SBA Loans for Electrical Contractors in Arkansas: Top Lenders

NAICS 238

NAICS 238 covers electrical contractors businesses in Arkansas. Based on historical SBA 7(a) lending data.

Total Approvals

30

in Arkansas

Median Loan Size

$150,000

per approval

Recent Activity

0

last 90 days through Mar 2025

NAICS 238 covers electrical contractors businesses. This is a smaller category in SBA 7(a) lending with 30 approvals on record and a median loan size of $150,000.

Key trends & insights

  • Arvest Bank leads this industry with 7 approvals (23% market share) and a median loan of $30,000.
  • Electrical Contractors in Arkansas loans skew smaller than the SBA average at $150,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Most active SBA lenders for Electrical Contractors in Arkansas

#LenderApprovalsMedian Size
17$30,000
24$33,000
33$200,000
42$248,300
51$231,300
61$150,000
71$242,000
81$335,000
91$24,300
101$246,000
111$127,800
121$187,200
131$150,000
141$280,000
151$1,504,000
161$1,339,300
171$50,000
181$200,000

Recent SBA 7(a) approvals for Electrical Contractors in Arkansas

MonthLenderBorrowerAmount
2025-03Southern Bancorp BankEco*****LLC$335,000
2025-03U.S. Bank, National AssociationSou*****LLC$414,800
2025-03Celtic Bank CorporationMON*****NC.$150,000
2025-02Regions BankQUA*****NC.$1,504,000
2025-01Northeast BankD A*****RIC$46,600
2024-11Northeast BankAQU*****LLC$450,000
2024-11First Commonwealth BankEmb*****LLC$242,000
2024-08The Bank of HoustonDDT*****LLC$280,000
2024-08Readycap Lending, LLCDVS*****APP$50,000
2024-07First Bank of the LakeMig*****sas$246,000
2023-11Arvest BankStr*****sas$454,000
2023-11First Service BankSTE*****NC.$200,000
2022-11BayFirst National BankInn*****LLC$1,145,000
2022-08Arvest BankSli*****LLC$13,000
2022-08Arvest BankSli*****LLC$30,000
2022-08BayFirst National BankH a*****nc.$150,000
2022-06OakStar BankAme*****LLC$127,800
2022-02U.S. Bank, National AssociationTEC*****LLC$15,000
2022-01First National Bank TexasJ B*****LLC$24,300
2021-11Arvest BankNat*****LLC$50,000
2021-08U.S. Bank, National AssociationSHA*****INC$49,000
2021-08HomeTrust BankH J*****Inc$1,339,300
2021-02United Midwest Savings Bank National AssociationHK *****LLC$150,000
2021-02Southern BankAir*****LLC$187,200
2020-08U.S. Bank, National AssociationVar*****Inc$17,000
2020-08Arvest BankFoa*****LLC$120,000
2020-08Arvest BankFoa*****LLC$15,000
2020-02Arvest BankPio*****LLC$25,000
2020-01Arvest BankPio*****LLC$34,700
2020-01Bank OZKWIL*****LLC$231,300
2019-12BayFirst National BankJON*****LLC$200,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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