by state** | State | Loans since October 2019 | | --- | --- | | [California](https://www.sbaexpress.loans/industries/general-freight-trucking-local/california/) | 616 | | [Ohio](https://www.sbaexpress.loans/industries/general-freight-trucking-local/ohio/) | 570 | | [Michigan](https://www.sbaexpress.loans/industries/general-freight-trucking-local/michigan/) | 385 | | [Illinois](https://www.sbaexpress.loans/industries/general-freight-trucking-local/illinois/) | 298 | | [Texas](https://www.sbaexpress.loans/industries/general-freight-trucking-local/texas/) | 272 | | [New Jersey](https://www.sbaexpress.loans/industries/general-freight-trucking-local/new-jersey/) | 257 | | [Pennsylvania](https://www.sbaexpress.loans/industries/general-freight-trucking-local/pennsylvania/) | 220 | | [New York](https://www.sbaexpress.loans/industries/general-freight-trucking-local/new-york/) | 212 | ## More industries in Mississippi Other industries in Mississippi with a clear difference from the national pattern, most loans first. **Other industries in Mississippi** | Industry | Loans since October 2019 | | --- | --- | | [Broiler chicken growers](https://www.sbaexpress.loans/industries/broilers-other-meat-type-chicken-production/mississippi/) | 156 | | [Sit-down restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/mississippi/) | 90 | | [Hotels and motels](https://www.sbaexpress.loans/industries/hotels-motels/mississippi/) | 88 | | [Long-haul truckload carriers](https://www.sbaexpress.loans/industries/general-freight-trucking-long-distance-truckload/mississippi/) | 59 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Industry is the NAICS code recorded on each loan. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)