Southern Bank approved 91 SBA loans worth $28.5M between October 2021 and June 2026, ranking #379 of 2,283 SBA lenders nationally by loan count. Its median loan was $193,000, and 43% went to startups or businesses under two years old. It lent in 9 states, most often in Missouri, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Missouri | 68 | $20.0M | $184,150 | #19 |
| Arkansas | 10 | $2.1M | $137,250 | #32 |
| California | 3 | $1.2M | $437,500 | #230 |
| Kansas | 3 | $346K | $76,500 | #99 |
| Illinois | 2 | $2.5M | $1,230,500 | #196 |
| Texas | 2 | $623K | $311,450 | #331 |
| Florida | 1 | $1.0M | $1,046,800 | #280 |
| Oregon | 1 | $388K | $388,300 | #132 |
| South Carolina | 1 | $330K | $330,500 | #157 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 17 | $250,000 | |
| Retail | 13 | $116,000 | |
| Restaurants and hotels | 11 | $304,000 | |
| Health care and social assistance | 9 | $200,000 | |
| Administrative and support services | 7 | $178,000 | |
| Arts, entertainment and recreation | 7 | $190,300 | |
| Professional and technical services | 6 | $341,850 | |
| Construction | 6 | $252,800 | |
| Agriculture, forestry and fishing | 4 | $118,350 | |
| Manufacturing | 3 | $171,500 |