Peoples Bank (MS) Awarded Coleman’s SBA 7(a) Community Bank of the Year
February 5, 2025
Bob Coleman
Founder & Publisher
Peoples Bank (MS) Awarded Coleman’s SBA 7(a) Community Bank of the Year
Peoples Bank – MS Team Members
Peoples Bank – MS Team Members
“In the last five years, Peoples Bank has approved 2,346 small business loans, amounting to a total of $718 million. This reflects our dedication to empowering entrepreneurs and fostering economic development. Over the last decade, we’ve made 3,112 small business loans for almost $1 billion over the past five years.”
| SBA 7(a) | Rank $ | Rank # | Gross Loan Approval | # Loans | Average Loan Size |
| FY 2024 | 88 | 102 | $69.6 Million | 102 | $682,283 |
| FY 2023 | 53 | 95 | $103 Million | 95 | $1,089,591 |
| FY 2022 | 40 | 91 | $119 Million | 91 | $1,331,449 |
“Peoples Bank, established in 1908 in Mendenhall, Mississippi, has built a legacy rooted in community service and a commitment to treating others the way we would like to be treated. Over the years, this commitment has extended beyond the local community, growing Peoples Bank into a trusted partner for small businesses across the country.
“As a certified CDFI and a leader in SBA lending, we are passionate about fostering economic development and empowering communities through innovative financial solutions.”
Peoples Bank – MS Team Members
Peoples Bank – MS Team Members