Lenders › Evolve Bank and Trust
7(a) lenderWest Memphis, ArkansasFDIC-insured bank195th of 2,184 by approvals
Evolve Bank and Trust
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Evolve Bank and Trust (West Memphis, Arkansas) is an FDIC-insured bank in the SBA 7(a) program, 195th of 2,184 by approvals in FY2021 to FY2025: 198 loans worth $198M.
In FY2025, the latest complete fiscal year, it had 51 approvals totalling $55.1M, up 42% on FY2024 (36). FY2026 to 30 Jun 2026 adds 29 more.
The median approval was $685K, against $190K for the 7(a) program as a whole; 1.5% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 29 states and territories and 122 counties, led by California (13.6%), Arizona (13.1%) and Colorado (9.1%). The largest industry group was accommodation and food services at 14.1% of approvals, and 16.2% of approvals were to franchise businesses.
Of 402 disbursed loans approved in FY2010 to FY2021, SBA records 16 as charged off (4.0%), 298 as paid in full and 88 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 29 | $36.0M | $831K | $1.2M | 405 |
| FY2025 | 51 | $55.1M | $710K | $1.1M | 683 |
| FY2024 | 36 | $30.8M | $666K | $856K | 339 |
| FY2023 | 31 | $39.5M | $965K | $1.3M | 570 |
| FY2022 | 28 | $23.6M | $653K | $844K | 344 |
| FY2021 | 52 | $49.4M | $610K | $950K | 698 |
| FY2020 | 33 | $24.7M | $527K | $748K | 555 |
| FY2019 | 24 | $16.3M | $480K | $680K | 266 |
| FY2018 | 34 | $28.4M | $598K | $835K | 460 |
| FY2017 | 31 | $31.8M | $622K | $1.0M | 466 |
| FY2016 | 54 | $62.0M | $869K | $1.1M | 772 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 176 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | California | 7(a) program |
|---|---|---|---|
| Approvals in these years | 445 | 79,249 | 639,905 |
| Cancelled or never disbursed | 43 | 10,102 | 79,313 |
| Disbursed loans | 402 | 69,147 | 560,592 |
| Paid in full | 298 | 52,688 | 435,813 |
| Charged off | 16 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 88 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 4.0% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.0% | 1.5% | 2.5% |
| Dollars charged off | $8.5M | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 51 | 30 | 0 | 0.0% | 2.8% |
| FY2020 | 27 | 16 | 0 | — | 4.0% |
| FY2019 | 21 | 10 | 0 | — | 6.7% |
| FY2018 | 32 | 17 | 2 | 6.3% | 7.9% |
| FY2017 | 31 | 17 | 3 | 9.7% | 7.7% |
| FY2016 | 51 | 41 | 3 | 5.9% | 7.2% |
| FY2015 | 43 | 37 | 1 | 2.3% | 6.9% |
| FY2014 | 27 | 21 | 2 | — | 6.4% |
| FY2013 | 43 | 41 | 1 | 2.3% | 6.0% |
| FY2012 | 42 | 38 | 1 | 2.4% | 6.3% |
| FY2011 | 32 | 28 | 3 | 9.4% | 6.9% |
| FY2010 | 2 | 2 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $685K | $190K |
| Average approval | $1.0M | $518K |
| Approvals of $150,000 or less | 1.5% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 40.9% | 34.3% |
| Approvals to franchise businesses | 16.2% | 11.5% |
| Jobs supported per approval, as reported | 13.3 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 4.0% | 6.6% |
States served
| # | State of the business (29 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 27 | $20.9M | 13.6% | |
| 2 | Arizona | 26 | $23.0M | 13.1% | |
| 3 | Colorado | 18 | $16.7M | 9.1% | |
| 4 | Florida | 16 | $10.8M | 8.1% | |
| 5 | Texas | 13 | $14.4M | 6.6% | |
| 6 | Oregon | 12 | $14.7M | 6.1% | |
| 7 | Utah | 11 | $17.3M | 5.6% | |
| 8 | Washington | 10 | $11.4M | 5.1% | |
| 9 | Tennessee | 7 | $8.4M | 3.5% | |
| 10 | New York | 7 | $7.9M | 3.5% | |
| 11 | North Carolina | 6 | $11.1M | 3.0% | |
| 12 | Arkansas | 6 | $8.5M | 3.0% |
In California the lender accounts for 0.1% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (122 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Maricopa County, AZ | 21 | $17.7M | 10.6% | |
