Midwest BankCentre
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Midwest BankCentre · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 8 | $874K | $109K | 3.9% |
| 722511 | Full-Service Restaurants | 6 | $9.1M | $1.5M | 2.9% |
| 423930 | Recyclable Material Merchant Wholesalers | 5 | $25.0M | $5.0M | 2.4% |
| 812199 | Other Personal Care Services | 5 | $2.0M | $399K | 2.4% |
| 713940 | Fitness and Recreational Sports Centers | 4 | $1.1M | $280K | 2.0% |
| 541211 | Offices of Certified Public Accountants | 4 | $1.9M | $471K | 2.0% |
| 722410 | Drinking Places (Alcoholic Beverages) | 4 | $2.1M | $529K | 2.0% |
| 561730 | Landscaping Services | 3 | $1.2M | $396K | 1.5% |
| 541110 | Offices of Lawyers | 3 | $1.5M | $502K | 1.5% |
| 323111 | Commercial Printing (except Screen and Books) | 3 | $714K | $238K | 1.5% |
Geographic Distribution
SBA lending activity for Midwest BankCentre by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 141 | $60.0M | 68.8% |
| Florida (FL) | 31 | $33.2M | 15.1% |
| Colorado (CO) | 5 | $5.2M | 2.4% |
| Illinois (IL) | 1 | $5.0M | 0.5% |
| Texas (TX) | 5 | $3.8M | 2.4% |
| New Mexico (NM) | 2 | $3.6M | 1.0% |
| Arkansas (AR) | 1 | $3.3M | 0.5% |
| Kansas (KS) | 2 | $2.1M | 1.0% |
| North Carolina (NC) | 2 | $1.9M | 1.0% |
| Arizona (AZ) | 1 | $1.4M | 0.5% |
| Georgia (GA) | 1 | $1.2M | 0.5% |
| Tennessee (TN) | 1 | $1.2M | 0.5% |
| New Jersey (NJ) | 1 | $1.1M | 0.5% |
| Oklahoma (OK) | 2 | $941K | 1.0% |
| Maryland (MD) | 1 | $936K | 0.5% |
| Utah (UT) | 1 | $814K | 0.5% |
| District of Columbia (DC) | 1 | $716K | 0.5% |
| California (CA) | 1 | $678K | 0.5% |
| Wisconsin (WI) | 1 | $630K | 0.5% |
| South Carolina (SC) | 1 | $622K | 0.5% |
| Washington (WA) | 1 | $570K | 0.5% |
| Idaho (ID) | 1 | $388K | 0.5% |
| Nebraska (NE) | 1 | $291K | 0.5% |
Why Choose Midwest BankCentre?
Based on SBA 7(a) lending track record from 1993-2025
- ✓Proven Track Record: 205 SBA loans approved, totaling $129.6M in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, Full-Service Restaurants, Recyclable Material Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 8.40% with flexible term lengths averaging 116 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $632K
- ✓Nationwide Reach: Active lending in 23 states, with strong presence in MO, FL, CO
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 Midwest BankCentre SBA lending
What types of businesses does Midwest BankCentre typically finance?
Midwest BankCentre specializes in SBA 7(a) lending to specific industries including child care services, full-service restaurants, recyclable material merchant wholesalers, other personal care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Midwest BankCentre's typical SBA loan terms?
Midwest BankCentre's SBA 7(a) loans typically feature an average interest rate of 8.40% and average term length of 116 months (approximately 10 years). Loan sizes range from $5K to $5.0M, with an average loan size of $632K.
Do I need a business valuation for a Midwest BankCentre SBA loan?
Yes, Midwest BankCentre 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 Midwest BankCentre compare to other SBA lenders?
Midwest BankCentre has originated 205 SBA loans totaling $129.6M since 1993. 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 Midwest BankCentre lend in?
Midwest BankCentre provides SBA 7(a) financing with particularly strong presence in MO, FL, CO, TX, KS. 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?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.