How many small businesses are in Mississippi?

Mississippi has approximately 245,000 small businesses, representing 99.3 percent of all businesses in the state. They employ 452,000 workers — 41.1 percent of Mississippi's private workforce. Source: SBA Office of Advocacy, 2024 Small Business Profile.

How active is SBA 7(a) lending in Mississippi?

Mississippi received 487 SBA 7(a) loan approvals in FY2024, totaling $194 million. The average loan size was approximately $398,000. Source: SBA FOIA loan dataset, FY2024 aggregate.

Does Mississippi have a commercial financing disclosure law?

No. Mississippi has not enacted a statewide commercial financing disclosure law as of 2026.

What financing products work best for Mississippi small businesses?

Agricultural and aquaculture businesses use equipment financing and working capital. Manufacturers use equipment financing and SBA 7(a). Healthcare practices access SBA 7(a). The right product depends on your industry and revenue profile.

Is ClearValue Lending available in Mississippi?

Yes. ClearValue Lending routes Mississippi SMB applicants to lender partners operating across Jackson, Gulfport, Biloxi, Hattiesburg, and statewide. We are a funding platform, not a lender or broker.

What are typical eligibility minimums for Mississippi SMB financing?

SBA 7(a) typically requires 2+ years in business, 650+ FICO, and $150,000+ annual revenue. Revenue-based financing may be available with 500+ FICO, 6+ months in business, and $10,000+ monthly revenue. All financing is subject to lender underwriting.

Small Business Loans in Mississippi

Mississippi has 245,000 small businesses employing 452,000 workers — 41.1 percent of the state's private workforce. In FY2024, Mississippi small businesses received 487 SBA 7(a) loans totaling $194 million, with an average loan size of approximately $398,000. Mississippi's SMB economy is anchored by agriculture (soybeans, cotton, catfish farming), manufacturing (automotive, aerospace, shipbuilding), and a significant healthcare sector relative to the state's population.