Great Southern Bank

This is a financial institution offering SBA loan programs designed to help small businesses grow and expand. You can find assistance with various types of business loans, including 7(a) and 504 loans, tailored to your specific needs.

It's recommended to schedule an appointment to meet with their lending specialists, but walk-in consultations may be available during business hours. Calling ahead ensures you get dedicated time with a loan officer.

Typically, they operate from 8:30 AM to 5:00 PM, Monday through Friday. It's best to contact the branch directly for specific hours or to schedule an appointment.

There are no fees to access basic consultation services, but loan processing and closing fees may apply depending on the loan type and amount. These are disclosed upfront during the application process.

This lender primarily serves small business owners within its geographic region, but they offer services to any qualified business that meets SBA program requirements.

A minimum personal credit score of around 640 is generally preferred, though higher scores improve the chances of approval and better loan terms.

The process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation provided.

Most banks keep weekday business hours and are closed on weekends, and Great Southern Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Great Southern Bank to confirm current weekend availability before you go.

Great Southern Bank is located in Missouri — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Great Southern Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Great Southern Bank itself, which runs its own lending under its own ownership. If you work at Great Southern Bank, you can claim this listing from this page to manage it.

The core details for Great Southern Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Great Southern Bank before applying. If you represent Great Southern Bank, claim this listing to keep its information up to date.

You can reach Great Southern Bank by phone at (417) 888-4380 or online at locations.greatsouthernbank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Great Southern Bank before relying on them.

Based on its approved SBA loans, Great Southern Bank most often finances businesses in restaurants & food service, general retail, medical practices & clinics, hotels & lodging, food manufacturing & processing, and fitness & recreation. This reflects Great Southern Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Great Southern Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Great Southern Bank participates in SBA Express depends on its specific SBA lending authority. Contact Great Southern Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Great Southern Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Great Southern Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Great Southern Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Great Southern Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Great Southern Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Great Southern Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Great Southern Bank weighs this case by case under its own policy, so be upfront about your history and ask Great Southern Bank how it evaluates prior bankruptcies.