a man and a woman smiling in their small business venue

Government Guaranteed Lending (SBA)

The Small Business Administration (SBA) is an independent agency that provides financial assistance in the form of loan guarantees, thus making it easy for Southwest Missouri Bank to make loans to new and growing businesses.

As an SBA preferred (PLP) lender we are able to provide decisions for:
  • Reorganizing existing business debt
  • Constructing a new facility
  • Renovating an existing facility
  • Expanding or purchasing an existing business

SBA Loan Advantage:
  • Longer Repayment Terms - Since SBA loans grant longer terms, your monthly payment is lower, improving your cash flow.
  • Lower Down-Payment - SBA loans allow higher Loan-to-Value (LTV) ratios, up to 90% depending on loan request.
  • Income Projected - SBA uses historical cash flows to project future sales, helping you qualify for your future growth.
  • No Balloon Payment - SBA Loans are fully amortized.

Are you eligible for an SBA loan? Your business must be:
  • Organized as a sole proprietor, partnership or corporation
  • Owner-Operated
  • For-Profit
  • Other qualifications may apply. Please contact one of our SBA lenders for details.

The SBA's website has lots of useful information for small business owners or those wanting to start a small business.





Questions? We're here for you.

Chad Brown, Commercial Lender and Branch Manager at Southwest Missouri Bank, 32nd & Indiana, Joplin, MissouriChad Brown
Joplin - 32nd & Indiana
Phone: (417) 624-1995
NMLS# 536589
Jacob Bair, Commercial & SBA Lender at Southwest Missouri Bank | Range Line & Zora | Joplin & Webb City, MissouriJacob Bair
Joplin - Zora
Phone: (417) 206-6800
NMLS# 2046828
Tracy Crider, Commercial Lender & Branch Manager at Southwest Missouri Bank, 7th & Duquesne, Joplin, MissouriTracy Crider
Joplin - Duquesne
Phone: (417) 623-5959
NMLS# 536592
Jonathan Dawson, Commercial Lender & Branch Manager at Southwest Missouri Bank | Zora & Range Line, Joplin & Webb City, MissouriJonathan Dawson
Joplin - Zora
Phone: (417) 206-6800
NMLS# 564099
Michael Matney, Lender at Southwest Missouri Bank, Stone's Corner SMB, Joplin & Carl Junction, MissouriMichael Matney
Joplin - Stone's Corner
Phone: (417) 623-0400
NMLS# 536607
Rodney Hinds, Lender at Southwest Missouri Bank, Carthage, MissouriRodney Hinds
Carthage North
Phone: (417) 358-9331
NMLS# 536601