Lenders › Midwest Regional Bank
7(a) lenderFestus, MissouriFDIC-insured bank75th of 2,184 by approvals
Midwest Regional Bank
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 Regional Bank, based in Festus, Missouri, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 526 of its 7(a) loans worth $536M in FY2021 to FY2025, which places it 75th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 110 approvals totalling $118M, up 11% on FY2024 (99). FY2026 to 30 Jun 2026 adds 72 more.
The median approval was $613K, against $190K for the 7(a) program as a whole; 3.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 14 states and territories and 128 counties, led by Texas (27.4%), Arizona (18.6%) and Missouri (17.9%). The largest industry group was accommodation and food services at 17.7% of approvals, and 15.4% of approvals were to franchise businesses.
Of 911 disbursed loans approved in FY2010 to FY2021, SBA records 96 as charged off (10.5%), 498 as paid in full and 317 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it.
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* | 72 | $48.4M | $453K | $672K | 859 |
| FY2025 | 110 | $118M | $649K | $1.1M | 1,793 |
| FY2024 | 99 | $115M | $709K | $1.2M | 1,887 |
| FY2023 | 99 | $118M | $681K | $1.2M | 2,104 |
| FY2022 | 85 | $70.0M | $515K | $824K | 1,273 |
| FY2021 | 133 | $114M | $497K | $858K | 1,777 |
| FY2020 | 148 | $96.4M | $364K | $651K | 1,769 |
| FY2019 | 210 | $133M | $369K | $635K | 2,930 |
| FY2018 | 180 | $115M | $374K | $639K | 2,091 |
| FY2017 | 101 | $88.8M | $500K | $879K | 1,487 |
| FY2016 | 84 | $83.0M | $558K | $988K | 1,291 |
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 723 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 | Texas | 7(a) program |
|---|---|---|---|
| Approvals in these years | 1,049 | 48,931 | 639,905 |
| Cancelled or never disbursed | 138 | 5,758 | 79,313 |
| Disbursed loans | 911 | 43,173 | 560,592 |
| Paid in full | 498 | 31,848 | 435,813 |
| Charged off | 96 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 317 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 10.5% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 5.5% | 2.9% | 2.5% |
| Dollars charged off | $39.0M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 112 | 45 | 3 | 2.7% | 2.8% |
| FY2020 | 121 | 51 | 11 | 9.1% | 4.0% |
| FY2019 | 179 | 79 | 28 | 15.6% | 6.7% |
| FY2018 | 163 | 80 | 15 | 9.2% | 7.9% |
| FY2017 | 85 | 57 | 7 | 8.2% | 7.7% |
| FY2016 | 79 | 56 | 7 | 8.9% | 7.2% |
| FY2015 | 51 | 37 | 7 | 13.7% | 6.9% |
| FY2014 | 39 | 32 | 4 | 10.3% | 6.4% |
| FY2013 | 27 | 17 | 3 | — | 6.0% |
| FY2012 | 23 | 18 | 5 | — | 6.3% |
| FY2011 | 26 | 22 | 4 | — | 6.9% |
| FY2010 | 6 | 4 | 2 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $613K | $190K |
| Average approval | $1.0M | $518K |
| Approvals of $150,000 or less | 3.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 40.9% | 34.3% |
| Approvals to franchise businesses | 15.4% | 11.5% |
| Jobs supported per approval, as reported | 16.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 10.5% | 6.6% |
States served
| # | State of the business (14 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 144 | $147M | 27.4% | |
| 2 | Arizona | 98 | $92.6M | 18.6% | |
| 3 | Missouri | 94 | $95.7M | 17.9% | |
| 4 | Florida | 88 | $79.6M | 16.7% | |
| 5 | Colorado | 76 | $98.6M | 14.4% | |
| 6 | Illinois | 14 | $8.3M | 2.7% | |
| 7 | North Carolina | 4 | $4.2M | 0.8% | |
| 8 | South Carolina | 2 | — | 0.4% | |
| 9 | Kentucky | 1 | — | 0.2% | |
| 10 | Mississippi | 1 | — | 0.2% | |
| 11 | Kansas | 1 | — | 0.2% | |
| 12 | Tennessee | 1 | — | 0.2% |
In Texas the lender accounts for 0.6% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (128 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Maricopa County, AZ | 68 | $60.8M | 12.9% | |
| 2 | St. Louis County, MO | 32 | $46.0M | 6.1% | |
