FY20241 Oct 2023 – 30 Sep 2024
SBA loans in Missouri, FY2024
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 FY2024 (1 October 2023 to 30 September 2024) SBA approved 1,124 loans in Missouri: 1,047 under 7(a) and 77 under 504, worth $555M.
That is up 14% on FY2023, when there were 988 approvals worth $586M.
Missouri accounted for 1.5% of the 76,235 approvals nationwide that year. 147 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 126.
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 FY2024, of 147 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2023 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 126 | $19.7M | 11.2% | 79 | +47 |
| 2 | OakStar Bank | 7(a) | 95 | $73.5M | 8.5% | 67 | +28 |
| 3 | Commerce Bank | 7(a) | 48 | $18.0M | 4.3% | 24 | +24 |
| 4 | The Huntington National Bank | 7(a) | 47 | $25.4M | 4.2% | 44 | +3 |
| 5 | BayFirst National Bank | 7(a) | 47 | $6.2M | 4.2% | 34 | +13 |
| 6 | The Central Trust Bank | 7(a) | 38 | $6.5M | 3.4% | 55 | -17 |
| 7 | Rural Missouri, Inc. | 504 | 35 | $28.7M | 3.1% | 36 | -1 |
| 8 | Readycap Lending, LLC | 7(a) | 35 | $4.0M | 3.1% | 6 | +29 |
| 9 | Newtek Bank, National Association | 7(a) | 32 | $21.4M | 2.8% | 11 | +21 |
| 10 | Regent Bank | 7(a) | 32 | $19.1M | 2.8% | 27 | +5 |
| 11 | Northeast Bank | 7(a) | 30 | $3.0M | 2.7% | 7 | +23 |
| 12 | OMB Bank | 7(a) | 27 | $11.8M | 2.4% | 11 | +16 |
| 13 | The Bank of Houston | 7(a) | 18 | $15.3M | 1.6% | 9 | +9 |
| 14 | Live Oak Banking Company | 7(a) | 17 | $26.5M | 1.5% | 14 | +3 |
| 15 | St. Charles County Economic Development Council | 504 | 17 | $8.4M | 1.5% | 24 | -7 |
| 16 | Arvest Bank | 7(a) | 17 | $2.4M | 1.5% | 20 | -3 |
| 17 | UMB Bank, National Association | 7(a) | 16 | $6.5M | 1.4% | 9 | +7 |
| 18 | Southern Bank | 7(a) | 16 | $4.3M | 1.4% | 11 | +5 |
| 19 | Midwest Regional Bank | 7(a) | 13 | $11.1M | 1.2% | 20 | -7 |
| 20 | The Bank of Missouri | 7(a) | 12 | $4.0M | 1.1% | 21 | -9 |
| 21 | Branson Bank | 7(a) | 11 | $4.2M | 1.0% | 7 | +4 |
| 22 | Equity Bank | 7(a) | 11 | $4.0M | 1.0% | 15 | -4 |
| 23 | United Bank of Union | 7(a) | 10 | $3.7M | 0.9% | 3 | +7 |
| 24 | First Bank of the Lake | 7(a) | 10 | $3.3M | 0.9% | 7 | +3 |
| 25 | The Callaway Bank | 7(a) | 10 | $2.2M | 0.9% | 12 | -2 |
| 26 | Hawthorn Bank | 7(a) | 10 | $1.6M | 0.9% | 12 | -2 |
| 27 | Bank of Springfield | 7(a) | 9 | $4.9M | 0.8% | 7 | +2 |
| 28 | First Community Credit Union | 7(a) | 9 | $472K | 0.8% | 3 | +6 |
| 29 | CommunityAmerica Federal Credit Union | 7(a) | 8 | $6.8M | 0.7% | 2 | +6 |
| 30 | Enterprise Bank & Trust | 7(a) | 8 | $4.1M | 0.7% | 6 | +2 |
| 31 | JPMorgan Chase Bank, National Association | 7(a) | 8 | $2.8M | 0.7% | 2 | +6 |
| 32 | Small Business Bank | 7(a) | 8 | $2.7M | 0.7% | 15 | -7 |
| 33 | United Midwest Savings Bank National Association | 7(a) | 8 | $2.4M | 0.7% | 8 | 0 |
| 34 | Royal Banks of Missouri | 7(a) | 8 | $1.5M | 0.7% | 1 | +7 |
| 35 | American Bank of Freedom | 7(a) | 7 | $6.8M | 0.6% | 7 | 0 |
| 36 | St. Louis Bank | 7(a) | 7 | $6.1M | 0.6% | 12 | -5 |
| 37 | Simmons Bank | 7(a) | 7 | $5.4M | 0.6% | 11 | -4 |
| 38 | Heartland Business Capital, Inc. | 504 | 7 | $4.7M | 0.6% | 5 | +2 |
| 39 | CIBC Bank USA | 7(a) | 7 | $4.5M | 0.6% | 0 | new |
| 40 | Celtic Bank Corporation | 7(a) | 7 | $921K | 0.6% | 6 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2023 | Change |
|---|---|---|---|---|---|---|
| 1 | St. Louis County | 202 | $115M | 18.0% | 166 | +36 |
| 2 | Jackson County | 154 | $89.8M | 13.7% | 122 | +32 |
| 3 | Greene County | 111 | $55.7M | 9.9% | 100 | +11 |
| 4 | St. Charles County | 75 | $44.8M | 6.7% | 68 | +7 |
| 5 | St. Louis city | 50 | $20.1M | 4.4% | 44 | +6 |
| 6 | Boone County | 46 | $14.4M | 4.1% | 53 | -7 |
| 7 | Clay County | 41 | $17.2M | 3.6% | 33 | +8 |
| 8 | Jasper County | 39 | $18.8M | 3.5% | 34 | +5 |
| 9 | Jefferson County | 32 | $11.6M | 2.8% | 16 | +16 |
| 10 | Christian County | 31 | $11.7M | 2.8% | 15 | +16 |
| 11 | Cass County | 21 | $7.8M | 1.9% | 22 | -1 |
| 12 | Franklin County | 20 | $9.2M | 1.8% | 20 | 0 |
| 13 | Platte County | 19 | $7.1M | 1.7% | 13 | +6 |
| 14 | Taney County | 17 | $8.7M | 1.5% | 26 | -9 |
| 15 | Polk County | 14 | $4.2M | 1.2% | 15 | -1 |
| 16 | Lawrence County | 13 | $8.7M | 1.2% | 11 | +2 |
| 17 | Cole County | 12 | $2.4M | 1.1% | 7 | +5 |
| 18 | Buchanan County | 12 | $8.7M | 1.1% | 11 | +1 |
| 19 | Johnson County | 10 | $2.2M | 0.9% | 7 | +3 |
| 20 | Newton County | 10 | $7.7M | 0.9% | 9 | +1 |
| 21 | Camden County | 10 | $7.0M | 0.9% | 16 | -6 |
| 22 | St. Francois County | 9 | $1.9M | 0.8% | 7 | +2 |
| 23 | Stone County | 9 | $3.4M | 0.8% | 4 | +5 |
| 24 | Cape Girardeau County | 8 | $2.6M | 0.7% | 8 | 0 |
| 25 | Pettis County | 8 | $4.1M | 0.7% | 10 | -2 |
| 26 | Butler County | 8 | $4.9M | 0.7% | 2 | +6 |
| 27 | Laclede County | 7 | $744K | 0.6% | 6 | +1 |
| 28 | Warren County | 7 | $2.2M | 0.6% | 8 | -1 |
| 29 | Dade County | 7 | $1.9M | 0.6% | 2 | +5 |
| 30 | Barry County | 6 | $986K | 0.5% | 6 | 0 |
| 31 | Pulaski County | 5 | $1.3M | 0.4% | 7 | -2 |
| 32 | Callaway County | 5 | $1.1M | 0.4% | 9 | -4 |
| 33 | Dallas County | 5 | $1.2M | 0.4% | 9 | -4 |
| 34 | Lafayette County | 5 | $1.2M | 0.4% | 1 | +4 |
| 35 | Webster County | 4 | $3.0M | 0.4% | 7 | -3 |
| 36 | Randolph County | 4 | $413K | 0.4% | 4 | 0 |
| 37 | Ray County | 4 | $2.9M | 0.4% | 0 | new |
| 38 | Cedar County | 4 | $1.9M | 0.4% | 1 | +3 |
| 39 | Henry County | 4 | $687K | 0.4% | 4 | 0 |
| 40 | Crawford County | 4 | $2.3M | 0.4% | 2 | +2 |
The 40 counties with the most approvals; every county is on the Missouri page.
FY2024 against FY2023
| Missouri | FY2024 | FY2023 |
|---|---|---|
| 7(a) approvals | 1,047 | 898 |
| 7(a) dollars | $498M | $500M |
| Median 7(a) approval | $188K | $200K |
| 504 approvals | 77 | 90 |
| 504 dollars | $56.5M | $86.4M |
| Jobs supported, as reported | 12,116 | 11,939 |
Questions and answers
Which lenders made the most SBA loans in Missouri in FY2024?
U.S. Bank, National Association (126), OakStar Bank (95), Commerce Bank (48), The Huntington National Bank (47), BayFirst National Bank (47). 147 lenders had at least one approval.
How many SBA loans were approved in Missouri in FY2024?
1,124: 1,047 under 7(a) worth $498M and 77 under 504 worth $56.5M.
Which Missouri counties had the most SBA approvals in FY2024?
St. Louis County (202), Jackson County (154), Greene County (111), St. Charles County (75), St. Louis city (50).
When does FY2024 start and end?
The federal fiscal year 2024 runs from 1 October 2023 to 30 September 2024.
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