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Buying a Business in Kansas

The Numbers

FY2025 Acquisition Loans

63

$66.6M approved

Median Loan

$554k

FY2020 through FY2025

Loans Since FY2020

392

$345M in total approvals

Share of U.S. Activity

1.1%

Of change-of-ownership loans

What the Data Says

Kansas ranks 26th of 53 states and territories for change-of-ownership SBA 7(a) lending: 392 loans since FY2020, 1% of the national total.

The typical deal runs small: its $554k median loan sits below the $650k midpoint across states, within reach on less equity.

Activity is steady, near the state's ~65 a year pace since FY2020.

The most-financed target is hotels (except casino hotels) and motels (26 loans), and the 5 most active lenders wrote about 27% of the state's acquisitions, a broad lender field.

Most Active Acquisition Lenders in Kansas

  1. 1. Emprise Bank32 loans
  2. 2. Landmark National Bank20 loans
  3. 3. Live Oak Banking Company19 loans
  4. 4. Community National Bank & Trust17 loans
  5. 5. OakStar Bank16 loans

A lender being active in Kansas does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lenders.

What Gets Bought in Kansas

  • Hotels (except Casino Hotels) and Motels26 loans
  • Full-Service Restaurants15 loans
  • Landscaping Services13 loans
  • Beer, Wine, and Liquor Retailers13 loans
  • General Automotive Repair11 loans

Industry-specific pricing and diligence live in the Guides. Where the buyable targets sit in Kansas, by county, is in the Kansas buying guide.

By Metro Area in Kansas

  • Kansas City, MO-KS

    300 purchase loans, median $649k. Bought most: Full-Service Restaurants. Most active lender: OakStar Bank (27).

  • Wichita, KS

    83 purchase loans, median $485k. Bought most: Hotels (except Casino Hotels) and Motels. Most active lender: Emprise Bank (25).

  • Joplin, MO-KS

    34 purchase loans, median $616k. Bought most: General Automotive Repair. Most active lender: OakStar Bank (12).

  • Topeka, KS

    23 purchase loans, median $350k. Bought most: Full-Service Restaurants. Most active lender: Landmark National Bank (5).

Every metro area that drew 20 purchase loans, with three lenders each, is in the metro table.

Method & Source

Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Kansas project address. Approvals, not closings; excludes conventional and 504 financing.