FY20211 Oct 2020 – 30 Sep 2021
SBA loans in Arkansas, FY2021
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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 345 loans in Arkansas: 306 under 7(a) and 39 under 504, worth $232M.
That is up 8% on FY2020, when there were 318 approvals worth $127M.
Arkansas accounted for 0.6% of the 61,532 approvals nationwide that year. 78 lenders had at least one approval in the state; Arvest Bank had the most, 64.
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 FY2021, of 78 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Arvest Bank | 7(a) | 64 | $21.8M | 18.6% | 84 | -20 |
| 2 | Rural Missouri, Inc. | 504 | 26 | $16.8M | 7.5% | 14 | +12 |
| 3 | U.S. Bank, National Association | 7(a) | 26 | $1.2M | 7.5% | 35 | -9 |
| 4 | Southern Bancorp Bank | 7(a) | 19 | $21.4M | 5.5% | 9 | +10 |
| 5 | First Financial Bank | 7(a) | 19 | $18.7M | 5.5% | 13 | +6 |
| 6 | Bank OZK | 7(a) | 15 | $8.4M | 4.3% | 17 | -2 |
| 7 | First Service Bank | 7(a) | 13 | $8.0M | 3.8% | 15 | -2 |
| 8 | Six Bridges Capital Corporation | 504 | 11 | $8.6M | 3.2% | 7 | +4 |
| 9 | The Huntington National Bank | 7(a) | 9 | $3.9M | 2.6% | 8 | +1 |
| 10 | Live Oak Banking Company | 7(a) | 8 | $9.2M | 2.3% | 2 | +6 |
| 11 | FNBC Bank | 7(a) | 7 | $222K | 2.0% | 16 | -9 |
| 12 | Regions Bank | 7(a) | 6 | $6.0M | 1.7% | 1 | +5 |
| 13 | CS Bank | 7(a) | 6 | $2.0M | 1.7% | 0 | new |
| 14 | The Citizens Bank | 7(a) | 6 | $1.5M | 1.7% | 3 | +3 |
| 15 | United Midwest Savings Bank National Association | 7(a) | 6 | $1.1M | 1.7% | 2 | +4 |
| 16 | Simmons Bank | 7(a) | 5 | $2.5M | 1.4% | 6 | -1 |
| 17 | Southern Bank | 7(a) | 4 | $1.3M | 1.2% | 1 | +3 |
| 18 | Newtek Small Business Finance, Inc. | 7(a) | 4 | $996K | 1.2% | 2 | +2 |
| 19 | Byline Bank | 7(a) | 3 | $11.6M | 0.9% | 1 | +2 |
| 20 | Grand Savings Bank | 7(a) | 3 | $5.4M | 0.9% | 3 | 0 |
| 21 | Open Bank | 7(a) | 3 | $5.2M | 0.9% | 0 | new |
| 22 | The Bancorp Bank National Association | 7(a) | 3 | $4.7M | 0.9% | 1 | +2 |
| 23 | Wells Fargo Bank National Association | 7(a) | 3 | $4.6M | 0.9% | 4 | -1 |
| 24 | Metro City Bank | 7(a) | 3 | $3.5M | 0.9% | 0 | new |
| 25 | Wallis Bank | 7(a) | 3 | $3.3M | 0.9% | 1 | +2 |
| 26 | First Bank of the Lake | 7(a) | 3 | $3.3M | 0.9% | 1 | +2 |
| 27 | Equity Bank | 7(a) | 3 | $2.3M | 0.9% | 1 | +2 |
| 28 | ACC Capital | 7(a) | 3 | $946K | 0.9% | 5 | -2 |
| 29 | GBank | 7(a) | 2 | — | 0.6% | 1 | +1 |
| 30 | Citizens Bank | 7(a) | 2 | — | 0.6% | 1 | +1 |
| 31 | America First Federal Credit Union | 7(a) | 2 | — | 0.6% | 0 | new |
| 32 | Encore Bank | 7(a) | 2 | — | 0.6% | 0 | new |
| 33 | BayFirst National Bank | 7(a) | 2 | — | 0.6% | 6 | -4 |
| 34 | Celtic Bank Corporation | 7(a) | 2 | — | 0.6% | 3 | -1 |
| 35 | Stone Bank | 7(a) | 2 | — | 0.6% | 5 | -3 |
| 36 | OakStar Bank | 7(a) | 2 | — | 0.6% | 0 | new |
| 37 | The First National Bank of Fort Smith | 7(a) | 2 | — | 0.6% | 4 | -2 |
| 38 | BankFirst Financial Services | 7(a) | 2 | — | 0.6% | 0 | new |
| 39 | RiverBank | 7(a) | 2 | — | 0.6% | 1 | +1 |
| 40 | Bank of Bartlett | 7(a) | 1 | — | 0.3% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|
