Midwest BankCentre

MO

SBA-approved lender offering 6 loan programs across 9 industries.

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Key Metrics

Interest Rate

9.00%

2.25% over prime

Average Loan

$1.1M

Per approval

Total Approvals

20

FY 2025

Loan Programs (6)

Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates

Industries Served (9)

Commercial and Industrial Machinery and Equipment (except Automotive aElectrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant WholesalersFine Arts SchoolsLandscaping ServicesLimited-Service RestaurantsLumber, Plywood, Millwork, and Wood Panel Merchant WholesalersOffices of Physicians (except Mental Health Specialists)Other Personal Care ServicesSeptic Tank and Related Services

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.25%
Effective Rate
9.00%
Fiscal Year
2025
States Served
MO

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