Top SBA Lenders in Oklahoma

SBA loans play a crucial role in providing financial assistance to entrepreneurs and small business owners. For those in Oklahoma seeking SBA loans, understanding the key players in the lending landscape is essential. Here’s a breakdown of the top SBA lenders in Oklahoma based on the number of loans, average loan amount, and average interest rates.

Oklahoma Preferred SBA Lenders

RankBankBank HQ# of Loans Avg Loan Avg Interest
1BancFirstOklahoma City, OK150 $354,771 6.0%
2Arvest BankFayetteville, AR42 $292,274 6.3%
3Regent BankTulsa, OK13 $738,092 7.1%
4Live OakWilmington, NC12 $887,500 7.1%
5Security BankTulsa, OK12 $1,122,767 6.0%
6United Midwest Savings BankDe Graff, OH12 $147,500 6.9%
7First National Bank & Trust Company of McAlesterMcalester, OK10 $232,040 5.7%
8First Oklahoma BankJenks, OK10 $887,180 6.0%
9Legacy BankHinton, OK10 $103,220 6.2%
10MidFirst BankOklahoma City, OK10 $116,770 11.3%
11First United Bank and TrustDurant, OK8 $571,375 6.7%
12Great Plains National BankElk City, OK7 $546,857 7.0%
13Readycap Lending, LLCBerkeley Heights, NJ7 $571,286 9.0%
14Armstrong BankMuskogee, OK6 $484,083 6.3%
15Bank 7Oklahoma City, OK6 $206,267 6.7%
16BayFirst National BankSaint Petersburg, FL6 $134,167 8.4%
17Equity BankAndover, KS6 $597,000 5.6%
18The Huntington National BankColumbus, OH6 $535,733 8.1%
19BOKFTulsa, OK5 $407,340 7.4%
20Celtic BankSalt Lake City, UT5 $2,729,880 5.7%
21First State BankTahlequah, OK5 $349,280 6.1%
22Mabrey BankBixby, OK5 $331,600 5.8%
23Newtek Small Business FinanceLake Success, NY5 $368,880 7.8%
24Byline BankChicago, IL4 $829,750 8.1%
25First Financial BankEl Dorado, AR4 $638,000 7.1%
26First National Bank and TrustShawnee, OK4 $491,500 5.9%
27SpiritBankTulsa, OK4 $244,250 6.7%
28U.S. BankCincinnati, OH4 $318,450 7.8%
29American Exchange BankHenryetta, OK3 $717,500 6.9%
30Dogwood State BankRaleigh, NC3 $1,245,267 8.6%
31The City National Bank and Trust Company of LawtonLawton, OK3 $267,333 5.5%

Top Industries for SBA loans in Oklahoma

RankIndustry# of Loans Avg Loan Avg Interest
1Full-Service Restaurants30 $619,817 6.1%
2Insurance Agencies and Brokerages16 $393,081 7.0%
3Limited-Service Restaurants16 $361,044 6.3%
4General Freight Trucking, Long Distance, Truckload16 $371,531 6.3%
5General Automotive Repair14 $537,336 6.2%
6Hotels (except Casino Hotels) and Motels13 $3,118,531 5.9%
7Child Day Care Services12 $320,183 6.0%
8Snack and Nonalcoholic Beverage Bars11 $683,718 6.4%
9Plumbing, Heating, and Air-Conditioning Contractors7 $327,200 7.4%
10Site Preparation Contractors7 $419,457 6.5%
11General Freight Trucking, Local7 $422,043 6.2%
12Home Health Care Services6 $288,233 6.4%
13All Other Personal Services6 $234,083 6.1%
14Broilers and Other Meat Type6 $1,469,083 6.7%
15Electrical Contractors6 $956,833 7.3%
16Pet Care (except Veterinary) Services6 $372,467 6.2%
17Landscaping Services5 $224,520 7.6%
18Offices of Physicians (except Mental Health Specialists)5 $906,000 6.9%
19Specialized Freight (except Used Goods) Trucking, Local5 $195,000 7.1%
20Veterinary Services5 $422,140 5.3%
21All Other Specialty Trade Contractors5 $208,920 5.5%
22Beauty Salons5 $104,840 7.1%
23Offices of Chiropractors5 $241,700 6.6%
24Drywall and Insulation Contractors4 $135,425 6.8%
25Car Washes4 $308,825 5.5%
26Lessors of Nonresidential Buildings (except Miniwarehouses)3 $554,267 6.8%
27Commercial and Institutional Building Construction3 $421,567 5.8%
28Dental Laboratories3 $362,267 5.9%
29Exterminating and Pest Control Services3 $153,333 6.8%
30Fitness and Recreational Sports Centers3 $263,033 5.1%
31Hardware Stores3 $189,167 7.0%
32Hay Farming3 $435,833 5.3%
33Breweries3 $160,567 6.3%
34Mobile Food Services3 $22,100 6.8%
35Offices of Physical, Occupational and Speech Therapists, and Audiologi3 $408,333 6.9%
36Other Accounting Services3 $652,233 6.7%
37Other Services to Buildings and Dwellings3 $32,933 7.6%
38Retail Bakeries3 $378,000 6.9%
39Supermarkets and Other Grocery (except Convenience) Stores3 $539,500 5.8%
40Interior Design Services3 $221,267 8.6%

