FY20231 Oct 2022 – 30 Sep 2023
SBA loans in Missouri, FY2023
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 FY2023 (1 October 2022 to 30 September 2023) SBA approved 988 loans in Missouri: 898 under 7(a) and 90 under 504, worth $586M.
That is down 8% on FY2022, when there were 1,069 approvals worth $534M.
Missouri accounted for 1.6% of the 63,286 approvals nationwide that year. 168 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 79.
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 FY2023, of 168 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 79 | $12.0M | 8.0% | 74 | +5 |
| 2 | OakStar Bank | 7(a) | 67 | $58.3M | 6.8% | 66 | +1 |
| 3 | The Central Trust Bank | 7(a) | 55 | $9.0M | 5.6% | 51 | +4 |
| 4 | The Huntington National Bank | 7(a) | 44 | $10.7M | 4.5% | 32 | +12 |
| 5 | Rural Missouri, Inc. | 504 | 36 | $38.9M | 3.6% | 86 | -50 |
| 6 | BayFirst National Bank | 7(a) | 34 | $4.2M | 3.4% | 6 | +28 |
| 7 | Regent Bank | 7(a) | 27 | $14.4M | 2.7% | 22 | +5 |
| 8 | St. Charles County Economic Development Council | 504 | 24 | $18.5M | 2.4% | 9 | +15 |
| 9 | Commerce Bank | 7(a) | 24 | $9.3M | 2.4% | 27 | -3 |
| 10 | The Bank of Missouri | 7(a) | 21 | $8.6M | 2.1% | 46 | -25 |
| 11 | Midwest Regional Bank | 7(a) | 20 | $19.0M | 2.0% | 19 | +1 |
| 12 | Arvest Bank | 7(a) | 20 | $6.7M | 2.0% | 18 | +2 |
| 13 | Small Business Bank | 7(a) | 15 | $8.4M | 1.5% | 14 | +1 |
| 14 | Equity Bank | 7(a) | 15 | $6.1M | 1.5% | 11 | +4 |
| 15 | Live Oak Banking Company | 7(a) | 14 | $35.0M | 1.4% | 21 | -7 |
| 16 | Legacy Bank & Trust Company | 7(a) | 14 | $3.9M | 1.4% | 27 | -13 |
| 17 | Newtek Small Business Finance, Inc. | 7(a) | 13 | $4.0M | 1.3% | 17 | -4 |
| 18 | St. Louis Bank | 7(a) | 12 | $9.8M | 1.2% | 15 | -3 |
| 19 | The Callaway Bank | 7(a) | 12 | $2.7M | 1.2% | 17 | -5 |
| 20 | Guaranty Bank | 7(a) | 12 | $2.4M | 1.2% | 27 | -15 |
| 21 | Hawthorn Bank | 7(a) | 12 | $1.5M | 1.2% | 14 | -2 |
| 22 | OMB Bank | 7(a) | 11 | $7.7M | 1.1% | 6 | +5 |
| 23 | Simmons Bank | 7(a) | 11 | $7.1M | 1.1% | 8 | +3 |
| 24 | Southern Bank | 7(a) | 11 | $4.0M | 1.1% | 12 | -1 |
| 25 | Newtek Bank, National Association | 7(a) | 11 | $2.4M | 1.1% | 0 | new |
| 26 | The Bank of Houston | 7(a) | 9 | $5.3M | 0.9% | 20 | -11 |
| 27 | UMB Bank, National Association | 7(a) | 9 | $4.1M | 0.9% | 6 | +3 |
| 28 | United Midwest Savings Bank National Association | 7(a) | 8 | $1.6M | 0.8% | 4 | +4 |
| 29 | Wells Fargo Bank National Association | 7(a) | 7 | $10.8M | 0.7% | 10 | -3 |
| 30 | First Bank of the Lake | 7(a) | 7 | $9.3M | 0.7% | 3 | +4 |
| 31 | Belgrade State Bank | 7(a) | 7 | $7.0M | 0.7% | 2 | +5 |
| 32 | Busey Bank | 7(a) | 7 | $6.2M | 0.7% | 15 | -8 |
| 33 | Bank of Springfield | 7(a) | 7 | $5.1M | 0.7% | 5 | +2 |
| 34 | American Bank of Freedom | 7(a) | 7 | $3.8M | 0.7% | 3 | +4 |
| 35 | Branson Bank | 7(a) | 7 | $1.3M | 0.7% | 6 | +1 |
| 36 | Northeast Bank | 7(a) | 7 | $262K | 0.7% | 0 | new |
| 37 | Enterprise Bank & Trust | 7(a) | 6 | $6.0M | 0.6% | 2 | +4 |
| 38 | Community National Bank & Trust | 7(a) | 6 | $4.0M | 0.6% | 0 | new |
| 39 | Readycap Lending, LLC | 7(a) | 6 | $2.5M | 0.6% | 3 | +3 |
| 40 | Midland States Bank | 7(a) | 6 | $1.3M | 0.6% | 4 | +2 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|
