Mississippi — PPP Loan Data

138,394 approved loans · $5.43B total · 90.8% forgiven

Total Loans
138,394
Total Approved
$5.43B
Avg $39,228/loan
Loans Forgiven
125,717
90.8% forgiveness rate
Amount Forgiven
$5.19B
95.6% of total
Jobs Reported
690,338
Self-reported by applicants

Mississippi ranked among the states receiving PPP assistance during the COVID-19 pandemic. In total, the SBA approved 138,394 loans totaling $5.43B to businesses and organizations across the state. The average loan size was $39,228.

Of all approved loans, 125,717 — or 90.8% — received SBA forgiveness totaling $5.19B. Forgiveness means the borrower was not required to repay that portion, having met the program's requirements for maintaining payroll and using funds for qualified expenses such as rent, utilities, and mortgage interest.

Among the largest recipients in Mississippi were STAFF PRO LLC ($10,000,000), BUTLER SNOW, LLP ($8,638,800), and MISSISSIPPI METHODIST SENIOR SERVICES IN ($7,035,775).

Borrowers in Mississippi reported retaining 690,338 jobs through the program, though job counts are self-reported and were not independently verified at the time of application. The state's businesses spanned a wide range of industries, from construction and hospitality to professional services and health care.

The most active industry in Mississippi by loan count was Personal Care Services with 14,000 loans totaling $189.9M. This was followed by Services to Buildings and Dwellings (7,088 loans).

The most active lender in Mississippi was COMMUNITY BANK OF MISSISSIPPI, which originated 9,683 loans worth $422.3M. The top 10 lenders collectively handled a significant portion of the state's total loan volume, reflecting the role of large national banks as primary conduits for PPP funds.

Loans under $150,000 — which make up the majority of loan count — have borrower names withheld under FOIA Exemption 6. Only the approximately 0.0% of loans at or above that threshold have named recipients publicly disclosed.

Top Cities in Mississippi

CityLoansTotal ApprovedForgiveness Rate
JACKSON9,952$480.2M87.7%
HATTIESBURG4,365$203.9M90.8%
GULFPORT3,695$191.8M89.2%
TUPELO3,134$188.8M91.8%
COLUMBUS2,930$142.2M89.1%
OLIVE BRANCH2,698$87.2M89.1%
BRANDON2,597$86.4M94.9%
SOUTHAVEN2,551$90.3M88.1%
MADISON2,496$111.9M97.0%
RIDGELAND2,443$201.3M94.0%
OXFORD2,386$112.1M95.2%
MERIDIAN2,377$125.4M92.6%
BILOXI2,365$103.1M92.4%
GREENVILLE2,313$85.5M89.8%
VICKSBURG2,246$84.6M89.1%
STARKVILLE2,036$62.6M87.3%
MCCOMB1,983$59.0M85.3%
CANTON1,746$47.2M88.4%
LAUREL1,670$96.4M92.3%
NATCHEZ1,597$86.3M92.9%
OCEAN SPRINGS1,581$67.4M94.6%
WEST POINT1,515$44.1M86.7%
GREENWOOD1,456$68.9M90.4%
HORN LAKE1,431$38.1M82.7%
CLARKSDALE1,340$40.5M86.7%

Largest Named Recipients in Mississippi

Showing loans ≥ $150,000 with publicly disclosed borrower names.

BorrowerCityIndustryAmountForgiven?
STAFF PRO LLCGULFPORTEmployment Services$10,000,000Yes
BUTLER SNOW, LLPRIDGELANDLegal Services$8,638,800Yes
MISSISSIPPI METHODIST SENIOR SERVICES INTUPELOContinuing Care Retirement Communities and Assisted Living Facilities for the Elderly$7,035,775Yes
SOUTHERN ELECTRIC CORPORATION OF MISSISSIPPIFLOWOODUtility System Construction$7,034,200Yes
FRANKLIN CORPORATIONHOUSTONManufacturing$7,006,242Yes
NEEL SCHAFFER, INCJACKSONOther Heavy and Civil Engineering Construction$6,897,100Yes
PILGRIM CONSTRUCTION CO LLCHEIDELBERGUtility System Construction$6,497,400Yes
MID RIVER RESTAURANTS, LLCNATCHEZAccommodation and Food Services$6,431,200Yes
HOL-MAC CORPORATIONBAY SPRINGSManufacturing$6,164,700Yes
WISE STAFFING SERVICES, INC.TUPELOEmployment Services$5,931,285Yes
THE RETZER GROUP INCGREENVILLEAccommodation and Food Services$5,719,790Yes
SOUTHERN TIRE MART LLCCOLUMBIAManufacturing$5,519,845Yes
PUCKETT MACHINERY COMPANYFLOWOODCommercial and Industrial Machinery and Equipment Repair and Maintenance$5,478,400Yes
F. L. CRANE & SONS, INC.FULTONBuilding Finishing Contractors$5,364,218Yes
B & B ELECTRICAL & UTILITY CONTRACTORSCANTONUtility System Construction$5,233,500Yes
MAX HOME, LLCFULTONManufacturing$5,155,488Yes
JINDAL TUBULAR USA LLCBAY SAINT LOUISManufacturing$5,081,600Yes
GASTROINTESTINAL ASSOCIATES, PAFLOWOODOffices of Physicians$5,004,600Yes
STRIBLING EQUIPMENT, LLCRICHLANDOther Motor Vehicle Dealers$4,982,700Yes
SOUTHERN HENS, INC.MOSELLEManufacturing$4,923,600Yes
NESHOBA COUNTY GENERAL HOSPITALPHILADELPHIAGeneral Medical and Surgical Hospitals$4,817,110Yes
FIRST HERITAGE CREDIT, LLCRIDGELANDNondepository Credit Intermediation$4,700,015No
LABOR SOURCE, L.L.C.TUPELOEmployment Services$4,699,303Yes
EMPIE TRUCK SALES, LLCRICHLANDOther Motor Vehicle Dealers$4,567,600Yes
RETZER RESOURCES, INC.GREENVILLEAccommodation and Food Services$4,490,722Yes

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