States › Arkansas › Carroll County
County9th of 71 in Arkansas by approvalsFIPS 05015
SBA loans in Carroll 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.
Businesses in Carroll County, Arkansas, received 38 SBA loan approvals worth $17.9M in FY2021 to FY2025 (32 7(a), 6 504).
That is 52.6 approvals per 1,000 business establishments (722 establishments in 2023), above the Arkansas figure of 23.9 and above the national 41.0.
It ranks 9th of 71 Arkansas counties with approvals. In FY2025 there were 7.
12 lenders had approvals here; the most active were CS Bank (9), Equity Bank (9) and Rural Missouri, Inc. (6). The most common industry was restaurants and other eating places.
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 Carroll County
By number of approvals to businesses in the county, FY2021–FY2025; 12 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | CS BankEureka Springs, AR | 9 | $3.5M | 23.7% | |
| 2 | Equity BankAndover, KS | 9 | $2.2M | 23.7% | |
| 3 | Rural Missouri, Inc.Jefferson City, MO · CDC | 6 | $2.4M | 15.8% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 2 | — | 5.3% | |
| 5 | America First Federal Credit UnionRiverdale, UT | 2 | — | 5.3% | |
| 6 | Arvest BankFayetteville, AR | 2 | — | 5.3% | |
| 7 | Northeast BankLewiston, ME | 2 | — | 5.3% | |
| 8 | FNBC BankAsh Flat, AR | 2 | — | 5.3% | |
| 9 | Old National BankEvansville, IN | 1 | — | 2.6% | |
| 10 | Anstaff BankGreen Forest, AR | 1 | — | 2.6% | |
| 11 | GBankLas Vegas, NV | 1 | — | 2.6% | |
| 12 | The Huntington National BankColumbus, OH | 1 | — | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 21.1% | |
| 2 | Traveler AccommodationNAICS 7211 | 5 | 13.2% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 3 | 7.9% | |
| 4 | Advertising, Public Relations, and Related ServicesNAICS 5418 | 2 | 5.3% | |
| 5 | Machinery, Equipment, and Supplies Merchant WholesalersNAICS 4238 | 2 | 5.3% | |
| 6 | Lessors of Real EstateNAICS 5311 | 2 | 5.3% | |
| 7 | Building Material and Supplies DealersNAICS 4441 | 2 | 5.3% | |
| 8 | Poultry and Egg ProductionNAICS 1123 | 1 | 2.6% | |
| 9 | Animal Food ManufacturingNAICS 3111 | 1 | 2.6% | |
| 10 | Wired and Wireless Telecommunications CarriersNAICS 5173 | 1 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 15 | 39.5% | |
| 2 | Agriculture, Forestry, Fishing and Hunting | 3 | 7.9% | |
| 3 | Retail Trade | 3 | 7.9% | |
| 4 | Administrative and Support and Waste Management and Remediation Services | 3 | 7.9% | |
| 5 | Professional, Scientific, and Technical Services | 2 | 5.3% | |
| 6 | Wholesale Trade | 2 | 5.3% | |
| 7 | Real Estate and Rental and Leasing | 2 | 5.3% | |
| 8 | Other Services (except Public Administration) | 2 | 5.3% |
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* | 1 | — | — | 0 | — | 1 | 2 |
| FY2025 | 5 | $1.6M | $245K | 2 | — | 7 | 28 |
| FY2024 | 3 | $2.5M | $1.1M | 2 | — | 5 | 62 |
| FY2023 | 6 | $3.5M | $116K | 1 | — | 7 | 48 |
| FY2022 | 6 | $2.7M | $414K | 0 | — | 6 | 40 |
| FY2021 | 12 | $5.1M | $348K | 1 | — | 13 | 53 |
| FY2020 | 6 | $2.0M | $38K | 0 | — | 6 | 35 |
| FY2019 | 0 | — | — | 2 | — | 2 | 0 |
| FY2018 | 1 | — | — | 0 | — | 1 | 2 |
| FY2017 | 6 | $1.5M | $229K | 0 | — | 6 | 44 |
| FY2016 | 4 | $1.8M | $412K | 0 | — | 4 | 23 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 19 approvals.
Against Arkansas and the country
| FY2021–FY2025 | Carroll County | Arkansas | United States |
|---|---|---|---|
| Approvals | 38 | 1,686 | 342,825 |
| Approvals per 1,000 establishments | 52.6 | 23.9 | 41.0 |
| Median 7(a) approval | $345K | $234K | $190K |
| Median 504 approval | $433K | $569K | $657K |
| Average approval | $470K | $622K | $573K |
| 504 share of approvals | 15.8% | 7.2% | 11.0% |
| Jobs supported per approval, as reported | 6.1 | 10.5 | 10.5 |
| Share of state approvals | 2.3% | 100.0% | — |
Approval sizes
- $50,000 or less2.6%1
- $50,001 to $150,00021.1%8
- $150,001 to $350,00028.9%11
- $350,001 to $1 million36.8%14
- $1 million to $2 million7.9%3
- Over $2 million2.6%1
Age of the businesses
- Existing, more than 2 years old42.1%16
- New business, 2 years or less13.2%5
- Startup, loan funds will open the business23.7%9
- Change of ownership21.1%8
Questions and answers
Which lenders make the most SBA loans in Carroll County?
By approvals in FY2021 to FY2025: CS Bank (9), Equity Bank (9), Rural Missouri, Inc. (6), Newtek Bank, National Association (2), America First Federal Credit Union (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Carroll County?
The median 7(a) approval was $345K and the median 504 approval $433K; the Arkansas 7(a) median was $234K.
Which industries get the most SBA loans in Carroll County?
Restaurants and Other Eating Places (8); Traveler Accommodation (5); Services to Buildings and Dwellings (3); Advertising, Public Relations, and Related Services (2); Machinery, Equipment, and Supplies Merchant Wholesalers (2).
Is SBA lending in Carroll County rising?
Approvals in the three latest complete fiscal years total 19, against 25 in the three before: falling (-24%).
How does Carroll County compare with the rest of Arkansas?
52.6 approvals per 1,000 establishments against 23.9 statewide, and 38 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