FY20211 Oct 2020 – 30 Sep 2021
SBA loans in Missouri, FY2021
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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 1,222 loans in Missouri: 1,063 under 7(a) and 159 under 504, worth $744M.
That is up 37% on FY2020, when there were 892 approvals worth $428M.
Missouri accounted for 2.0% of the 61,532 approvals nationwide that year. 164 lenders had at least one approval in the state; OakStar Bank had the most, 98.
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 FY2021, of 164 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|---|
| 1 | OakStar Bank | 7(a) | 98 | $81.4M | 8.0% | 45 | +53 |
| 2 | Rural Missouri, Inc. | 504 | 65 | $46.6M | 5.3% | 49 | +16 |
| 3 | The Central Trust Bank | 7(a) | 57 | $19.4M | 4.7% | 26 | +31 |
| 4 | U.S. Bank, National Association | 7(a) | 48 | $6.1M | 3.9% | 107 | -59 |
| 5 | Guaranty Bank | 7(a) | 45 | $20.0M | 3.7% | 37 | +8 |
| 6 | St. Charles County Economic Development Council | 504 | 42 | $28.3M | 3.4% | 26 | +16 |
| 7 | Commerce Bank | 7(a) | 42 | $12.2M | 3.4% | 23 | +19 |
| 8 | The Bank of Missouri | 7(a) | 40 | $13.7M | 3.3% | 36 | +4 |
| 9 | Legacy Bank & Trust Company | 7(a) | 30 | $14.6M | 2.5% | 32 | -2 |
| 10 | Regent Bank | 7(a) | 28 | $10.7M | 2.3% | 14 | +14 |
| 11 | American Bank of Freedom | 7(a) | 22 | $27.4M | 1.8% | 12 | +10 |
| 12 | Montgomery Bank | 7(a) | 22 | $3.0M | 1.8% | 6 | +16 |
| 13 | Southern Bank | 7(a) | 21 | $18.2M | 1.7% | 14 | +7 |
| 14 | United Midwest Savings Bank National Association | 7(a) | 20 | $4.6M | 1.6% | 8 | +12 |
| 15 | Midwest Regional Bank | 7(a) | 19 | $21.3M | 1.6% | 26 | -7 |
| 16 | Arvest Bank | 7(a) | 19 | $5.7M | 1.6% | 21 | -2 |
| 17 | UMB Bank, National Association | 7(a) | 17 | $13.7M | 1.4% | 12 | +5 |
| 18 | Hawthorn Bank | 7(a) | 17 | $3.9M | 1.4% | 24 | -7 |
| 19 | The Bank of Houston | 7(a) | 16 | $16.5M | 1.3% | 6 | +10 |
| 20 | Heartland Business Capital, Inc. | 504 | 16 | $13.4M | 1.3% | 10 | +6 |
| 21 | St. Louis Bank | 7(a) | 14 | $11.0M | 1.1% | 10 | +4 |
| 22 | Regions Bank | 7(a) | 14 | $7.1M | 1.1% | 5 | +9 |
| 23 | The Callaway Bank | 7(a) | 14 | $2.1M | 1.1% | 9 | +5 |
| 24 | Live Oak Banking Company | 7(a) | 13 | $23.3M | 1.1% | 9 | +4 |
| 25 | Enterprise Development Corporation | 504 | 13 | $6.4M | 1.1% | 6 | +7 |
| 26 | Justine Petersen Housing & Reinvestment Corporation | 7(a) | 13 | $1.4M | 1.1% | 14 | -1 |
| 27 | Busey Bank | 7(a) | 12 | $15.2M | 1.0% | 8 | +4 |
| 28 | Enterprise Bank & Trust | 7(a) | 12 | $14.6M | 1.0% | 8 | +4 |
| 29 | Banterra Bank | 7(a) | 12 | $5.9M | 1.0% | 0 | new |
| 30 | Farmers and Merchants Bank of St. Clair | 7(a) | 11 | $4.0M | 0.9% | 5 | +6 |
| 31 | Newtek Small Business Finance, Inc. | 7(a) | 11 | $3.4M | 0.9% | 4 | +7 |
| 32 | Midland States Bank | 7(a) | 11 | $3.3M | 0.9% | 0 | new |
| 33 | Branson Bank | 7(a) | 11 | $2.8M | 0.9% | 6 | +5 |
| 34 | Bank of Springfield | 7(a) | 10 | $3.1M | 0.8% | 3 | +7 |
| 35 | Community Banks of Colorado, A Division of NBH Bank | 7(a) | 9 | $8.9M | 0.7% | 0 | new |
| 36 | Bank of Franklin County | 7(a) | 9 | $6.7M | 0.7% | 3 | +6 |
| 37 | St. Clair County State Bank | 7(a) | 9 | $1.4M | 0.7% | 1 | +8 |
| 38 | Small Business Growth Corporation | 504 | 8 | $15.3M | 0.7% | 1 | +7 |
| 39 | Equity Bank | 7(a) | 8 | $5.4M | 0.7% | 2 | +6 |
