SBA Loans for Boat Dealers in Mississippi: Top Lenders
NAICS 441NAICS 441 covers boat dealers businesses in Mississippi. Based on historical SBA 7(a) lending data.
Total Approvals
6
in Mississippi
Median Loan Size
$140,000
per approval
Recent Activity
3
last 90 days through Dec 2025
NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $140,000.
Key trends & insights
- Boat Dealers in Mississippi lending is concentrated — THE Citizens National Bank OF Meridian, Covington County Bank, Heritage Bank, INC. together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Citizens National Bank OF Meridian leads this industry with 1 approvals (17% market share) and a median loan of $328,800.
- Boat Dealers in Mississippi loans skew smaller than the SBA average at $140,000 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 Boat Dealers in Mississippi
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $328,800 | |
| 2 | 1 | $60,700 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $130,000 | |
| 5 | 1 | $95,400 | |
| 6 | 1 | $900,000 |
Recent SBA 7(a) approvals for Boat Dealers in Mississippi
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | The Citizens National Bank of Meridian | Six*****nc. | HORN LAKE, MS | $328,800 |
| 2025-08 | Lendistry SBLC, LLC | AAA*****INC | Byram, MS | $130,000 |
| 2025-07 | Community Bank of Mississippi | Sen*****LLC | CLINTON, MS | $95,400 |
| 2024-07 | Readycap Lending, LLC | Bru*****nc. | PETAL, MS | $150,000 |
| 2023-12 | Heritage Bank Inc | Coo*****Inc | SOUTHAVEN, MS | $150,000 |
| 2023-11 | Peoples Bank | Dee*****Inc | COLLINS, MS | $326,600 |
| 2023-08 | Hancock Whitney Bank | Han*****LLC | PASS CHRISTIAN, MS | $25,000 |
| 2023-08 | Hancock Whitney Bank | Han*****LLC | PASS CHRISTIAN, MS | $400,000 |
| 2023-03 | Newtek Bank, National Association | Coo*****les | SOUTHAVEN, MS | $900,000 |
| 2023-01 | BayFirst National Bank | Wat*****LLC | JACKSON, MS | $350,000 |
| 2023-01 | BayFirst National Bank | Wat*****LLC | JACKSON, MS | $350,000 |
| 2022-08 | Covington County Bank | CUS***** MS | SEMINARY, MS | $60,700 |
| 2022-08 | Peoples Bank | Dee*****nc. | SEMINARY, MS | $253,200 |
| 2022-03 | Peoples Bank | C&M*****LLC | Collins, MS | $1,115,200 |
| 2021-07 | Peoples Bank | Coa*****LLC | Pascagoula, MS | $570,000 |
| 2021-04 | Peoples Bank | Dee*****nc. | Collins, MS | $303,300 |
| 2021-02 | Community Bank of Mississippi | HBF*****LLC | MADISON, MS | $180,000 |
| 2021-02 | BNA Bank | Ray*****LLC | Oxford, MS | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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