Top SBA Loan Franchises in Oklahoma

RankFranchiseName# of Loans Avg Loan Avg Interest
1Farmers Insurance Agent Appoin3 $188,000 7.2%
2Meineke Car Care Center3 $623,333 5.3%
3Ziggi’s Coffee3 $1,245,267 8.6%
4Mercury Marine Dealer Sales an3 $447,200 5.4%
5Sam the Concrete Man2 $150,000 8.3%
6EverLine Coatings and Services2 $153,950 9.0%
7Servpro2 $750,000 6.8%
8Firehouse Subs2 $245,200 7.8%
9Quality Inn2 $2,703,750 6.4%
10HomeWell Senior Care2 $150,000 6.0%
11Ace Hardware2 $218,000 6.4%
12Simple Simon’s Pizza2 $308,200 5.6%
13Mosquito Shield2 $150,000 6.0%
14Blingle!2 $535,500 8.4%
15HouseMaster2 $150,000 6.0%
16Comfort Inn2 $3,962,500 5.6%
17Scooter’s Coffee2 $1,248,500 6.5%

Top Oklahoma SBA Loan Borrowers by Jobs Supported

RankBusinessLocationIndustry Loan Size Interest Rate Jobs
1CAREMAX LLCOklahoma City, OKHome Health Care Services $250K – $500K 9.8%195
2METRO TECH ELECTRIC INC.Oklahoma City, OKElectrical Contractors $1M – $2.5M 6.5%100
3UP ZION OPERATING LLCNorman, OKChild Day Care Services $250K – $500K 8.0%85
4TIGER CAKES LLCBroken Arrow, OKAll Other Specialty Food Stores $500K – $1M 4.7%80
5ERA SOLUTIONS LLCEdmond, OKEmployment Placement Agencies $250K – $500K 9.8%78
65 STAR CORRAL LLCOklahoma City, OKCafeterias, Grill Buffets, and Buffets $1M – $2.5M 5.5%77
7SOUTHSTONE LLCJenks, OKCommercial and Institutional Building Construction $500K – $1M 5.3%69
8BRICKTOWN GRILL LLCOklahoma City, OKFull-Service Restaurants $1M – $2.5M 5.0%67
9JENTECH CONSTRUCTION SERVICESFort Gibson, OKOther Heavy and Civil Engineering Construction $500K – $1M 7.3%66
10PCZC LLCPonca City, OKSnack and Nonalcoholic Beverage Bars $250K or less 9.8%62
11NEMER HOLDINGS LLCPonca City, OKSnack and Nonalcoholic Beverage Bars $1M – $2.5M 9.3%62
12CHICKEN AND THE WOLF LLCTulsa, OKFull-Service Restaurants $250K – $500K 6.0%60
13MATADOR FOODS LLCBlanchard, OKFrozen Specialty Food Manufacturing $500K – $1M 10.0%60
14STARS OF MERIDIAN LLCOklahoma City, OKHotels (except Casino Hotels) and Motels $2.5M – $5M 5.3%55
15TMBG LLCOklahoma City, OKChild Day Care Services $250K – $500K 8.5%54
16BEST BITE 3 LLCOwasso, OKRetail Bakeries $500K – $1M 9.0%54
17COOL DADDY’S HEAT AND AIR LLCMoore, OKPlumbing, Heating, and Air-Conditioning Contractors $250K or less 9.3%52
18RANGER RON CONSTRUCTION LLCKingfisher, OKSite Preparation Contractors $500K – $1M 5.7%52
19ROVER TAXI INCMcalester, OKTaxi Service $500K – $1M 5.8%47
20ECHO PROPERTIES LLCTulsa, OKPet Care (except Veterinary) Services $1M – $2.5M 5.3%47
21JFW TEXAS TAP LLCMcalester, OK $500K – $1M 5.0%45
22MCORLEANS LLCTulsa, OKCaterers $1M – $2.5M 5.5%45
23AIR DOCTOR DUCT CLEANING AND LTulsa, OKOther Services to Buildings and Dwellings $250K or less 7.6%42
24MAIN STREET BOYS LLCJenks, OKFull-Service Restaurants $250K – $500K 6.8%42
