Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Arkansas.
In 2022 there were 65 SBA lenders that approved 283 SBA 7(a) loans for projects in Arkansas totaling $161,150,300. The average loan amount was $569,436. Borrowers from 99 cities were approved for projects in Arkansas for 120 industries. The SBA loan approvals in 2022 represent 2,962 jobs supported or saved in Arkansas.
There were 33 franchise branded businesses receiving 40 loan approvals for $48,296,000 with an average loan amount of $1,207,400.
Our forecast model projects $174 million in total Arkansas SBA 7(a) loan approval amounts in 2023 with $47 million to franchise businesses.
Arkansas Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Arkansas Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.