SBA 7(a) lenders in Cole, MO
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
23 institutions have SBA 7(a) loans on record in Cole, together $95.4M across 263 loans. Commerce Bank is the largest, with 39% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Commerce Bank | 17 | $37.1M | 38.9% | 0.00% |
| 2 | Hawthorn Bank | 86 | $18.7M | 19.6% | 6.56% |
| 3 | The Central Trust Bank | 107 | $17.4M | 18.2% | 4.89% |
| 4 | GBank | 2 | $5.1M | 5.4% | 0.00% |
| 5 | St. Louis Bank | 2 | $4.0M | 4.2% | 0.00% |
| 6 | UMB Bank, National Association | 3 | $1.9M | 2.0% | 0.00% |
| 7 | Heritage Bank of the Ozarks | 2 | $1.4M | 1.5% | 0.00% |
| 8 | U.S. Bank, National Association | 5 | $1.3M | 1.3% | 1.85% |
| 9 | First Internet Bank of Indiana | 2 | $1.3M | 1.3% | 0.00% |
| 10 | First Mid Bank & Trust, National Association | 8 | $1.2M | 1.3% | 6.03% |
| 11 | Readycap Lending, LLC | 2 | $872K | 0.9% | 34.44% |
| 12 | Simmons Bank | 2 | $721K | 0.8% | 0.00% |
| 13 | LCNB National Bank | 2 | $705K | 0.7% | 0.00% |
| 14 | Mid America Bank | 2 | $671K | 0.7% | 0.00% |
| 15 | The Callaway Bank | 5 | $595K | 0.6% | 0.00% |
| 16 | The Bank of Missouri | 7 | $570K | 0.6% | 15.86% |
| 17 | Landmark National Bank | 1 | $416K | 0.4% | 0.00% |
| 18 | BayFirst National Bank | 2 | $300K | 0.3% | 0.00% |
| 19 | United Midwest Savings Bank National Association | 2 | $300K | 0.3% | 0.00% |
| 20 | Liberty Bank, FSB | 1 | $290K | 0.3% | 0.00% |
| 21 | First Midwest Bank of the Ozarks | 1 | $207K | 0.2% | 0.00% |
| 22 | Seacoast National Bank | 1 | $150K | 0.2% | 0.00% |
| 23 | Bank of Springfield | 1 | $98K | 0.1% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Transportation & warehousing | 17 | $36.2M | 38.0% |
| 2 | Construction | 34 | $14.5M | 15.2% |
| 3 | Accommodation & food services | 52 | $11.2M | 11.8% |
| 4 | Health care & social assistance | 34 | $7.9M | 8.3% |
| 5 | Other services | 23 | $5.5M | 5.7% |
| 6 | Professional & technical services | 22 | $5.4M | 5.7% |
| 7 | Retail trade | 20 | $3.8M | 3.9% |
| 8 | Wholesale trade | 10 | $3.3M | 3.5% |
| 9 | Arts, entertainment & recreation | 9 | $2.3M | 2.4% |
| 10 | Administrative & waste services | 17 | $1.9M | 1.9% |
| 11 | Manufacturing | 3 | $1.7M | 1.7% |
| 12 | Finance & insurance | 4 | $775K | 0.8% |
| 13 | Retail trade | 11 | $702K | 0.7% |
| 14 | Manufacturing | 2 | $95K | 0.1% |
| 15 | Educational services | 1 | $75K | 0.1% |
| 16 | Utilities | 1 | $73K | 0.1% |
| 17 | Manufacturing | 1 | $41K | 0.0% |
| 18 | Real estate & leasing | 1 | $25K | 0.0% |
| 19 | Agriculture, forestry & fishing | 1 | $20K | 0.0% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.