Last annual update:
Note: On March 31 the Treasury and SBA released important information regarding CARES Act SBA 7(a) loans. We encourage you to read our blog post and act quickly.
A few Missouri-based banks were among the largest lenders to “The Show Me State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Missouri:
Kansas City Saint Louis Springfield
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 242 | $61,692 | 8.5% |
| 2 | Guaranty Bank | Springfield, MO | 52 | $277,131 | 8.0% |
| 3 | OakStar Bank | Springfield, MO | 45 | $539,911 | 7.8% |
| 4 | Simmons Bank | Pine Bluff, AR | 38 | $349,929 | 7.2% |
| 5 | The Bank of Missouri | Perryville, MO | 36 | $190,125 | 7.9% |
| 6 | Midwest Regional Bank | Festus, MO | 30 | $721,247 | 7.9% |
| 7 | American Bank of Missouri | Wellsville, MO | 29 | $940,986 | 7.6% |
| 8 | United Midwest Savings Bank | De Graff, OH | 28 | $142,857 | 8.1% |
| 9 | Independence Bank | East Greenwich, RI | 20 | $145,750 | 6.6% |
| 10 | First Home Bank | Saint Petersburg, FL | 19 | $251,658 | 8.1% |
| 11 | Hawthorn Bank | Jefferson City, MO | 18 | $229,400 | 6.7% |
| 12 | Legacy Bank & Trust | Rogersville, MO | 17 | $110,818 | 7.1% |
| 13 | Commerce Bank | Kansas City, MO | 16 | $462,138 | 6.2% |
| 14 | Arvest Bank | Fayetteville, AR | 15 | $133,093 | 7.1% |
| 15 | Stearns Bank | Saint Cloud, MN | 14 | $191,593 | 7.7% |
| 16 | Busey Bank | Champaign, IL | 13 | $549,877 | 8.0% |
| 17 | Core Bank | Omaha, NE | 12 | $172,083 | 7.9% |