| 1 | Benton County | 55 | $39.6M | 15.9% | 50 | +5 |
| 2 | Pulaski County | 40 | $32.6M | 11.6% | 34 | +6 |
| 3 | Washington County | 28 | $19.7M | 8.1% | 38 | -10 |
| 4 | Garland County | 27 | $10.3M | 7.8% | 20 | +7 |
| 5 | Faulkner County | 17 | $8.2M | 4.9% | 19 | -2 |
| 6 | Baxter County | 16 | $5.0M | 4.6% | 7 | +9 |
| 7 | Sebastian County | 13 | $13.5M | 3.8% | 18 | -5 |
| 8 | Carroll County | 13 | $5.5M | 3.8% | 6 | +7 |
| 9 | Saline County | 10 | $5.5M | 2.9% | 10 | 0 |
| 10 | Randolph County | 8 | $4.1M | 2.3% | 5 | +3 |
| 11 | Craighead County | 8 | $10.0M | 2.3% | 9 | -1 |
| 12 | Polk County | 8 | $1.7M | 2.3% | 5 | +3 |
| 13 | Crawford County | 7 | $4.6M | 2.0% | 2 | +5 |
| 14 | Greene County | 7 | $4.5M | 2.0% | 2 | +5 |
| 15 | Desha County | 7 | $6.5M | 2.0% | 1 | +6 |
| 16 | Independence County | 6 | $5.3M | 1.7% | 2 | +4 |
| 17 | Madison County | 6 | $2.1M | 1.7% | 1 | +5 |
| 18 | Conway County | 6 | $2.2M | 1.7% | 3 | +3 |
| 19 | Boone County | 5 | $7.4M | 1.4% | 3 | +2 |
| 20 | Hot Spring County | 5 | $908K | 1.4% | 4 | +1 |
| 21 | Clark County | 4 | $3.0M | 1.2% | 4 | 0 |
| 22 | Sharp County | 4 | $4.1M | 1.2% | 5 | -1 |
| 23 | White County | 4 | $3.8M | 1.2% | 4 | 0 |
| 24 | Crittenden County | 4 | $7.4M | 1.2% | 0 | new |
| 25 | Union County | 3 | $2.6M | 0.9% | 1 | +2 |
| 26 | Stone County | 3 | $1.4M | 0.9% | 2 | +1 |
| 27 | Lonoke County | 2 | — | 0.6% | 2 | 0 |
| 28 | Pope County | 2 | — | 0.6% | 5 | -3 |
| 29 | Miller County | 2 | — | 0.6% | 4 | -2 |
| 30 | Logan County | 2 | — | 0.6% | 1 | +1 |
| 31 | Scott County | 2 | — | 0.6% | 1 | +1 |
| 32 | Marion County | 2 | — | 0.6% | 2 | 0 |
| 33 | Cleburne County | 2 | — | 0.6% | 6 | -4 |
| 34 | Arkansas County | 2 | — | 0.6% | 1 | +1 |
| 35 | Johnson County | 2 | — | 0.6% | 1 | +1 |
| 36 | Sevier County | 1 | — | 0.3% | 0 | new |
| 37 | Lincoln County | 1 | — | 0.3% | 1 | 0 |
| 38 | Pike County | 1 | — | 0.3% | 8 | -7 |
| 39 | Fulton County | 1 | — | 0.3% | 0 | new |
| 40 | Montgomery County | 1 | — | 0.3% | 2 | -1 |
The 40 counties with the most approvals; every county is on the Arkansas page.
FY2021 against FY2020
| Arkansas | FY2021 | FY2020 |
|---|---|---|
| 7(a) approvals | 306 | 297 |
| 7(a) dollars | $201M | $111M |
| Median 7(a) approval | $270K | $100K |
| 504 approvals | 39 | 21 |
| 504 dollars | $31.5M | $15.9M |
| Jobs supported, as reported | 4,223 | 2,722 |
Questions and answers
Which lenders made the most SBA loans in Arkansas in FY2021?
Arvest Bank (64), Rural Missouri, Inc. (26), U.S. Bank, National Association (26), Southern Bancorp Bank (19), First Financial Bank (19). 78 lenders had at least one approval.
How many SBA loans were approved in Arkansas in FY2021?
345: 306 under 7(a) worth $201M and 39 under 504 worth $31.5M.
Which Arkansas counties had the most SBA approvals in FY2021?
Benton County (55), Pulaski County (40), Washington County (28), Garland County (27), Faulkner County (17).
When does FY2021 start and end?
The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.
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