| 3 | St. Charles County, MO | 21 | $20.1M | 4.0% | |
| 4 | Harris County, TX | 19 | $20.3M | 3.6% | |
| 5 | Dallas County, TX | 19 | $18.4M | 3.6% | |
| 6 | Denver County, CO | 19 | $15.4M | 3.6% | |
| 7 | St. Louis city, MO | 18 | $10.2M | 3.4% | |
| 8 | Denton County, TX | 15 | $10.7M | 2.9% | |
| 9 | Pima County, AZ | 13 | $13.2M | 2.5% | |
| 10 | Miami-Dade County, FL | 12 | $12.2M | 2.3% | |
| 11 | Tarrant County, TX | 12 | $8.8M | 2.3% | |
| 12 | Collin County, TX | 11 | $11.1M | 2.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 93 | 17.7% | |
| 2 | Other Services (except Public Administration) | 71 | 13.5% | |
| 3 | Retail Trade | 59 | 11.2% | |
| 4 | Health Care and Social Assistance | 55 | 10.5% | |
| 5 | Arts, Entertainment, and Recreation | 47 | 8.9% | |
| 6 | Manufacturing | 43 | 8.2% | |
| 7 | Construction | 38 | 7.2% | |
| 8 | Professional, Scientific, and Technical Services | 32 | 6.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 79 | 15.0% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 40 | 7.6% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 34 | 6.5% | |
| 4 | Child Day Care ServicesNAICS 6244 | 29 | 5.5% | |
| 5 | Personal Care ServicesNAICS 8121 | 16 | 3.0% | |
| 6 | Nonresidential Building ConstructionNAICS 2362 | 11 | 2.1% | |
| 7 | Services to Buildings and DwellingsNAICS 5617 | 10 | 1.9% | |
| 8 | Other Personal ServicesNAICS 8129 | 10 | 1.9% | |
| 9 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 8 | 1.5% | |
| 10 | Drycleaning and Laundry ServicesNAICS 8123 | 8 | 1.5% |
Approval sizes
- $50,001 to $150,0003.6%19
- $150,001 to $350,00020.2%106
- $350,001 to $1 million44.7%235
- $1 million to $2 million18.4%97
- Over $2 million13.1%69
Loan terms
- Over 5 to 10 years48.7%256
- Over 10 to 20 years17.5%92
- Over 20 years33.8%178
Age of the businesses
- Existing, more than 2 years old31.6%166
- New business, 2 years or less7.4%39
- Startup, loan funds will open the business33.5%176
- Change of ownership27.2%143
- Not answered0.4%2
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 7a General | 396 | 75.3% | |
| 2 | Preferred Lenders Program | 112 | 21.3% | |
| 3 | Working Capital CAPLine | 11 | 2.1% | |
| 4 | International Trade Loans | 7 | 1.3% |
Franchise share
81 of 526 approvals in FY2021–FY2025 (15.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Hotworx | 6 | 1.1% | |
| 2 | Crumbl | 3 | 0.6% | |
| 3 | PJ's Coffee of New Orleans | 3 | 0.6% | |
| 4 | Premier Martial Arts Studio | 3 | 0.6% | |
| 5 | J.F. Presley Oil Company | 2 | 0.4% | |
| 6 | Montessori Kids Universe | 2 | 0.4% | |
| 7 | PickUp USA | 2 | 0.4% | |
| 8 | Jersey Mike’s Subs | 2 | 0.4% |
Questions and answers
How many SBA loans does Midwest Regional Bank make?
SBA approved 110 7(a) loans through Midwest Regional Bank in FY2025, worth $118M, and 526 over FY2021 to FY2025. That ranks 75th of 2,184 active 7(a) lenders by number of approvals.
How large are Midwest Regional Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $613K and the average $1.0M. The program-wide median was $190K.
What is Midwest Regional Bank's charge-off rate?
Of 911 disbursed loans approved in FY2010 to FY2021, SBA records 96 as charged off (10.5%), 498 as paid in full and 317 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it. 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 Regional Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (79); other amusement and recreation industries (40); automotive repair and maintenance (34); child day care services (29).
Where does Midwest Regional Bank make SBA loans?
In 14 states and territories. Texas 144, Arizona 98, Missouri 94, Florida 88, Colorado 76. In Texas it accounts for 0.6% of all 7(a) approvals.
Is Midwest Regional Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 308, against 366 in the three before: falling (-16%).
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