Quick service restaurant in Springfield against the national picture

39 SBA loans worth $21.2 million were approved in Springfield, MO from FY2017 to FY2026, a rank of 89 of 779 among metro and micro areas. Springfield's quick service restaurant share of loans is 0.74x the national share: Springfield weights the class lightly. Ranked inside Springfield, the class sits 3 of 39, a headline class. Each Springfield project county is in MO.

The median Springfield loan comes to $284,000, with its middle half between $189,200 and $479,600. That median is 0.91x the class median nationally, so Springfield tickets run lighter. The program split is withheld for Springfield. Springfield's split rests on thin counts; Springfield blanks are not zeros. In Springfield, franchised loans make up 41.0% of the class, a read on branding. Springfield lenders will see it as background.

Where Springfield quick service restaurant loans sit, and with whom

Under 7(a) in Springfield, the holders SBA lists are Guaranty Bank reports 8 loans, $3.3 million in all; OakStar Bank reports 8 loans, $1.8 million in all; and The Bank of Missouri reports 5 loans, $4.5 million in all. The 504 table for Springfield is empty. Each Springfield row is an SBA record. Springfield lenders hold or held these loans. Springfield figures show files, not conduct. Springfield rows state no lender requirement. In Springfield, by county, Greene County, MO holds 31 loans.

Springfield's published years show FY2017 (5 loans, $5.3 million), FY2018 (5 loans, $1.3 million), FY2019 (6 loans, $2.8 million), FY2021 (6 loans, $5.1 million), FY2023 (9 loans, $2.9 million), FY2025 (0 loans, $0) and FY2026 (0 loans, $0). FY2020, FY2022 and FY2024 are withheld for Springfield because few loans back them, so Springfield's gaps mean unpublished, never zero. FY2017 to FY2024 approvals in Springfield saw cancellation after approval of at least 12.8%; treat it as a floor. The Springfield charge-off floor is withheld. In Springfield, a thin cohort means unpublished. All Springfield totals use the 2023 federal definition, with Springfield loans placed by project county, so Springfield drops loans with unmatched counties.

What a Springfield quick service restaurant study must prove

Springfield: this quick service restaurant record sets context; a study supplies proof. For Springfield, the study should address franchise approval and opening timeline. In Springfield, a study has to test whether the lease outlasts the loan. In Springfield, we start by examining the building apart from the brand. In Springfield, the study must show coverage with higher labor cost. Springfield reviewers will check royalties and fees, net of gross sales. Springfield work runs demand, cost, coverage, value. A Springfield study guarantees nothing to lenders.

SBA limited-service restaurant loans in the Springfield, MO Metro Area

Loans approved, FY2017 to FY2026	39
Gross dollars approved	$21.2 million
Median loan	$284,000
Middle half of loans, from	$189,200
Middle half of loans, to	$479,600
SBA 7(a) loans	withheld
SBA 504 loans	withheld
Franchise share of loans	41.0%
Rank among metro and micro areas for limited-service restaurant loans	89 of 779
Rank of limited-service restaurant among the classes in this area	3 of 39
Location quotient (share of loans against the national share)	0.74x
Median loan against the national median for the class	0.91x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	12.8%
The same, counting loans still undisbursed as cancelled (a ceiling)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA limited-service restaurant loans approved in the Springfield, MO Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	5	$5.3 million
FY2018	5	$1.3 million
FY2019	6	$2.8 million
FY2020	withheld	withheld
FY2021	6	$5.1 million
FY2022	withheld	withheld
FY2023	9	$2.9 million
FY2024	withheld	withheld
FY2025	0	$0
FY2026	0	$0

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Guaranty Bank	8	$3.3 million
OakStar Bank	8	$1.8 million
The Bank of Missouri	5	$4.5 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Greene County, MO	31

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-44180-C35.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a limited-service restaurant project in the Springfield, MO Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Quick Service Restaurant Feasibility Study in the Springfield, MO Metro Area