Merchants & Marine Bank: SBA loans in this registry
4companies
4loans
$3.3Mtotal approved
$823Kaverage loan
About this lender
- Type
- Bank
- Headquarters
- Pascagoula, MS
- FDIC certificate number
- 12203
- Total assets
- $1.3 billion (as of June 30, 2026)
- Established
- 1932
- Offices
- 24
- Website
- www.fmbanking.com
- Acquisition loans (7(a))
- 4 loans, $3.3M total, $823K average
- Approval dates
- May 22, 2024 to Sep 22, 2026
- Typical term (median)
- acquisition loans: 10 years
- Initial interest rate (7(a))
- 9% to 11.5%, median 10.12%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Child Care Services: 1 loan
- Electrical Contractors and Other Wiring Installation Contractors: 1 loan
- Offices of Mental Health Practitioners (except Physicians): 1 loan
- All Other Personal Services: 1 loan
Top states
- Texas: 1 loan
- Tennessee: 1 loan
- Florida: 1 loan
- Mississippi: 1 loan
Largest deals
- Quality Electric Service, LLC, Murfreesboro, TN: $1,415,100 (7(a) acquisition, Feb 25, 2025)
- Cottonwood Manor Wedding and Event Center LLC, Perkinston, MS: $710,000 (7(a) acquisition, May 22, 2024)
- Legacy of Learning, LLC, Austin, TX: $621,000 (7(a) acquisition, Sep 22, 2026)
- ABC Behavior Development LLC, Miami, FL: $545,500 (7(a) acquisition, Feb 3, 2025)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Legacy of Learning, LLC | Austin, TX | Child Care Services | Acquisition | Sep 22, 2026 | $621K |
| Quality Electric Service, LLC | Murfreesboro, TN | Electrical Contractors and Other Wiring Installation Contractors | Acquisition | Feb 25, 2025 | $1.4M |
| ABC Behavior Development LLC | Miami, FL | Offices of Mental Health Practitioners (except Physicians) | Acquisition | Feb 3, 2025 | $546K |
| Cottonwood Manor Wedding and Event Center LLC | Perkinston, MS | All Other Personal Services | Acquisition | May 22, 2024 | $710K |