Missouri SBA lending, from federal loan records
SBA Lenders Actively Funding Businesses in Missouri
Since FY2020, 302 lenders have funded 6,419 SBA loans worth $3.6B for businesses in Missouri. Borrowers reported 69,754 jobs supported by those loans. Below is who actually writes them, how big they run, and which Missouri businesses get funded.
Most active SBA lenders in Missouri
Ranked by loans funded for Missouri projects since FY2020, not by advertising budget. A lender headquartered elsewhere that funds heavily in Missouri beats a local name that rarely writes SBA loans.
| Lender | Program | MO loans since FY2020 | Since FY2025 | Median loan | Median rate |
|---|---|---|---|---|---|
| U.S. Bank, National Association | 7(a) | 572 | 206 | $35K | 8.99% |
| OakStar Bank | 7(a) | 498 | 155 | $343K | 9% |
| Rural Missouri, Inc. | 504 (CDC) | 284 | 63 | $612K | n/a |
| The Central Trust Bank | 7(a) | 251 | 44 | $104K | 8% |
| The Huntington National Bank | 7(a) | 189 | 65 | $250K | 10% |
| Commerce Bank | 7(a) | 177 | 28 | $140K | 7.35% |
| The Bank of Missouri | 7(a) | 169 | 26 | $189K | 6.25% |
| Live Oak Banking Company | 7(a) | 139 | 71 | $873K | 8.5% |
| Regent Bank | 7(a) | 124 | 11 | $332K | 8.62% |
| St. Charles County Economic Development Council | 504 (CDC) | 123 | 28 | $514K | n/a |
| Guaranty Bank | 7(a) | 116 | 1 | $200K | 6% |
| Midwest Regional Bank | 7(a) | 116 | 32 | $602K | 8.5% |
| BayFirst National Bank | 7(a) | 109 | 18 | $150K | 12.25% |
| Arvest Bank | 7(a) | 96 | 14 | $100K | 7.12% |
| Legacy Bank & Trust Company | 7(a) | 96 | 2 | $214K | 6% |
| Southern Bank | 7(a) | 95 | 29 | $250K | 9.5% |
| Readycap Lending, LLC | 7(a) | 95 | 51 | $50K | 14% |
| The Bank of Houston | 7(a) | 86 | 22 | $605K | 9% |
| OMB Bank | 7(a) | 85 | 39 | $283K | 10% |
| UMB Bank, National Association | 7(a) | 81 | 24 | $300K | 7.25% |
| Newtek Bank, National Association | 7(a) | 80 | 54 | $150K | 10.5% |
| Northeast Bank | 7(a) | 72 | 39 | $89K | 10.75% |
| United Midwest Savings Bank National Association | 7(a) | 68 | 22 | $150K | 9.75% |
| Hawthorn Bank | 7(a) | 67 | 6 | $100K | 6.5% |
| St. Louis Bank | 7(a) | 67 | 9 | $646K | 7% |
504 loans are written by Certified Development Companies alongside a bank first mortgage. The 504 file reports no interest rate, so CDC rows show none.
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Start your funding profile →How big Missouri SBA loans run
Share of Missouri 7(a) loans by approval size, next to the national split. If your ask sits in a common band, it is the kind of loan lenders here fund every week.
| 7(a) loan size | MO | US |
|---|---|---|
| Under $150K | 36.3% | 40.4% |
| $150K to $500K | 34.5% | 31.9% |
| $500K to $1M | 14.6% | 12.9% |
| $1M and up | 14.6% | 14.9% |
Who gets funded in Missouri
Business age on Missouri 7(a) loans. 14.7% funded a change of ownership, against 11.1% nationally. Buying a business? See the acquisition lender shortlist. Starting one? See startup-friendly lenders.
| Business stage | MO | US |
|---|---|---|
| Established, more than 2 years | 47.2% | 55.2% |
| New, 2 years or less | 16.1% | 16.9% |
| Startup, loan opens the business | 22% | 16.8% |
| Change of ownership (buying a business) | 14.7% | 11.1% |
Industries Missouri SBA lenders fund most
Share of all Missouri SBA loans by industry, and how that compares with the national mix.
| Industry | MO loans | Share | Compared with US |
|---|---|---|---|
| Restaurants and hotels | 850 | 13.2% | in line with national |
| Construction | 817 | 12.7% | in line with national |
| Personal and repair services | 689 | 10.7% | in line with national |
| Retail | 680 | 10.6% | in line with national |
| Healthcare | 564 | 8.8% | in line with national |
| Professional services | 498 | 7.8% | 0.8x the national share |
| Manufacturing | 480 | 7.5% | in line with national |
| Business support services | 321 | 5% | in line with national |
The most common specific business types funded in Missouri: full-service restaurants (294), limited-service restaurants (217), fitness and recreational sports centers (163), hotels (except casino hotels) and motels (127), general automotive repair (123), plumbing, heating, and air-conditioning contractors (112).
Where in Missouri the loans go
| County | SBA loans since FY2020 | Share of state |
|---|---|---|
| Saint Louis | 1,025 | 16% |
| Jackson | 825 | 13% |
| Greene | 609 | 9% |
| Saint Charles | 436 | 7% |
| Boone | 293 | 5% |
| Saint Louis City | 282 | 4% |
| Clay | 268 | 4% |
| Jasper | 221 | 3% |
7(a) or 504 in Missouri
9% of Missouri SBA loans are 504 loans, against 12% nationally. A 504 loan funds owner-occupied real estate or major equipment, with a median of $547K here. A 7(a) loan covers almost anything else, including working capital and buying a business. The busiest 504 lenders in Missouri:
- Rural Missouri, Inc.: 284 504 loans, median $612K
- St. Charles County Economic Development Council: 123 504 loans, median $514K
- Heartland Business Capital, Inc.: 52 504 loans, median $515K
- STL Partnership CDC: 34 504 loans, median $642K
- Enterprise Development Corporation: 32 504 loans, median $332K
Missouri SBA lending by year
| Fiscal year | 7(a) loans | 504 loans | Dollars |
|---|---|---|---|
| FY2020 | 679 | 87 | $368M |
| FY2021 | 958 | 118 | $646M |
| FY2022 | 822 | 118 | $476M |
| FY2023 | 821 | 79 | $523M |
| FY2024 | 953 | 71 | $498M |
| FY2025 | 1,016 | 81 | $709M |
| FY2026 (through June 30, 2026) | 571 | 45 | $413M |
The SBA fiscal year runs October through September.
Common questions
Who is the most active SBA lender in Missouri?
By funded loans since FY2020, U.S. Bank, National Association leads Missouri with 572 loans.
How big is a typical SBA loan in Missouri?
The median 7(a) loan in Missouri is $225K, and the middle half runs from $85K to $581K. The median 504 loan is $547K. Nationally the 7(a) median is $200K.
What interest rate do Missouri SBA borrowers get?
The median starting rate on Missouri 7(a) loans since FY2020 is 8.35%, against 9.25% nationally. 79% of those loans carry a variable rate, which moves with the prime rate.
Can a startup get an SBA loan in Missouri?
Yes. 38% of Missouri 7(a) loans with a reported business age went to startups or businesses two years old or younger, against 34% nationally. Lenders still expect a solid plan, owner equity and usually collateral.
Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records, FY2020 through June 30, 2026, for projects located in Missouri. Cancelled approvals are excluded. Jobs supported are as reported by borrowers. Figures describe past lending activity only and are not offers, quotes, or qualification decisions. Big Brain Funding is not a lender and is not affiliated with any lender listed.