Merchants & Marine Bank
MS
SBA-approved lender offering 7 loan programs across 9 industries.
Key Metrics
Interest Rate
9.47%
2.72% over prime
Average Loan
$324K
Per approval
Total Approvals
40
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
Preferred Lenders Program
New Business or 2 years or less
Fixed Rates
Industries Served (9)
Drinking Places (Alcoholic Beverages)Electrical ContractorsFull-Service RestaurantsFuneral Homes and Funeral ServicesGeneral Freight Trucking, Long Distance, TruckloadLimited-Service RestaurantsOffices of DentistsOffices of Mental Health Practitioners (except Physicians)Snack and Nonalcoholic Beverage Bars
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.72%
- Effective Rate
- 9.47%
- Fiscal Year
- 2025
- States Served
- MS
- Website
- mandmbank.com
Ready to apply with Merchants & Marine Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.