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County3rd of 70 in Oklahoma by approvalsFIPS 40027
SBA loans in Cleveland County, Oklahoma
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Cleveland County, Oklahoma, received 198 SBA loan approvals worth $93.6M in FY2021 to FY2025 (183 7(a), 15 504).
That is 32.1 approvals per 1,000 business establishments (6,169 establishments in 2023), close to the Oklahoma figure of 29.1 and below the national 41.0.
It ranks 3rd of 70 Oklahoma counties with approvals. In FY2025 there were 47, up 47% on FY2024.
55 lenders had approvals here; the most active were BancFirst (69), First United Bank and Trust Company (12) and Rural Enterprises of Oklahoma, Inc. (10). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Cleveland County
By number of approvals to businesses in the county, FY2021–FY2025; 55 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | BancFirstOklahoma City, OK | 69 | $20.9M | 34.8% | |
| 2 | First United Bank and Trust CompanyDurant, OK | 12 | $7.9M | 6.1% | |
| 3 | Rural Enterprises of Oklahoma, Inc.Durant, OK · CDC | 10 | $8.4M | 5.1% | |
| 4 | Northeast BankLewiston, ME | 10 | $2.0M | 5.1% | |
| 5 | The Huntington National BankColumbus, OH | 9 | $2.4M | 4.5% | |
| 6 | Valliance BankOklahoma City, OK | 6 | $994K | 3.0% | |
| 7 | MidFirst BankOklahoma City, OK | 4 | $2.1M | 2.0% | |
| 8 | Legacy BankHinton, OK | 4 | $1.1M | 2.0% | |
| 9 | Arvest BankFayetteville, AR | 4 | $581K | 2.0% | |
| 10 | Regent BankTulsa, OK | 4 | $432K | 2.0% | |
| 11 | Bank of America, National AssociationCharlotte, NC | 3 | $1.8M | 1.5% | |
| 12 | Live Oak Banking CompanyWilmington, NC | 3 | $1.1M | 1.5% | |
| 13 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $1.1M | 1.5% | |
| 14 | Bank7Oklahoma City, OK | 3 | $198K | 1.5% | |
| 15 | First Pryority BankPryor, OK | 2 | — | 1.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 21 | 10.6% | |
| 2 | Child Day Care ServicesNAICS 6244 | 10 | 5.1% | |
| 3 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 9 | 4.5% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 9 | 4.5% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 8 | 4.0% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 8 | 4.0% | |
| 7 | Commercial and Industrial Machinery and Equipment Rental and LeasingNAICS 5324 | 7 | 3.5% | |
| 8 | Other Personal ServicesNAICS 8129 | 6 | 3.0% | |
| 9 | Services to Buildings and DwellingsNAICS 5617 | 6 | 3.0% | |
| 10 | Personal Care ServicesNAICS 8121 | 6 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 26 | 13.1% | |
| 2 | Retail Trade | 25 | 12.6% | |
| 3 | Health Care and Social Assistance | 23 | 11.6% | |
| 4 | Professional, Scientific, and Technical Services | 22 | 11.1% | |
| 5 | Other Services (except Public Administration) | 21 | 10.6% | |
| 6 | Manufacturing | 14 | 7.1% | |
| 7 | Construction | 13 | 6.6% | |
| 8 | Arts, Entertainment, and Recreation | 11 | 5.6% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 24 | $17.9M | $365K | 1 | — | 25 | 281 |
| FY2025 | 45 | $15.2M | $250K | 2 | — | 47 | 496 |
| FY2024 | 31 | $20.6M | $351K | 1 | — | 32 | 500 |
| FY2023 | 30 | $8.9M | $190K | 3 | $1.5M | 33 | 561 |
| FY2022 | 34 | $8.5M | $152K | 4 | $2.3M | 38 | 442 |
| FY2021 | 43 | $28.3M | $250K | 5 | $5.0M | 48 | 519 |
| FY2020 | 34 | $11.5M | $189K | 0 | — | 34 | 494 |
| FY2019 | 35 | $14.9M | $144K | 2 | — | 37 | 307 |
| FY2018 | 30 | $11.1M | $160K | 2 | — | 32 | 473 |
| FY2017 | 35 | $9.4M | $106K | 1 | — | 36 | 303 |
| FY2016 | 30 | $12.2M | $175K | 2 | — | 32 | 231 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 171 approvals.
Against Oklahoma and the country
| FY2021–FY2025 | Cleveland County | Oklahoma | United States |
|---|---|---|---|
| Approvals | 198 | 2,802 | 342,825 |
| Approvals per 1,000 establishments | 32.1 | 29.1 | 41.0 |
| Median 7(a) approval | $244K | $250K | $190K |
| Median 504 approval | $812K | $569K | $657K |
| Average approval | $473K | $611K | $573K |
| 504 share of approvals | 7.6% | 7.4% | 11.0% |
| Jobs supported per approval, as reported | 12.7 | 12.2 | 10.5 |
| Share of state approvals | 7.1% | 100.0% | — |
Approval sizes
- $50,000 or less11.1%22
- $50,001 to $150,00023.2%46
- $150,001 to $350,00029.3%58
- $350,001 to $1 million25.3%50
- $1 million to $2 million8.1%16
- Over $2 million3.0%6
Age of the businesses
- Existing, more than 2 years old48.0%95
- New business, 2 years or less10.6%21
- Startup, loan funds will open the business31.3%62
- Change of ownership10.1%20
Questions and answers
Which lenders make the most SBA loans in Cleveland County?
By approvals in FY2021 to FY2025: BancFirst (69), First United Bank and Trust Company (12), Rural Enterprises of Oklahoma, Inc. (10), Northeast Bank (10), The Huntington National Bank (9). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Cleveland County?
The median 7(a) approval was $244K and the median 504 approval $812K; the Oklahoma 7(a) median was $250K.
Which industries get the most SBA loans in Cleveland County?
Restaurants and Other Eating Places (21); Child Day Care Services (10); Agencies, Brokerages, and Other Insurance Related Activities (9); Other Amusement and Recreation Industries (9); Automotive Repair and Maintenance (8).
Is SBA lending in Cleveland County rising?
Approvals in the three latest complete fiscal years total 112, against 120 in the three before: broadly level (-7%).
How does Cleveland County compare with the rest of Oklahoma?
32.1 approvals per 1,000 establishments against 29.1 statewide, and 198 of the state's 2,802 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error