Top Industries Financed
- Full-Service Restaurants
- Offices of Physical, Occupational and Speech Therapists, and Audiologi
- Other Heavy and Civil Engineering Construction
- Retail Bakeries
- Residential Property Managers
Quick Summary
MidSouth Bank is an SBA-approved lender headquartered in DOTHAN, Alabama. Since 2020, they have approved 13 SBA 7(a) loans totaling $3.0M, with an average loan size of $228K. They serve businesses across 3 states.
About MidSouth Bank
MidSouth Bank is an SBA-approved lender headquartered in DOTHAN, Alabama. Since 2020, they have approved 13 SBA 7(a) loans totaling $3.0M, with an average loan size of $228K. They serve businesses across 3 states.
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Frequently Asked Questions
Is MidSouth Bank an SBA Preferred Lender?
MidSouth Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has MidSouth Bank approved?
According to SBA FOIA public records, MidSouth Bank has approved 13 SBA 7(a) loans totaling $3.0M since 2020. Their average loan size is $228K.
What states does MidSouth Bank serve?
MidSouth Bank serves businesses in 3 states: Alabama, Florida, Georgia.
How do I apply for an SBA loan with MidSouth Bank?
To apply for an SBA 7(a) loan with MidSouth Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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