SBA Loans for Taxi Service in Arkansas: Top Lenders
NAICS 485NAICS 485 covers taxi service businesses in Arkansas. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Arkansas
Median Loan Size
$112,600
per approval
Recent Activity
0
last 90 days through Aug 2024
NAICS 485 covers taxi service businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $112,600.
Key trends & insights
- Taxi Service in Arkansas lending is concentrated — First Community Bank, Arvest Bank, Centennial Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- First Community Bank leads this industry with 1 approvals (33% market share) and a median loan of $110,000.
- Taxi Service in Arkansas loans skew smaller than the SBA average at $112,600 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2024-08-20 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Taxi Service in Arkansas
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $110,000 | |
| 2 | 1 | $112,600 | |
| 3 | 1 | $3,573,200 |
Recent SBA 7(a) approvals for Taxi Service in Arkansas
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-08 | First Community Bank | Ark*****LLC | Conway, AR | $110,000 |
| 2023-08 | Arvest Bank | Hac*****LLC | Rogers, AR | $112,600 |
| 2021-02 | Centennial Bank | Pin*****nc. | SPRINGDALE, AR | $3,573,200 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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