SBA Loans for Insurance Agencies and Brokerages in Arkansas: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Arkansas. Based on historical SBA 7(a) lending data.
Total Approvals
6
in Arkansas
Median Loan Size
$75,000
per approval
Recent Activity
0
last 90 days through Apr 2024
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $75,000.
Key trends & insights
- Insurance Agencies and Brokerages in Arkansas lending is concentrated — U.s. Bank, National Association, Equity Bank, First Security Bank together account for 83% of all approvals. If you're in this industry, these are your highest-probability lenders.
- U.s. Bank, National Association leads this industry with 3 approvals (50% market share) and a median loan of $176,600.
- Insurance Agencies and Brokerages in Arkansas loans skew smaller than the SBA average at $75,000 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 2024-04-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Insurance Agencies and Brokerages in Arkansas
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $176,600 | |
| 2 | 1 | $75,000 | |
| 3 | 1 | $75,000 | |
| 4 | 1 | $35,000 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Arkansas
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-04 | U.S. Bank, National Association | CAR*****LLC | HEBER SPRINGS, AR | $25,000 |
| 2024-02 | U.S. Bank, National Association | KG *****Inc | PINE BLUFF, AR | $226,800 |
| 2023-12 | Regent Bank | Mon*****nce | OXFORD, AR | $35,000 |
| 2023-04 | Equity Bank | Tru*****ted | BERRYVILLE, AR | $75,000 |
| 2022-11 | First Security Bank | Lar*****LLC | RUSSELLVILLE, AR | $75,000 |
| 2021-12 | U.S. Bank, National Association | LM *****LLC | BRYANT, AR | $176,600 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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