FY20211 Oct 2020 – 30 Sep 2021
SBA loans in Oklahoma, FY2021
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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 653 loans in Oklahoma: 590 under 7(a) and 63 under 504, worth $423M.
That is up 22% on FY2020, when there were 537 approvals worth $270M.
Oklahoma accounted for 1.1% of the 61,532 approvals nationwide that year. 120 lenders had at least one approval in the state; BancFirst had the most, 122.
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 FY2021, of 120 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|---|
| 1 | BancFirst | 7(a) | 122 | $45.5M | 18.7% | 147 | -25 |
| 2 | Arvest Bank | 7(a) | 37 | $10.6M | 5.7% | 56 | -19 |
| 3 | Rural Enterprises of Oklahoma, Inc. | 504 | 35 | $23.2M | 5.4% | 19 | +16 |
| 4 | Legacy Bank | 7(a) | 26 | $3.1M | 4.0% | 18 | +8 |
| 5 | Live Oak Banking Company | 7(a) | 23 | $52.8M | 3.5% | 12 | +11 |
| 6 | First Oklahoma Bank | 7(a) | 18 | $26.6M | 2.8% | 22 | -4 |
| 7 | Small Business Capital Corporation | 504 | 18 | $11.5M | 2.8% | 5 | +13 |
| 8 | Valliance Bank | 7(a) | 16 | $7.7M | 2.5% | 9 | +7 |
| 9 | First United Bank and Trust Company | 7(a) | 15 | $11.5M | 2.3% | 12 | +3 |
| 10 | SpiritBank | 7(a) | 14 | $14.7M | 2.1% | 10 | +4 |
| 11 | Security Bank | 7(a) | 14 | $10.6M | 2.1% | 14 | 0 |
| 12 | Great Plains National Bank | 7(a) | 13 | $4.6M | 2.0% | 11 | +2 |
| 13 | Newtek Small Business Finance, Inc. | 7(a) | 13 | $3.4M | 2.0% | 1 | +12 |
| 14 | BOKF, National Association | 7(a) | 12 | $8.0M | 1.8% | 3 | +9 |
| 15 | Regent Bank | 7(a) | 12 | $2.8M | 1.8% | 5 | +7 |
| 16 | United Midwest Savings Bank National Association | 7(a) | 11 | $3.3M | 1.7% | 3 | +8 |
| 17 | Mabrey Bank | 7(a) | 10 | $2.5M | 1.5% | 1 | +9 |
| 18 | Tulsa Economic Development Corporation | 504 | 9 | $4.3M | 1.4% | 5 | +4 |
| 19 | Bank7 | 7(a) | 9 | $1.9M | 1.4% | 3 | +6 |
| 20 | The First National Bank and Trust Co, Chickasha, Oklahoma | 7(a) | 7 | $5.3M | 1.1% | 1 | +6 |
| 21 | First Pryority Bank | 7(a) | 7 | $3.5M | 1.1% | 6 | +1 |
| 22 | FandM Bank | 7(a) | 7 | $860K | 1.1% | 3 | +4 |
| 23 | The Huntington National Bank | 7(a) | 6 | $5.5M | 0.9% | 0 | new |
| 24 | Peoples Bank and Trust Company | 7(a) | 6 | $4.9M | 0.9% | 6 | 0 |
| 25 | First Security Bank and Trust Company | 7(a) | 6 | $2.6M | 0.9% | 0 | new |
| 26 | SNB Bank National Association | 7(a) | 6 | $1.9M | 0.9% | 3 | +3 |
| 27 | The First National Bank and Trust Company of Broken Arrow | 7(a) | 6 | $1.7M | 0.9% | 3 | +3 |
| 28 | Simmons Bank | 7(a) | 6 | $1.4M | 0.9% | 1 | +5 |
| 29 | The City National Bank and Trust Company of Lawton, Oklahoma | 7(a) | 6 | $1.2M | 0.9% | 3 | +3 |
| 30 | AmeriState Bank | 7(a) | 5 | $8.0M | 0.8% | 2 | +3 |
| 31 | Byline Bank | 7(a) | 5 | $6.6M | 0.8% | 4 | +1 |
| 32 | First State Bank | 7(a) | 5 | $3.4M | 0.8% | 0 | new |
| 33 | Triad Bank, National Association | 7(a) | 5 | $698K | 0.8% | 2 | +3 |
| 34 | Welch State Bank of Welch, Okla | 7(a) | 5 | $570K | 0.8% | 0 | new |
| 35 | Wells Fargo Bank National Association | 7(a) | 4 | $9.3M | 0.6% | 1 | +3 |
| 36 | Readycap Lending, LLC | 7(a) | 4 | $6.9M | 0.6% | 2 | +2 |
| 37 | Equity Bank | 7(a) | 4 | $3.1M | 0.6% | 1 | +3 |
| 38 | First National Bank & Trust Company of McAlester | 7(a) | 4 | $1.7M | 0.6% | 4 | 0 |
