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SBA lending by metro area

SBA lenders in St. Joseph, MO

Which lenders fund St. Joseph-area businesses, how much, and how the market compares with Missouri: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
199
Total funded
$135.9M
Average loan
$683K
7(a) charge-off
1.8%

Top SBA lenders in the St. Joseph area

Ranked by SBA volume funded to businesses located in the St. Joseph metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Mo-Kan Development, Inc. 29 $10.9M $378K not reported
2 U.S. Bank, National Association 26 $9.3M $358K 3.85%
3 Commerce Bank 13 $8.6M $661K not reported
4 Busey Bank 5 $8.4M $1.7M not reported
5 Live Oak Banking Company 5 $6.2M $1.2M not reported
6 Fusion Bank 5 $4.8M $968K not reported
7 Bank Northwest 7 $3.3M $478K not reported
8 Rural Missouri, Inc. 5 $3.1M $623K not reported
9 Community Banks of Colorado, A Division of NBH Bank 8 $2.1M $265K not reported
10 UMB Bank, National Association 11 $1.6M $143K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How St. Joseph compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
St. Joseph area $269K ▲ 38.0% 18.1% ▲ 7.2 pts
Missouri$195K10.9%
United States$179K11.2%

What gets funded in St. Joseph

IndustryLoansTotal funded
Accommodation and Food Services 36 $31.7M
Manufacturing 20 $23.6M
Health Care and Social Assistance 24 $13.4M
Retail Trade 26 $12.9M
Other Services 22 $9.1M
Transportation and Warehousing 8 $8.6M
Construction 16 $8.4M
Arts, Entertainment, Recreation 6 $5.6M

SBA lending in St. Joseph by year

Geography, precisely

"St. Joseph area" here means the St. Joseph, MO-KS metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Andrew County, MO; Buchanan County, MO; DeKalb County, MO; Doniphan County, KS. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.