| 1 | St. Louis County | 166 | $111M | 16.8% | 144 | +22 |
| 2 | Jackson County | 122 | $79.1M | 12.3% | 134 | -12 |
| 3 | Greene County | 100 | $72.5M | 10.1% | 103 | -3 |
| 4 | St. Charles County | 68 | $30.9M | 6.9% | 76 | -8 |
| 5 | Boone County | 53 | $13.3M | 5.4% | 53 | 0 |
| 6 | St. Louis city | 44 | $32.5M | 4.5% | 55 | -11 |
| 7 | Jasper County | 34 | $28.3M | 3.4% | 32 | +2 |
| 8 | Clay County | 33 | $16.7M | 3.3% | 43 | -10 |
| 9 | Taney County | 26 | $21.0M | 2.6% | 23 | +3 |
| 10 | Cass County | 22 | $7.5M | 2.2% | 16 | +6 |
| 11 | Franklin County | 20 | $13.6M | 2.0% | 24 | -4 |
| 12 | Jefferson County | 16 | $6.2M | 1.6% | 23 | -7 |
| 13 | Camden County | 16 | $6.0M | 1.6% | 16 | 0 |
| 14 | Christian County | 15 | $9.6M | 1.5% | 30 | -15 |
| 15 | Polk County | 15 | $4.6M | 1.5% | 6 | +9 |
| 16 | Platte County | 13 | $12.5M | 1.3% | 20 | -7 |
| 17 | Lawrence County | 11 | $4.3M | 1.1% | 7 | +4 |
| 18 | Buchanan County | 11 | $10.5M | 1.1% | 11 | 0 |
| 19 | Pettis County | 10 | $19.6M | 1.0% | 4 | +6 |
| 20 | Newton County | 9 | $1.7M | 0.9% | 12 | -3 |
| 21 | Callaway County | 9 | $2.2M | 0.9% | 16 | -7 |
| 22 | Dallas County | 9 | $1.3M | 0.9% | 6 | +3 |
| 23 | Cape Girardeau County | 8 | $748K | 0.8% | 12 | -4 |
| 24 | Warren County | 8 | $2.9M | 0.8% | 6 | +2 |
| 25 | Cole County | 7 | $2.1M | 0.7% | 10 | -3 |
| 26 | Johnson County | 7 | $1.3M | 0.7% | 6 | +1 |
| 27 | St. Francois County | 7 | $6.8M | 0.7% | 5 | +2 |
| 28 | Webster County | 7 | $3.5M | 0.7% | 10 | -3 |
| 29 | Pulaski County | 7 | $1.7M | 0.7% | 6 | +1 |
| 30 | Barry County | 6 | $4.6M | 0.6% | 8 | -2 |
| 31 | Laclede County | 6 | $1.4M | 0.6% | 3 | +3 |
| 32 | Perry County | 6 | $6.5M | 0.6% | 0 | new |
| 33 | Lincoln County | 5 | $2.1M | 0.5% | 5 | 0 |
| 34 | Morgan County | 5 | $4.3M | 0.5% | 2 | +3 |
| 35 | Scott County | 5 | $3.6M | 0.5% | 4 | +1 |
| 36 | Randolph County | 4 | $540K | 0.4% | 7 | -3 |
| 37 | Stone County | 4 | $825K | 0.4% | 6 | -2 |
| 38 | Henry County | 4 | $1.7M | 0.4% | 8 | -4 |
| 39 | Cooper County | 4 | $1.9M | 0.4% | 3 | +1 |
| 40 | Phelps County | 3 | $946K | 0.3% | 8 | -5 |
The 40 counties with the most approvals; every county is on the Missouri page.
FY2023 against FY2022
| Missouri | FY2023 | FY2022 |
|---|---|---|
| 7(a) approvals | 898 | 916 |
| 7(a) dollars | $500M | $419M |
| Median 7(a) approval | $200K | $200K |
| 504 approvals | 90 | 153 |
| 504 dollars | $86.4M | $115M |
| Jobs supported, as reported | 11,939 | 11,862 |
Questions and answers
Which lenders made the most SBA loans in Missouri in FY2023?
U.S. Bank, National Association (79), OakStar Bank (67), The Central Trust Bank (55), The Huntington National Bank (44), Rural Missouri, Inc. (36). 168 lenders had at least one approval.
How many SBA loans were approved in Missouri in FY2023?
988: 898 under 7(a) worth $500M and 90 under 504 worth $86.4M.
Which Missouri counties had the most SBA approvals in FY2023?
St. Louis County (166), Jackson County (122), Greene County (100), St. Charles County (68), Boone County (53).
When does FY2023 start and end?
The federal fiscal year 2023 runs from 1 October 2022 to 30 September 2023.
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