Lending data
Who actually lends to farms and agricultural businesses in Missouri?
84 SBA 7(a) loans went to farms and agricultural businesses in Missouri recently, at a median of $829,250. Here are the lenders that made them, ranked.
84 SBA 7(a) loans went to farms and agricultural businesses in Missouri in the most recent fiscal years. The median was $829,250 over 15 years. The most active lender was Live Oak Banking Company, with 25 loans.
What lending to farms and agricultural businesses in Missouri actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Agriculture and farming, Missouri | All 7(a) borrowers |
|---|---|---|
| Loans approved | 84 | 214,102 |
| Median loan | $829,250 | $150,000 |
| 25th - 75th percentile | $247,500 - $2,841,900 | $50,000 - $500,000 |
| Median term | 15 years | 10 years |
| Median initial rate | 8.75% | 10.25% |
| Share to startups | 60.7% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 2.0% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to farms and agricultural businesses in Missouri. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Live Oak Banking Company | 25 | $3,017,000 | 64% | 8.50% |
| OakStar Bank | 13 | $685,000 | 62% | 9.50% |
| First Financial Bank | 13 | $1,000,000 | 46% | 7.80% |
| First Service Bank | 9 | $2,851,000 | 89% | 9.30% |
| Commerce Bank | 3 | $490,000 | 67% | 7.00% |
| Southern Bank | 3 | $120,500 | 33% | 9.50% |
| Community National Bank & Trust | 2 | $124,100 | 100% | 8.50% |
| Encore Bank | 2 | $606,950 | 100% | 9.00% |
| Stone Bank | 2 | $615,000 | 50% | 7.38% |
| U.S. Bank | 2 | $10,800 | 50% | 10.87% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run larger than average. The median of $829,250 is 453% above the $150,000 national median. Expect lenders in this market to be geared toward bigger deals, and expect a small request to get less attention.
- New businesses do well here. 61% of these loans went to startups or businesses under two years old, against 34% nationally — an unusually open market if you have no trading history.
- One lender dominates. Live Oak Banking Company alone made 30% of these loans, and the top three made 61%. That concentration usually means a lender with a dedicated program for this sector — worth starting there, but get a second quote so you know the terms are competitive.
- Rates run lower here. The median initial rate of 8.75% is 1.50 points below the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
- This market has performed well. Its FY2010-2019 charge-off rate of 2.0% is below the 7.1% overall figure, which is part of why lenders compete for it.
Which of them lend to new businesses
Of those loans, 60.7% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Live Oak Banking Company | 16 | $3,017,000 | 64% | 8.50% |
| First Service Bank | 8 | $2,851,000 | 89% | 9.30% |
| OakStar Bank | 8 | $685,000 | 62% | 9.50% |
| First Financial Bank | 6 | $1,000,000 | 46% | 7.80% |
| Commerce Bank | 2 | $490,000 | 67% | 7.00% |
| Community National Bank & Trust | 2 | $124,100 | 100% | 8.50% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year. See choosing an SBA lender.
- Check your coverage first with the affordability calculator so you ask for a number the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Missouri: construction, restaurants and hotels, personal services, retail, healthcare, professional services
- Agriculture in comparable states: Washington, Texas, Michigan, Ohio, Oregon, Georgia