FY20221 Oct 2021 – 30 Sep 2022
SBA loans in Arkansas, FY2022
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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 297 loans in Arkansas: 266 under 7(a) and 31 under 504, worth $173M.
That is down 14% on FY2021, when there were 345 approvals worth $232M.
Arkansas accounted for 0.5% of the 56,932 approvals nationwide that year. 67 lenders had at least one approval in the state; Arvest Bank had the most, 45.
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 FY2022, of 67 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Arvest Bank | 7(a) | 45 | $8.6M | 15.2% | 64 | -19 |
| 2 | Rural Missouri, Inc. | 504 | 22 | $19.2M | 7.4% | 26 | -4 |
| 3 | First Financial Bank | 7(a) | 19 | $14.0M | 6.4% | 19 | 0 |
| 4 | U.S. Bank, National Association | 7(a) | 19 | $653K | 6.4% | 26 | -7 |
| 5 | First Service Bank | 7(a) | 16 | $5.1M | 5.4% | 13 | +3 |
| 6 | Southern Bancorp Bank | 7(a) | 15 | $15.0M | 5.1% | 19 | -4 |
| 7 | Simmons Bank | 7(a) | 10 | $4.8M | 3.4% | 5 | +5 |
| 8 | First Security Bank | 7(a) | 10 | $3.0M | 3.4% | 1 | +9 |
| 9 | FNBC Bank | 7(a) | 9 | $1.8M | 3.0% | 7 | +2 |
| 10 | The Huntington National Bank | 7(a) | 8 | $3.7M | 2.7% | 9 | -1 |
| 11 | Live Oak Banking Company | 7(a) | 7 | $8.6M | 2.4% | 8 | -1 |
| 12 | Newtek Small Business Finance, Inc. | 7(a) | 7 | $2.5M | 2.4% | 4 | +3 |
| 13 | Six Bridges Capital Corporation | 504 | 6 | $3.5M | 2.0% | 11 | -5 |
| 14 | Celtic Bank Corporation | 7(a) | 6 | $3.5M | 2.0% | 2 | +4 |
| 15 | Equity Bank | 7(a) | 6 | $3.3M | 2.0% | 3 | +3 |
| 16 | United Midwest Savings Bank National Association | 7(a) | 6 | $1.4M | 2.0% | 6 | 0 |
| 17 | Bank OZK | 7(a) | 5 | $4.6M | 1.7% | 15 | -10 |
| 18 | Byline Bank | 7(a) | 4 | $7.5M | 1.3% | 3 | +1 |
| 19 | First State Bank | 7(a) | 4 | $4.7M | 1.3% | 0 | new |
| 20 | ACC Capital | 7(a) | 4 | $2.0M | 1.3% | 3 | +1 |
| 21 | Encore Bank | 7(a) | 4 | $1.4M | 1.3% | 2 | +2 |
| 22 | OakStar Bank | 7(a) | 3 | $2.1M | 1.0% | 2 | +1 |
| 23 | Capital Certified Development Corporation | 504 | 3 | $1.9M | 1.0% | 1 | +2 |
| 24 | Readycap Lending, LLC | 7(a) | 3 | $896K | 1.0% | 0 | new |
| 25 | The Citizens Bank | 7(a) | 3 | $650K | 1.0% | 6 | -3 |
| 26 | BayFirst National Bank | 7(a) | 3 | $650K | 1.0% | 2 | +1 |
| 27 | The First National Bank of Fort Smith | 7(a) | 3 | $620K | 1.0% | 2 | +1 |
| 28 | Mid-Missouri Bank | 7(a) | 3 | $575K | 1.0% | 0 | new |
| 29 | GBank | 7(a) | 2 | — | 0.7% | 2 | 0 |
| 30 | Regions Bank | 7(a) | 2 | — | 0.7% | 6 | -4 |
| 31 | Anstaff Bank | 7(a) | 2 | — | 0.7% | 1 | +1 |
| 32 | Pinnacle Bank | 7(a) | 2 | — | 0.7% | 1 | +1 |
| 33 | RiverBank | 7(a) | 2 | — | 0.7% | 2 | 0 |
| 34 | US Metro Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 35 | Enterprise Bank & Trust | 7(a) | 1 | — | 0.3% | 0 | new |
| 36 | First Business Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 37 | Hancock Whitney Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 38 | HomeTrust Bank | 7(a) | 1 | — | 0.3% | 1 | 0 |
| 39 | Shoreham Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 40 | First Horizon Bank | 7(a) | 1 | — | 0.3% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|
