Arvest Bank Receives U.S. Small Business Administration Honor

Monday, April 15 at 08:00 AM
Category: Arvest News

The U.S. Small Business Administration (SBA) recently honored a group of lenders – including Arvest Bank – for their commitment to providing critical capital to South Central Region businesses in 2018.


The recognition was part of the annual Mid America Lender’s Conference (MALC), held April 8-10 this year in Corpus Christi, Texas.

Arvest was honored as the Arkansas District’s Impact Lender of the Year due to its strong and longstanding commitment to the SBA lending program. Arvest has topped Arkansas’ SBA lender list for the past five years, and in 2018, made 54 7(a) guaranty loans, totaling more than $21 million.

Additionally, since 2014, Arvest has supported small business in Arkansas with 321 loans totaling more than $104 million, which supported an estimated 3,000 jobs in the state.

“The impact of these high-achieving, dedicated lenders can be felt throughout our communities as they supply needed finding to entrepreneurs to start or expand small businesses and create good-paying American jobs that help strengthen our economy,” regional administrator Justin Crouse said in a news release issued by the SBA.

Tags: Arvest
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