Arvest Bank was the top U.S. Small Business Administration (SBA) lender in the state of Arkansas in 2020, the seventh consecutive year we have earned that distinction. The ranking is based on 7(a) loan production for the SBA fiscal year ending Sept. 30.
Arvest led Arkansas in both total number (84) and total volume ($14.1 million) of 7(a) loans. Arvest also shared the lead in total number of 504 Loans, with four. Those loans totaled more than $3 million.
Arvest understands how critical these small businesses and their owners and employees are to our communities and remains dedicated to doing all we can to help them not just survive, but thrive.
SBA 7(a) loans are its primary means for helping startup and existing small businesses deal with a variety of general business purposes, and Arvest remains an SBA Preferred Lender, meaning the process is streamlined for applicants. Business owners who need to explore financing options should talk to an SBA Preferred Lender who can offer them a complete range of available options.