| 39 | First Bank of Owasso | 7(a) | 4 | $486K | 0.6% | 8 | -4 |
| 40 | The Citizens Bank of Edmond | 7(a) | 4 | $407K | 0.6% | 12 | -8 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|
| 1 | Oklahoma County | 157 | $111M | 24.0% | 157 | 0 |
| 2 | Tulsa County | 133 | $92.2M | 20.4% | 100 | +33 |
| 3 | Cleveland County | 48 | $33.2M | 7.4% | 34 | +14 |
| 4 | Canadian County | 28 | $12.1M | 4.3% | 20 | +8 |
| 5 | Pittsburg County | 15 | $7.3M | 2.3% | 10 | +5 |
| 6 | Stephens County | 15 | $3.9M | 2.3% | 10 | +5 |
| 7 | Grady County | 15 | $9.5M | 2.3% | 7 | +8 |
| 8 | Muskogee County | 14 | $12.2M | 2.1% | 13 | +1 |
| 9 | Washington County | 12 | $2.5M | 1.8% | 3 | +9 |
| 10 | Payne County | 11 | $4.8M | 1.7% | 9 | +2 |
| 11 | Wagoner County | 11 | $4.4M | 1.7% | 8 | +3 |
| 12 | Logan County | 11 | $1.4M | 1.7% | 9 | +2 |
| 13 | Comanche County | 11 | $5.9M | 1.7% | 7 | +4 |
| 14 | McClain County | 11 | $6.7M | 1.7% | 7 | +4 |
| 15 | Creek County | 9 | $7.3M | 1.4% | 12 | -3 |
| 16 | Rogers County | 8 | $5.1M | 1.2% | 8 | 0 |
| 17 | Okmulgee County | 8 | $4.8M | 1.2% | 2 | +6 |
| 18 | Carter County | 7 | $14.0M | 1.1% | 7 | 0 |
| 19 | Beckham County | 7 | $7.9M | 1.1% | 4 | +3 |
| 20 | Garfield County | 7 | $8.5M | 1.1% | 7 | 0 |
| 21 | Mayes County | 6 | $5.1M | 0.9% | 0 | new |
| 22 | Delaware County | 6 | $2.7M | 0.9% | 7 | -1 |
| 23 | Pottawatomie County | 6 | $4.5M | 0.9% | 7 | -1 |
| 24 | Custer County | 6 | $3.6M | 0.9% | 8 | -2 |
| 25 | Kingfisher County | 6 | $2.4M | 0.9% | 5 | +1 |
| 26 | Pawnee County | 5 | $2.9M | 0.8% | 0 | new |
| 27 | McIntosh County | 5 | $1.3M | 0.8% | 1 | +4 |
| 28 | Beaver County | 5 | $2.1M | 0.8% | 0 | new |
| 29 | Lincoln County | 4 | $1.2M | 0.6% | 7 | -3 |
| 30 | Osage County | 4 | $1.0M | 0.6% | 3 | +1 |
| 31 | Seminole County | 3 | $204K | 0.5% | 0 | new |
| 32 | Washita County | 3 | $261K | 0.5% | 1 | +2 |
| 33 | Hughes County | 3 | $1.5M | 0.5% | 1 | +2 |
| 34 | Johnston County | 3 | $370K | 0.5% | 1 | +2 |
| 35 | Kay County | 3 | $2.6M | 0.5% | 5 | -2 |
| 36 | Ottawa County | 3 | $5.7M | 0.5% | 2 | +1 |
| 37 | Choctaw County | 3 | $1.7M | 0.5% | 0 | new |
| 38 | Pontotoc County | 3 | $2.8M | 0.5% | 5 | -2 |
| 39 | Latimer County | 3 | $457K | 0.5% | 0 | new |
| 40 | Murray County | 2 | — | 0.3% | 1 | +1 |
The 40 counties with the most approvals; every county is on the Oklahoma page.
FY2021 against FY2020
| Oklahoma | FY2021 | FY2020 |
|---|---|---|
| 7(a) approvals | 590 | 507 |
| 7(a) dollars | $383M | $254M |
| Median 7(a) approval | $300K | $212K |
| 504 approvals | 63 | 30 |
| 504 dollars | $40.3M | $15.6M |
| Jobs supported, as reported | 7,559 | 6,570 |
Questions and answers
Which lenders made the most SBA loans in Oklahoma in FY2021?
BancFirst (122), Arvest Bank (37), Rural Enterprises of Oklahoma, Inc. (35), Legacy Bank (26), Live Oak Banking Company (23). 120 lenders had at least one approval.
How many SBA loans were approved in Oklahoma in FY2021?
653: 590 under 7(a) worth $383M and 63 under 504 worth $40.3M.
Which Oklahoma counties had the most SBA approvals in FY2021?
Oklahoma County (157), Tulsa County (133), Cleveland County (48), Canadian County (28), Pittsburg County (15).
When does FY2021 start and end?
The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.
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