Arvest State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Arvest State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 423120 | Motor Vehicle Supplies and New Parts Merchant Wholesalers | 4 | $258K | $64K | 9.8% |
| 812112 | Beauty Salons | 2 | $50K | $25K | 4.9% |
| 213112 | Support Activities for Oil and Gas Operations | 2 | $65K | $33K | 4.9% |
| 713990 | All Other Amusement and Recreation Industries | 2 | $177K | $89K | 4.9% |
| 812990 | All Other Personal Services | 1 | $50K | $50K | 2.4% |
| 326199 | All Other Plastics Product Manufacturing | 1 | $50K | $50K | 2.4% |
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 1 | $40K | $40K | 2.4% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 1 | $104K | $104K | 2.4% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $175K | $175K | 2.4% |
| 332710 | Machine Shops | 1 | $222K | $222K | 2.4% |
Geographic Distribution
SBA lending activity for Arvest State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 25 | $2.3M | 61.0% |
| Arkansas (AR) | 13 | $1.0M | 31.7% |
| Missouri (MO) | 3 | $595K | 7.3% |
Why Choose Arvest State Bank?
Based on SBA 7(a) lending track record from 2002-2008
- ✓Proven Track Record: 41 SBA loans approved, totaling $3.9M in financing
- ✓Industry Expertise: Specialized focus on Motor Vehicle Supplies and New Parts Merchant Wholesalers, Beauty Salons, Support Activities for Oil and Gas Operations
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 70 months
- ✓Loan Range: Loan sizes from $5K to $312K, with an average of $95K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in OK, AR, MO
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Arvest State Bank SBA lending
What types of businesses does Arvest State Bank typically finance?
Arvest State Bank specializes in SBA 7(a) lending to specific industries including motor vehicle supplies and new parts merchant wholesalers, beauty salons, support activities for oil and gas operations, all other amusement and recreation industries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Arvest State Bank's typical SBA loan terms?
Arvest State Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 70 months (approximately 6 years). Loan sizes range from $5K to $312K, with an average loan size of $95K.
Do I need a business valuation for a Arvest State Bank SBA loan?
Yes, Arvest State Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Arvest State Bank compare to other SBA lenders?
Arvest State Bank has originated 41 SBA loans totaling $3.9M since 2002. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Arvest State Bank lend in?
Arvest State Bank provides SBA 7(a) financing with particularly strong presence in OK, AR, MO. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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