Best SBA Lenders in Saint Joseph, MO (2026)
2025 FOIA data: top lenders, rates & industries for Saint Joseph SBA loans
SBA Loans in Saint Joseph, Missouri
Looking for an SBA loan in Saint Joseph, Missouri? Based on 2025 FOIA data, 14 SBA 7(a) loans were funded in Saint Joseph totaling $15.5M, supporting an estimated 249 jobs. With 11 active lenders competing for business in the Saint Joseph market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Saint Joseph is $1.1M at an average rate of 9.18%. The top lender in Saint Joseph is Byline Bank, with the most-funded industry being Snack and Nonalcoholic Beverage Bars. See all Missouri SBA lenders for statewide rankings.
SBA Loans in Saint Joseph by Business Type
Whether you’re starting a new business in Saint Joseph, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 7% of SBA loans in Saint Joseph (2 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 51% (5 loans) — if you’re looking to buy a business in Saint Joseph, this is a proven use case for SBA financing. Existing businesses make up 40% and typically receive the most favorable terms.
Top SBA Lenders in Saint Joseph, MO (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Saint Joseph businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Byline Bank | $4.1M | 2 | 9.5% |
| 2 | GBank | $3.9M | 1 | 8.75% |
| 3 | OakStar Bank | $1.7M | 1 | 8.25% |
| 4 | First Financial Bank | $1.6M | 1 | 9% |
| 5 | Cadence Bank | $1.3M | 1 | 9.5% |
| 6 | U.S. Bank, National Association | $900K | 3 | 9.25% |
| 7 | The Huntington National Bank | $732K | 1 | 7.75% |
| 8 | Live Oak Banking Company | $510K | 1 | 8.73% |
| 9 | Small Business Bank | $309K | 1 | 10.5% |
| 10 | MISSINGMAINBANKID | $284K | 1 | 8.5% |
The top lenders in Saint Joseph have direct experience with local businesses and understand the Saint Joseph market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Saint Joseph and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Saint Joseph
One 5-minute application. 11+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Saint Joseph
These are the industries that received the most SBA 7(a) funding in Saint Joseph in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Snack and Nonalcoholic Beverage Bars | 4 | $5.7M |
| Hotels (except Casino Hotels) and Motels | 1 | $3.9M |
| Baked Goods Stores | 1 | $1.7M |
| General Freight Trucking, Local | 1 | $1.6M |
| RV (Recreational Vehicle) Parks and Campgrounds | 1 | $742K |
| Offices of Dentists | 1 | $732K |
| Lessors of Miniwarehouses and Self-Storage Units | 1 | $510K |
| Limited-Service Restaurants | 1 | $284K |
| Other Building Equipment Contractors | 1 | $140K |
| Insurance Agencies and Brokerages | 1 | $108K |
Lenders with experience funding your specific industry in Saint Joseph understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Saint Joseph
Option 1: Apply directly to one of the top Saint Joseph lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Saint Joseph-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
