SBA loans by state
SBA loans in Kansas: 383 approvals in FY 2026, median $250,000
20% of loans financed the purchase of a business. No lender dominated: the busiest made 11% of loans.
Independent site, not a lender and not affiliated with the U.S. Small Business Administration. Loans are applied for only with an SBA lender.
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Kansas: 7(a) loans approved last year
383
| Your rate vs. last year’s loans of this size, all states | about the median for this size |
| Kansas: median rate at approval, $50,001 to $250,000 | 9.50% |
| Kansas: median 7(a) loan last year | $250,000 |
| Payment over 10 years, SBA fee added to the loan | $3,378/mo |
Last year’s loans: the 7(a) loans SBA approved from October 1, 2025 to September 30, 2026 (fiscal year 2026), in SBA’s public loan file of September 30, 2026. Rates at approval were set when prime was 6.75% or 7.00%; today: prime rate 7.00% on November 2, 2026. Your rate is compared on its margin over prime, so the change in prime since last year does not count against you.
Kansas, FY 2026: 383 SBA 7(a) approvals for $237.1 million (34th of the 50 states and DC, SBA file of September 30, 2026). 20% of loans financed the purchase of a business. No lender dominated: the busiest made 11% of loans. 19% of loans ran 15 years or longer. The state stood out for loans to hotels and motels. 25% of loans had a fixed rate, against 13% nationally. Mid-size loans had a median rate of 9.50%, below the national 9.75%. 84 lenders were active, a wide field for the volume. Home-state lenders made 37% of the loans, against 26% nationwide. The median loan, $250,000, was the 18th largest of the 50 states and DC. Borrowers reported 11.4 jobs per loan. Today’s cap on a $250,000 variable loan: 13.00%.
Fee notices read and loan file counted by Radif Partners · Editorial policy · Method and sources
| Lender | FY 2026 loans | Median loan | Median variable rate | Lender’s home state |
|---|---|---|---|---|
| Emprise Bank | 42 | $280,450 | 7.50% | Kansas (in-state) |
| OakStar Bank | 27 | $1,135,000 | 8.75% | Missouri |
| U.S. Bank | 26 | $65,000 | 9.88% | Ohio |
| Newtek Bank | 20 | $87,500 | 9.75% | Florida |
| Live Oak Banking | 16 | $650,000 | 8.38% | North Carolina |
A market for business buyers
Acquisitions took 20% of Kansas’s SBA loans, 3rd highest among the 50 states and DC. Each followed SBA’s rules for buying a business, with their own requirements on the buyer’s equity, the valuation and any seller note.
No single lender dominates
The busiest lender in Kansas, Emprise Bank, made only 11% of loans, a top-lender share 6th lowest among the 50 states and DC, and the five busiest together 34%. 84 lenders took part.
Real estate loans weigh heavily
19% of Kansas’s loans ran 15 years or more, 5th highest among the 50 states and DC. Those long loans are the only ones exposed to SBA’s 5-3-1 prepayment fee.
More common here than nationally: hotels and motels
17 Kansas loans went to hotels and motels, 3.1 times the national share for that trade. The most frequent trades overall were hotels and motels, full-service restaurants and landscaping services. SBA’s lending rules list these properties as special-purpose, which raises the owner’s contribution on a 504 project to 15% and allows a 7(a) purchase that is mostly real estate to run up to 25 years.
| Loan size | Loans | Median variable rate, FY 2026 | SBA maximum today |
|---|---|---|---|
| $50,000 or less | 61 | 10.64% | 13.50% |
| $50,001 to $250,000 | 132 | 9.50% | 13.00% |
| $250,001 to $350,000 | 39 | 9.50% | 11.50% |
| over $350,000 | 151 | 8.50% | 10.00% |
A fixed-rate market
Kansas lenders wrote 25% of their SBA loans at a fixed rate, 8th highest among the 50 states and DC, at a median of 7.84%. The fixed cap, prime plus 5 to 8 points, is set in the Federal Register notice of August 1, 2022.
Mid-size loans priced below average
On loans of $50,001 to $250,000, the median variable rate in Kansas was 9.50%, against 9.75% nationally. A Kansas quote above the national median for that size has room to come down.
Many small lenders
84 different lenders made at least one Kansas loan, about 22 per 100 loans, one of the widest fields in the country for the volume.
Kansas banks keep most of the lending
Lenders with their SBA address in Kansas made 37% of the state’s 383 approvals, 16th of the 50 states and DC and well above the 26% average. Emprise Bank ranks among the five busiest. Local lenders also priced lower: their median variable margin was 1.00 point over prime, against 2.50 points for lenders based elsewhere.
Counties with the most approvals: Johnson (138), Sedgwick (82) and Wyandotte (15). Trades: hotels and motels (17), full-service restaurants (16), landscaping services (13), plumbing, heating, and air-conditioning contractors (13) and beauty salons (12).
All states compared.