Three Rivers Local Development
Pontotoc, MS 38863
SBA Certified Development CompanyStates Served
Top Industries Financed
- Hotels (except Casino Hotels) and Motels
- Limited-Service Restaurants
- Full-Service Restaurants
- Funeral Homes and Funeral Services
- Automotive Body, Paint, and Interior Repair and Maintenance
Quick Summary
Three Rivers Local Development is an SBA-certified Certified Development Company (CDC) headquartered in Pontotoc, Mississippi. Since 2010, they have approved 72 SBA 504 loans totaling $105.2M, with an average loan size of $1.5M. They primarily serve Mississippi businesses.
About Three Rivers Local Development
Three Rivers Local Development is an SBA-certified Certified Development Company (CDC) headquartered in Pontotoc, Mississippi. Since 2010, they have approved 72 SBA 504 loans totaling $105.2M, with an average loan size of $1.5M. They primarily serve businesses in Mississippi.
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Frequently Asked Questions
What does Three Rivers Local Development do?
Three Rivers Local Development is an SBA-certified Certified Development Company (CDC) based in Pontotoc, Mississippi. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Three Rivers Local Development handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Three Rivers Local Development approved?
According to SBA FOIA public records, Three Rivers Local Development has approved 72 SBA 504 loans totaling $105.2M since 2010. Their average loan size is $1.5M.
What states does Three Rivers Local Development serve?
Three Rivers Local Development primarily serves businesses in Mississippi.
How do I apply for an SBA 504 loan through Three Rivers Local Development?
To apply for an SBA 504 loan through Three Rivers Local Development, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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