Trustmark Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Trustmark Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112320 | Broilers and Other Meat Type Chicken Production | 2 | $1.1M | $530K | 100.0% |
Geographic Distribution
SBA lending activity for Trustmark Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Mississippi (MS) | 2 | $1.1M | 100.0% |
Why Choose Trustmark Corporation?
Based on SBA 7(a) lending track record from 2006-2006
- ✓Proven Track Record: 2 SBA loans approved, totaling $1.1M in financing
- ✓Industry Expertise: Specialized focus on Broilers and Other Meat Type Chicken Production
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 122 months
- ✓Loan Range: Loan sizes from $152K to $908K, with an average of $530K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MS
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Trustmark Corporation SBA lending
What types of businesses does Trustmark Corporation typically finance?
Trustmark Corporation specializes in SBA 7(a) lending to specific industries including broilers and other meat type chicken production. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Trustmark Corporation's typical SBA loan terms?
Trustmark Corporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 122 months (approximately 10 years). Loan sizes range from $152K to $908K, with an average loan size of $530K.
Do I need a business valuation for a Trustmark Corporation SBA loan?
Yes, Trustmark Corporation typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Trustmark Corporation compare to other SBA lenders?
Trustmark Corporation has originated 2 SBA loans totaling $1.1M since 2006. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Trustmark Corporation lend in?
Trustmark Corporation provides SBA 7(a) financing with particularly strong presence in MS. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
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