SBA loans in Kansas: who lends, what gets bought, how it performs
Since FY2018, SBA lenders have approved 531 7(a) loans to buy an existing business in Kansas, totaling $474M. The median loan was $565,500, 12% lower than the $645,250 national median for SBA-financed acquisitions. Volume rose 28% from FY2024 to FY2026.
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SBA lenders in Kansas
The lenders that made the most SBA 7(a) acquisition loans in Kansas, FY2018 to FY2026.
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Emprise Bank | 39 | 7.3% | $37.2M | |
| 2 | OakStar Bank | 30 | 5.6% | $29.5M | |
| 3 | Live Oak Banking Company | 26 | 4.9% | $37M | |
| 4 | Landmark National Bank | 21 | 4.0% | $12.6M | |
| 5 | Community National Bank & Trust | 21 | 4.0% | $8.1M | |
| 6 | Kendall Bank | 17 | 3.2% | $19.2M | |
| 7 | The Huntington National Bank | 17 | 3.2% | $17.4M | |
| 8 | UMB Bank, National Association | 16 | 3.0% | $10.8M | |
| 9 | Wells Fargo Bank National Association | 15 | 2.8% | $13.6M | |
| 10 | CommunityAmerica Federal Credit Union | 14 | 2.6% | $16.8M |
What this tells a buyer
- Deal size band. Half of Kansas acquisition loans fell between $265,450 and $1,241,000. The nationwide band is $283,000 to $1,465,000.
- Share of national volume. Kansas accounts for 1.1% of all SBA acquisition loans and ranks number 26 of 54 states and territories by count.
- Industry concentration. Hotels (except Casino Hotels) and Motels is the most financed business type here (32 loans, 6% of the state). The top three industries together are 14%.
- Lender concentration. Emprise Bank made 7% of the state's acquisition loans. No single lender dominates, so there are several lenders with local acquisition experience.
- Franchise resales. 19% of acquisition loans in Kansas involved a franchised brand; the most frequent is Dairy Queen (7 loans).
Kansas acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 39 | $26M | $346,500 | |
| FY2019 | 51 | $41.6M | $472,000 | |
| FY2020 | 75 | $55.1M | $467,000 | |
| FY2021 | 82 | $85.6M | $717,000 | |
| FY2022 | 53 | $35.1M | $415,000 | |
| FY2023 | 50 | $42.9M | $499,250 | |
| FY2024 | 54 | $49.5M | $722,850 | |
| FY2025 | 58 | $60.6M | $679,100 | |
| FY2026 | 69 | $77.4M | $835,000 |
How often do these acquisition loans fail?
Of the 247 Kansas acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 12 have been charged off by the SBA, a rate of 4.9% by loan count and 2.2% by dollars. 116 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Kansas is 38% higher than the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Top industries in Kansas
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Hotels (except Casino Hotels) and Motels | 32 | 6.0% | $58.1M | |
| 2 | Full-Service Restaurants | 23 | 4.3% | $8.9M | |
| 3 | Beer, Wine, and Liquor Retailers | 21 | 4.0% | $9.2M | |
| 4 | Limited-Service Restaurants | 17 | 3.2% | $11.2M | |
| 5 | Landscaping Services | 15 | 2.8% | $11.5M | |
| 6 | General Automotive Repair | 14 | 2.6% | $11.9M | |
| 7 | Child Care Services | 14 | 2.6% | $9.9M | |
| 8 | Fitness and Recreational Sports Centers | 13 | 2.4% | $6.6M | |
| 9 | Gasoline Stations with Convenience Stores | 10 | 1.9% | $7.6M | |
| 10 | Home Health Care Services | 9 | 1.7% | $10.5M |
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Franchise brands bought in Kansas
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Dairy Queen | 7 | 1.3% | $6.1M | |
| 2 | Super 8 | 4 | 0.8% | $5.9M | |
| 3 | Days Inn | 3 | 0.6% | $6.2M | |
| 4 | Motel 6 | 3 | 0.6% | $5.7M | |
| 5 | Home Instead | 3 | 0.6% | $5.2M | |
| 6 | The Goddard School | 3 | 0.6% | $3.3M | |
| 7 | Pizza Ranch | 3 | 0.6% | $2M | |
| 8 | The UPS Store | 3 | 0.6% | $1.9M | |
| 9 | Goodcents | 3 | 0.6% | $775K | |
| 10 | Comfort Inn | 2 | 0.4% | $9.3M | |
| 11 | Ford Motor Company | 2 | 0.4% | $5.1M | |
| 12 | Baymont | 2 | 0.4% | $4.2M | |
| 13 | Quality Inn | 2 | 0.4% | $3.7M | |
| 14 | World Fuel Services | 2 | 0.4% | $3.5M | |
| 15 | Orange Theory Fitness | 2 | 0.4% | $993K |
Acquisitions by industry in Kansas
The 9 industries with the most acquisition loans in Kansas (minimum ten). Charge-off rates appear where at least 20 loans are old enough to measure.
| Industry | Loans | Median loan | Charge-off |
|---|---|---|---|
| Hotels and Motels | 32 | $1,572,500 | n/a |
| Full-Service Restaurants | 23 | $200,000 | n/a |
| Beer, Wine, and Liquor Retailers | 21 | $333,000 | n/a |
| Limited-Service Restaurants | 17 | $396,000 | n/a |
| Landscaping Services | 15 | $845,000 | n/a |
| Child Care Services | 14 | $354,500 | n/a |
| General Automotive Repair | 14 | $601,900 | n/a |
| Fitness and Recreational Sports Centers | 13 | $250,000 | n/a |
| Gasoline Stations with Convenience Stores | 10 | $481,700 | n/a |
Questions buyers ask
How much do buyers borrow to buy a business in Kansas?
The median SBA 7(a) acquisition loan in Kansas was $565,500 across 531 loans (FY2018 to FY2026), 12% lower than the $645,250 national median. The middle half of loans ran from $265,450 to $1,241,000. A loan is not the purchase price: it is net of the buyer's equity injection and usually includes some working capital.
Which banks make the most SBA acquisition loans in Kansas?
Emprise Bank (39), OakStar Bank (30), Live Oak Banking Company (26), Landmark National Bank (21), Community National Bank & Trust (21). Emprise Bank alone accounts for 7% of Kansas acquisition loans. See each lender page for industries and states served.
What kinds of businesses are bought with SBA loans in Kansas?
Hotels (except Casino Hotels) and Motels (32), Full-Service Restaurants (23), Beer, Wine, and Liquor Retailers (21), Limited-Service Restaurants (17), Landscaping Services (15). The top three industries make up 14% of the state's acquisition loans.
How often do SBA acquisition loans fail in Kansas?
In the seasoned cohort (FY2018 to FY2021), among 247 Kansas acquisition loans: 4.9% charged off, 38% higher than the 3.5% national acquisition average.
How does Kansas compare with other states?
Kansas ranks number 26 of 54 states and territories by acquisition loan count, with 1.1% of national volume (531 of 48,902 loans) and $474M approved. Browse the full state ranking.
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Related
- Hotels (except Casino Hotels) and Motels nationally
- Full-Service Restaurants nationally
- Beer, Wine, and Liquor Retailers nationally
- Emprise Bank
- OakStar Bank
- Live Oak Banking Company
- All states
- Buyer's guide to the data
State is the project state recorded by the lender (where the acquired business operates), not the borrower's mailing state.