SBA Loans for Insurance Agencies and Brokerages in Mississippi: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Mississippi. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Mississippi
Median Loan Size
$149,800
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $149,800.
Key trends & insights
- Insurance Agencies and Brokerages in Mississippi lending is concentrated — THE Citizens National Bank OF Meridian, Readycap Lending, LLC, Byline Bank together account for 60% 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 (20% market share) and a median loan of $149,800.
- Insurance Agencies and Brokerages in Mississippi loans skew smaller than the SBA average at $149,800 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 Insurance Agencies and Brokerages in Mississippi
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $149,800 | |
| 2 | 1 | $500,000 | |
| 3 | 1 | $100,000 | |
| 4 | 1 | $26,000 | |
| 5 | 1 | $630,000 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Mississippi
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | The Citizens National Bank of Meridian | AJE*****LLC | West Point, MS | $149,800 |
| 2025-05 | Byline Bank | ZEL*****OUP | SOUTHAVEN, MS | $100,000 |
| 2024-08 | Northeast Bank | ARM*****LLC | Olive Branch, MS | $26,000 |
| 2024-08 | Newtek Bank, National Association | Fin*****LLC | Ridgeland, MS | $150,000 |
| 2024-08 | Readycap Lending, LLC | Jac*****LLC | TUPELO, MS | $500,000 |
| 2023-08 | United Midwest Savings Bank National Association | Wya*****LLC | ELLISVILLE, MS | $561,000 |
| 2023-07 | Newtek Bank, National Association | Jac*****LLC | TUPELO, MS | $350,000 |
| 2022-07 | First Internet Bank of Indiana | TOR*****INC | MADISON, MS | $1,034,000 |
| 2021-08 | Community Bank of Mississippi | The*****LLC | SOUTHAVEN, MS | $630,000 |
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