Community Bank of Mississippi: SBA Lending Record

Community Bank of Mississippi: loans and programs

Community Bank of Mississippi stands at 499 approved loans and $164.8 million gross, FY2017 to FY2026. MS is the lender state SBA records for Community Bank of Mississippi. Community Bank of Mississippi holds or held these 499 loans, as SBA records them. SBA, not Community Bank of Mississippi, guarantees these 499 loans. The figures for Community Bank of Mississippi are loan records only. Program split at Community Bank of Mississippi: 499 for 7(a), 0 for 504.

Asset classes and states in the Community Bank of Mississippi book

The tracked classes leave 352 of Community Bank of Mississippi's 499 loans out of view. Class by class, the record of Community Bank of Mississippi opens Full-service restaurant (42), Limited-service restaurant (18), Fitness center (16), Child care center (14), Coffee shop and snack bar (11), Gas station and truck stop (6), Beauty salon (6). Full-service restaurant borrowers can set a project beside 42 such loans at Community Bank of Mississippi. Community Bank of Mississippi shows 18 loans in Limited-service restaurant, the next class. Fitness center comes third at Community Bank of Mississippi, with 16 loans. Florida ranks second among states for Community Bank of Mississippi, at 82 loans. Loans of Community Bank of Mississippi by state begin with Mississippi (367), Florida (82), Alabama (41). SBA records the lender state as MS, and the largest state by loans is Mississippi.

Cancellation and charge-off floors for Community Bank of Mississippi

The cancellation floor for Community Bank of Mississippi is 12.1% on FY2017 to FY2024 approvals. Past 12.1%, the ceiling is not printed, because Loan Analytics wants 30 loans in a cell to print one, so no number takes its place and it is not zero. The charge-off floor for Community Bank of Mississippi on FY2017 to FY2021 disbursements stands at 2.2%, measured across 270 loans. Community Bank of Mississippi's five-year rate is not printed because the cohort is under 30 loans. Community Bank of Mississippi shows floors, not final rates, for loans may still be charged off beyond the date of the file.

Using the Community Bank of Mississippi record in a study

Full-service restaurant at Community Bank of Mississippi starts with a test of demand. A study of Limited-service restaurant next checks development cost; Community Bank of Mississippi shows 18 loans there. After cost comes debt service coverage: Community Bank of Mississippi shows $164.8 million across 499 loans, but the coverage test rests on the project. A formal appraisal is the last test, and 16 Fitness center loans at Community Bank of Mississippi cannot do its job. An applicant in Mississippi can look at 367 loans in the Community Bank of Mississippi record, and one in Florida, 82. Community Bank of Mississippi alone knows what it expects. No approval is guaranteed here, and Community Bank of Mississippi sets its own terms.