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SBA lenders in Fort Smith, AR

SBA 7(a) and 504 loans to businesses in Fort Smith (Sebastian County), October 2021 to June 30, 2026 · Updated October 15, 2026
54
SBA loans approved
$43.0M
Total approved
$214,200
Median loan
27
Lenders active
35%
To startups

54 SBA loans worth $43.0M went to businesses in Fort Smith, AR between October 2021 and June 2026, from 27 lenders. U.S. Bank made the most, 8 loans. The median loan was $214,200, compared with $250,000 across Arkansas, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Fort Smith

#LenderLoansApprovedMedian loanTo startups
1U.S. Bank
Bank · Cincinnati, OH
8$196K$25,00025%
2Arvest Bank
Bank · Fayetteville, AR
7$1.0M$50,00086%
3Readycap Lending
Non-bank lender · Berkeley Heights, NJ
4$228K$50,0000%
4T Bank
Bank · Dallas, TX
3$11.0M$3,796,0000%
5Live Oak Banking
Bank · Wilmington, NC
3$1.0M$225,00067%
6Newtek Bank
Bank · Miami, FL
3$700K$150,00033%
7Northeast Bank
Bank · Portland, ME
3$642K$250,0000%
8Shoreham Bank
Bank · Warwick, RI
2$6.4M$3,200,00050%
9Capital Certified Development
Certified development company · Austin, TX
2$2.5M$1,235,5000%
10First National Bank of Pennsylvania
Bank · Greenville, PA
2$815K$407,5000%
11Commercial Bank of California
Bank · Irvine, CA
1$3.1M$3,075,0000%
12East West Bank
Bank · Pasadena, CA
1$3.0M$2,981,0000%
13HomeTrust Bank
Bank · Asheville, NC
1$2.4M$2,400,000100%
14Wells Fargo Bank
Bank · Sioux Falls, SD
1$2.0M$1,999,2000%
15Armstrong Bank
Bank · Muskogee, OK
1$1.6M$1,620,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Fort Smith. For 504 loans the lender shown is the certified development company.

What gets financed in Fort Smith

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels11
20%
$665,100Shoreham Bank
Retail9
17%
$267,600T Bank
Construction8
15%
$100,000U.S. Bank
Other services (repair, personal care)6
11%
$62,500U.S. Bank
Health care and social assistance6
11%
$483,000First National Bank of Pennsylvania
Professional and technical services4
7%
$90,000Arvest Bank
Finance and insurance4
7%
$76,750Arvest Bank
Arts, entertainment and recreation3
6%
$968,700Arvest Bank
Loan size mix
  • Under $150,00039%
  • $150,000 to $500,00026%
  • $500,000 to $2 million19%
  • $2 million and up17%
Compared with Arkansas
Median loan, Fort Smith
$214,200
Median loan, Arkansas
$250,000
Startup share, Fort Smith
35%
Startup share, Arkansas
44%
Share of state's SBA loans
3.4%

SBA loans per fiscal year in Fort Smith

071320FY14: 5 loansFY14FY15: 5 loansFY15FY16: 11 loansFY16FY17: 9 loansFY17FY18: 16 loansFY18FY19: 14 loansFY19FY20: 10 loansFY20FY21: 8 loansFY21FY22: 9 loansFY22FY23: 6 loansFY23FY24: 12 loansFY24FY25: 18 loansFY2518FY26 (Oct to Jun): 9 loansFY269
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.