SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Mississippi: Top Lenders
NAICS 423NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Mississippi. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Mississippi
Median Loan Size
$179,350
per approval
Recent Activity
0
last 90 days through Apr 2025
NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $179,350.
Key trends & insights
- Industrial Machinery and Equipment Merchant Wholesalers in Mississippi lending is concentrated — Peoples Bank, Bankfirst Financial Services, THE Citizens National Bank OF Meridian together account for 70% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Peoples Bank leads this industry with 4 approvals (40% market share) and a median loan of $208,250.
- Industrial Machinery and Equipment Merchant Wholesalers in Mississippi loans skew smaller than the SBA average at $179,350 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 Industrial Machinery and Equipment Merchant Wholesalers in Mississippi
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $208,250 | |
| 2 | 2 | $146,350 | |
| 3 | 1 | $166,200 | |
| 4 | 1 | $88,200 | |
| 5 | 1 | $700,000 | |
| 6 | 1 | $500,000 |
Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Mississippi
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-04 | Newtek Bank, National Association | APP*****LLC | Columbus, MS | $500,000 |
| 2024-07 | The Huntington National Bank | Kee*****LLC | GULFPORT, MS | $70,000 |
| 2024-07 | Peoples Bank | But*****LLC | MENDENHALL, MS | $233,800 |
| 2024-07 | The Huntington National Bank | Kee*****LLC | GULFPORT, MS | $286,000 |
| 2024-07 | Peoples Bank | Her*****LLC | SEMINARY, MS | $192,500 |
| 2024-06 | BankFirst Financial Services | FUN*****nc. | JACKSON, MS | $142,700 |
| 2024-05 | Peoples Bank | Her*****LLC | SEMINARY, MS | $88,300 |
| 2024-02 | BayFirst National Bank | Ell*****LLC | COMO, MS | $88,200 |
| 2024-01 | Peoples Bank | Wal*****LLC | MENDENHALL, MS | $720,000 |
| 2023-10 | Peoples Bank | Her*****LLC | Seminary, MS | $224,000 |
| 2022-08 | BayFirst National Bank | Wat*****LLC | JACKSON, MS | $150,000 |
| 2020-08 | Community Bank of Mississippi | TS**Inc | RIDGELAND, MS | $700,000 |
| 2020-08 | BankFirst Financial Services | Cyp*****nc. | RIDGELAND, MS | $150,000 |
| 2020-01 | The Citizens National Bank of Meridian | Ben*****LLC | Hattiesburg, MS | $166,200 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet