SBA Lenders in Missouri
Top lenders ranked by real SBA lending data. See who's most active in Missouri across deal count, loan size, and pricing.
What Borrowers Should Know
Missouri's median 7(a) spread of P+2.23% is 52 basis points below the national median of P+2.75%, meaning borrowers here pay meaningfully less interest. This advantage likely reflects strong competition among 267 active lenders and U.S. Bank's dominant market share (564 deals, 20% of volume), which pressures pricing downward. If you're shopping for rates, Missouri's competitive landscape gives you real negotiating power.
The top 5 lenders control roughly 40% of all SBA deal volume in Missouri (878 of 2,765 deals). U.S. Bank alone accounts for 20%, but meaningful competition exists below: OakStar, Simmons, and others are actively lending. This concentration isn't extreme, so you have genuine alternatives if a top lender declines you or offers unfavorable terms. Diversification among mid-tier lenders is real.
Average deal size in Missouri is $358,024, which is modest—suggesting the state's SBA lending ecosystem supports smaller businesses well. With 2,765 total deals spread across 267 lenders, there's robust infrastructure for sub-$400K loans. If you're in the $200K–$500K range, you'll find established loan products and experienced underwriters rather than a niche market.
Total SBA Loans
2,765
Active Lenders
213
Avg Deal Size
$358K
Total Volume
$990.1M
Top 10 Lenders in Missouri
Ranked by total deal count across all SBA programs.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | Bank | 565 | $72K | P + 1.98%GOOD | |
| 2 | Simmons Bank | Bank | 123 | $239K | P + 2.75%AVERAGE | |
| 3 | OakStar Bank | Bank | 118 | $647K | P + 2.75%AVERAGE | |
| 4 | The Central Trust Bank | Bank | 103 | $297K | P + 1.75%GOOD | |
| 5 | The Bank of Missouri | Bank | 97 | $275K | P + 2.25%GOOD | |
| 6 | Commerce Bank | Bank | 95 | $202K | P + 1.00%COMPETITIVE | |
| 7 | Hawthorn Bank | Bank | 74 | $442K | P + 2.06%GOOD | |
| 8 | Rural Missouri, Inc. | CDC/504 | 68 | $643K | — | |
| 9 | Arvest Bank | Bank | 68 | $158K | P + 1.75%GOOD | |
| 10 | St. Charles County Economic De | CDC/504 | 61 | $618K | — |
Top Industries in Missouri
SBA lending activity by industry segment.