FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Arkansas, FY2019
That fiscal year's approvals by lender and by county.
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.
In FY2019 (1 October 2018 to 30 September 2019) SBA approved 340 loans in Arkansas: 330 under 7(a) and 10 under 504, worth $162M.
That is about level with FY2018, when there were 362 approvals worth $213M.
Arkansas accounted for 0.6% of the 58,006 approvals nationwide that year. 69 lenders had at least one approval in the state; Arvest Bank had the most, 53.
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.
Approvals by lender
The 40 lenders with the most approvals to Arkansas businesses in FY2019, of 69 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Arvest Bank | 7(a) | 53 | $17.8M | 15.6% | 64 | -11 |
| 2 | U.S. Bank, National Association | 7(a) | 30 | $1.3M | 8.8% | 24 | +6 |
| 3 | Simmons Bank | 7(a) | 22 | $5.7M | 6.5% | 22 | 0 |
| 4 | Bank OZK | 7(a) | 19 | $13.9M | 5.6% | 17 | +2 |
| 5 | The Huntington National Bank | 7(a) | 16 | $12.3M | 4.7% | 9 | +7 |
| 6 | First Financial Bank | 7(a) | 15 | $6.0M | 4.4% | 36 | -21 |
| 7 | FNBC Bank | 7(a) | 15 | $3.1M | 4.4% | 7 | +8 |
| 8 | Southern Bancorp Bank | 7(a) | 12 | $9.4M | 3.5% | 16 | -4 |
| 9 | BayFirst National Bank | 7(a) | 11 | $2.3M | 3.2% | 5 | +6 |
| 10 | Independence Bank | 7(a) | 11 | $1.6M | 3.2% | 6 | +5 |
| 11 | Stone Bank | 7(a) | 9 | $10.0M | 2.6% | 7 | +2 |
| 12 | Regions Bank | 7(a) | 8 | $3.1M | 2.4% | 11 | -3 |
| 13 | The Citizens Bank | 7(a) | 8 | $1.4M | 2.4% | 2 | +6 |
| 14 | Rural Missouri, Inc. | 504 | 6 | $3.6M | 1.8% | 5 | +1 |
| 15 | ACC Capital | 7(a) | 6 | $2.2M | 1.8% | 5 | +1 |
| 16 | First Horizon Bank | 7(a) | 5 | $2.8M | 1.5% | 7 | -2 |
| 17 | Northeast Bank | 7(a) | 5 | $700K | 1.5% | 5 | 0 |
| 18 | The First National Bank of Fort Smith | 7(a) | 5 | $578K | 1.5% | 3 | +2 |
| 19 | Citizens Bank | 7(a) | 4 | $9.3M | 1.2% | 1 | +3 |
| 20 | Six Bridges Capital Corporation | 504 | 4 | $2.1M | 1.2% | 4 | 0 |
| 21 | Legacy National Bank | 7(a) | 4 | $1.1M | 1.2% | 21 | -17 |
| 22 | United Midwest Savings Bank National Association | 7(a) | 4 | $600K | 1.2% | 5 | -1 |
| 23 | Live Oak Banking Company | 7(a) | 3 | $4.1M | 0.9% | 4 | -1 |
| 24 | First Service Bank | 7(a) | 3 | $2.4M | 0.9% | 10 | -7 |
| 25 | Centennial Bank | 7(a) | 3 | $1.9M | 0.9% | 4 | -1 |
| 26 | Stearns Bank National Association | 7(a) | 3 | $785K | 0.9% | 2 | +1 |
| 27 | INTRUST Bank National Association | 7(a) | 3 | $653K | 0.9% | 1 | +2 |
| 28 | BankFirst Financial Services | 7(a) | 3 | $511K | 0.9% | 0 | new |
| 29 | United Bank | 7(a) | 3 | $244K | 0.9% | 5 | -2 |
| 30 | Midwest Regional Bank | 7(a) | 2 | — | 0.6% | 0 | new |
| 31 | Newtek Small Business Finance, Inc. | 7(a) | 2 | — | 0.6% | 3 | -1 |
| 32 | Wells Fargo Bank National Association | 7(a) | 2 | — | 0.6% | 2 | 0 |
| 33 | Evolve Bank and Trust | 7(a) | 2 | — | 0.6% | 0 | new |
| 34 | IncredibleBank | 7(a) | 2 | — | 0.6% | 0 | new |
| 35 | Five Star Bank | 7(a) | 2 | — | 0.6% | 1 | +1 |
| 36 | Guaranty Bank | 7(a) | 2 | — | 0.6% | 0 | new |
| 37 | OMB Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 38 | First Community CU | 7(a) | 1 | — | 0.3% | 0 | new |