| 2 | Los Angeles County, CA | 7 | $4.5M | 3.5% | |
| 3 | Washington County, UT | 5 | $10.0M | 2.5% | |
| 4 | Snohomish County, WA | 4 | $6.2M | 2.0% | |
| 5 | San Diego County, CA | 4 | $3.8M | 2.0% | |
| 6 | Salt Lake County, UT | 3 | $5.6M | 1.5% | |
| 7 | Deschutes County, OR | 3 | $4.5M | 1.5% | |
| 8 | Jefferson County, CO | 3 | $3.5M | 1.5% | |
| 9 | El Paso County, CO | 3 | $3.2M | 1.5% | |
| 10 | Orange County, FL | 3 | $3.0M | 1.5% | |
| 11 | King County, WA | 3 | $3.0M | 1.5% | |
| 12 | Jackson County, OR | 3 | $1.6M | 1.5% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 28 | 14.1% | |
| 2 | Health Care and Social Assistance | 26 | 13.1% | |
| 3 | Retail Trade | 26 | 13.1% | |
| 4 | Other Services (except Public Administration) | 23 | 11.6% | |
| 5 | Manufacturing | 19 | 9.6% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 15 | 7.6% | |
| 7 | Arts, Entertainment, and Recreation | 15 | 7.6% | |
| 8 | Construction | 14 | 7.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 23 | 11.6% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 14 | 7.1% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 10 | 5.1% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 9 | 4.5% | |
| 5 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 8 | 4.0% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 7 | 3.5% | |
| 7 | Child Day Care ServicesNAICS 6244 | 6 | 3.0% | |
| 8 | Personal Care ServicesNAICS 8121 | 5 | 2.5% | |
| 9 | Specialty Food StoresNAICS 4452 | 5 | 2.5% | |
| 10 | Grocery StoresNAICS 4451 | 4 | 2.0% |
Approval sizes
- $50,001 to $150,0001.5%3
- $150,001 to $350,00017.2%34
- $350,001 to $1 million45.5%90
- $1 million to $2 million24.2%48
- Over $2 million11.6%23
Loan terms
- Over 5 to 10 years58.1%115
- Over 10 to 20 years18.7%37
- Over 20 years23.2%46
Age of the businesses
- Existing, more than 2 years old25.3%50
- New business, 2 years or less11.1%22
- Startup, loan funds will open the business29.8%59
- Change of ownership33.8%67
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 190 | 96.0% | |
| 2 | International Trade Loans | 5 | 2.5% | |
| 3 | 7a General | 3 | 1.5% |
Franchise share
32 of 198 approvals in FY2021–FY2025 (16.2%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | CycleBar | 2 | 1.0% | |
| 2 | Dog Haus | 2 | 1.0% | |
| 3 | Chronic Tacos | 2 | 1.0% | |
| 4 | Teaspoon | 2 | 1.0% | |
| 5 | Hotworx | 2 | 1.0% | |
| 6 | Ford Motor Company Dealer Sales and Service Agreement | 1 | 0.5% | |
| 7 | General Motors, LLC | 1 | 0.5% | |
| 8 | Spenga | 1 | 0.5% |
Questions and answers
How many SBA loans does Evolve Bank and Trust make?
SBA approved 51 7(a) loans through Evolve Bank and Trust in FY2025, worth $55.1M, and 198 over FY2021 to FY2025. That ranks 195th of 2,184 active 7(a) lenders by number of approvals.
How large are Evolve Bank and Trust's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $685K and the average $1.0M. The program-wide median was $190K.
What is Evolve Bank and Trust's charge-off rate?
Of 402 disbursed loans approved in FY2010 to FY2021, SBA records 16 as charged off (4.0%), 298 as paid in full and 88 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Evolve Bank and Trust lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (23); other amusement and recreation industries (14); services to buildings and dwellings (10); automotive repair and maintenance (9).
Where does Evolve Bank and Trust make SBA loans?
In 29 states and territories. California 27, Arizona 26, Colorado 18, Florida 16, Texas 13. In California it accounts for 0.1% of all 7(a) approvals.
Is Evolve Bank and Trust's SBA lending rising?
Approvals in the three latest complete fiscal years total 118, against 113 in the three before: broadly level (+4%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error