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County10th of 71 in Arkansas by approvalsFIPS 05005
SBA loans in Baxter County, Arkansas
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 37 loans to businesses in Baxter County, Arkansas, in FY2021 to FY2025, worth $10.6M: 36 under 7(a) and 1 under 504.
That is 32.9 approvals per 1,000 business establishments (1,125 establishments in 2023), above the Arkansas figure of 23.9 and below the national 41.0.
It ranks 10th of 71 Arkansas counties with approvals. In FY2025 there were 5.
14 lenders had approvals here; the most active were Arvest Bank (14), FNBC Bank (10) and Celtic Bank Corporation (2). The most common industry was printing and related support activities.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Baxter County
By number of approvals to businesses in the county, FY2021–FY2025; 14 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Arvest BankFayetteville, AR | 14 | $3.8M | 37.8% | |
| 2 | FNBC BankAsh Flat, AR | 10 | $886K | 27.0% | |
| 3 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 5.4% | |
| 4 | Wallis BankWallis, TX | 1 | — | 2.7% | |
| 5 | Byline BankChicago, IL | 1 | — | 2.7% | |
| 6 | First State BankTahlequah, OK | 1 | — | 2.7% | |
| 7 | The Bancorp Bank National AssociationSioux Falls, SD | 1 | — | 2.7% | |
| 8 | Guaranty BankSpringfield, MO | 1 | — | 2.7% | |
| 9 | United Business BankWalnut Creek, CA | 1 | — | 2.7% | |
| 10 | Simmons BankPine Bluff, AR | 1 | — | 2.7% | |
| 11 | Rural Missouri, Inc.Jefferson City, MO · CDC | 1 | — | 2.7% | |
| 12 | Northeast BankLewiston, ME | 1 | — | 2.7% | |
| 13 | First Service BankGreenbrier, AR | 1 | — | 2.7% | |
| 14 | The Citizens BankBatesville, AR | 1 | — | 2.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Printing and Related Support ActivitiesNAICS 3231 | 3 | 8.1% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 8.1% | |
| 3 | Architectural, Engineering, and Related ServicesNAICS 5413 | 3 | 8.1% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 3 | 8.1% | |
| 5 | Investigation and Security ServicesNAICS 5616 | 3 | 8.1% | |
| 6 | Other Financial Investment ActivitiesNAICS 5239 | 2 | 5.4% | |
| 7 | Other Personal ServicesNAICS 8129 | 2 | 5.4% | |
| 8 | Business Support ServicesNAICS 5614 | 2 | 5.4% | |
| 9 | Specialized Freight TruckingNAICS 4842 | 2 | 5.4% | |
| 10 | Lessors of Real EstateNAICS 5311 | 1 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Administrative and Support and Waste Management and Remediation Services | 6 | 16.2% | |
| 2 | Accommodation and Food Services | 4 | 10.8% | |
| 3 | Manufacturing | 4 | 10.8% | |
| 4 | Professional, Scientific, and Technical Services | 4 | 10.8% | |
| 5 | Real Estate and Rental and Leasing | 3 | 8.1% | |
| 6 | Construction | 3 | 8.1% | |
| 7 | Other Services (except Public Administration) | 3 | 8.1% | |
| 8 | Health Care and Social Assistance | 3 | 8.1% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 5 | $1.8M | $100K | 0 | — | 5 | 53 |
| FY2025 | 5 | $578K | $135K | 0 | — | 5 | 15 |
| FY2024 | 5 | $1.3M | $100K | 0 | — | 5 | 10 |
| FY2023 | 5 | $686K | $45K | 0 | — | 5 | 16 |
| FY2022 | 6 | $3.0M | $179K | 0 | — | 6 | 47 |
| FY2021 | 15 | $4.8M | $136K | 1 | — | 16 | 121 |
| FY2020 | 7 | $629K | $73K | 0 | — | 7 | 24 |
| FY2019 | 5 | $1.2M | $100K | 0 | — | 5 | 40 |
| FY2018 | 7 | $2.0M | $200K | 0 | — | 7 | 37 |
| FY2017 | 2 | — | — | 0 | — | 2 | 11 |
| FY2016 | 1 | — | — | 0 | — | 1 | 25 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 22 approvals.
Against Arkansas and the country
| FY2021–FY2025 | Baxter County | Arkansas | United States |
|---|---|---|---|
| Approvals | 37 | 1,686 | 342,825 |
| Approvals per 1,000 establishments | 32.9 | 23.9 | 41.0 |
| Median 7(a) approval | $126K | $234K | $190K |
| Median 504 approval | — | $569K | $657K |
| Average approval | $285K | $622K | $573K |
| 504 share of approvals | 2.7% | 7.2% | 11.0% |
| Jobs supported per approval, as reported | 5.6 | 10.5 | 10.5 |
| Share of state approvals | 2.2% | 100.0% | — |
Approval sizes
- $50,000 or less29.7%11
- $50,001 to $150,00032.4%12
- $150,001 to $350,00013.5%5
- $350,001 to $1 million16.2%6
- $1 million to $2 million8.1%3
Age of the businesses
- Existing, more than 2 years old32.4%12
- New business, 2 years or less21.6%8
- Startup, loan funds will open the business29.7%11
- Change of ownership16.2%6
Questions and answers
Which lenders make the most SBA loans in Baxter County?
By approvals in FY2021 to FY2025: Arvest Bank (14), FNBC Bank (10), Celtic Bank Corporation (2), Wallis Bank (1), Byline Bank (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Baxter County?
The median 7(a) approval was $126K; the Arkansas 7(a) median was $234K.
Which industries get the most SBA loans in Baxter County?
Printing and Related Support Activities (3); Restaurants and Other Eating Places (3); Architectural, Engineering, and Related Services (3); Offices of Other Health Practitioners (3); Investigation and Security Services (3).
Is SBA lending in Baxter County rising?
Approvals in the three latest complete fiscal years total 15, against 29 in the three before: falling (-48%).
How does Baxter County compare with the rest of Arkansas?
32.9 approvals per 1,000 establishments against 23.9 statewide, and 37 of the state's 1,686 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error