FY20231 Oct 2022 – 30 Sep 2023
SBA loans in Oklahoma, FY2023
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 FY2023 (1 October 2022 to 30 September 2023) SBA approved 496 loans in Oklahoma: 461 under 7(a) and 35 under 504, worth $272M.
That is down 18% on FY2022, when there were 607 approvals worth $339M.
Oklahoma accounted for 0.8% of the 63,286 approvals nationwide that year. 102 lenders had at least one approval in the state; BancFirst had the most, 82.
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 FY2023, of 102 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|---|
| 1 | BancFirst | 7(a) | 82 | $38.2M | 16.5% | 185 | -103 |
| 2 | Arvest Bank | 7(a) | 37 | $8.6M | 7.5% | 47 | -10 |
| 3 | The Huntington National Bank | 7(a) | 24 | $6.3M | 4.8% | 7 | +17 |
| 4 | Rural Enterprises of Oklahoma, Inc. | 504 | 22 | $24.0M | 4.4% | 29 | -7 |
| 5 | Live Oak Banking Company | 7(a) | 16 | $19.1M | 3.2% | 9 | +7 |
| 6 | Great Plains National Bank | 7(a) | 14 | $2.8M | 2.8% | 6 | +8 |
| 7 | Security Bank | 7(a) | 13 | $8.3M | 2.6% | 18 | -5 |
| 8 | MidFirst Bank | 7(a) | 13 | $1.3M | 2.6% | 6 | +7 |
| 9 | Regent Bank | 7(a) | 12 | $4.0M | 2.4% | 17 | -5 |
| 10 | BayFirst National Bank | 7(a) | 11 | $1.6M | 2.2% | 5 | +6 |
| 11 | Readycap Lending, LLC | 7(a) | 9 | $7.7M | 1.8% | 4 | +5 |
| 12 | BOKF, National Association | 7(a) | 9 | $5.0M | 1.8% | 3 | +6 |
| 13 | Triad Bank, National Association | 7(a) | 9 | $3.2M | 1.8% | 3 | +6 |
| 14 | Equity Bank | 7(a) | 9 | $2.4M | 1.8% | 10 | -1 |
| 15 | SpiritBank | 7(a) | 8 | $6.7M | 1.6% | 7 | +1 |
| 16 | First Oklahoma Bank | 7(a) | 8 | $5.1M | 1.6% | 19 | -11 |
| 17 | Legacy Bank | 7(a) | 8 | $908K | 1.6% | 20 | -12 |
| 18 | Newtek Bank, National Association | 7(a) | 7 | $8.4M | 1.4% | 0 | new |
| 19 | Tulsa Economic Development Corporation | 504 | 7 | $4.9M | 1.4% | 9 | -2 |
| 20 | Newtek Small Business Finance, Inc. | 7(a) | 5 | $11.2M | 1.0% | 10 | -5 |
| 21 | Small Business Capital Corporation | 504 | 5 | $4.3M | 1.0% | 10 | -5 |
| 22 | First United Bank and Trust Company | 7(a) | 5 | $4.0M | 1.0% | 9 | -4 |
| 23 | First Pryority Bank | 7(a) | 5 | $1.7M | 1.0% | 5 | 0 |
| 24 | Simmons Bank | 7(a) | 5 | $1.3M | 1.0% | 2 | +3 |
| 25 | JPMorgan Chase Bank, National Association | 7(a) | 5 | $1.2M | 1.0% | 1 | +4 |
| 26 | Stride Bank, National Association | 7(a) | 5 | $957K | 1.0% | 2 | +3 |
| 27 | Bank7 | 7(a) | 5 | $592K | 1.0% | 4 | +1 |
| 28 | First Financial Bank | 7(a) | 4 | $7.1M | 0.8% | 3 | +1 |
| 29 | Byline Bank | 7(a) | 4 | $3.6M | 0.8% | 3 | +1 |
| 30 | The Bancorp Bank National Association | 7(a) | 4 | $3.1M | 0.8% | 0 | new |
| 31 | Citizens Bank | 7(a) | 4 | $1.7M | 0.8% | 1 | +3 |
| 32 | First Bank of the Lake | 7(a) | 4 | $1.4M | 0.8% | 1 | +3 |
| 33 | Gateway First Bank | 7(a) | 4 | $706K | 0.8% | 1 | +3 |
| 34 | Mabrey Bank | 7(a) | 3 | $5.1M | 0.6% | 8 | -5 |
| 35 | First Internet Bank of Indiana | 7(a) | 3 | $4.0M | 0.6% | 0 | new |
| 36 | Beacon Bank and Trust | 7(a) | 3 | $3.4M | 0.6% | 0 | new |
| 37 | Celtic Bank Corporation | 7(a) | 3 | $3.0M | 0.6% | 6 | -3 |
| 38 | Frost Bank | 7(a) | 3 | $792K | 0.6% | 1 | +2 |
| 39 | First Enterprise Bank | 7(a) | 3 | $480K | 0.6% | 0 | new |
