States › Missouri › Phelps County
County28th of 106 in Missouri by approvalsFIPS 29161
SBA loans in Phelps 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.
Businesses in Phelps County, Missouri, received 33 SBA loan approvals worth $19.5M in FY2021 to FY2025 (28 7(a), 5 504).
That is 31.4 approvals per 1,000 business establishments (1,050 establishments in 2023), below the Missouri figure of 37.6 and below the national 41.0.
It ranks 28th of 106 Missouri counties with approvals. In FY2025 there were 12.
19 lenders had approvals here; the most active were Live Oak Banking Company (5), Guaranty Bank (3) and FCNB Bank (3). The most common industry was other amusement and recreation industries.
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 Phelps County
By number of approvals to businesses in the county, FY2021–FY2025; 19 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking CompanyWilmington, NC | 5 | $5.5M | 15.2% | |
| 2 | Guaranty BankSpringfield, MO | 3 | $1.2M | 9.1% | |
| 3 | FCNB BankSteelville, MO | 3 | $341K | 9.1% | |
| 4 | VelocitySBA, LLCIrving, TX | 2 | — | 6.1% | |
| 5 | The Callaway BankFulton, MO | 2 | — | 6.1% | |
| 6 | The Huntington National BankColumbus, OH | 2 | — | 6.1% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 1 | — | 3.0% | |
| 8 | Arvest BankFayetteville, AR | 1 | — | 3.0% | |
| 9 | Rural Missouri, Inc.Jefferson City, MO · CDC | 1 | — | 3.0% | |
| 10 | First State Community BankFarmington, MO | 1 | — | 3.0% | |
| 11 | Four States Bank, Inc.Carthage, MO | 1 | — | 3.0% | |
| 12 | The Bank of MissouriPerryville, MO | 1 | — | 3.0% | |
| 13 | JPMorgan Chase Bank, National AssociationColumbus, OH | 1 | — | 3.0% | |
| 14 | Enterprise Development CorporationColumbia, MO · CDC | 1 | — | 3.0% | |
| 15 | UniBankLynnwood, WA | 1 | — | 3.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 12.1% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 9.1% | |
| 3 | Lessors of Real EstateNAICS 5311 | 3 | 9.1% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 2 | 6.1% | |
| 5 | Personal Care ServicesNAICS 8121 | 2 | 6.1% | |
| 6 | Support Activities for Road TransportationNAICS 4884 | 2 | 6.1% | |
| 7 | Other Chemical Product and Preparation ManufacturingNAICS 3259 | 1 | 3.0% | |
| 8 | Death Care ServicesNAICS 8122 | 1 | 3.0% | |
| 9 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 1 | 3.0% | |
| 10 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 1 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Services (except Public Administration) | 4 | 12.1% | |
| 2 | Arts, Entertainment, and Recreation | 4 | 12.1% | |
| 3 | Retail Trade | 4 | 12.1% | |
| 4 | Transportation and Warehousing | 4 | 12.1% | |
| 5 | Manufacturing | 3 | 9.1% | |
| 6 | Accommodation and Food Services | 3 | 9.1% | |
| 7 | Real Estate and Rental and Leasing | 3 | 9.1% | |
| 8 | Construction | 3 | 9.1% |
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* | 3 | $329K | $100K | 0 | — | 3 | 9 |
| FY2025 | 12 | $8.6M | $293K | 0 | — | 12 | 317 |
| FY2024 | 3 | $4.6M | $500K | 0 | — | 3 | 38 |
| FY2023 | 3 | $946K | $167K | 0 | — | 3 | 22 |
| FY2022 | 4 | $2.0M | $466K | 4 | $1.7M | 8 | 62 |
| FY2021 | 6 | $1.5M | $173K | 1 | — | 7 | 51 |
| FY2020 | 4 | $2.3M | $584K | 0 | — | 4 | 62 |
| FY2019 | 2 | — | — | 0 | — | 2 | 16 |
| FY2018 | 0 | — | — | 1 | — | 1 | 10 |
| FY2017 | 4 | $2.8M | $101K | 0 | — | 4 | 32 |
| FY2016 | 2 | — | — | 0 | — | 2 | 16 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 13 approvals.
Against Missouri and the country
| FY2021–FY2025 | Phelps County | Missouri | United States |
|---|---|---|---|
| Approvals | 33 | 5,688 | 342,825 |
| Approvals per 1,000 establishments | 31.4 | 37.6 | 41.0 |
| Median 7(a) approval | $278K | $225K | $190K |
| Median 504 approval | $345K | $553K | $657K |
| Average approval | $592K | $569K | $573K |
| 504 share of approvals | 15.2% | 9.9% | 11.0% |
| Jobs supported per approval, as reported | 14.8 | 11.0 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less6.1%2
- $50,001 to $150,00027.3%9
- $150,001 to $350,00030.3%10
- $350,001 to $1 million27.3%9
- $1 million to $2 million3.0%1
- Over $2 million6.1%2
Age of the businesses
- Existing, more than 2 years old48.5%16
- New business, 2 years or less15.2%5
- Startup, loan funds will open the business27.3%9
- Change of ownership9.1%3
Questions and answers
Which lenders make the most SBA loans in Phelps County?
By approvals in FY2021 to FY2025: Live Oak Banking Company (5), Guaranty Bank (3), FCNB Bank (3), VelocitySBA, LLC (2), The Callaway Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Phelps County?
The median 7(a) approval was $278K and the median 504 approval $345K; the Missouri 7(a) median was $225K.
Which industries get the most SBA loans in Phelps County?
Other Amusement and Recreation Industries (4); Restaurants and Other Eating Places (3); Lessors of Real Estate (3); Building Equipment Contractors (2); Personal Care Services (2).
Is SBA lending in Phelps County rising?
Approvals in the three latest complete fiscal years total 18, against 19 in the three before: broadly level (-5%).
How does Phelps County compare with the rest of Missouri?
31.4 approvals per 1,000 establishments against 37.6 statewide, and 33 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