Lenders › Midwest BankCentre
7(a) lenderSaint Louis, MissouriFDIC-insured bank356th of 2,184 by approvals
Midwest BankCentre
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Midwest BankCentre, based in Saint Louis, Missouri, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 85 of its 7(a) loans worth $90.9M in FY2021 to FY2025, which places it 356th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 20 approvals totalling $22.1M, about level with FY2024 (19). FY2026 to 30 Jun 2026 adds 9 more.
The median approval was $785K, against $190K for the 7(a) program as a whole; 1.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 22 states and territories and 46 counties, led by Florida (36.5%), Missouri (25.9%) and Colorado (5.9%). The largest industry group was accommodation and food services at 16.5% of approvals, and 22.4% of approvals were to franchise businesses.
Midwest BankCentre has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 9 | $6.6M | $690K | $737K | 123 |
| FY2025 | 20 | $22.1M | $950K | $1.1M | 224 |
| FY2024 | 19 | $21.1M | $678K | $1.1M | 268 |
| FY2023 | 26 | $26.9M | $596K | $1.0M | 381 |
| FY2022 | 15 | $13.4M | $850K | $894K | 285 |
| FY2021 | 5 | $7.4M | $694K | $1.5M | 178 |
| FY2020 | 3 | $7.2M | $2.1M | $2.4M | 109 |
| FY2019 | 5 | $8.8M | $887K | $1.8M | 163 |
| FY2018 | 2 | — | — | — | 48 |
| FY2017 | 1 | — | — | — | 6 |
| FY2016 | 0 | — | — | — | 0 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 11 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Florida | 7(a) program |
|---|---|---|---|
| Approvals in these years | 34 | 31,863 | 639,905 |
| Cancelled or never disbursed | 5 | 3,596 | 79,313 |
| Disbursed loans | 29 | 28,267 | 560,592 |
| Paid in full | 24 | 20,064 | 435,813 |
| Charged off | 1 | 2,783 | 36,891 |
| Still outstanding (status exempt from disclosure) | 4 | 5,420 | 87,888 |
| Charged off, share of disbursed loans | too few loans | 9.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | too few loans | 3.1% | 2.5% |
| Dollars charged off | — | $442M | $5.70bn |
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $785K | $190K |
| Average approval | $1.1M | $518K |
| Approvals of $150,000 or less | 1.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 35.3% | 34.3% |
| Approvals to franchise businesses | 22.4% | 11.5% |
| Jobs supported per approval, as reported | 15.7 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | too few loans | 6.6% |
States served
| # | State of the business (22 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida | 31 | $33.2M | 36.5% | |
| 2 | Missouri | 22 | $26.3M | 25.9% | |
| 3 | Colorado | 5 | $5.2M | 5.9% | |
| 4 | Texas | 5 | $3.8M | 5.9% | |
| 5 | New Mexico | 2 | — | 2.4% | |
| 6 | Kansas | 2 | — | 2.4% | |
| 7 | North Carolina | 2 | — | 2.4% | |
| 8 | Oklahoma | 2 | — | 2.4% | |
| 9 | Arkansas | 1 | — | 1.2% | |
| 10 | Arizona | 1 | — | 1.2% | |
| 11 | Georgia | 1 | — | 1.2% | |
| 12 | Tennessee | 1 | — | 1.2% |
In Florida the lender accounts for 0.1% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (46 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | St. Louis County, MO | 16 | $18.0M | 18.8% | |
| 2 | Broward County, FL | 9 | $8.9M | 10.6% | |
| 3 | Palm Beach County, FL | 6 | $6.9M | 7.1% | |
| 4 | Collier County, FL | 3 | $7.4M | 3.5% | |
| 5 | Miami-Dade County, FL | 3 | $2.4M | 3.5% | |
| 6 | Boone County, MO | 2 | — | 2.4% | |
| 7 | Johnson County, KS | 2 | — | 2.4% | |
| 8 | Manatee County, FL | 2 | — | 2.4% | |
| 9 | Tarrant County, TX | 2 | — | 2.4% | |
| 10 | St. Louis city, MO | 2 | — | 2.4% | |
| 11 | Pinellas County, FL | 2 | — | 2.4% | |
| 12 | Hillsborough County, FL | 2 | — | 2.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 14 | 16.5% | |
| 2 | Other Services (except Public Administration) | 13 | 15.3% | |
| 3 | Health Care and Social Assistance | 9 | 10.6% | |
| 4 | Retail Trade | 8 | 9.4% | |
| 5 | Manufacturing | 8 | 9.4% | |
| 6 | Professional, Scientific, and Technical Services | 7 | 8.2% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 6 | 7.1% | |
| 8 | Wholesale Trade | 5 | 5.9% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 10 | 11.8% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 5.9% | |
| 3 | Personal Care ServicesNAICS 8121 | 4 | 4.7% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 4 | 4.7% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 3.5% | |
| 6 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 3 | 3.5% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 3 | 3.5% | |
| 8 | Printing and Related Support ActivitiesNAICS 3231 | 3 | 3.5% | |
| 9 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 2 | 2.4% | |
| 10 | Beer, Wine, and Liquor StoresNAICS 4453 | 2 | 2.4% |
Approval sizes
- $50,001 to $150,0001.2%1
- $150,001 to $350,00011.8%10
- $350,001 to $1 million54.1%46
- $1 million to $2 million23.5%20
- Over $2 million9.4%8
Loan terms
- 5 years or less2.4%2
- Over 5 to 10 years51.8%44
- Over 10 to 20 years15.3%13
- Over 20 years30.6%26
Age of the businesses
- Existing, more than 2 years old37.6%32
- New business, 2 years or less14.1%12
- Startup, loan funds will open the business21.2%18
- Change of ownership27.1%23
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 62 | 72.9% | |
| 2 | 7a General | 17 | 20.0% | |
| 3 | International Trade Loans | 3 | 3.5% | |
| 4 | 7a with EWCP | 2 | 2.4% | |
| 5 | SBA Express Program | 1 | 1.2% |
Franchise share
19 of 85 approvals in FY2021–FY2025 (22.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Schlotzsky's | 1 | 1.2% | |
| 2 | Play It Again Sports | 1 | 1.2% | |
| 3 | Ace Pickleball Club | 1 | 1.2% | |
| 4 | Servpro | 1 | 1.2% | |
| 5 | Generator Supercenter | 1 | 1.2% | |
| 6 | Massage Luxe | 1 | 1.2% | |
| 7 | Budget Blinds | 1 | 1.2% | |
| 8 | Sankalp: The Taste of India | 1 | 1.2% |
Questions and answers
How many SBA loans does Midwest BankCentre make?
SBA approved 20 7(a) loans through Midwest BankCentre in FY2025, worth $22.1M, and 85 over FY2021 to FY2025. That ranks 356th of 2,184 active 7(a) lenders by number of approvals.
How large are Midwest BankCentre's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $785K and the average $1.1M. The program-wide median was $190K.
What is Midwest BankCentre's charge-off rate?
Midwest BankCentre has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Midwest BankCentre lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (10); automotive repair and maintenance (5); personal care services (4); services to buildings and dwellings (4).
Where does Midwest BankCentre make SBA loans?
In 22 states and territories. Florida 31, Missouri 22, Colorado 5, Texas 5, New Mexico 2. In Florida it accounts for 0.1% of all 7(a) approvals.
Is Midwest BankCentre's SBA lending rising?
Approvals in the three latest complete fiscal years total 65, against 23 in the three before: rising (+183%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error