| 1 | Pulaski County | 49 | $24.8M | 16.5% | 40 | +9 |
| 2 | Benton County | 39 | $24.5M | 13.1% | 55 | -16 |
| 3 | Washington County | 27 | $26.9M | 9.1% | 28 | -1 |
| 4 | Saline County | 22 | $10.1M | 7.4% | 10 | +12 |
| 5 | Garland County | 20 | $2.9M | 6.7% | 27 | -7 |
| 6 | Faulkner County | 17 | $7.9M | 5.7% | 17 | 0 |
| 7 | Sebastian County | 13 | $11.3M | 4.4% | 13 | 0 |
| 8 | Pope County | 11 | $9.4M | 3.7% | 2 | +9 |
| 9 | Craighead County | 7 | $3.8M | 2.4% | 8 | -1 |
| 10 | Baxter County | 6 | $3.0M | 2.0% | 16 | -10 |
| 11 | Cleveland County | 6 | $5.0M | 2.0% | 0 | new |
| 12 | Carroll County | 6 | $2.7M | 2.0% | 13 | -7 |
| 13 | White County | 6 | $3.5M | 2.0% | 4 | +2 |
| 14 | Crawford County | 5 | $910K | 1.7% | 7 | -2 |
| 15 | Randolph County | 5 | $1.9M | 1.7% | 8 | -3 |
| 16 | Drew County | 5 | $1.4M | 1.7% | 0 | new |
| 17 | Union County | 4 | $2.2M | 1.3% | 3 | +1 |
| 18 | Sharp County | 4 | $848K | 1.3% | 4 | 0 |
| 19 | Conway County | 4 | $924K | 1.3% | 6 | -2 |
| 20 | Izard County | 4 | $583K | 1.3% | 1 | +3 |
| 21 | Polk County | 3 | $1.2M | 1.0% | 8 | -5 |
| 22 | Johnson County | 3 | $4.0M | 1.0% | 2 | +1 |
| 23 | Hempstead County | 2 | — | 0.7% | 0 | new |
| 24 | Clark County | 2 | — | 0.7% | 4 | -2 |
| 25 | Madison County | 2 | — | 0.7% | 6 | -4 |
| 26 | Lawrence County | 2 | — | 0.7% | 0 | new |
| 27 | Chicot County | 2 | — | 0.7% | 0 | new |
| 28 | Jefferson County | 2 | — | 0.7% | 1 | +1 |
| 29 | Van Buren County | 2 | — | 0.7% | 0 | new |
| 30 | Hot Spring County | 2 | — | 0.7% | 5 | -3 |
| 31 | Cross County | 2 | — | 0.7% | 1 | +1 |
| 32 | Stone County | 2 | — | 0.7% | 3 | -1 |
| 33 | Independence County | 1 | — | 0.3% | 6 | -5 |
| 34 | Lonoke County | 1 | — | 0.3% | 2 | -1 |
| 35 | Lincoln County | 1 | — | 0.3% | 1 | 0 |
| 36 | Pike County | 1 | — | 0.3% | 1 | 0 |
| 37 | Mississippi County | 1 | — | 0.3% | 0 | new |
| 38 | Yell County | 1 | — | 0.3% | 1 | 0 |
| 39 | Crittenden County | 1 | — | 0.3% | 4 | -3 |
| 40 | St. Francis County | 1 | — | 0.3% | 0 | new |
The 40 counties with the most approvals; every county is on the Arkansas page.
FY2022 against FY2021
| Arkansas | FY2022 | FY2021 |
|---|---|---|
| 7(a) approvals | 266 | 306 |
| 7(a) dollars | $149M | $201M |
| Median 7(a) approval | $202K | $270K |
| 504 approvals | 31 | 39 |
| 504 dollars | $24.7M | $31.5M |
| Jobs supported, as reported | 3,016 | 4,223 |
Questions and answers
Which lenders made the most SBA loans in Arkansas in FY2022?
Arvest Bank (45), Rural Missouri, Inc. (22), First Financial Bank (19), U.S. Bank, National Association (19), First Service Bank (16). 67 lenders had at least one approval.
How many SBA loans were approved in Arkansas in FY2022?
297: 266 under 7(a) worth $149M and 31 under 504 worth $24.7M.
Which Arkansas counties had the most SBA approvals in FY2022?
Pulaski County (49), Benton County (39), Washington County (27), Saline County (22), Garland County (20).
When does FY2022 start and end?
The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.
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