Simmons Bank approved 138 SBA loans worth $94.4M between October 2021 and June 2026, ranking #283 of 2,283 SBA lenders nationally by loan count. Its median loan was $360,300, and 43% went to startups or businesses under two years old. It lent in 14 states, most often in Texas, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Texas | 48 | $46.2M | $520,750 | #82 |
| Missouri | 29 | $20.7M | $250,000 | #38 |
| Arkansas | 22 | $8.5M | $264,750 | #18 |
| Oklahoma | 11 | $4.8M | $100,000 | #42 |
| Tennessee | 10 | $6.4M | $207,000 | #53 |
| Kansas | 6 | $3.8M | $494,250 | #68 |
| Georgia | 4 | $1.2M | $294,150 | #169 |
| Ohio | 2 | $151K | $75,550 | #176 |
| Florida | 1 | $326K | $326,000 | #316 |
| Illinois | 1 | $302K | $302,300 | #247 |
| Michigan | 1 | $457K | $457,100 | #238 |
| Mississippi | 1 | $856K | $856,000 | #90 |
| South Dakota | 1 | $461K | $460,800 | #78 |
| Pennsylvania | 1 | $121K | $120,900 | #216 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 22 | $358,150 | |
| Other services (repair, personal care) | 22 | $444,950 | |
| Retail | 19 | $324,000 | |
| Construction | 18 | $284,500 | |
| Health care and social assistance | 15 | $359,100 | |
| Professional and technical services | 9 | $130,000 | |
| Wholesale trade | 8 | $375,000 | |
| Administrative and support services | 6 | $300,000 | |
| Arts, entertainment and recreation | 5 | $100,000 | |
| Transportation and warehousing | 4 | $750,000 |