SBA data · Missouri
SBA lending in Missouri
18,516 loans worth $8.57B have been approved for Missouri projects since FY2010 - the #20 state by SBA dollars, 1.7% of the national total.
State rank
#20
by dollars approved
Approved
$8.57B
FY2010 onward
Loans
18,516
Median loan
$196,600
+9% vs national
Median 7(a) rate
6.25%
Jobs supported
210,017
Lender-reported
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Who lends here
The most active SBA lenders in Missouri
Ranked by dollars approved for projects in this state. Ranking is computed from federal data and cannot be purchased.
| # | Lender | Approved in MO | Loans | Avg loan | Share |
|---|---|---|---|---|---|
| 1 | Rural Missouri, Inc. | $561.2M | 748 | $750,239 | |
| 2 | OakStar Bank | $547.5M | 841 | $650,984 | |
| 3 | Live Oak Banking Company | $401.2M | 255 | $1,573,446 | |
| 4 | Simmons Bank | $395.7M | 1,120 | $353,299 | |
| 5 | Midwest Regional Bank | $353.1M | 393 | $898,407 | |
| 6 | St. Charles County Economic Development Council | $318.0M | 492 | $646,437 | |
| 7 | U.S. Bank | $268.0M | 1,923 | $139,387 | |
| 8 | The Bank of Missouri | $220.9M | 812 | $272,038 | |
| 9 | Busey Bank | $207.3M | 269 | $770,784 | |
| 10 | Commerce Bank | $199.2M | 673 | $296,020 | |
| 11 | Southern Bank | $154.3M | 296 | $521,224 | |
| 12 | The Central Trust Bank | $139.1M | 683 | $203,727 |
By sector in Missouri
- Restaurants & Hotels2,573 · $1.48B
- Retail1,543 · $722.0M
- Health Care1,565 · $686.3M
- Other Services1,912 · $670.3M
- Construction2,108 · $667.4M
- Professional Services1,597 · $615.0M
- Wholesale851 · $526.9M
- Arts & Recreation723 · $347.0M
- Agriculture316 · $309.1M
- Transportation747 · $297.3M
- Real Estate494 · $291.2M
- Administrative & Waste873 · $252.7M
Most-financed industries
Approvals by fiscal year
Gross approval dollars in Missouri. The final bar is a partial fiscal year.
Loan sizes in Missouri
- Under $50K17%
- $50K - $150K24%
- $150K - $350K25%
- $350K - $1M22%
- $1M - $2M8%
- Over $2M5%
SBA lending in Missouri: common questions
- How many SBA loans are approved in Missouri?
- 18,516 SBA 7(a) and 504 loans totalling $8,570,465,100 have been approved for projects in Missouri since fiscal year 2010, ranking it #20 among states and territories by dollars approved - 1.7% of all SBA lending nationally.
- Which lenders make the most SBA loans in Missouri?
- By dollars approved in Missouri, the most active lenders are Rural Missouri, Inc., OakStar Bank, Live Oak Banking Company, Simmons Bank, Midwest Regional Bank. Volume is not a recommendation - a lender's fit depends on your industry, loan size, and credit profile.
- What is the typical SBA loan size in Missouri?
- The median gross approval in Missouri is $196,600, 9% above the national median of $180,000. Half of all loans in the state fall between $25,000 and $1,185,700.
- Do I need to use a lender based in Missouri?
- No. SBA lenders can and routinely do lend across state lines, and several of the largest national 7(a) lenders have no branch presence at all. The lenders listed on this page are those with the most approved dollars for projects located in Missouri, wherever they are headquartered.
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
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