Missouri
Top SBA lenders in Springfield
Businesses in the Springfield area have received $796M across 1,685 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Springfield | Rating |
|---|---|---|---|
| 1 | OakStar Bank | $211M | 4.4(115) |
| 2 | Simmons Bank | $128M | 2.5(22) |
| 3 | Guaranty Bank | $84M | 3.5(50) |
| 4 | Regent Bank | $42M | 4.7(196) |
| 5 | The Missouri Bank | $41M | 4.0(20) |
| 6 | The Central Trust Bank | $31M | 4.8(181) |
| 7 | Arvest Bank | $30M | 3.1(34) |
| 8 | The Huntington National Bank | $24M | 2.2(69) |
| 9 | OMB Bank | $16M | 3.9(27) |
| 10 | Commerce Bank | $13M | 3.2(65) |
| 11 | Live Oak Banking Company | $13M | 3.4(145) |
| 12 | Arlo Bank | $12M | 4.7(20) |
| 13 | U.S. Bank, National Association | $8M | 2.1(31) |
| 14 | Southern Bank | $7M | 4.6(58) |
| 15 | Mid-Missouri Bank | $6M | 4.9(532) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Missouri SBA lenders →
SBA lenders in Springfield — common questions
Which SBA lender is most active in Springfield?
OakStar Bank has approved the most SBA 7(a) & 504 funding for Springfield-area businesses — $211M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Springfield businesses received?
Businesses in the Springfield area have received $796M across 1,685 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Springfield?
No. SBA loans are federal, so a national or out-of-state lender can fund your Springfield business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Springfield SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Springfield area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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