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County17th of 70 in Oklahoma by approvalsFIPS 40083
SBA loans in Logan 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.
SBA approved 33 loans to businesses in Logan County, Oklahoma, in FY2021 to FY2025, worth $12.5M: 32 under 7(a) and 1 under 504.
That is 34.0 approvals per 1,000 business establishments (970 establishments in 2023), above the Oklahoma figure of 29.1 and below the national 41.0.
It ranks 17th of 70 Oklahoma counties with approvals. In FY2025 there were 7.
15 lenders had approvals here; the most active were FandM Bank (12), BancFirst (8) and The First National Bank and Trust Co, Chickasha, Oklahoma (1). The most common industry was support activities for mining.
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 Logan County
By number of approvals to businesses in the county, FY2021–FY2025; 15 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | FandM BankEdmond, OK | 12 | $6.7M | 36.4% | |
| 2 | BancFirstOklahoma City, OK | 8 | $1.5M | 24.2% | |
| 3 | The First National Bank and Trust Co, Chickasha, OklahomaChickasha, OK | 1 | — | 3.0% | |
| 4 | InterBankOklahoma City, OK | 1 | — | 3.0% | |
| 5 | Ameris BankAtlanta, GA | 1 | — | 3.0% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 3.0% | |
| 7 | Rural Enterprises of Oklahoma, Inc.Durant, OK · CDC | 1 | — | 3.0% | |
| 8 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 3.0% | |
| 9 | First Fidelity BankOklahoma City, OK | 1 | — | 3.0% | |
| 10 | JPMorgan Chase Bank, National AssociationColumbus, OH | 1 | — | 3.0% | |
| 11 | First Security Bank and Trust CompanyOklahoma City, OK | 1 | — | 3.0% | |
| 12 | Oklahoma's Federal Credit UnionOklahoma City, OK | 1 | — | 3.0% | |
| 13 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 3.0% | |
| 14 | Arvest BankFayetteville, AR | 1 | — | 3.0% | |
| 15 | The Citizens Bank of EdmondEdmond, OK | 1 | — | 3.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Support Activities for MiningNAICS 2131 | 3 | 9.1% | |
| 2 | General Freight TruckingNAICS 4841 | 3 | 9.1% | |
| 3 | Consumer Goods RentalNAICS 5322 | 3 | 9.1% | |
| 4 | Beverage ManufacturingNAICS 3121 | 2 | 6.1% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 2 | 6.1% | |
| 6 | Other Personal ServicesNAICS 8129 | 2 | 6.1% | |
| 7 | Nonresidential Building ConstructionNAICS 2362 | 2 | 6.1% | |
| 8 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 6.1% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 6.1% | |
| 10 | Building Finishing ContractorsNAICS 2383 | 1 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 7 | 21.2% | |
| 2 | Mining, Quarrying, and Oil and Gas Extraction | 3 | 9.1% | |
| 3 | Health Care and Social Assistance | 3 | 9.1% | |
| 4 | Transportation and Warehousing | 3 | 9.1% | |
| 5 | Real Estate and Rental and Leasing | 3 | 9.1% | |
| 6 | Manufacturing | 2 | 6.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 2 | 6.1% | |
| 8 | Other Services (except Public Administration) | 2 | 6.1% |
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* | 3 | $6.5M | $975K | 0 | — | 3 | 40 |
| FY2025 | 6 | $5.9M | $278K | 1 | — | 7 | 136 |
| FY2024 | 3 | $417K | $150K | 0 | — | 3 | 11 |
| FY2023 | 4 | $1.5M | $338K | 0 | — | 4 | 32 |
| FY2022 | 8 | $2.9M | $239K | 0 | — | 8 | 58 |
| FY2021 | 11 | $1.4M | $80K | 0 | — | 11 | 33 |
| FY2020 | 9 | $1.3M | $61K | 0 | — | 9 | 73 |
| FY2019 | 10 | $2.7M | $195K | 1 | — | 11 | 31 |
| FY2018 | 3 | $1.4M | $100K | 0 | — | 3 | 8 |
| FY2017 | 8 | $4.0M | $158K | 0 | — | 8 | 135 |
| FY2016 | 2 | — | — | 0 | — | 2 | 7 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 33 approvals.
Against Oklahoma and the country
| FY2021–FY2025 | Logan County | Oklahoma | United States |
|---|---|---|---|
| Approvals | 33 | 2,802 | 342,825 |
| Approvals per 1,000 establishments | 34.0 | 29.1 | 41.0 |
| Median 7(a) approval | $150K | $250K | $190K |
| Median 504 approval | — | $569K | $657K |
| Average approval | $378K | $611K | $573K |
| 504 share of approvals | 3.0% | 7.4% | 11.0% |
| Jobs supported per approval, as reported | 8.2 | 12.2 | 10.5 |
| Share of state approvals | 1.2% | 100.0% | — |
Approval sizes
- $50,000 or less9.1%3
- $50,001 to $150,00042.4%14
- $150,001 to $350,00021.2%7
- $350,001 to $1 million21.2%7
- $1 million to $2 million3.0%1
- Over $2 million3.0%1
Age of the businesses
- Existing, more than 2 years old48.5%16
- New business, 2 years or less15.2%5
- Startup, loan funds will open the business36.4%12
Questions and answers
Which lenders make the most SBA loans in Logan County?
By approvals in FY2021 to FY2025: FandM Bank (12), BancFirst (8), The First National Bank and Trust Co, Chickasha, Oklahoma (1), InterBank (1), Ameris Bank (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Logan County?
The median 7(a) approval was $150K; the Oklahoma 7(a) median was $250K.
Which industries get the most SBA loans in Logan County?
Support Activities for Mining (3); General Freight Trucking (3); Consumer Goods Rental (3); Beverage Manufacturing (2); Services to Buildings and Dwellings (2).
Is SBA lending in Logan County rising?
Approvals in the three latest complete fiscal years total 14, against 28 in the three before: falling (-50%).
How does Logan County compare with the rest of Oklahoma?
34.0 approvals per 1,000 establishments against 29.1 statewide, and 33 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