STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
451
2010–2026
Total Volume
$209M
Gross loan amounts
States Active
8
With recorded loans
Programs
7(a) & 504
451 total segments
BankPlus has a strong focus on existing businesses, with 47% of their deals supporting established companies. This makes them a good choice if you're looking to acquire or expand an existing business.
With an average 7(a) spread of P+1.77%, BankPlus offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
This lender is almost exclusively 7(a), with only 16 deals (4% of total) going through the 504 program. If you specifically need 504 financing for real estate or equipment, look for lenders with a stronger 504 track record.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 16 504 loans, which use fixed SBA debenture rates.
States where BankPlus has recorded SBA lending activity.
+ 3 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Agriculture & Forestry
Agriculture & Forestry
Restaurants & Food Service
Accommodation & Food Services
Wholesale Trade
Wholesale Trade
Manufacturing
Manufacturing
Other Health Practitioners
Health Care & Social Assistance
Administrative & Waste Services
Administrative & Waste Services
Social Assistance
Health Care & Social Assistance
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for BankPlus, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Mississippi · Agriculture & Forestry · Under $150K | 7(a) | 30 | P+2.52% | $51K | Q3 2023 |
| Mississippi · Agriculture & Forestry · $1M – $2M | 7(a) | 28 | P+1.52% | $1.3M | Q4 2025 |
| Mississippi · Restaurants & Food Service · Under $150K | 7(a) | 19 | P+2.50% | $67K | Q3 2021 |
| Mississippi · Wholesale Trade · Under $150K | 7(a) | 15 | P+2.50% | $66K | Q3 2019 |
| Mississippi · Agriculture & Forestry · $500K – $1M | 7(a) | 14 | P+2.00% | $754K | Q4 2025 |
| Mississippi · Agriculture & Forestry · $150K – $350K | 7(a) | 13 | P+2.00% | $263K | Q2 2023 |
| Mississippi · Social Assistance · Under $150K | 7(a) | 12 | P+2.25% | $58K | Q3 2019 |
| Mississippi · Other Health Practitioners · Under $150K | 7(a) | 9 | P+2.25% | $68K | Q3 2017 |
| Mississippi · Restaurants & Food Service · $150K – $350K | 7(a) | 9 | P+2.00% | $260K | Q3 2022 |
| Mississippi · Administrative & Waste Services · Under $150K | 7(a) | 9 | P+2.25% | $79K | Q2 2022 |
| Mississippi · Manufacturing · Under $150K | 7(a) | 7 | P+2.63% | $92K | Q3 2018 |
| Alabama · Agriculture & Forestry · $1M – $2M | 7(a) | 7 | P+0.00% | $1.3M | Q3 2023 |
| Mississippi · Agriculture & Forestry · $350K – $500K | 7(a) | 7 | P+1.75% | $420K | Q3 2023 |
| Mississippi · General Merchandise · Under $150K | 7(a) | 6 | P+2.50% | $92K | Q1 2018 |
| Mississippi · Retail Trade · Under $150K | 7(a) | 6 | P+2.73% | $69K | Q1 2020 |
| Mississippi · Specialty Trade Contractors · Under $150K | 7(a) | 6 | P+2.75% | $53K | Q3 2018 |
| Louisiana · Management & IT Consulting · Under $150K | 7(a) | 5 | P+3.25% | $60K | Q1 2015 |
| Alabama · Agriculture & Forestry · $2M – $5M | 7(a) | 5 | P+0.45% | $2.3M | Q2 2025 |
| Louisiana · Restaurants & Food Service · Under $150K | 7(a) | 5 | P+4.00% | $48K | Q1 2016 |
| Louisiana · Other Health Practitioners · Under $150K | 7(a) | 5 | P+2.25% | $55K | Q3 2015 |
| Mississippi · Agriculture & Forestry · $2M – $5M | 7(a) | 5 | P+2.75% | $2.8M | Q3 2021 |
| Mississippi · Laundry & Dry Cleaning · Under $150K | 7(a) | 5 | P+2.25% | $41K | Q1 2016 |
| Mississippi · Transportation & Warehousing · Under $150K | 7(a) | 5 | P+2.00% | $59K | Q3 2024 |
| Mississippi · Food & Beverage Stores · Under $150K | 7(a) | 5 | P+2.25% | $27K | Q1 2019 |
| Mississippi · Building Construction · Under $150K | 7(a) | 4 | P+3.00% | $43K | Q3 2015 |
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