| 39 | First-Citizens Bank & Trust Company | 7(a) | 1 | — | 0.3% | 0 | new |
| 40 | First Merchants Bank | 7(a) | 1 | — | 0.3% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Pulaski County | 59 | $32.4M | 17.4% | 58 | +1 |
| 2 | Washington County | 47 | $18.9M | 13.8% | 43 | +4 |
| 3 | Benton County | 45 | $24.3M | 13.2% | 49 | -4 |
| 4 | Garland County | 22 | $5.1M | 6.5% | 16 | +6 |
| 5 | Sebastian County | 19 | $12.4M | 5.6% | 17 | +2 |
| 6 | Faulkner County | 10 | $1.5M | 2.9% | 9 | +1 |
| 7 | Craighead County | 9 | $2.2M | 2.6% | 9 | 0 |
| 8 | Independence County | 8 | $3.0M | 2.4% | 6 | +2 |
| 9 | Lonoke County | 8 | $668K | 2.4% | 5 | +3 |
| 10 | Logan County | 7 | $12.3M | 2.1% | 2 | +5 |
| 11 | White County | 7 | $1.4M | 2.1% | 4 | +3 |
| 12 | Union County | 6 | $5.4M | 1.8% | 4 | +2 |
| 13 | Clark County | 6 | $806K | 1.8% | 1 | +5 |
| 14 | Crawford County | 5 | $1.3M | 1.5% | 9 | -4 |
| 15 | Baxter County | 5 | $1.2M | 1.5% | 7 | -2 |
| 16 | Bradley County | 5 | $3.6M | 1.5% | 3 | +2 |
| 17 | Drew County | 5 | $1.3M | 1.5% | 3 | +2 |
| 18 | Pope County | 4 | $2.4M | 1.2% | 3 | +1 |
| 19 | Saline County | 4 | $770K | 1.2% | 15 | -11 |
| 20 | Polk County | 4 | $966K | 1.2% | 18 | -14 |
| 21 | Van Buren County | 4 | $2.3M | 1.2% | 1 | +3 |
| 22 | Cleburne County | 4 | $385K | 1.2% | 4 | 0 |
| 23 | Johnson County | 4 | $3.4M | 1.2% | 5 | -1 |
| 24 | Lincoln County | 3 | $405K | 0.9% | 1 | +2 |
| 25 | Sharp County | 3 | $1.9M | 0.9% | 5 | -2 |
| 26 | Jefferson County | 3 | $2.1M | 0.9% | 1 | +2 |
| 27 | Greene County | 3 | $1.1M | 0.9% | 1 | +2 |
| 28 | Lawrence County | 2 | — | 0.6% | 1 | +1 |
| 29 | Boone County | 2 | — | 0.6% | 3 | -1 |
| 30 | Izard County | 2 | — | 0.6% | 4 | -2 |
| 31 | Carroll County | 2 | — | 0.6% | 1 | +1 |
| 32 | Crittenden County | 2 | — | 0.6% | 3 | -1 |
| 33 | Hot Spring County | 2 | — | 0.6% | 3 | -1 |
| 34 | Stone County | 2 | — | 0.6% | 2 | 0 |
| 35 | Desha County | 2 | — | 0.6% | 1 | +1 |
| 36 | Monroe County | 2 | — | 0.6% | 1 | +1 |
| 37 | Madison County | 1 | — | 0.3% | 3 | -2 |
| 38 | Miller County | 1 | — | 0.3% | 1 | 0 |
| 39 | Mississippi County | 1 | — | 0.3% | 1 | 0 |
| 40 | Scott County | 1 | — | 0.3% | 3 | -2 |
The 40 counties with the most approvals; every county is on the Arkansas page.
FY2019 against FY2018
| Arkansas | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 330 | 352 |
| 7(a) dollars | $156M | $201M |
| Median 7(a) approval | $150K | $152K |
| 504 approvals | 10 | 10 |
| 504 dollars | $5.7M | $12.0M |
| Jobs supported, as reported | 3,606 | 3,869 |
Questions and answers
Which lenders made the most SBA loans in Arkansas in FY2019?
Arvest Bank (53), U.S. Bank, National Association (30), Simmons Bank (22), Bank OZK (19), The Huntington National Bank (16). 69 lenders had at least one approval.
How many SBA loans were approved in Arkansas in FY2019?
340: 330 under 7(a) worth $156M and 10 under 504 worth $5.7M.
Which Arkansas counties had the most SBA approvals in FY2019?
Pulaski County (59), Washington County (47), Benton County (45), Garland County (22), Sebastian County (19).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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