# Small business loans in Jackson, MS

**Short answer:** The most active SBA lenders in Jackson, MS since FY2024 are Community Bank of Mississippi (6 loans) and Peoples Bank (6). The median loan was $348,200, and half fell between $131,300 and $810,300. For free help, see the Mississippi Small Business Development Center Network. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/mississippi-small-business-loans/jackson/
Data as of: 2026-06-30

## Lenders making SBA loans in Jackson

No lender made more than 16% of the loans in Jackson, and Community Bank of Mississippi made the most.

**Lenders with five or more SBA loans in Jackson, MS, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [Community Bank of Mississippi](https://www.sbaexpress.loans/sba-express-lenders/community-bank-of-mississippi/) | 6 | 15.8% |
| [Peoples Bank](https://www.sbaexpress.loans/sba-express-lenders/peoples-bank/mississippi/) | 6 | 15.8% |

Share is the percent of all Jackson loans in that period. Each name links to that lender's page for Mississippi where one exists.

Jackson has two lenders with five or more loans since FY2024. Others had fewer, and the Mississippi page counts 73 lenders with at least one approved loan statewide.

## Local help near Jackson

Jackson borrowers can start with SBA's district office for Mississippi, an SBDC or SCORE.

39% of Jackson borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.

SBA has one district office for Mississippi. Its page points to state and federal resources and to lenders in the area. The Mississippi Small Business Development Center Network gives free counseling across Mississippi.

- [SBA Mississippi District Office (Jackson, with a virtual Gulfport office): SBA district office](https://www.sba.gov/district/mississippi)
- [Mississippi Small Business Development Center Network: Small Business Development Center](https://www.mississippisbdc.org/)
- [SCORE mentors in Mississippi: Business mentoring](https://www.score.org/al/alabama-mississippi/)

## Loan counts and sizes in Jackson

Jackson is the only Mississippi city with 100 or more SBA loans since FY2020. Nationally it is the 572nd busiest of the 580 cities that reach 100 loans.

The 38 loans, 4.9% of the 783 in Mississippi, were approved for $27.6 million in all. The median loan was $348,200, 2.3 times the national median of $150,300. Half of the loans fell between $131,300 and $810,300. The Jackson median is 42% above the Mississippi median of $245,000.

**Jackson, MS compared with Mississippi and the nation, loans from FY2024 to June 2026**

| Measure | Jackson | Mississippi | U.S. |
| --- | --- | --- | --- |
| Loans | 38 | 783 | 162,355 |
| Median loan | $348,200 | $245,000 | $150,300 |
| 25th percentile | $131,300 | $77,100 | $50,000 |
| 75th percentile | $810,300 | $728,750 | $500,000 |
| Via SBA Express | Fewer than 5 | 12.0% | 35.8% |
| Lines of credit | Fewer than 5 | 7.7% | 28.1% |
| Startups | 26.3% | 26.2% | 16.1% |
| Ownership changes | 15.8% | 13.2% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 1.75 | 2.5 | 2.75 |
| Charged off | Fewer than 5 | 3.2% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

Fewer than 5 of all loans went through SBA Express, below the national 35.8%. Fewer than 5 of the loans were lines of credit, below the national 28.1%.

SBA loans in Jackson, MS by size, FY2024 to June 2026

- $50,000 or less: Fewer than 5
- $50,001 to $150,000 (21%): 8
- $150,001 to $350,000 (21%): 8
- $350,001 to $500,000 (13%): 5
- $500,001 to $1,000,000 (13%): 5
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000 (13%): 5

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

By business age, 44.7% of loans went to businesses more than two years old and 13.2% to businesses two years old or younger. Startups received 26.3% and changes of ownership 15.8%. The national startup share is 16.1%.

SBA loans in Jackson, MS by fiscal year

- FY2020: 16
- FY2021: 21
- FY2022: 21
- FY2023: 14
- FY2024: 17
- FY2025: 14
- FY2026 (through June 30): 7

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume fell 18% from FY2024 (17 loans) to FY2025 (14), the two latest full years. The busiest full year in the file was FY2021, with 21 loans. FY2026 already shows 7 loans through June 30.

Of the 58 loans Jackson borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 484 jobs supported across the 38 loans since FY2024, about 12.7 per loan. SBA does not audit these estimates.

## What businesses in Jackson borrow for

Hotels (except Casino Hotels) and Motels was the largest borrower group in Jackson, with 6 loans or 15.8% of the total.

**Industries with the most SBA loans in Jackson, MS, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Hotels (except Casino Hotels) and Motels](https://www.sbaexpress.loans/industries/hotels-motels/mississippi/) | 6 | 15.8% | 1.1% |

Share is the percent of all Jackson loans in that period. Industry is the NAICS code on each loan. A name links to the Mississippi page for that industry where one exists.

## A typical loan payment in Jackson

The median Jackson loan was $348,200 with a median term of 10 years.

The median variable-rate loan in Jackson was priced at Prime plus 1.75 percentage points at approval. At today's Prime that spread works out to 8.75%. On $348,200 over 10 years, principal and interest would come to about $4,364 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Jackson loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $131,300 | $1,646 |
| Median loan | $348,200 | $4,364 |
| 75th percentile loan | $810,300 | $10,155 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $348,200 is Prime plus 4.5 percentage points, or 11.50% today. The median variable-rate loan here was priced 2.8 points under that ceiling. Source: 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Jackson loans approved since FY2024 had a median starting rate of 9.5% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $350,000 loan](https://www.sbaexpress.loans/loan-amounts/350000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Jackson

The 504 file lists fewer than five loans in Jackson since FY2020.

That is too few to publish a count, a dollar total or a median for Jackson.

No Certified Development Company (CDC) is named on five or more 504 loans in Jackson, so the list below is Mississippi's. Three Rivers Local Development Company, Inc. is named on the most there, 24 loans since FY2020.

**CDCs named on five or more 504 loans in Mississippi, FY2020 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Three Rivers Local Development Company, Inc. | 24 |
| Central Mississippi Development Company, Inc. | 13 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Jackson in Mississippi

Jackson made up 4.9% of Mississippi's SBA loans since FY2024.

Jackson is the only Mississippi city with 100 or more SBA loans since FY2020. The [Mississippi page](https://www.sbaexpress.loans/mississippi-small-business-loans/) covers all 783 loans in Mississippi.

## Common questions about SBA loans in Jackson

### Which lenders make the most SBA loans in Jackson?

Community Bank of Mississippi leads with 6 loans in Jackson since FY2024. Peoples Bank (6) follows. Only lenders with five or more Jackson loans are counted.

### Which industries get SBA loans in Jackson?

Hotels (except Casino Hotels) and Motels leads with 6 loans in Jackson since FY2024.

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. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [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)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Mississippi District Office (Jackson, with a virtual Gulfport office)](https://www.sba.gov/district/mississippi)
- [Mississippi Small Business Development Center Network](https://www.mississippisbdc.org/)
- [SCORE, Mississippi](https://www.score.org/al/alabama-mississippi/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)