FY20181 Oct 2017 – 30 Sep 2018
SBA loans in Missouri, FY2018
That fiscal year's approvals by lender and by county.
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.
In FY2018 (1 October 2017 to 30 September 2018) SBA approved 1,049 loans in Missouri: 938 under 7(a) and 111 under 504, worth $506M.
That is down 10% on FY2017, when there were 1,170 approvals worth $486M.
Missouri accounted for 1.6% of the 66,228 approvals nationwide that year. 142 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 113.
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.
Approvals by lender
The 40 lenders with the most approvals to Missouri businesses in FY2018, of 142 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 113 | $10.7M | 10.8% | 109 | +4 |
| 2 | OakStar Bank | 7(a) | 56 | $32.1M | 5.3% | 52 | +4 |
| 3 | The Bank of Missouri | 7(a) | 55 | $17.2M | 5.2% | 95 | -40 |
| 4 | Simmons Bank | 7(a) | 44 | $20.0M | 4.2% | 86 | -42 |
| 5 | Rural Missouri, Inc. | 504 | 35 | $24.2M | 3.3% | 35 | 0 |
| 6 | Guaranty Bank | 7(a) | 35 | $15.2M | 3.3% | 29 | +6 |
| 7 | St. Charles County Economic Development Council | 504 | 33 | $19.3M | 3.1% | 38 | -5 |
| 8 | Midwest Regional Bank | 7(a) | 32 | $21.9M | 3.1% | 26 | +6 |
| 9 | Busey Bank | 7(a) | 31 | $23.4M | 3.0% | 32 | -1 |
| 10 | Commerce Bank | 7(a) | 29 | $7.1M | 2.8% | 37 | -8 |
| 11 | American Bank of Freedom | 7(a) | 26 | $25.1M | 2.5% | 7 | +19 |
| 12 | The Central Trust Bank | 7(a) | 24 | $4.7M | 2.3% | 26 | -2 |
| 13 | PNC Bank, National Association | 7(a) | 20 | $2.2M | 1.9% | 9 | +11 |
| 14 | UMB Bank, National Association | 7(a) | 19 | $8.1M | 1.8% | 37 | -18 |
| 15 | Independence Bank | 7(a) | 18 | $2.1M | 1.7% | 11 | +7 |
| 16 | Northeast Bank | 7(a) | 15 | $5.3M | 1.4% | 9 | +6 |
| 17 | Live Oak Banking Company | 7(a) | 13 | $22.7M | 1.2% | 15 | -2 |
| 18 | Wells Fargo Bank National Association | 7(a) | 13 | $9.6M | 1.2% | 18 | -5 |
| 19 | BayFirst National Bank | 7(a) | 13 | $2.9M | 1.2% | 15 | -2 |
| 20 | BMO Bank National Association | 7(a) | 13 | $2.5M | 1.2% | 16 | -3 |
| 21 | Core Bank | 7(a) | 12 | $14.1M | 1.1% | 2 | +10 |
| 22 | Southern Bank | 7(a) | 12 | $9.7M | 1.1% | 25 | -13 |
| 23 | Celtic Bank Corporation | 7(a) | 12 | $8.8M | 1.1% | 18 | -6 |
| 24 | Enterprise Bank & Trust | 7(a) | 12 | $3.3M | 1.1% | 8 | +4 |
| 25 | Hawthorn Bank | 7(a) | 12 | $2.2M | 1.1% | 29 | -17 |
| 26 | Enterprise Development Corporation | 504 | 11 | $10.9M | 1.0% | 8 | +3 |
| 27 | Arvest Bank | 7(a) | 11 | $3.8M | 1.0% | 17 | -6 |
| 28 | Mid-Missouri Bank | 7(a) | 11 | $1.5M | 1.0% | 13 | -2 |
| 29 | Belgrade State Bank | 7(a) | 10 | $3.1M | 1.0% | 7 | +3 |
| 30 | Legacy Bank & Trust Company | 7(a) | 9 | $2.1M | 0.9% | 0 | new |
| 31 | Bank of America, National Association | 7(a) | 8 | $9.6M | 0.8% | 4 | +4 |
| 32 | STL Partnership CDC | 504 | 8 | $4.8M | 0.8% | 11 | -3 |
| 33 | Small Business Growth Corporation | 504 | 8 | $4.0M | 0.8% | 2 | +6 |
| 34 | Scott Credit Union | 7(a) | 8 | $2.7M | 0.8% | 9 | -1 |
| 35 | Farmers and Merchants Bank of St. Clair | 7(a) | 8 | $2.4M | 0.8% | 24 | -16 |
| 36 | The Huntington National Bank | 7(a) | 8 | $2.2M | 0.8% | 7 | +1 |
| 37 | Regions Bank | 7(a) | 7 | $5.7M | 0.7% | 17 | -10 |
| 38 | Heartland Business Capital, Inc. | 504 | 7 | $2.4M | 0.7% | 10 | -3 |
