Southern Bank: SBA Lending Record

Southern Bank in SBA data

261 loans for FY2017 to FY2026 sit under Southern Bank. At Southern Bank, they add up to $142.5 million in gross dollars approved. All 261 are SBA 7(a) loans, and Southern Bank has 0 SBA 504 loans. Southern Bank is recorded in Missouri. The 261 figures are SBA's records of Southern Bank holdings. Nothing in them shows what Southern Bank requires. SBA, not Southern Bank, guarantees them. Each of the 261 sits under its latest holder.

Southern Bank: asset classes

Southern Bank has 168 loans in no named class, so Southern Bank class views cover part of 261. Southern Bank: full-service restaurant leads, at 21, next limited-service restaurant at 18; fitness center at 13. Lower at Southern Bank: rv park and campground at 6; beverage manufacturing at 6, automotive mechanical repair at 5. The 168 unplaced loans are the largest block at Southern Bank. Its class comparison of 261 rests on a minority.

Southern Bank: geography

Missouri heads the Southern Bank state table at 155 loans, then Kansas with 23 and Arkansas with 16. The Southern Bank table continues through Florida at 13, Texas at 13, Illinois at 10 and California at 5. The Southern Bank spread shows whether the 261 holdings reach beyond Missouri.

Southern Bank: loan outcomes

Cancellation floor for Southern Bank over FY2017 to FY2024 approvals: 9.9%, among 261. Our own rule withholds the Southern Bank charge-off rate. Southern Bank's cohorts are too small. Southern Bank ceiling: 9.9%, counting undisbursed loans as cancelled. Southern Bank: floor and ceiling meet.

Southern Bank: using the figures

Southern Bank figures form a map of holdings. 261 loans show where Southern Bank stands as holder. The 9.9% cancellation floor shows how Southern Bank approvals fared. It forecasts no Southern Bank request. A Southern Bank project has demand and cost. A Southern Bank borrower should name which of the 261 loans look like it. Differences matter to Southern Bank as much as likenesses. 261 loans, plainly told, let Southern Bank judge the study. A floor of 9.9% at Southern Bank describes the past, not the future.

Southern Bank: study tests

Preparing a request to Southern Bank? Read 261 loans as background for Southern Bank. Full-service restaurant borrowers at Southern Bank meet 21 loans, the closest comparison. Southern Bank: the study tests sales per seat. Southern Bank needs labour cost tested too. Show Southern Bank coverage in a slow year too. Southern Bank needs an appraisal that supports it. Southern Bank offers just 168 unplaced loans for an unnamed type. Southern Bank's study makes the case. Southern Bank holds 155 loans in Missouri. Elsewhere, Southern Bank holdings need a reason. At Southern Bank, a cancellation floor of 9.9% means approval is not funding. The Southern Bank study should allow for delay.