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County12th of 70 in Oklahoma by approvalsFIPS 40121
SBA loans in Pittsburg 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 Pittsburg County, Oklahoma, received 38 SBA loan approvals worth $15.3M in FY2021 to FY2025 (38 7(a), 0 504).
That is 40.7 approvals per 1,000 business establishments (933 establishments in 2023), above the Oklahoma figure of 29.1 and close to the national 41.0.
It ranks 12th of 70 Oklahoma counties with approvals. In FY2025 there were 5.
11 lenders had approvals here; the most active were BancFirst (15), First National Bank & Trust Company of McAlester (10) and Arvest Bank (5). The most common industry was general freight trucking.
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 Pittsburg County
By number of approvals to businesses in the county, FY2021–FY2025; 11 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | BancFirstOklahoma City, OK | 15 | $4.9M | 39.5% | |
| 2 | First National Bank & Trust Company of McAlesterMcAlester, OK | 10 | $3.0M | 26.3% | |
| 3 | Arvest BankFayetteville, AR | 5 | $851K | 13.2% | |
| 4 | BOKF, National AssociationTulsa, OK | 1 | — | 2.6% | |
| 5 | T Bank, National AssociationDallas, TX | 1 | — | 2.6% | |
| 6 | First Western SBLC, LLCDallas, TX | 1 | — | 2.6% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 2.6% | |
| 8 | Lendistry SBLC, LLCLos Angeles, CA | 1 | — | 2.6% | |
| 9 | Byline BankChicago, IL | 1 | — | 2.6% | |
| 10 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.6% | |
| 11 | Northeast BankLewiston, ME | 1 | — | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 6 | 15.8% | |
| 2 | Gasoline StationsNAICS 4571 | 4 | 10.5% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 7.9% | |
| 4 | Promoters of Performing Arts, Sports, and Similar EventsNAICS 7113 | 2 | 5.3% | |
| 5 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 2 | 5.3% | |
| 6 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 5.3% | |
| 7 | Architectural, Engineering, and Related ServicesNAICS 5413 | 2 | 5.3% | |
| 8 | Commercial and Industrial Machinery and Equipment Rental and LeasingNAICS 5324 | 1 | 2.6% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 1 | 2.6% | |
| 10 | Traveler AccommodationNAICS 7211 | 1 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 9 | 23.7% | |
| 2 | Transportation and Warehousing | 9 | 23.7% | |
| 3 | Accommodation and Food Services | 5 | 13.2% | |
| 4 | Other Services (except Public Administration) | 3 | 7.9% | |
| 5 | Construction | 2 | 5.3% | |
| 6 | Arts, Entertainment, and Recreation | 2 | 5.3% | |
| 7 | Finance and Insurance | 2 | 5.3% | |
| 8 | Professional, Scientific, and Technical Services | 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* | 4 | $2.2M | $460K | 0 | — | 4 | 24 |
| FY2025 | 5 | $267K | $45K | 0 | — | 5 | 12 |
| FY2024 | 5 | $4.6M | $960K | 0 | — | 5 | 41 |
| FY2023 | 2 | — | — | 0 | — | 2 | 15 |
| FY2022 | 11 | $2.5M | $100K | 0 | — | 11 | 138 |
| FY2021 | 15 | $7.3M | $260K | 0 | — | 15 | 103 |
| FY2020 | 10 | $3.5M | $300K | 0 | — | 10 | 56 |
| FY2019 | 9 | $1.4M | $108K | 0 | — | 9 | 78 |
| FY2018 | 4 | $625K | $123K | 1 | — | 5 | 107 |
| FY2017 | 4 | $2.5M | $565K | 0 | — | 4 | 128 |
| FY2016 | 5 | $6.3M | $705K | 1 | — | 6 | 80 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 34 approvals.
Against Oklahoma and the country
| FY2021–FY2025 | Pittsburg County | Oklahoma | United States |
|---|---|---|---|
| Approvals | 38 | 2,802 | 342,825 |
| Approvals per 1,000 establishments | 40.7 | 29.1 | 41.0 |
| Median 7(a) approval | $210K | $250K | $190K |
| Median 504 approval | — | $569K | $657K |
| Average approval | $402K | $611K | $573K |
| 504 share of approvals | 0.0% | 7.4% | 11.0% |
| Jobs supported per approval, as reported | 8.1 | 12.2 | 10.5 |
| Share of state approvals | 1.4% | 100.0% | — |
Approval sizes
- $50,000 or less15.8%6
- $50,001 to $150,00028.9%11
- $150,001 to $350,00015.8%6
- $350,001 to $1 million26.3%10
- $1 million to $2 million13.2%5
Age of the businesses
- Existing, more than 2 years old52.6%20
- New business, 2 years or less13.2%5
- Startup, loan funds will open the business23.7%9
- Change of ownership10.5%4
Questions and answers
Which lenders make the most SBA loans in Pittsburg County?
By approvals in FY2021 to FY2025: BancFirst (15), First National Bank & Trust Company of McAlester (10), Arvest Bank (5), BOKF, National Association (1), T Bank, National Association (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Pittsburg County?
The median 7(a) approval was $210K; the Oklahoma 7(a) median was $250K.
Which industries get the most SBA loans in Pittsburg County?
General Freight Trucking (6); Gasoline Stations (4); Automotive Repair and Maintenance (3); Promoters of Performing Arts, Sports, and Similar Events (2); Agencies, Brokerages, and Other Insurance Related Activities (2).
Is SBA lending in Pittsburg County rising?
Approvals in the three latest complete fiscal years total 12, against 36 in the three before: falling (-67%).
How does Pittsburg County compare with the rest of Oklahoma?
40.7 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