Come Home

To Banking In Northwest Arkansas

SBA Loans



Small business lending is made simple with the
Legacy National Bank SBA Loan Team

Legacy National Bank is committed to helping small businesses start or expand and so it has become an approved U.S. Small Business Administration (SBA) Preferred Lenders Program partner. This “PLP” designation means that the SBA has delegated final credit decisions to Legacy’s team of specially trained SBA lenders because they have proven by their record to be efficient and successful with generating and processing SBA loans. Our SBA loan application decisions will be made locally here by our loan officers. Your loan comes from us directly, backed by a federal government guaranty from the SBA.

SBA loans offer

  • Up to 7 year terms for working capital, inventory, supplies, lines of credit, furniture and fixtures
  • Up to 10 years for equipment, large trucks or vehicle fleets
  • Up to 25 years for real estate purchased for business use (store, warehouse, or manufacturing facility)

Express Loans

Express Loan Image

Up to 350k
Quick turn-around time

Veterans Advantage Loans

Veterans Advantage Loan Image

Up to 350k – No guaranty fee
ever for US Veterans

SBA (7a) Loans

SBA Advantage Loan Image

Up to 5 million for longer term

If you need funding to…

  • refinance all types of current business debts
  • purchase an existing business and its assets
  • purchase equipment, supplies, or inventory
  • open a line of credit
  • fund working capital to expand or improve
  • purchase business vehicle fleets
  • purchase real estate, build, or renovate a store or facility
  • start a new business
…then an SBA loan with Legacy National Bank is for you. Our team of specially-trained SBA loan officers can assist you with any small business loan from $25,000 up to $5 million, whatever your needs.

Our Specially Trained Team

Jason Mayes

Jason Mayes-VP
SBA/Commercial Lending
Call 479-717-1946
Email Jason Mayes

Russell Reynerson-AVP

Russell Reynerson-AVP
SBA/Commercial Lending
Call 479-717-1959
Email Russell Reynerson

Bryce Larry

Bryce Larry-AVP
SBA/Commercial Lending
Call 479-903-7312
Email Bryce Larry

Martha Londagin

Martha Londagin-VP
SBA/Commercial Lending
Call 479-270-4707
Email Martha Londagin

SBA Website Link

Approved to offer SBA loan products under SBA’s Preferred and Express Lenders Certified Programs

SBA loans are federally guaranteed loans that allow local, community banks like Legacy National Bank to offer loans and lines of credit with longer year terms (lower monthly payments) for less money down or collateral pledged. There is a small government guaranty fee associated with an SBA loan over $125,000. Interest rates are competitively priced to borrowers by Legacy National Bank.



SBA Information Form

Fill out this application to find out if you qualify.
  • Name * Required
  • What is the purpose of the business loan or line of credit you need? Please include estimates of dollar amount if known.
  • Please describe the type and size of business you own or hope to open.
  • This field is for validation purposes and should be left unchanged.

We have recently changed who processes our debit card transactions. If you experience a “Declined” message when using your PIN for a purchase please have the merchant rerun your card as a “credit or signature based” transaction.

You will then need to call 1-800-992-3808 and follow the steps to re-PIN your card.  The process will ask for you to verify information.  After verification, you will select option 2 to enter a new PIN.  The PIN entered needs to be the EXACT SAME PIN you had previously.  If a different PIN is entered, your card will continue to decline PIN based transactions.