Southern Bank
MO
SBA-approved lender offering 8 loan programs across 7 industries.
Key Metrics
Interest Rate
9.50%
2.75% over prime
Average Loan
$232K
Per approval
Total Approvals
14
FY 2025
Loan Programs (8)
7a General
Existing or more than 2 years old
New Business or 2 years or less
SBA Express Program
Variable Rates
Preferred Lenders Program
Change of Ownership
Fixed Rates
Industries Served (7)
Fitness and Recreational Sports CentersFull-Service RestaurantsOffices of LawyersOther Heavy and Civil Engineering ConstructionPower and Communication Line and Related Structures ConstructionRecreational Vehicle DealersVeterinary Services
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.75%
- Effective Rate
- 9.50%
- Fiscal Year
- 2025
- States Served
- MO
- Website
- www.bankwithsouthern.com
Ready to apply with Southern Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.