Arkansas Highway 203

The second section begins at US 79B in Bearden and ends at AR 9 south of Holly Springs.

The route travels northwest for about 7 miles (11 km) before intersecting AR 274 northwest of Woodberry where it will share a concurrency for about 4 miles (6.4 km) west.

From there, AR 203 splits off and turns a more northerly direction and travels around the perimeter of the Shumaker Naval Ammunition Depot.

The route then intersects AR 205 in northwestern Calhoun county before reaching its northern terminus at AR 274 just east of East Camden near the campus of Southern Arkansas University Tech.

The route intersects US 79 almost immediately after its southern terminus, then travels in a relatively northwest direction for about 8 miles (13 km) before reaching its northern terminus at AR 9 just south of Holly Springs.