Great Southern Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Great Southern Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 11 | $1.9M | $170K | 2.3% |
| 624410 | Child Care Services | 9 | $537K | $60K | 1.9% |
| 722410 | Drinking Places (Alcoholic Beverages) | 9 | $1.6M | $174K | 1.9% |
| 812112 | Beauty Salons | 7 | $615K | $88K | 1.4% |
| 112320 | Broilers and Other Meat Type Chicken Production | 7 | $2.7M | $387K | 1.4% |
| 312120 | Breweries | 7 | $1.7M | $246K | 1.4% |
| 621310 | Offices of Chiropractors | 7 | $748K | $107K | 1.4% |
| 811111 | General Automotive Repair | 7 | $929K | $133K | 1.4% |
| 621210 | Offices of Dentists | 6 | $2.3M | $382K | 1.2% |
| 721110 | Hotels (except Casino Hotels) and Motels | 6 | $2.3M | $391K | 1.2% |
Geographic Distribution
SBA lending activity for Great Southern Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 221 | $36.1M | 45.6% |
| Kansas (KS) | 62 | $16.9M | 12.8% |
| Iowa (IA) | 108 | $15.9M | 22.3% |
| Texas (TX) | 10 | $8.9M | 2.1% |
| Mississippi (MS) | 23 | $6.6M | 4.7% |
| Nebraska (NE) | 30 | $6.4M | 6.2% |
| Arkansas (AR) | 21 | $4.0M | 4.3% |
| Minnesota (MN) | 5 | $745K | 1.0% |
| South Dakota (SD) | 3 | $429K | 0.6% |
| Ohio (OH) | 1 | $240K | 0.2% |
| South Carolina (SC) | 1 | $98K | 0.2% |
Why Choose Great Southern Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 485 SBA loans approved, totaling $96.4M in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, Child Care Services, Drinking Places (Alcoholic Beverages)
- ✓Competitive Terms: Average interest rate of 6.09% with flexible term lengths averaging 103 months
- ✓Loan Range: Loan sizes from $5K to $4.7M, with an average of $199K
- ✓Nationwide Reach: Active lending in 11 states, with strong presence in MO, IA, KS
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 Great Southern Bank SBA lending
What types of businesses does Great Southern Bank typically finance?
Great Southern Bank specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, child care services, drinking places (alcoholic beverages), beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Great Southern Bank's typical SBA loan terms?
Great Southern Bank's SBA 7(a) loans typically feature an average interest rate of 6.09% and average term length of 103 months (approximately 9 years). Loan sizes range from $5K to $4.7M, with an average loan size of $199K.
Do I need a business valuation for a Great Southern Bank SBA loan?
Yes, Great Southern Bank 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 Great Southern Bank compare to other SBA lenders?
Great Southern Bank has originated 485 SBA loans totaling $96.4M since 1991. 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 Great Southern Bank lend in?
Great Southern Bank provides SBA 7(a) financing with particularly strong presence in MO, IA, KS, NE, MS. 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?
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