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County16th of 70 in Oklahoma by approvalsFIPS 40119
SBA loans in Payne 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 35 loans to businesses in Payne County, Oklahoma, in FY2021 to FY2025, worth $17.0M: 32 under 7(a) and 3 under 504.
That is 19.2 approvals per 1,000 business establishments (1,826 establishments in 2023), below the Oklahoma figure of 29.1 and below the national 41.0.
It ranks 16th of 70 Oklahoma counties with approvals. In FY2025 there were 4, down 60% on FY2024.
16 lenders had approvals here; the most active were Arvest Bank (7), BancFirst (6) and Rural Enterprises of Oklahoma, Inc. (3). 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 Payne County
By number of approvals to businesses in the county, FY2021–FY2025; 16 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Arvest BankFayetteville, AR | 7 | $2.6M | 20.0% | |
| 2 | BancFirstOklahoma City, OK | 6 | $2.9M | 17.1% | |
| 3 | Rural Enterprises of Oklahoma, Inc.Durant, OK · CDC | 3 | $2.4M | 8.6% | |
| 4 | The First National Bank and Trust Company of Broken ArrowBroken Arrow, OK | 2 | — | 5.7% | |
| 5 | First State BankTahlequah, OK | 2 | — | 5.7% | |
| 6 | Simmons BankPine Bluff, AR | 2 | — | 5.7% | |
| 7 | BayFirst National BankSaint Petersburg, FL | 2 | — | 5.7% | |
| 8 | The Huntington National BankColumbus, OH | 2 | — | 5.7% | |
| 9 | Great Plains National BankElk City, OK | 2 | — | 5.7% | |
| 10 | Bank Five NineOconomowoc, WI | 1 | — | 2.9% | |
| 11 | Port 51 Lending LLCNew York, NY | 1 | — | 2.9% | |
| 12 | Exchange Bank and Trust CompanyPerry, OK | 1 | — | 2.9% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.9% | |
| 14 | Security BankTulsa, OK | 1 | — | 2.9% | |
| 15 | SpiritBankTulsa, OK | 1 | — | 2.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 17.1% | |
| 2 | Other Personal ServicesNAICS 8129 | 3 | 8.6% | |
| 3 | Architectural and Structural Metals ManufacturingNAICS 3323 | 2 | 5.7% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 5.7% | |
| 5 | Specialty Food StoresNAICS 4452 | 2 | 5.7% | |
| 6 | Beer, Wine, and Liquor StoresNAICS 4453 | 2 | 5.7% | |
| 7 | Printing and Related Support ActivitiesNAICS 3231 | 2 | 5.7% | |
| 8 | Plastics Product ManufacturingNAICS 3261 | 1 | 2.9% | |
| 9 | Lessors of Real EstateNAICS 5311 | 1 | 2.9% | |
| 10 | Building Equipment ContractorsNAICS 2382 | 1 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Services (except Public Administration) | 7 | 20.0% | |
| 2 | Accommodation and Food Services | 6 | 17.1% | |
| 3 | Manufacturing | 6 | 17.1% | |
| 4 | Retail Trade | 5 | 14.3% | |
| 5 | Real Estate and Rental and Leasing | 2 | 5.7% | |
| 6 | Construction | 2 | 5.7% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 2 | 5.7% | |
| 8 | Health Care and Social Assistance | 2 | 5.7% |
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 | — | — | 2 | — | 4 | 40 |
| FY2025 | 4 | $3.2M | $375K | 0 | — | 4 | 25 |
| FY2024 | 10 | $3.7M | $270K | 0 | — | 10 | 97 |
| FY2023 | 3 | $2.7M | $226K | 0 | — | 3 | 22 |
| FY2022 | 5 | $1.1M | $212K | 2 | — | 7 | 87 |
| FY2021 | 10 | $3.9M | $285K | 1 | — | 11 | 93 |
| FY2020 | 8 | $1.0M | $117K | 1 | — | 9 | 61 |
| FY2019 | 6 | $1.5M | $213K | 0 | — | 6 | 29 |
| FY2018 | 6 | $3.1M | $334K | 1 | — | 7 | 59 |
| FY2017 | 11 | $8.5M | $300K | 0 | — | 11 | 305 |
| FY2016 | 13 | $4.2M | $168K | 1 | — | 14 | 129 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 47 approvals.
Against Oklahoma and the country
| FY2021–FY2025 | Payne County | Oklahoma | United States |
|---|---|---|---|
| Approvals | 35 | 2,802 | 342,825 |
| Approvals per 1,000 establishments | 19.2 | 29.1 | 41.0 |
| Median 7(a) approval | $260K | $250K | $190K |
| Median 504 approval | $773K | $569K | $657K |
| Average approval | $487K | $611K | $573K |
| 504 share of approvals | 8.6% | 7.4% | 11.0% |
| Jobs supported per approval, as reported | 9.3 | 12.2 | 10.5 |
| Share of state approvals | 1.2% | 100.0% | — |
Approval sizes
- $50,000 or less14.3%5
- $50,001 to $150,00017.1%6
- $150,001 to $350,00028.6%10
- $350,001 to $1 million34.3%12
- Over $2 million5.7%2
Age of the businesses
- Existing, more than 2 years old37.1%13
- New business, 2 years or less20.0%7
- Startup, loan funds will open the business25.7%9
- Change of ownership17.1%6
Questions and answers
Which lenders make the most SBA loans in Payne County?
By approvals in FY2021 to FY2025: Arvest Bank (7), BancFirst (6), Rural Enterprises of Oklahoma, Inc. (3), The First National Bank and Trust Company of Broken Arrow (2), First State Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Payne County?
The median 7(a) approval was $260K and the median 504 approval $773K; the Oklahoma 7(a) median was $250K.
Which industries get the most SBA loans in Payne County?
Restaurants and Other Eating Places (6); Other Personal Services (3); Architectural and Structural Metals Manufacturing (2); Automotive Repair and Maintenance (2); Specialty Food Stores (2).
Is SBA lending in Payne County rising?
Approvals in the three latest complete fiscal years total 17, against 27 in the three before: falling (-37%).
How does Payne County compare with the rest of Oklahoma?
19.2 approvals per 1,000 establishments against 29.1 statewide, and 35 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