The First Bancshares, Inc.

Hattiesburg, MS Doing business as Thefirst

UEI
TDKXNCMKM899
CAGE
4T6M2
Primary NAICS
Not on record
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • For Profit Organization
Entity structure
Corporate Entity (Not Tax Exempt)
Corporate family
SAM.gov registration date
Physical address
6480 US-98, Hattiesburg, MS 39402, USA

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Grant awards

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About the company

The First Bancshares, Inc., doing business as Thefirst, is a for-profit corporate entity headquartered in Hattiesburg, Mississippi, registered in SAM.gov since 2007. The organization is a designated Community Development Financial Institution (CDFI) that primarily focuses on providing financial services and support to economically distressed communities. Through its federal grant awards, the company receives funding primarily from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, which supports its mission of expanding financial access and economic opportunities in underserved areas.

The First Bancshares, Inc. has received multiple federal grant awards, specifically through the Bank Enterprise Award (BEA) Program and the Community Development Financial Institutions Program. These grants, totaling approximately $981,899 between 2020 and 2024, enable the organization to deliver financial products, financial services, development services, loan loss reserves, and capital reserves to eligible low-income markets and target populations. The grants support the bank's capacity to provide lending and financial assistance to rural and urban communities that lack adequate access to affordable financial options. The funding allows The First Bancshares, Inc. to make equity investments, provide equity-like loans, grants, stock purchases, loans, deposits, and other forms of financial assistance to certified CDFIs. The ultimate goal of these grant-funded activities is to promote economic revitalization, build financial capacity in underserved communities, and expand access to essential banking services for residents and businesses in economically distressed areas.

Quick answers

Is The First Bancshares, Inc. registered in SAM.gov?

Yes. The First Bancshares, Inc.'s SAM.gov registration is active through April 23, 2027.

What is The First Bancshares, Inc.'s most recent federal award?

The First Bancshares, Inc.'s most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (211FA057185G), from Community Development Financial Institutions Fund, on December 8, 2021.

On GovTribe

See The First Bancshares, Inc.'s full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
  • Similar vendors