Southern Bancorp Bank approved 143 SBA loans worth $130.7M between October 2021 and June 2026, ranking #276 of 2,283 SBA lenders nationally by loan count. Its median loan was $350,000, and 62% went to startups or businesses under two years old. It lent in 10 states, most often in Arkansas, and its most financed industry was health care and social assistance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Arkansas | 97 | $67.9M | $250,000 | #3 |
| Mississippi | 31 | $39.6M | $680,000 | #17 |
| Texas | 5 | $10.4M | $2,308,000 | #264 |
| Tennessee | 2 | $507K | $253,500 | #145 |
| Kansas | 2 | $1.4M | $706,500 | #117 |
| Oklahoma | 2 | $5.0M | $2,488,500 | #126 |
| California | 1 | $300K | $300,000 | #294 |
| Missouri | 1 | $720K | $720,000 | #232 |
| Florida | 1 | $245K | $245,000 | #334 |
| Louisiana | 1 | $4.6M | $4,560,000 | #122 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 34 | $415,750 | |
| Agriculture, forestry and fishing | 31 | $2,469,000 | |
| Restaurants and hotels | 16 | $196,800 | |
| Retail | 14 | $343,250 | |
| Other services (repair, personal care) | 10 | $188,700 | |
| Professional and technical services | 6 | $59,500 | |
| Arts, entertainment and recreation | 6 | $126,500 | |
| Transportation and warehousing | 6 | $302,600 | |
| Administrative and support services | 4 | $534,000 | |
| Manufacturing | 4 | $99,600 |