FY20201 Oct 2019 – 30 Sep 2020
SBA loans in Oklahoma, FY2020
That fiscal year's approvals by lender and by county.
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.
In FY2020 (1 October 2019 to 30 September 2020) SBA approved 537 loans in Oklahoma: 507 under 7(a) and 30 under 504, worth $270M.
That is about level with FY2019, when there were 528 approvals worth $240M.
Oklahoma accounted for 1.1% of the 49,417 approvals nationwide that year. 93 lenders had at least one approval in the state; BancFirst had the most, 147.
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.
Approvals by lender
The 40 lenders with the most approvals to Oklahoma businesses in FY2020, of 93 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|---|
| 1 | BancFirst | 7(a) | 147 | $64.9M | 27.4% | 125 | +22 |
| 2 | Arvest Bank | 7(a) | 56 | $15.9M | 10.4% | 32 | +24 |
| 3 | First Oklahoma Bank | 7(a) | 22 | $23.9M | 4.1% | 27 | -5 |
| 4 | MidFirst Bank | 7(a) | 21 | $3.1M | 3.9% | 41 | -20 |
| 5 | Rural Enterprises of Oklahoma, Inc. | 504 | 19 | $8.6M | 3.5% | 15 | +4 |
| 6 | Legacy Bank | 7(a) | 18 | $7.0M | 3.4% | 6 | +12 |
| 7 | Security Bank | 7(a) | 14 | $3.7M | 2.6% | 11 | +3 |
| 8 | Live Oak Banking Company | 7(a) | 12 | $12.6M | 2.2% | 6 | +6 |
| 9 | First United Bank and Trust Company | 7(a) | 12 | $9.2M | 2.2% | 8 | +4 |
| 10 | The Citizens Bank of Edmond | 7(a) | 12 | $1.9M | 2.2% | 14 | -2 |
| 11 | Great Plains National Bank | 7(a) | 11 | $2.7M | 2.0% | 7 | +4 |
| 12 | SpiritBank | 7(a) | 10 | $8.5M | 1.9% | 14 | -4 |
| 13 | Valliance Bank | 7(a) | 9 | $1.3M | 1.7% | 5 | +4 |
| 14 | First Bank of Owasso | 7(a) | 8 | $939K | 1.5% | 2 | +6 |
| 15 | Peoples Bank and Trust Company | 7(a) | 6 | $4.5M | 1.1% | 8 | -2 |
| 16 | First Financial Bank | 7(a) | 6 | $4.3M | 1.1% | 1 | +5 |
| 17 | First Pryority Bank | 7(a) | 6 | $1.9M | 1.1% | 8 | -2 |
| 18 | Armstrong Bank | 7(a) | 6 | $1.4M | 1.1% | 4 | +2 |
| 19 | Small Business Capital Corporation | 504 | 5 | $3.5M | 0.9% | 10 | -5 |
| 20 | Tulsa Economic Development Corporation | 504 | 5 | $2.5M | 0.9% | 7 | -2 |
| 21 | JPMorgan Chase Bank, National Association | 7(a) | 5 | $2.0M | 0.9% | 6 | -1 |
| 22 | Cowboy Bank | 7(a) | 5 | $1.7M | 0.9% | 0 | new |
| 23 | Regent Bank | 7(a) | 5 | $1.1M | 0.9% | 12 | -7 |
| 24 | Byline Bank | 7(a) | 4 | $9.7M | 0.7% | 0 | new |
| 25 | Vast Bank, National Association | 7(a) | 4 | $2.5M | 0.7% | 1 | +3 |
| 26 | Blue Sky Bank | 7(a) | 4 | $2.4M | 0.7% | 3 | +1 |
| 27 | First National Bank & Trust Company of McAlester | 7(a) | 4 | $765K | 0.7% | 5 | -1 |
| 28 | BOKF, National Association | 7(a) | 3 | $2.4M | 0.6% | 5 | -2 |
| 29 | Citizens Bank | 7(a) | 3 | $905K | 0.6% | 2 | +1 |
| 30 | SNB Bank National Association | 7(a) | 3 | $819K | 0.6% | 3 | 0 |
| 31 | United Midwest Savings Bank National Association | 7(a) | 3 | $420K | 0.6% | 5 | -2 |
| 32 | Bank7 | 7(a) | 3 | $350K | 0.6% | 10 | -7 |
| 33 | The City National Bank and Trust Company of Lawton, Oklahoma | 7(a) | 3 | $229K | 0.6% | 4 | -1 |
| 34 | The First National Bank and Trust Company of Broken Arrow | 7(a) | 3 | $176K | 0.6% | 3 | 0 |
| 35 | FandM Bank | 7(a) | 3 | $155K | 0.6% | 2 | +1 |
| 36 | Sovereign Bank | 7(a) | 2 | — | 0.4% | 2 | 0 |
| 37 | Readycap Lending, LLC | 7(a) | 2 | — | 0.4% | 0 | new |
