Simmons Bank
Arkansas-founded SBA Preferred Lender since 1903 with 25.1 billion in assets, 200+ locations across 8 states, Top 25 SBA Lender recognition, offering streamlined in-house approvals and commercial lending.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (8 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Simmons Bank ranks #330 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Simmons Bank’s 7(a) acquisition lending falls in the $1M-$2M range: 3 loans, 37.5% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 2 | 25.0% | |
| $500K-$1M | 2 | 25.0% | |
| $1M-$2M | 3 | 37.5% | |
| $3M-$4M | 1 | 12.5% |
Industries with highest loan volume
Plumbing, Heating, and Air-Conditioning Contractors
2
loans
$833K
avg. amount
General Automotive Repair
1
loans
$509K
avg. amount
Payroll Services
1
loans
$2.0M
avg. amount
Clothing and Clothing Accessories Retailers
1
loans
$202K
avg. amount
Roofing, Siding, and Insulation Material Merchant Wholesalers
1
loans
$3.9M
avg. amount
Residential Remodelers
1
loans
$221K
avg. amount
Landscaping Services
1
loans
$1.0M
avg. amount
10-Year
4.8%
Percentile Ranking
95th
95th percentile
Simmons Bank’s median variable rate is + 2.00%, against a market median of Prime + 1.88%, 13 above market.
It priced below the market median in 3 of the last 8 quarters. 1 of the 8 loans in its trailing three-year book carried a fixed rate; the rest were variable.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.00% |
| $500K-$1M | Prime + 2.00% |
| $1M-$2M | Prime + 1.17% |
| $3M-$4M | Prime + 1.00% |
over at time of loan origination
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q1 '18 | Prime + 1.88% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 4 |
| Q2 '18 | Prime + 2.00% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 4 |
| Q3 '18 | Prime + 1.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 10 |
| Q1 '19 | Prime + 2.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 4 |
| Q3 '19 | Prime + 2.13% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 6 |
| Q3 '21 | Prime + 2.50% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
| Q2 '22 | Prime + 2.25% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
| Q3 '22 | Prime + 0.75% | Prime + 1.75% | Prime + 1.25% – Prime + 2.25% | 3 |
Simmons Bank has originated 7(a) acquisition loans in 5 states, most actively in Missouri (3), Oklahoma (2) and Kansas (1). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Missouri | 3 | 37.5% |
| Oklahoma | 2 | 25.0% |
| Kansas | 1 | 12.5% |
| Arkansas | 1 | 12.5% |
| Texas | 1 | 12.5% |
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