| 40 | First National Bank of Omaha | 7(a) | 8 | $3.8M | 0.7% | 7 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|
| 1 | St. Louis County | 196 | $149M | 16.0% | 140 | +56 |
| 2 | Jackson County | 152 | $117M | 12.4% | 105 | +47 |
| 3 | Greene County | 123 | $75.0M | 10.1% | 81 | +42 |
| 4 | St. Charles County | 83 | $52.8M | 6.8% | 56 | +27 |
| 5 | St. Louis city | 56 | $30.9M | 4.6% | 47 | +9 |
| 6 | Boone County | 56 | $18.7M | 4.6% | 45 | +11 |
| 7 | Clay County | 56 | $27.1M | 4.6% | 37 | +19 |
| 8 | Jasper County | 43 | $21.6M | 3.5% | 28 | +15 |
| 9 | Christian County | 29 | $20.1M | 2.4% | 30 | -1 |
| 10 | Taney County | 28 | $13.6M | 2.3% | 23 | +5 |
| 11 | Jefferson County | 27 | $14.8M | 2.2% | 16 | +11 |
| 12 | Franklin County | 21 | $11.3M | 1.7% | 13 | +8 |
| 13 | Platte County | 18 | $17.9M | 1.5% | 23 | -5 |
| 14 | Callaway County | 17 | $3.7M | 1.4% | 9 | +8 |
| 15 | Camden County | 14 | $7.5M | 1.1% | 11 | +3 |
| 16 | Cass County | 14 | $5.6M | 1.1% | 9 | +5 |
| 17 | Cole County | 13 | $9.6M | 1.1% | 15 | -2 |
| 18 | Johnson County | 13 | $5.1M | 1.1% | 10 | +3 |
| 19 | Newton County | 12 | $5.7M | 1.0% | 9 | +3 |
| 20 | Miller County | 12 | $9.1M | 1.0% | 2 | +10 |
| 21 | Lawrence County | 11 | $4.0M | 0.9% | 9 | +2 |
| 22 | Laclede County | 10 | $4.1M | 0.8% | 11 | -1 |
| 23 | Buchanan County | 10 | $8.0M | 0.8% | 10 | 0 |
| 24 | Lafayette County | 10 | $1.9M | 0.8% | 3 | +7 |
| 25 | Audrain County | 9 | $2.3M | 0.7% | 5 | +4 |
| 26 | Polk County | 9 | $3.1M | 0.7% | 10 | -1 |
| 27 | Stone County | 8 | $4.7M | 0.7% | 8 | 0 |
| 28 | Henry County | 8 | $2.7M | 0.7% | 2 | +6 |
| 29 | St. Francois County | 7 | $5.8M | 0.6% | 8 | -1 |
| 30 | Phelps County | 7 | $1.7M | 0.6% | 4 | +3 |
| 31 | Cedar County | 7 | $2.3M | 0.6% | 0 | new |
| 32 | Barry County | 6 | $6.1M | 0.5% | 2 | +4 |
| 33 | Webster County | 6 | $2.4M | 0.5% | 7 | -1 |
| 34 | Randolph County | 6 | $7.4M | 0.5% | 6 | 0 |
| 35 | St. Clair County | 6 | $1.2M | 0.5% | 1 | +5 |
| 36 | McDonald County | 6 | $4.3M | 0.5% | 4 | +2 |
| 37 | Barton County | 6 | $9.4M | 0.5% | 2 | +4 |
| 38 | Pulaski County | 6 | $1.9M | 0.5% | 5 | +1 |
| 39 | Marion County | 6 | $5.5M | 0.5% | 2 | +4 |
| 40 | Cape Girardeau County | 6 | $2.1M | 0.5% | 2 | +4 |
The 40 counties with the most approvals; every county is on the Missouri page.
FY2021 against FY2020
| Missouri | FY2021 | FY2020 |
|---|---|---|
| 7(a) approvals | 1,063 | 788 |
| 7(a) dollars | $625M | $354M |
| Median 7(a) approval | $305K | $173K |
| 504 approvals | 159 | 104 |
| 504 dollars | $119M | $73.0M |
| Jobs supported, as reported | 14,479 | 10,533 |
Questions and answers
Which lenders made the most SBA loans in Missouri in FY2021?
OakStar Bank (98), Rural Missouri, Inc. (65), The Central Trust Bank (57), U.S. Bank, National Association (48), Guaranty Bank (45). 164 lenders had at least one approval.
How many SBA loans were approved in Missouri in FY2021?
1,222: 1,063 under 7(a) worth $625M and 159 under 504 worth $119M.
Which Missouri counties had the most SBA approvals in FY2021?
St. Louis County (196), Jackson County (152), Greene County (123), St. Charles County (83), St. Louis city (56).
When does FY2021 start and end?
The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.
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