| 38 | First Bank of the Lake | 7(a) | 2 | — | 0.4% | 0 | new |
| 39 | Enterprise Bank & Trust | 7(a) | 2 | — | 0.4% | 0 | new |
| 40 | U.S. Bank, National Association | 7(a) | 2 | — | 0.4% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|
| 1 | Oklahoma County | 157 | $80.8M | 29.2% | 150 | +7 |
| 2 | Tulsa County | 100 | $56.6M | 18.6% | 119 | -19 |
| 3 | Cleveland County | 34 | $11.5M | 6.3% | 37 | -3 |
| 4 | Canadian County | 20 | $13.3M | 3.7% | 20 | 0 |
| 5 | Muskogee County | 13 | $8.7M | 2.4% | 5 | +8 |
| 6 | Creek County | 12 | $7.7M | 2.2% | 7 | +5 |
| 7 | Pittsburg County | 10 | $3.5M | 1.9% | 9 | +1 |
| 8 | Stephens County | 10 | $3.8M | 1.9% | 7 | +3 |
| 9 | Payne County | 9 | $1.2M | 1.7% | 6 | +3 |
| 10 | Logan County | 9 | $1.3M | 1.7% | 11 | -2 |
| 11 | Wagoner County | 8 | $1.7M | 1.5% | 16 | -8 |
| 12 | Rogers County | 8 | $3.9M | 1.5% | 11 | -3 |
| 13 | Custer County | 8 | $3.5M | 1.5% | 8 | 0 |
| 14 | Bryan County | 8 | $5.4M | 1.5% | 0 | new |
| 15 | Carter County | 7 | $9.9M | 1.3% | 4 | +3 |
| 16 | Grady County | 7 | $1.0M | 1.3% | 5 | +2 |
| 17 | Delaware County | 7 | $6.8M | 1.3% | 3 | +4 |
| 18 | Lincoln County | 7 | $7.7M | 1.3% | 6 | +1 |
| 19 | Pottawatomie County | 7 | $3.3M | 1.3% | 7 | 0 |
| 20 | Garfield County | 7 | $3.4M | 1.3% | 5 | +2 |
| 21 | Comanche County | 7 | $3.2M | 1.3% | 6 | +1 |
| 22 | McClain County | 7 | $2.5M | 1.3% | 5 | +2 |
| 23 | Kay County | 5 | $1.4M | 0.9% | 6 | -1 |
| 24 | Kingfisher County | 5 | $842K | 0.9% | 7 | -2 |
| 25 | Pontotoc County | 5 | $1.3M | 0.9% | 3 | +2 |
| 26 | Beckham County | 4 | $694K | 0.7% | 2 | +2 |
| 27 | Okfuskee County | 4 | $3.5M | 0.7% | 0 | new |
| 28 | Cherokee County | 3 | $959K | 0.6% | 3 | 0 |
| 29 | Garvin County | 3 | $3.8M | 0.6% | 4 | -1 |
| 30 | Jackson County | 3 | $2.6M | 0.6% | 1 | +2 |
| 31 | Washington County | 3 | $660K | 0.6% | 7 | -4 |
| 32 | Woodward County | 3 | $491K | 0.6% | 6 | -3 |
| 33 | Osage County | 3 | $2.4M | 0.6% | 4 | -1 |
| 34 | Atoka County | 3 | $1.1M | 0.6% | 0 | new |
| 35 | Major County | 3 | $345K | 0.6% | 2 | +1 |
| 36 | Harper County | 3 | $819K | 0.6% | 0 | new |
| 37 | McCurtain County | 2 | — | 0.4% | 1 | +1 |
| 38 | Okmulgee County | 2 | — | 0.4% | 0 | new |
| 39 | Greer County | 2 | — | 0.4% | 1 | +1 |
| 40 | Ottawa County | 2 | — | 0.4% | 4 | -2 |
The 40 counties with the most approvals; every county is on the Oklahoma page.
FY2020 against FY2019
| Oklahoma | FY2020 | FY2019 |
|---|---|---|
| 7(a) approvals | 507 | 492 |
| 7(a) dollars | $254M | $211M |
| Median 7(a) approval | $212K | $167K |
| 504 approvals | 30 | 36 |
| 504 dollars | $15.6M | $28.5M |
| Jobs supported, as reported | 6,570 | 5,944 |
Questions and answers
Which lenders made the most SBA loans in Oklahoma in FY2020?
BancFirst (147), Arvest Bank (56), First Oklahoma Bank (22), MidFirst Bank (21), Rural Enterprises of Oklahoma, Inc. (19). 93 lenders had at least one approval.
How many SBA loans were approved in Oklahoma in FY2020?
537: 507 under 7(a) worth $254M and 30 under 504 worth $15.6M.
Which Oklahoma counties had the most SBA approvals in FY2020?
Oklahoma County (157), Tulsa County (100), Cleveland County (34), Canadian County (20), Muskogee County (13).
When does FY2020 start and end?
The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error