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The Bank of Missouri is No. 1 on RMI's list.
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The Bank of Missouri is No. 1 on RMI's list.

Community banks recognized for SBA lending

Posted online

The Bank of Missouri is the leader among nearly 30 community banks recognized by RMI Business Finance for Small Business Administration lending.

Jefferson City-based RMI, an SBA-certified development company, yesterday published a list showing the top central Missouri region banks that partnered on SBA 504 business loans during the third quarter. According to a news release, 504 loans provide fixed-asset, long-term financing at low interest rates.

Lenders with at least eight loans are dubbed platinum-level partners by RMI. In the third quarter, they are:
• The Bank of Missouri, 28 loans;
• Arvest Bank, 20;
• Hawthorn Bank, 18;
• OakStar Bank, 17;
• Simmons Bank, 13;
• Central Bank of the Midwest, 12;
• Central Bank of the Ozarks, 11;
• Guaranty Bank, 10;
• Southern Bank, 10;
• Mid-Missouri Bank, nine; and
• Springfield First Community Bank, eight.

The loan totals were not disclosed in the release.

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