U.S. Bank was the leading Small Business Administration (SBA) lender to small businesses in the St. Louis area between March 1, 2012 and February 28, 2013, according to the SBA. U.S. Bank used SBA-guaranteed loans to originate 69 loans totaling $14.6 million across seven Missouri counties and five Illinois counties in that span.
Festus-based Midwest Regional Bank ranked second, using SBA’s guaranteed loan programs to originate 14 loans totaling $13.7 million over the same period. Bank of Washington ranked third with 10 loans totaling $8.6 million. In this span the SBA locally guaranteed 446 loans totaling $195.5 million over that 12 month period in the St. Louis area.
For more information about lending and other SBA services, contact the St. Louis District Office at 314-539-6600 or visit http://www.sba.gov/mo/stlouis. The Illinois District Office can be reached at 312-353-4528 or by visiting http://www.sba.gov/il.