| 40 | The City National Bank and Trust Company of Lawton, Oklahoma | 7(a) | 3 | $465K | 0.6% | 3 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|
| 1 | Tulsa County | 138 | $78.6M | 27.8% | 125 | +13 |
| 2 | Oklahoma County | 124 | $62.4M | 25.0% | 163 | -39 |
| 3 | Cleveland County | 33 | $10.3M | 6.7% | 38 | -5 |
| 4 | Canadian County | 15 | $8.5M | 3.0% | 32 | -17 |
| 5 | Wagoner County | 14 | $5.0M | 2.8% | 18 | -4 |
| 6 | Washington County | 11 | $5.3M | 2.2% | 11 | 0 |
| 7 | Rogers County | 10 | $6.4M | 2.0% | 15 | -5 |
| 8 | Garfield County | 9 | $1.1M | 1.8% | 6 | +3 |
| 9 | Muskogee County | 8 | $2.7M | 1.6% | 9 | -1 |
| 10 | Stephens County | 8 | $4.5M | 1.6% | 15 | -7 |
| 11 | Creek County | 8 | $9.3M | 1.6% | 11 | -3 |
| 12 | Delaware County | 8 | $12.3M | 1.6% | 4 | +4 |
| 13 | Kay County | 7 | $7.5M | 1.4% | 6 | +1 |
| 14 | Pontotoc County | 7 | $3.8M | 1.4% | 1 | +6 |
| 15 | McClain County | 7 | $6.5M | 1.4% | 7 | 0 |
| 16 | Grady County | 6 | $275K | 1.2% | 10 | -4 |
| 17 | Custer County | 6 | $2.2M | 1.2% | 7 | -1 |
| 18 | Woodward County | 5 | $1.3M | 1.0% | 2 | +3 |
| 19 | Okmulgee County | 5 | $1.9M | 1.0% | 3 | +2 |
| 20 | Logan County | 4 | $1.5M | 0.8% | 8 | -4 |
| 21 | Beckham County | 4 | $5.1M | 0.8% | 7 | -3 |
| 22 | Ottawa County | 4 | $3.8M | 0.8% | 4 | 0 |
| 23 | Comanche County | 4 | $1.9M | 0.8% | 10 | -6 |
| 24 | Payne County | 3 | $2.7M | 0.6% | 7 | -4 |
| 25 | Seminole County | 3 | $3.9M | 0.6% | 2 | +1 |
| 26 | Mayes County | 3 | $3.3M | 0.6% | 5 | -2 |
| 27 | Garvin County | 3 | $797K | 0.6% | 2 | +1 |
| 28 | Pottawatomie County | 3 | $262K | 0.6% | 8 | -5 |
| 29 | Pawnee County | 3 | $1.3M | 0.6% | 1 | +2 |
| 30 | Sequoyah County | 3 | $2.6M | 0.6% | 0 | new |
| 31 | Cherokee County | 2 | — | 0.4% | 8 | -6 |
| 32 | Pittsburg County | 2 | — | 0.4% | 11 | -9 |
| 33 | Washita County | 2 | — | 0.4% | 2 | 0 |
| 34 | Kiowa County | 2 | — | 0.4% | 2 | 0 |
| 35 | Osage County | 2 | — | 0.4% | 2 | 0 |
| 36 | Nowata County | 2 | — | 0.4% | 0 | new |
| 37 | Blaine County | 2 | — | 0.4% | 1 | +1 |
| 38 | Bryan County | 2 | — | 0.4% | 0 | new |
| 39 | McIntosh County | 2 | — | 0.4% | 2 | 0 |
| 40 | Craig County | 2 | — | 0.4% | 0 | new |
The 40 counties with the most approvals; every county is on the Oklahoma page.
FY2023 against FY2022
| Oklahoma | FY2023 | FY2022 |
|---|---|---|
| 7(a) approvals | 461 | 555 |
| 7(a) dollars | $238M | $290M |
| Median 7(a) approval | $244K | $235K |
| 504 approvals | 35 | 52 |
| 504 dollars | $33.6M | $48.8M |
| Jobs supported, as reported | 6,236 | 6,768 |
Questions and answers
Which lenders made the most SBA loans in Oklahoma in FY2023?
BancFirst (82), Arvest Bank (37), The Huntington National Bank (24), Rural Enterprises of Oklahoma, Inc. (22), Live Oak Banking Company (16). 102 lenders had at least one approval.
How many SBA loans were approved in Oklahoma in FY2023?
496: 461 under 7(a) worth $238M and 35 under 504 worth $33.6M.
Which Oklahoma counties had the most SBA approvals in FY2023?
Tulsa County (138), Oklahoma County (124), Cleveland County (33), Canadian County (15), Wagoner County (14).
When does FY2023 start and end?
The federal fiscal year 2023 runs from 1 October 2022 to 30 September 2023.
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