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County7th of 106 in Missouri by approvalsFIPS 29047
SBA loans in Clay County, Missouri
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 228 loans to businesses in Clay County, Missouri, in FY2021 to FY2025, worth $101M: 203 under 7(a) and 25 under 504.
That is 40.3 approvals per 1,000 business establishments (5,654 establishments in 2023), close to the Missouri figure of 37.6 and close to the national 41.0.
It ranks 7th of 106 Missouri counties with approvals. In FY2025 there were 55, up 34% on FY2024.
70 lenders had approvals here; the most active were The Huntington National Bank (24), U.S. Bank, National Association (23) and Commerce Bank (13). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Clay County
By number of approvals to businesses in the county, FY2021–FY2025; 70 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 24 | $6.5M | 10.5% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 23 | $5.3M | 10.1% | |
| 3 | Commerce BankKansas City, MO | 13 | $2.2M | 5.7% | |
| 4 | UMB Bank, National AssociationKansas City, MO | 10 | $1.5M | 4.4% | |
| 5 | Rural Missouri, Inc.Jefferson City, MO · CDC | 9 | $7.2M | 3.9% | |
| 6 | Heartland Business Capital, Inc.Overland Park, KS · CDC | 9 | $5.6M | 3.9% | |
| 7 | CommunityAmerica Federal Credit UnionLenexa, KS | 7 | $5.6M | 3.1% | |
| 8 | The Central Trust BankJefferson City, MO | 7 | $1.6M | 3.1% | |
| 9 | Northeast BankLewiston, ME | 7 | $1.0M | 3.1% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 7 | $929K | 3.1% | |
| 11 | Wells Fargo Bank National AssociationSioux Falls, SD | 6 | $6.5M | 2.6% | |
| 12 | United Midwest Savings Bank National AssociationDe Graff, OH | 6 | $850K | 2.6% | |
| 13 | Clay/Platte Development CorporationGladstone, MO · CDC | 5 | $3.0M | 2.2% | |
| 14 | Sunflower Bank National AssociationDallas, TX | 4 | $2.1M | 1.8% | |
| 15 | Equity BankAndover, KS | 4 | $549K | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 25 | 11.0% | |
| 2 | General Freight TruckingNAICS 4841 | 18 | 7.9% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 17 | 7.5% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 7 | 3.1% | |
| 5 | Specialized Freight TruckingNAICS 4842 | 7 | 3.1% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 7 | 3.1% | |
| 7 | Other Personal ServicesNAICS 8129 | 6 | 2.6% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 6 | 2.6% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 6 | 2.6% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 31 | 13.6% | |
| 2 | Transportation and Warehousing | 31 | 13.6% | |
| 3 | Accommodation and Food Services | 27 | 11.8% | |
| 4 | Retail Trade | 22 | 9.6% | |
| 5 | Arts, Entertainment, and Recreation | 18 | 7.9% | |
| 6 | Health Care and Social Assistance | 17 | 7.5% | |
| 7 | Professional, Scientific, and Technical Services | 16 | 7.0% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 15 | 6.6% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 26 | $13.0M | $251K | 0 | — | 26 | 272 |
| FY2025 | 51 | $22.4M | $181K | 4 | $3.1M | 55 | 477 |
| FY2024 | 38 | $15.2M | $188K | 3 | $2.0M | 41 | 344 |
| FY2023 | 30 | $13.5M | $175K | 3 | $3.2M | 33 | 339 |
| FY2022 | 37 | $11.1M | $125K | 6 | $3.6M | 43 | 466 |
| FY2021 | 47 | $21.7M | $255K | 9 | $5.4M | 56 | 641 |
| FY2020 | 35 | $18.4M | $150K | 2 | — | 37 | 325 |
| FY2019 | 44 | $17.1M | $156K | 3 | $2.7M | 47 | 337 |
| FY2018 | 33 | $20.3M | $250K | 2 | — | 35 | 435 |
| FY2017 | 32 | $16.8M | $222K | 3 | $1.1M | 35 | 517 |
| FY2016 | 29 | $13.8M | $275K | 5 | $2.4M | 34 | 404 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 188 approvals.
Against Missouri and the country
| FY2021–FY2025 | Clay County | Missouri | United States |
|---|---|---|---|
| Approvals | 228 | 5,688 | 342,825 |
| Approvals per 1,000 establishments | 40.3 | 37.6 | 41.0 |
| Median 7(a) approval | $181K | $225K | $190K |
| Median 504 approval | $538K | $553K | $657K |
| Average approval | $444K | $569K | $573K |
| 504 share of approvals | 11.0% | 9.9% | 11.0% |
| Jobs supported per approval, as reported | 9.9 | 11.0 | 10.5 |
| Share of state approvals | 4.0% | 100.0% | — |
Approval sizes
- $50,000 or less17.1%39
- $50,001 to $150,00025.0%57
- $150,001 to $350,00021.1%48
- $350,001 to $1 million28.1%64
- $1 million to $2 million5.7%13
- Over $2 million3.1%7
Age of the businesses
- Existing, more than 2 years old48.2%110
- New business, 2 years or less14.5%33
- Startup, loan funds will open the business25.9%59
- Change of ownership11.4%26
Questions and answers
Which lenders make the most SBA loans in Clay County?
By approvals in FY2021 to FY2025: The Huntington National Bank (24), U.S. Bank, National Association (23), Commerce Bank (13), UMB Bank, National Association (10), Rural Missouri, Inc. (9). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Clay County?
The median 7(a) approval was $181K and the median 504 approval $538K; the Missouri 7(a) median was $225K.
Which industries get the most SBA loans in Clay County?
Restaurants and Other Eating Places (25); General Freight Trucking (18); Other Amusement and Recreation Industries (17); Services to Buildings and Dwellings (7); Specialized Freight Trucking (7).
Is SBA lending in Clay County rising?
Approvals in the three latest complete fiscal years total 129, against 136 in the three before: broadly level (-5%).
How does Clay County compare with the rest of Missouri?
40.3 approvals per 1,000 establishments against 37.6 statewide, and 228 of the state's 5,688 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error