Southern Bancorp Bank
AR
SBA-approved lender offering 7 loan programs across 18 industries.
Key Metrics
Interest Rate
7.42%
0.67% over prime
Average Loan
$773K
Per approval
Total Approvals
54
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Industries Served (18)
Broilers and Other Meat TypeChicken Egg ProductionChild Day Care ServicesCommercial Screen PrintingFuneral Homes and Funeral ServicesGeneral Freight Trucking, Long Distance, TruckloadGeneral Rental CentersLimited-Service RestaurantsLoggingOffices of Physical, Occupational and Speech Therapists, and AudiologiOffices of Physicians (except Mental Health Specialists)Other Building Equipment ContractorsOther Poultry ProductionOutpatient Mental Health and Substance Abuse CentersPlumbing, Heating, and Air-Conditioning ContractorsSoil Preparation, Planting, and CultivatingSurveying and Mapping (except Geophysical) ServicesTitle Abstract and Settlement Offices
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 0.67%
- Effective Rate
- 7.42%
- Fiscal Year
- 2025
- States Served
- AR
- Website
- banksouthern.com
Ready to apply with Southern Bancorp Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.