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SBA Loans from The Bank of Missouri SBA Loans from The Bank of Missouri SBA Loans from The Bank of Missouri

Small Business Administration (SBA) Loans

SBA Tools & Resources  SBA Tools & Resources

 Compare all SBA loan types (pdf)

 Small Business Administration

One of the best financing options for small and growing businesses is a loan
guaranteed by the Small Business Administration (SBA).  The Bank of Missouri is a nationally recognized SBA Preferred Lender in Missouri and has an award-
winning SBA Lending Division.

An SBA loan can help you finance an entire business, equipment and fixtures, working capital, business real estate and much more. Our experienced SBA Lending Team will help you take advantage of the many benefits available through the SBA program.

Why Choose The Bank of Missouri for your SBA Loan?SBA Preferred Lender

Not all SBA lenders are equal. The Bank of Missouri is proud to have a dedicated SBA Lending team comprised of experts in small business financing who are here to help you get the best experience possible when working through the loan process.  Our SBA lenders also have the ability to make decisions locally, without having to send your loan elsewhere for approval, making the process quicker and easier for you.

Let's Talk about your SBA Loan

Ready to get started or just want to see if you are eligible? Complete our quick-and-easy online form and one of our expert SBA Lenders will contact you.

Let's Talk



Frequently Asked Questions About SBA Loans

How does the SBA program work?

A lender provides the actual loan to the borrower. The SBA guarantees a portion of the loan (between 50%-85% depending on the program). The SBA program allows lenders to make loans that may otherwise not meet conventional loan policies, such as start-ups, collateral, etc.

What is an SBA Preferred Lender?

As an SBA Preferred Lender, the SBA has authorized The Bank of Missouri to make lending decisions on their behalf. Loan applications are not sent to the SBA for approval, which means the process moves more quickly.

Who is eligible for an SBA Loan?

Most for-profit small businesses are eligible for an SBA guaranteed loan. This includes manufacturers, wholesalers, retail and service businesses as well as independent or franchise businesses. Retail and service businesses are eligible if they have sales (3-year average) not exceeding $6 million to $20 million, depending on the industry. Wholesalers and manufacturers are eligible if they have less than 1,500 employees, regardless of sales volume.

How much can I borrow?

Loan sizes typically range anywhere from $25,000 up to $5 million.

Are there any fees associated with SBA loans?

SBA guarantee fees are based upon the loan amount and may be financed into the loan.

  • Loans up to $150,000: No fees
  • Loans $150,001 - $750,000: 3% of the guaranteed portion of the loan
  • Loans $750,001 - $5 million: 3.5% of the guaranteed portion up to $1 million, and then 3.75% for guaranty above $1 million

How long does it take to get an SBA loan?

The time it takes to get an SBA loan depends on several variables, including how quickly we can get necessary paperwork and information back from the borrower. The process is much quicker and more streamlined at The Bank of Missouri because of our SBA Preferred Lender status, which grants us the authority to complete the entire loan process from start to finish. Our lenders also have loan authority to make decisions locally.


  • Credit on reasonable terms when it may not otherwise be available
  • Longer term and amortization options
  • Lower payments improve cash flow
  • Competitive interest rate (fixed or variable)
  • Flexible terms and conditions
  • Lower down payments
  • No balloon payments

Meet Our SBA Lending Team



Central Missouri    

 Serving Columbia, MO and surrounding areas.

Karin Bell - The Bank of Missouri SBA Lender in Columbia, MOKarin Bell

Sr. VP/SBA Manager


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Drew Zorn - The Bank of Missouri SBA Lender in Columbia, MODrew Zorn

SBA Loan Officer


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Crystal Morris - The Bank of Missouri SBA Lender in Columbia, MOCrystal Morris

SBA Loan Officer


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Marla Welker - The Bank of Missouri SBA Loan Assistant in Columbia, MOMarla Welker

Sr. SBA Loan Assistant


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Southeast Missouri    
Serving Perryville, Marble Hill, Patton, Cape Girardeau, Scott City, Jackson, Poplar Bluff and surrounding areas.

Andrew Martin - The Bank of Missouri SBA Loan Officer in Cape Girardeau, MOAndrew Martin

SBA Loan Officer


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Amanda Klaus- The Bank of Missouri SBA Loan Administrative Officer in Cape Girardeau, MOAmanda Klaus

AVP/SBA Program Specialist


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Southwest Missouri    

Serving Springfield, Republic, Ozark, Branson and surrounding areas.

Dustin Royster - The Bank of Missouri SBA Loan Officer in Republic, MODustin Royster

VP/Sr. SBA Loan Officer


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Jessie Hughey - The Bank of Missouri SBA Loan Officer in Springfield, MOJessie Hughey

SBA Loan Officer


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Darren Sorrell - The Bank of Missouri SBA Loan Assistant in Republic, MODarren Sorrell

SBA Loan Assistant


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Online Resources for Businesses


Small Business Administration Website