States › Oklahoma › Stephens County
County8th of 70 in Oklahoma by approvalsFIPS 40137
SBA loans in Stephens 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 Stephens County, Oklahoma, received 43 SBA loan approvals worth $15.2M in FY2021 to FY2025 (42 7(a), 1 504).
That is 39.8 approvals per 1,000 business establishments (1,080 establishments in 2023), above the Oklahoma figure of 29.1 and close to the national 41.0.
It ranks 8th of 70 Oklahoma counties with approvals. In FY2025 there were 3.
12 lenders had approvals here; the most active were Legacy Bank (23), BancFirst (7) and Metro City Bank (2). The most common industry was automotive repair and maintenance.
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 Stephens County
By number of approvals to businesses in the county, FY2021–FY2025; 12 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Legacy BankHinton, OK | 23 | $2.7M | 53.5% | |
| 2 | BancFirstOklahoma City, OK | 7 | $723K | 16.3% | |
| 3 | Metro City BankDoraville, GA | 2 | — | 4.7% | |
| 4 | First Bank and Trust CoDuncan, OK | 2 | — | 4.7% | |
| 5 | Arvest BankFayetteville, AR | 2 | — | 4.7% | |
| 6 | Western State BankDevils Lake, ND | 1 | — | 2.3% | |
| 7 | Colony BankFitzgerald, GA | 1 | — | 2.3% | |
| 8 | First Community BankLexington, SC | 1 | — | 2.3% | |
| 9 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 2.3% | |
| 10 | Rural Enterprises of Oklahoma, Inc.Durant, OK · CDC | 1 | — | 2.3% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 1 | — | 2.3% | |
| 12 | Rural Enterprises of Oklahoma, Inc.Durant, OK | 1 | — | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 9 | 20.9% | |
| 2 | Support Activities for MiningNAICS 2131 | 5 | 11.6% | |
| 3 | Building Finishing ContractorsNAICS 2383 | 4 | 9.3% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 3 | 7.0% | |
| 5 | Gasoline StationsNAICS 4571 | 2 | 4.7% | |
| 6 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 4.7% | |
| 7 | Lawn and Garden Equipment and Supplies StoresNAICS 4442 | 2 | 4.7% | |
| 8 | Utility System ConstructionNAICS 2371 | 2 | 4.7% | |
| 9 | General Freight TruckingNAICS 4841 | 2 | 4.7% | |
| 10 | Services to Buildings and DwellingsNAICS 5617 | 2 | 4.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Services (except Public Administration) | 11 | 25.6% | |
| 2 | Construction | 10 | 23.3% | |
| 3 | Retail Trade | 6 | 14.0% | |
| 4 | Mining, Quarrying, and Oil and Gas Extraction | 5 | 11.6% | |
| 5 | Accommodation and Food Services | 3 | 7.0% | |
| 6 | Transportation and Warehousing | 2 | 4.7% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 2 | 4.7% | |
| 8 | Finance and Insurance | 1 | 2.3% |
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* | 3 | $205K | $64K | 0 | — | 3 | 8 |
| FY2025 | 3 | $3.6M | $115K | 0 | — | 3 | 46 |
| FY2024 | 2 | — | — | 0 | — | 2 | 2 |
| FY2023 | 8 | $4.5M | $25K | 0 | — | 8 | 145 |
| FY2022 | 15 | $1.8M | $54K | 0 | — | 15 | 84 |
| FY2021 | 14 | $3.7M | $182K | 1 | — | 15 | 128 |
| FY2020 | 8 | $3.6M | $150K | 2 | — | 10 | 95 |
| FY2019 | 5 | $1.1M | $93K | 2 | — | 7 | 39 |
| FY2018 | 8 | $3.8M | $261K | 0 | — | 8 | 78 |
| FY2017 | 4 | $5.7M | $265K | 0 | — | 4 | 50 |
| FY2016 | 7 | $1.9M | $150K | 2 | — | 9 | 175 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 38 approvals.
Against Oklahoma and the country
| FY2021–FY2025 | Stephens County | Oklahoma | United States |
|---|---|---|---|
| Approvals | 43 | 2,802 | 342,825 |
| Approvals per 1,000 establishments | 39.8 | 29.1 | 41.0 |
| Median 7(a) approval | $75K | $250K | $190K |
| Median 504 approval | — | $569K | $657K |
| Average approval | $353K | $611K | $573K |
| 504 share of approvals | 2.3% | 7.4% | 11.0% |
| Jobs supported per approval, as reported | 9.4 | 12.2 | 10.5 |
| Share of state approvals | 1.5% | 100.0% | — |
Approval sizes
- $50,000 or less37.2%16
- $50,001 to $150,00023.3%10
- $150,001 to $350,00020.9%9
- $350,001 to $1 million11.6%5
- $1 million to $2 million2.3%1
- Over $2 million4.7%2
Age of the businesses
- Existing, more than 2 years old62.8%27
- New business, 2 years or less9.3%4
- Startup, loan funds will open the business16.3%7
- Change of ownership11.6%5
Questions and answers
Which lenders make the most SBA loans in Stephens County?
By approvals in FY2021 to FY2025: Legacy Bank (23), BancFirst (7), Metro City Bank (2), First Bank and Trust Co (2), Arvest Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Stephens County?
The median 7(a) approval was $75K; the Oklahoma 7(a) median was $250K.
Which industries get the most SBA loans in Stephens County?
Automotive Repair and Maintenance (9); Support Activities for Mining (5); Building Finishing Contractors (4); Building Equipment Contractors (3); Gasoline Stations (2).
Is SBA lending in Stephens County rising?
Approvals in the three latest complete fiscal years total 13, against 40 in the three before: falling (-67%).
How does Stephens County compare with the rest of Oklahoma?
39.8 approvals per 1,000 establishments against 29.1 statewide, and 43 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