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Buying a Business in Mississippi

The Numbers

FY2025 Acquisition Loans

46

$42.0M approved

Median Loan

$644k

FY2020 through FY2025

Loans Since FY2020

270

$253M in total approvals

Share of U.S. Activity

0.8%

Of change-of-ownership loans

What the Data Says

Mississippi ranks 35th of 53 states and territories for change-of-ownership SBA 7(a) lending: 270 loans since FY2020, 0.8% of the national total.

The typical deal is mid-market: its $644k median loan is close to the $650k midpoint across states.

Activity is steady, near the state's ~45 a year pace since FY2020.

The most-financed target is broilers and other meat type chicken production (29 loans), and the 5 most active lenders wrote about 47% of the state's acquisitions, a broad lender field.

Most Active Acquisition Lenders in Mississippi

  1. 1. BankFirst Financial Services30 loans
  2. 2. Community Bank of Mississippi30 loans
  3. 3. Trustmark Bank29 loans
  4. 4. Live Oak Banking Company21 loans
  5. 5. BankPlus18 loans

A lender being active in Mississippi does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lenders.

What Gets Bought in Mississippi

  • Broilers and Other Meat Type Chicken Production29 loans
  • Hotels (except Casino Hotels) and Motels26 loans
  • Insurance Agencies and Brokerages13 loans
  • Limited-Service Restaurants10 loans
  • Full-Service Restaurants9 loans

Industry-specific pricing and diligence live in the Guides. How many buyable businesses Mississippi holds in each trade is in Where the Businesses Are.

Method & Source

Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Mississippi project address. Approvals, not closings; excludes conventional and 504 financing.