25BURGER CONCEPT BA LLCBroken Arrow, OKFull-Service Restaurants $250K or less 6.0%40
26FLASH GROUP SERVICES LLCMoore, OKInterior Design Services $250K – $500K 7.4%40
27COWBOY CAKES LLCOwasso, OK $500K – $1M 7.0%40
28SBA HOLDINGS INC.Tulsa, OKGeneral Automotive Repair $500K – $1M 5.3%39
29TSB-178 LLCEdmond, OKFull-Service Restaurants $500K – $1M 5.5%39
30LITTLE BRONCOS KIDS KLUBMustang, OKChild Day Care Services $1M – $2.5M 5.4%37
31KMAR LLCTulsa, OKFull-Service Restaurants $250K – $500K 6.0%36
32SWEET MEMORIES PARTIES AND EVEWeatherford, OKAll Other Personal Services $250K or less 6.0%35
33MAR-K SPECIALIZED MANUFACTURINOklahoma City, OKMotor Vehicle Gasoline Engine and Engine Parts Manufacturing $2.5M – $5M 4.8%35
34RSB HOTELS LLCSand Springs, OKHotels (except Casino Hotels) and Motels $2.5M – $5M 4.5%35
35WRIGHT WATER CORPORATIONChickasha, OKWater Supply and Irrigation Systems $500K – $1M 6.3%34
36LICKITY SPLIT EXPEDITING LLCSapulpa, OKGeneral Freight Trucking, Long Distance, Truckload $2.5M – $5M 7.8%34
37BRANDED ENTERPRISES LLCHugo, OKSnack and Nonalcoholic Beverage Bars $1M – $2.5M 5.5%32
38GT JOURNEY CORP.Oklahoma City, OKLimited-Service Restaurants $1M – $2.5M 6.3%32
39NOTION ESPRESSO LLCTulsa, OKSnack and Nonalcoholic Beverage Bars $250K – $500K 4.8%31
40RIDDLE INVESTMENT CORP.Sand Springs, OK $250K – $500K 7.0%30
41GET N GO RAZA INCORPORATEDPryor, OKConvenience Stores $1M – $2.5M 5.8%30
42NEPTUNE HOSPITALITY LLCBroken Arrow, OKHotels (except Casino Hotels) and Motels $2.5M – $5M 6.5%30
43ZIMMER INDUSTRIES LLCElgin, OKHay Farming $250K – $500K 5.3%28
44TSB-MEMORIAL LLCOklahoma City, OKFull-Service Restaurants $2.5M – $5M 5.5%28
45SUMMERS’ INVESTMENTS INC.Norman, OKDrinking Places (Alcoholic Beverages) $250K – $500K 6.3%27
46GRATE ENTERPRISES LLCOklahoma City, OKLimited-Service Restaurants $250K or less 5.3%26
47MID-AMERICA RESALEOklahoma City, OK $250K – $500K 5.3%26
48R&R DERMATOLOGY SERVICES PLLCOklahoma City, OKOffices of Physicians (except Mental Health Specialists) $500K – $1M 5.8%26
49FUNERAL DIRECTORS RESOURCE INEdmond, OKOther Accounting Services $1M – $2.5M 7.5%26
50POORBOY WELL SERVICE L.L.C.Velma, OKSupport Activities for Oil and Gas Operations $250K or less 6.3%25
51DABBOUR ENTERPRISES LLCOklahoma City, OKFull-Service Restaurants $1M – $2.5M 4.8%25
52SERENITY HOME CARE LLCBroken Arrow, OKHome Health Care Services $250K or less 6.0%24
53JS ONE MOORE LLCMoore, OKLimited-Service Restaurants $250K or less 7.8%24
54JS ONE MIDWEST CITY LLCOklahoma City, OKLimited-Service Restaurants $250K or less 7.8%24
55YALE SSP LLCYale, OKFull-Service Restaurants $250K or less 6.0%23
56MC SUGAR LLAMASBixby, OKSnack and Nonalcoholic Beverage Bars $250K or less 4.5%23
57REECE BROTHERS PROPERTIES LLCYale, OKFull-Service Restaurants $500K – $1M 5.3%23
58TAYLOR TRUCKING LLCEl Reno, OKSpecialized Freight (except Used Goods) Trucking, Local $500K – $1M 5.0%23