| 39 | United Midwest Savings Bank National Association | 7(a) | 7 | $1.1M | 0.7% | 3 | +4 |
| 40 | Justine Petersen Housing & Reinvestment Corporation | 7(a) | 7 | $639K | 0.7% | 7 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | St. Louis County | 207 | $109M | 19.7% | 192 | +15 |
| 2 | Greene County | 120 | $46.0M | 11.4% | 126 | -6 |
| 3 | Jackson County | 98 | $60.0M | 9.3% | 134 | -36 |
| 4 | St. Charles County | 91 | $57.1M | 8.7% | 91 | 0 |
| 5 | St. Louis city | 53 | $21.6M | 5.1% | 62 | -9 |
| 6 | Boone County | 39 | $22.0M | 3.7% | 53 | -14 |
| 7 | Jasper County | 37 | $10.3M | 3.5% | 25 | +12 |
| 8 | Christian County | 37 | $10.4M | 3.5% | 34 | +3 |
| 9 | Clay County | 35 | $23.7M | 3.3% | 35 | 0 |
| 10 | Jefferson County | 21 | $12.9M | 2.0% | 22 | -1 |
| 11 | Taney County | 21 | $14.5M | 2.0% | 36 | -15 |
| 12 | Franklin County | 20 | $7.6M | 1.9% | 32 | -12 |
| 13 | St. Francois County | 15 | $2.8M | 1.4% | 12 | +3 |
| 14 | Platte County | 14 | $10.1M | 1.3% | 18 | -4 |
| 15 | Buchanan County | 14 | $8.6M | 1.3% | 11 | +3 |
| 16 | Cole County | 11 | $1.9M | 1.0% | 26 | -15 |
| 17 | Cass County | 11 | $4.5M | 1.0% | 14 | -3 |
| 18 | Newton County | 10 | $4.1M | 1.0% | 9 | +1 |
| 19 | Webster County | 10 | $2.1M | 1.0% | 11 | -1 |
| 20 | Stone County | 10 | $1.4M | 1.0% | 6 | +4 |
| 21 | Laclede County | 9 | $2.3M | 0.9% | 11 | -2 |
| 22 | Camden County | 9 | $4.2M | 0.9% | 7 | +2 |
| 23 | Polk County | 9 | $1.8M | 0.9% | 1 | +8 |
| 24 | Pulaski County | 8 | $9.1M | 0.8% | 3 | +5 |
| 25 | Lincoln County | 8 | $3.6M | 0.8% | 11 | -3 |
| 26 | Lafayette County | 8 | $6.5M | 0.8% | 3 | +5 |
| 27 | Scott County | 8 | $1.4M | 0.8% | 9 | -1 |
| 28 | Johnson County | 7 | $5.0M | 0.7% | 9 | -2 |
| 29 | Cape Girardeau County | 7 | $3.5M | 0.7% | 19 | -12 |
| 30 | Pettis County | 7 | $3.0M | 0.7% | 3 | +4 |
| 31 | Audrain County | 6 | $525K | 0.6% | 5 | +1 |
| 32 | Randolph County | 5 | $1.7M | 0.5% | 4 | +1 |
| 33 | Stoddard County | 5 | $1.7M | 0.5% | 3 | +2 |
| 34 | Callaway County | 5 | $2.4M | 0.5% | 14 | -9 |
| 35 | Andrew County | 4 | $1.8M | 0.4% | 1 | +3 |
| 36 | Crawford County | 4 | $849K | 0.4% | 1 | +3 |
| 37 | Lawrence County | 3 | $260K | 0.3% | 9 | -6 |
| 38 | McDonald County | 3 | $709K | 0.3% | 5 | -2 |
| 39 | Montgomery County | 3 | $448K | 0.3% | 0 | new |
| 40 | Warren County | 3 | $739K | 0.3% | 4 | -1 |
The 40 counties with the most approvals; every county is on the Missouri page.
FY2018 against FY2017
| Missouri | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 938 | 1,048 |
| 7(a) dollars | $438M | $419M |
| Median 7(a) approval | $175K | $150K |
| 504 approvals | 111 | 122 |
| 504 dollars | $68.8M | $67.1M |
| Jobs supported, as reported | 11,365 | 12,513 |
Questions and answers
Which lenders made the most SBA loans in Missouri in FY2018?
U.S. Bank, National Association (113), OakStar Bank (56), The Bank of Missouri (55), Simmons Bank (44), Rural Missouri, Inc. (35). 142 lenders had at least one approval.
How many SBA loans were approved in Missouri in FY2018?
1,049: 938 under 7(a) worth $438M and 111 under 504 worth $68.8M.
Which Missouri counties had the most SBA approvals in FY2018?
St. Louis County (207), Greene County (120), Jackson County (98), St. Charles County (91), St. Louis city (53).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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