States › Arkansas › Sebastian County
County7th of 71 in Arkansas by approvalsFIPS 05131
SBA loans in Sebastian 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 68 loans to businesses in Sebastian County, Arkansas, in FY2021 to FY2025, worth $55.7M: 62 under 7(a) and 6 under 504.
That is 20.0 approvals per 1,000 business establishments (3,398 establishments in 2023), below the Arkansas figure of 23.9 and below the national 41.0.
It ranks 7th of 71 Arkansas counties with approvals. In FY2025 there were 20, up 54% on FY2024.
35 lenders had approvals here; the most active were Arvest Bank (6), U.S. Bank, National Association (6) and Capital Certified Development Corporation (4). The most common industry was other amusement and recreation industries.
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 Sebastian County
By number of approvals to businesses in the county, FY2021–FY2025; 35 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Arvest BankFayetteville, AR | 6 | $1.3M | 8.8% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 6 | $146K | 8.8% | |
| 3 | Capital Certified Development CorporationAustin, TX · CDC | 4 | $5.7M | 5.9% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 4 | $3.3M | 5.9% | |
| 5 | Bank OZKLittle Rock, AR | 4 | $2.4M | 5.9% | |
| 6 | The First National Bank of Fort SmithFort Smith, AR | 4 | $2.1M | 5.9% | |
| 7 | T Bank, National AssociationDallas, TX | 3 | $11.0M | 4.4% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 3 | $700K | 4.4% | |
| 9 | The Huntington National BankColumbus, OH | 3 | $600K | 4.4% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $125K | 4.4% | |
| 11 | First National Bank of PennsylvaniaGreenville, PA | 2 | — | 2.9% | |
| 12 | Simmons BankPine Bluff, AR | 2 | — | 2.9% | |
| 13 | Northeast BankLewiston, ME | 2 | — | 2.9% | |
| 14 | First Financial BankEl Dorado, AR | 1 | — | 1.5% | |
| 15 | Commercial Bank of CaliforniaIrvine, CA | 1 | — | 1.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 10.3% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 6 | 8.8% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 5 | 7.4% | |
| 4 | Gasoline StationsNAICS 4571 | 4 | 5.9% | |
| 5 | Traveler AccommodationNAICS 7211 | 3 | 4.4% | |
| 6 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 4.4% | |
| 7 | Building Finishing ContractorsNAICS 2383 | 3 | 4.4% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 4.4% | |
| 9 | Building Equipment ContractorsNAICS 2382 | 2 | 2.9% | |
| 10 | Other TelecommunicationsNAICS 5179 | 2 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 11 | 16.2% | |
| 2 | Accommodation and Food Services | 9 | 13.2% | |
| 3 | Construction | 9 | 13.2% | |
| 4 | Other Services (except Public Administration) | 8 | 11.8% | |
| 5 | Arts, Entertainment, and Recreation | 7 | 10.3% | |
| 6 | Health Care and Social Assistance | 7 | 10.3% | |
| 7 | Professional, Scientific, and Technical Services | 5 | 7.4% | |
| 8 | Manufacturing | 3 | 4.4% |
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* | 10 | $4.9M | $63K | 0 | — | 10 | 70 |
| FY2025 | 19 | $15.1M | $100K | 1 | — | 20 | 236 |
| FY2024 | 13 | $5.5M | $150K | 0 | — | 13 | 88 |
| FY2023 | 9 | $7.9M | $285K | 0 | — | 9 | 99 |
| FY2022 | 11 | $10.6M | $765K | 2 | — | 13 | 215 |
| FY2021 | 10 | $10.2M | $285K | 3 | $3.3M | 13 | 146 |
| FY2020 | 16 | $6.6M | $121K | 2 | — | 18 | 101 |
| FY2019 | 19 | $12.4M | $150K | 0 | — | 19 | 224 |
| FY2018 | 16 | $7.2M | $237K | 1 | — | 17 | 78 |
| FY2017 | 12 | $12.1M | $183K | 1 | — | 13 | 74 |
| FY2016 | 15 | $8.0M | $300K | 0 | — | 15 | 261 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 82 approvals.
Against Arkansas and the country
| FY2021–FY2025 | Sebastian County | Arkansas | United States |
|---|---|---|---|
| Approvals | 68 | 1,686 | 342,825 |
| Approvals per 1,000 establishments | 20.0 | 23.9 | 41.0 |
| Median 7(a) approval | $259K | $234K | $190K |
| Median 504 approval | $513K | $569K | $657K |
| Average approval | $819K | $622K | $573K |
| 504 share of approvals | 8.8% | 7.2% | 11.0% |
| Jobs supported per approval, as reported | 11.5 | 10.5 | 10.5 |
| Share of state approvals | 4.0% | 100.0% | — |
Approval sizes
- $50,000 or less20.6%14
- $50,001 to $150,00016.2%11
- $150,001 to $350,00017.6%12
- $350,001 to $1 million22.1%15
- $1 million to $2 million7.4%5
- Over $2 million16.2%11
Age of the businesses
- Existing, more than 2 years old45.6%31
- New business, 2 years or less17.6%12
- Startup, loan funds will open the business23.5%16
- Change of ownership11.8%8
- Not answered1.5%1
Questions and answers
Which lenders make the most SBA loans in Sebastian County?
By approvals in FY2021 to FY2025: Arvest Bank (6), U.S. Bank, National Association (6), Capital Certified Development Corporation (4), Live Oak Banking Company (4), Bank OZK (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Sebastian County?
The median 7(a) approval was $259K and the median 504 approval $513K; the Arkansas 7(a) median was $234K.
Which industries get the most SBA loans in Sebastian County?
Other Amusement and Recreation Industries (7); Offices of Other Health Practitioners (6); Restaurants and Other Eating Places (5); Gasoline Stations (4); Traveler Accommodation (3).
Is SBA lending in Sebastian County rising?
Approvals in the three latest complete fiscal years total 42, against 44 in the three before: broadly level (-5%).
How does Sebastian County compare with the rest of Arkansas?
20.0 approvals per 1,000 establishments against 23.9 statewide, and 68 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