SBA lender profile
Southern Bank
Southern Bank appears in the public SBA loan data with 438 funded 7(a) loans since FY2010, totaling $250.2M, an average of $571K per loan, and an estimated 8,135 jobs supported. Its SBA lending concentrates in Missouri and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 3.2%. 17.3% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 72
- Scale 81
- Activity 66
- Consistency 85
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Southern Bank the right lender for you?
Lenders fund what they know. Southern Bank's SBA lending concentrates in Missouri (288 loans) and Accommodation and Food Services (82 loans), at an average loan of $571K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $291M
- Headquarters
- Richmond, VA
- FDIC cert
- #11591
- Status
- Inactive
Where Southern Bank lends
Top states by funded SBA volume.
Metro areas where Southern Bank funds
What Southern Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 82 | $45.3M |
| Manufacturing | 38 | $37.0M |
| Other Services | 61 | $31.8M |
| Retail Trade | 56 | $23.3M |
| Construction | 44 | $22.5M |
| Arts, Entertainment, Recreation | 35 | $21.4M |
Southern Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 43 | $14.6M |
| 2011 | 33 | $13.7M |
| 2012 | 25 | $8.5M |
| 2013 | 10 | $5.1M |
| 2014 | 21 | $13.7M |
| 2015 | 28 | $25.5M |
| 2016 | 30 | $29.0M |
| 2017 | 36 | $22.3M |
| 2018 | 24 | $18.7M |
| 2019 | 33 | $19.2M |
| 2020 | 27 | $14.8M |
| 2021 | 47 | $38.7M |
| 2022 | 22 | $8.0M |
| 2023 | 16 | $7.3M |
| 2024 | 18 | $5.1M |
| 2025 | 14 | $3.3M |
| 2026 | 11 | $2.8M |
Related SBA lenders
Other lenders active in Missouri or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Southern Bank: frequently asked questions
Does Southern Bank offer SBA loans?
Yes. Southern Bank appears in the public SBA data with 438 funded SBA 7(a) loans totaling $250.2M.
How many SBA loans has Southern Bank made?
Southern Bank is associated with 438 SBA 7(a) loans totaling $250.2M in the public SBA data (as of 2026-03-31).
What is Southern Bank's SBA charge-off rate?
About 3.2% of Southern Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Southern Bank do most of its SBA lending?
Southern Bank's SBA lending in the data is most concentrated in Missouri, and by industry in Accommodation and Food Services.
Is Southern Bank an SBA Preferred Lender (PLP)?
The loan record shows Southern Bank operating under PLP delegated authority: 76 of its 7(a) loans (17.3%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Southern Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/southern-bank/
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