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County19th of 70 in Oklahoma by approvalsFIPS 40039
SBA loans in Custer 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 Custer County, Oklahoma, received 30 SBA loan approvals worth $16.0M in FY2021 to FY2025 (29 7(a), 1 504).
That is 31.7 approvals per 1,000 business establishments (945 establishments in 2023), close to the Oklahoma figure of 29.1 and below the national 41.0.
It ranks 19th of 70 Oklahoma counties with approvals. In FY2025 there were 3.
17 lenders had approvals here; the most active were BancFirst (5), Bank of Hydro (4) and BANK360 (4). The most common industry was traveler accommodation.
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 Custer County
By number of approvals to businesses in the county, FY2021–FY2025; 17 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | BancFirstOklahoma City, OK | 5 | $2.7M | 16.7% | |
| 2 | Bank of HydroHydro, OK | 4 | $3.1M | 13.3% | |
| 3 | BANK360Cordell, OK | 4 | $1.6M | 13.3% | |
| 4 | Legacy BankHinton, OK | 4 | $890K | 13.3% | |
| 5 | HomeTrust BankAsheville, NC | 1 | — | 3.3% | |
| 6 | First Western SBLC, LLCDallas, TX | 1 | — | 3.3% | |
| 7 | Five Star BankRancho Cordova, CA | 1 | — | 3.3% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 1 | — | 3.3% | |
| 9 | Citizens BankElizabethton, TN | 1 | — | 3.3% | |
| 10 | Oklahoma Bank and Trust CompanyClinton, OK | 1 | — | 3.3% | |
| 11 | VelocitySBA, LLCIrving, TX | 1 | — | 3.3% | |
| 12 | First Bank and Trust of Memphis, A Division of Bank19Memphis, TX | 1 | — | 3.3% | |
| 13 | Blue Sky BankPawhuska, OK | 1 | — | 3.3% | |
| 14 | Great Plains National BankElk City, OK | 1 | — | 3.3% | |
| 15 | Rural Enterprises of Oklahoma, Inc.Durant, OK · CDC | 1 | — | 3.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 2 | 6.7% | |
| 2 | Grocery StoresNAICS 4451 | 2 | 6.7% | |
| 3 | Specialty Food StoresNAICS 4452 | 2 | 6.7% | |
| 4 | Support Activities for MiningNAICS 2131 | 2 | 6.7% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 6.7% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 2 | 6.7% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 2 | 6.7% | |
| 8 | Health and Personal Care RetailersNAICS 4561 | 2 | 6.7% | |
| 9 | Lessors of Real EstateNAICS 5311 | 2 | 6.7% | |
| 10 | Automotive Repair and MaintenanceNAICS 8111 | 1 | 3.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 8 | 26.7% | |
| 2 | Accommodation and Food Services | 4 | 13.3% | |
| 3 | Other Services (except Public Administration) | 3 | 10.0% | |
| 4 | Finance and Insurance | 2 | 6.7% | |
| 5 | Mining, Quarrying, and Oil and Gas Extraction | 2 | 6.7% | |
| 6 | Health Care and Social Assistance | 2 | 6.7% | |
| 7 | Professional, Scientific, and Technical Services | 2 | 6.7% | |
| 8 | Real Estate and Rental and Leasing | 2 | 6.7% |
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* | 2 | — | — | 0 | — | 2 | 13 |
| FY2025 | 3 | $734K | $326K | 0 | — | 3 | 42 |
| FY2024 | 8 | $6.4M | $385K | 0 | — | 8 | 159 |
| FY2023 | 5 | $2.0M | $270K | 1 | — | 6 | 39 |
| FY2022 | 7 | $3.0M | $350K | 0 | — | 7 | 85 |
| FY2021 | 6 | $3.6M | $272K | 0 | — | 6 | 42 |
| FY2020 | 8 | $3.5M | $290K | 0 | — | 8 | 39 |
| FY2019 | 8 | $5.1M | $78K | 0 | — | 8 | 27 |
| FY2018 | 1 | — | — | 0 | — | 1 | 0 |
| FY2017 | 1 | — | — | 0 | — | 1 | 2 |
| FY2016 | 5 | $6.6M | $480K | 0 | — | 5 | 78 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 23 approvals.
Against Oklahoma and the country
| FY2021–FY2025 | Custer County | Oklahoma | United States |
|---|---|---|---|
| Approvals | 30 | 2,802 | 342,825 |
| Approvals per 1,000 establishments | 31.7 | 29.1 | 41.0 |
| Median 7(a) approval | $326K | $250K | $190K |
| Median 504 approval | — | $569K | $657K |
| Average approval | $533K | $611K | $573K |
| 504 share of approvals | 3.3% | 7.4% | 11.0% |
| Jobs supported per approval, as reported | 12.2 | 12.2 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less3.3%1
- $50,001 to $150,00013.3%4
- $150,001 to $350,00043.3%13
- $350,001 to $1 million30.0%9
- $1 million to $2 million6.7%2
- Over $2 million3.3%1
Age of the businesses
- Existing, more than 2 years old36.7%11
- New business, 2 years or less30.0%9
- Startup, loan funds will open the business26.7%8
- Change of ownership6.7%2
Questions and answers
Which lenders make the most SBA loans in Custer County?
By approvals in FY2021 to FY2025: BancFirst (5), Bank of Hydro (4), BANK360 (4), Legacy Bank (4), HomeTrust Bank (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Custer County?
The median 7(a) approval was $326K; the Oklahoma 7(a) median was $250K.
Which industries get the most SBA loans in Custer County?
Traveler Accommodation (2); Grocery Stores (2); Specialty Food Stores (2); Support Activities for Mining (2); Restaurants and Other Eating Places (2).
Is SBA lending in Custer County rising?
Approvals in the three latest complete fiscal years total 17, against 21 in the three before: falling (-19%).
How does Custer County compare with the rest of Oklahoma?
31.7 approvals per 1,000 establishments against 29.1 statewide, and 30 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