Freedom Bank of Southern Missouri
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by Freedom Bank of Southern Missouri
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 8 | $7.2M | $900K | 100.0% |
Geographic Distribution
SBA lending activity for Freedom Bank of Southern Missouri by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 8 | $7.2M | 100.0% |
Why Choose Freedom Bank of Southern Missouri?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $7.2M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels
- ✓Competitive Terms: Average interest rate of 5.25% with flexible term lengths averaging 240 months
- ✓Loan Range: Loan sizes from $900K to $900K, with an average of $900K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MO
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Freedom Bank of Southern Missouri SBA lending
What types of businesses does Freedom Bank of Southern Missouri typically finance?
Freedom Bank of Southern Missouri specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Freedom Bank of Southern Missouri's typical SBA loan terms?
Freedom Bank of Southern Missouri's SBA 7(a) loans typically feature an average interest rate of 5.25% and average term length of 240 months (approximately 20 years). Loan sizes range from $900K to $900K, with an average loan size of $900K.
Do I need a business valuation for a Freedom Bank of Southern Missouri SBA loan?
Yes, Freedom Bank of Southern Missouri typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Freedom Bank of Southern Missouri compare to other SBA lenders?
Freedom Bank of Southern Missouri has originated 8 SBA loans totaling $7.2M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Freedom Bank of Southern Missouri lend in?
Freedom Bank of Southern Missouri provides SBA 7(a) financing with particularly strong presence in MO. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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