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County13th of 70 in Oklahoma by approvalsFIPS 40087
SBA loans in McClain 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 38 loans to businesses in McClain County, Oklahoma, in FY2021 to FY2025, worth $29.4M: 35 under 7(a) and 3 under 504.
That is 39.7 approvals per 1,000 business establishments (958 establishments in 2023), above the Oklahoma figure of 29.1 and close to the national 41.0.
It ranks 13th of 70 Oklahoma counties with approvals. In FY2025 there were 10.
18 lenders had approvals here; the most active were Great Plains National Bank (4), BancFirst (4) and Legacy Bank (4). 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 McClain County
By number of approvals to businesses in the county, FY2021–FY2025; 18 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Great Plains National BankElk City, OK | 4 | $1.6M | 10.5% | |
| 2 | BancFirstOklahoma City, OK | 4 | $449K | 10.5% | |
| 3 | Legacy BankHinton, OK | 4 | $124K | 10.5% | |
| 4 | AmeriState BankAtoka, OK | 3 | $4.5M | 7.9% | |
| 5 | Rural Enterprises of Oklahoma, Inc.Durant, OK · CDC | 3 | $4.4M | 7.9% | |
| 6 | Beacon Bank and TrustBrookline, MA | 3 | $3.4M | 7.9% | |
| 7 | First United Bank and Trust CompanyDurant, OK | 3 | $3.2M | 7.9% | |
| 8 | Newtek Small Business Finance, Inc.Lake Success, NY | 3 | $1.5M | 7.9% | |
| 9 | Commercial Bank of CaliforniaIrvine, CA | 2 | — | 5.3% | |
| 10 | The Huntington National BankColumbus, OH | 1 | — | 2.6% | |
| 11 | Fifth Third BankCincinnati, OH | 1 | — | 2.6% | |
| 12 | Happen BankLehi, UT | 1 | — | 2.6% | |
| 13 | Prism BankGuthrie, OK | 1 | — | 2.6% | |
| 14 | Stride Bank, National AssociationEnid, OK | 1 | — | 2.6% | |
| 15 | Bank7Oklahoma City, OK | 1 | — | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Support Activities for MiningNAICS 2131 | 3 | 7.9% | |
| 2 | Fruit and Vegetable Preserving and Specialty Food ManufacturingNAICS 3114 | 3 | 7.9% | |
| 3 | Waste CollectionNAICS 5621 | 3 | 7.9% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 3 | 7.9% | |
| 5 | Support Activities for Animal ProductionNAICS 1152 | 2 | 5.3% | |
| 6 | Traveler AccommodationNAICS 7211 | 2 | 5.3% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 2 | 5.3% | |
| 8 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 5.3% | |
| 9 | General Freight TruckingNAICS 4841 | 2 | 5.3% | |
| 10 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 5.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Administrative and Support and Waste Management and Remediation Services | 7 | 18.4% | |
| 2 | Construction | 6 | 15.8% | |
| 3 | Manufacturing | 5 | 13.2% | |
| 4 | Accommodation and Food Services | 4 | 10.5% | |
| 5 | Mining, Quarrying, and Oil and Gas Extraction | 3 | 7.9% | |
| 6 | Agriculture, Forestry, Fishing and Hunting | 3 | 7.9% | |
| 7 | Transportation and Warehousing | 3 | 7.9% | |
| 8 | Retail Trade | 2 | 5.3% |
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* | 1 | — | — | 0 | — | 1 | 7 |
| FY2025 | 10 | $10.4M | $387K | 0 | — | 10 | 149 |
| FY2024 | 3 | $1.4M | $165K | 0 | — | 3 | 21 |
| FY2023 | 6 | $4.5M | $546K | 1 | — | 7 | 135 |
| FY2022 | 5 | $2.2M | $350K | 2 | — | 7 | 61 |
| FY2021 | 11 | $6.7M | $255K | 0 | — | 11 | 121 |
| FY2020 | 6 | $1.9M | $99K | 1 | — | 7 | 65 |
| FY2019 | 5 | $502K | $100K | 0 | — | 5 | 21 |
| FY2018 | 7 | $3.1M | $230K | 0 | — | 7 | 59 |
| FY2017 | 0 | — | — | 1 | — | 1 | 24 |
| FY2016 | 6 | $3.7M | $91K | 0 | — | 6 | 59 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 26 approvals.
Against Oklahoma and the country
| FY2021–FY2025 | McClain County | Oklahoma | United States |
|---|---|---|---|
| Approvals | 38 | 2,802 | 342,825 |
| Approvals per 1,000 establishments | 39.7 | 29.1 | 41.0 |
| Median 7(a) approval | $397K | $250K | $190K |
| Median 504 approval | $1.8M | $569K | $657K |
| Average approval | $773K | $611K | $573K |
| 504 share of approvals | 7.9% | 7.4% | 11.0% |
| Jobs supported per approval, as reported | 12.8 | 12.2 | 10.5 |
| Share of state approvals | 1.4% | 100.0% | — |
Approval sizes
- $50,000 or less10.5%4
- $50,001 to $150,00015.8%6
- $150,001 to $350,00018.4%7
- $350,001 to $1 million31.6%12
- $1 million to $2 million13.2%5
- Over $2 million10.5%4
Age of the businesses
- Existing, more than 2 years old42.1%16
- New business, 2 years or less34.2%13
- Startup, loan funds will open the business18.4%7
- Change of ownership5.3%2
Questions and answers
Which lenders make the most SBA loans in McClain County?
By approvals in FY2021 to FY2025: Great Plains National Bank (4), BancFirst (4), Legacy Bank (4), AmeriState Bank (3), Rural Enterprises of Oklahoma, Inc. (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in McClain County?
The median 7(a) approval was $397K and the median 504 approval $1.8M; the Oklahoma 7(a) median was $250K.
Which industries get the most SBA loans in McClain County?
Support Activities for Mining (3); Fruit and Vegetable Preserving and Specialty Food Manufacturing (3); Waste Collection (3); Services to Buildings and Dwellings (3); Support Activities for Animal Production (2).
Is SBA lending in McClain County rising?
Approvals in the three latest complete fiscal years total 20, against 25 in the three before: falling (-20%).
How does McClain County compare with the rest of Oklahoma?
39.7 approvals per 1,000 establishments against 29.1 statewide, and 38 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