Merchants And Planters Bank
Raymond, MS
- UEI
- M3FWJLB5MNL9
- CAGE
- 747R9
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- SAM.gov registration date
- Physical address
- 308 Raymond Square, Raymond, MS 39154, USA
- Website
- mpbank.net
- Founded
- 1906
- Employees
- 1-10
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $450,000 | |
| Purpose: to provide grants to community development financial institutions (cdfis) for the following purposes 1) to… | Community Development Financial Institutions Fund | $3,718,258 | |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $425,000 | |
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $170,699 | |
| Cdfi rapid response program award | Community Development Financial Institutions Fund | $1,826,265 |
About Merchants And Planters Bank
Merchants And Planters Bank is a for-profit corporate entity registered in the System for Award Management (SAM.gov) since April 2014, with registration valid through October 2025. Located in Raymond, Mississippi, the bank is a certified Community Development Financial Institution (CDFI) focused on providing financial services and support to underserved communities. Its primary mission appears to be delivering targeted financial assistance and economic development resources to low-income and economically distressed areas, with a particular emphasis on supporting populations impacted by economic challenges such as the COVID-19 pandemic.
The bank has consistently received federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund), participating in multiple targeted grant programs. These include the CDFI Program, Equitable Recovery Program (ERP), Rapid Response Program (RRP), and Bank Enterprise Award (BEA) Program. Through these awards, totaling approximately $6.4 million between 2021 and 2028, Merchants And Planters Bank has been authorized to expand lending, make investments, and provide technical assistance to underserved populations. The grants specifically enable the bank to support job creation, business development, and economic self-determination in low-income communities, with a particular focus on areas disproportionately affected by the COVID-19 pandemic. The bank's grant-funded activities aim to build organizational capacity, acquire necessary technological and staffing resources, and develop financial services and lending capabilities that can drive community economic revitalization.
Quick answers
What is Merchants And Planters Bank's UEI?
Merchants And Planters Bank's Unique Entity ID (UEI) in SAM.gov is M3FWJLB5MNL9.
What is Merchants And Planters Bank's CAGE code?
Merchants And Planters Bank's CAGE code is 747R9.
Where is Merchants And Planters Bank located?
Merchants And Planters Bank's physical address in SAM.gov is 308 Raymond Square, Raymond, MS 39154, USA.
Is Merchants And Planters Bank registered in SAM.gov?
Yes. Merchants And Planters Bank's SAM.gov registration is active through July 16, 2027.
What is Merchants And Planters Bank's most recent federal award?
Merchants And Planters Bank's most recent federal grant award is Purpose: to promote economic revitalization and community development through investment in and financial assistance… (241FA064957G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Merchants And Planters Bank's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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