OakStar Bank
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by OakStar Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 216 | $164.3M | $761K | 4.6% |
| 713940 | Fitness and Recreational Sports Centers | 168 | $78.4M | $467K | 3.6% |
| 721110 | Hotels (except Casino Hotels) and Motels | 136 | $162.2M | $1.2M | 2.9% |
| 811111 | General Automotive Repair | 104 | $73.1M | $703K | 2.2% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 96 | $36.4M | $380K | 2.0% |
| 541211 | Offices of Certified Public Accountants | 88 | $75.9M | $863K | 1.9% |
| 722513 | Limited-Service Restaurants | 88 | $51.0M | $580K | 1.9% |
| 621210 | Offices of Dentists | 88 | $124.3M | $1.4M | 1.9% |
| 238910 | Site Preparation Contractors | 72 | $75.0M | $1.0M | 1.5% |
| 811192 | Car Washes | 72 | $29.9M | $415K | 1.5% |
Geographic Distribution
SBA lending activity for OakStar Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 4,000 | $2.88B | 84.7% |
| Kansas (KS) | 456 | $397.1M | 9.7% |
| Colorado (CO) | 128 | $194.3M | 2.7% |
| Oklahoma (OK) | 40 | $64.1M | 0.8% |
| Arkansas (AR) | 56 | $30.7M | 1.2% |
| Iowa (IA) | 32 | $22.5M | 0.7% |
| California (CA) | 8 | $7.6M | 0.2% |
Why Choose OakStar Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 4,720 SBA loans approved, totaling $3.59B in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Fitness and Recreational Sports Centers, Hotels (except Casino Hotels) and Motels
- ✓Competitive Terms: Average interest rate of 8.46% with flexible term lengths averaging 176 months
- ✓Loan Range: Loan sizes from $11K to $5.0M, with an average of $761K
- ✓Nationwide Reach: Active lending in 7 states, with strong presence in MO, KS, 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 OakStar Bank SBA lending
What types of businesses does OakStar Bank typically finance?
OakStar Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, fitness and recreational sports centers, hotels (except casino hotels) and motels, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are OakStar Bank's typical SBA loan terms?
OakStar Bank's SBA 7(a) loans typically feature an average interest rate of 8.46% and average term length of 176 months (approximately 15 years). Loan sizes range from $11K to $5.0M, with an average loan size of $761K.
Do I need a business valuation for a OakStar Bank SBA loan?
Yes, OakStar 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 OakStar Bank compare to other SBA lenders?
OakStar Bank has originated 4,720 SBA loans totaling $3.59B 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 OakStar Bank lend in?
OakStar Bank provides SBA 7(a) financing with particularly strong presence in MO, KS, CO, AR, OK. 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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