Bank MDA partner for business loan pool

The Tupelo-based BancorpSouth announced Thursday a half-billion-dollar loan pool, called Grow Mississippi, that would target future and current businesses looking to expand in Mississippi. The bank will work with the Mississippi Development Authority to identify businesses that may qualify which would also be combined with MDA incentives. In February, Regions Bank announced a similar partnership with Alabama’s state government. Jackson (Miss.) Clarion Ledger, March 28, 2013.