59RELICUS OKLAHOMA MEN’S CLINICTulsa, OKOffices of Physicians (except Mental Health Specialists) $1M – $2.5M 9.8%23
60EXPRESS DENTAL LABORATORY LLCNorman, OKDental Laboratories $250K or less 5.8%22
61MUJANG’S CARE LLCOklahoma City, OKHome Health Care Services $250K or less 5.5%22
62BURRIS COMPANY LLCChecotah, OKFull-Service Restaurants $250K – $500K 7.1%22
63SM CHERRY ST LLCTulsa, OKSnack and Nonalcoholic Beverage Bars $250K – $500K 7.8%22
64RM INSULATION LLCDuncan, OKDrywall and Insulation Contractors $250K or less 6.4%21
65TTM RESTAURANT GROUP LLCYukon, OKFull-Service Restaurants $250K or less 5.0%21
66VASKA INCLawton, OKMotion Picture Theaters (except Drive-Ins) $250K – $500K 5.0%21
67COMMUNITY THROUGH BEER 4 LLCOklahoma City, OKLimited-Service Restaurants $250K – $500K 5.5%21
68DOVER’S LEGACY LLCOklahoma City, OKPet Care (except Veterinary) Services $500K – $1M 7.0%21
69CASTERS OF OKLAHOMA INCTulsa, OKHardware Merchant Wholesalers $1M – $2.5M 3.0%21
70HAVEN BEAUTY BAR LLCBethany, OKBeauty Salons $250K or less 7.8%20
71WHITE BUFFALO COFFEE BAR LLCElk City, OKFull-Service Restaurants $250K or less 6.0%20
72E.W. STEPHENS LLCSpencer, OKGeneral Freight Trucking, Long-Distance, Less Than Truckload $250K or less 11.5%20
73BATH SORBET INC.Yukon, OK $250K or less 5.1%20
74MHT CONSULTING LLCEdmond, OKEnvironmental Consulting Services $250K or less 5.3%20
75BARBEE COOKIES LLCBixby, OKSnack and Nonalcoholic Beverage Bars $250K or less 7.3%20
76BLOEDMOND LLCEdmond, OKBeauty Salons $250K – $500K 6.3%20
77HEARTLANDS COFFEE MACARTHUR LLWarr Acres, OKLimited-Service Restaurants $500K – $1M 5.5%20
78PROGRESSUS OK LLCOwasso, OKSnack and Nonalcoholic Beverage Bars $1M – $2.5M 7.5%20
79EAGLE BLUFF RESORT LLCTahlequah, OKRV (Recreational Vehicle) Parks and Campgrounds $1M – $2.5M 5.0%20
80HEAVENER PARTNERS LLCHeavener, OK $1M – $2.5M 5.5%20
81LUX LAWNS LLCEdmond, OKLandscaping Services $250K – $500K 6.3%19
82WAYMAKER INVESTMENTS LLCMuskogee, OKFull-Service Restaurants $250K – $500K 7.3%19
83DARCI BOLNERLuther, OKChild Day Care Services $250K or less 4.8%18
84ACE HARDWARE ROUTE 66 EL RENOEl Reno, OKHardware Stores $250K or less 6.4%18
85FAIRWAY P&D INC.Tulsa, OKGeneral Freight Trucking, Long Distance, Truckload $500K – $1M 5.0%18
86RAD WORKS LLCTulsa, OKCustom Architectural Woodwork and Millwork Manufacturing $500K – $1M 6.5%18
87JUST 4 A CHILD INC.Oklahoma City, OKDental Laboratories $500K – $1M 6.3%18
88APPELBAUM ANIMAL CLINIC LLCTulsa, OKVeterinary Services $1M – $2.5M 6.0%18
89HIGHLIFE INVESTOR GROUP LLCPaul’S Valley, OKHotels (except Casino Hotels) and Motels $2.5M – $5M 5.5%18
90JJJ AUTOBODY LLCEdmond, OKAutomotive Body, Paint, and Interior Repair and Maintenance $250K or less 6.3%17
91COMET LEARNING CENTER LLCHinton, OKChild Day Care Services $500K – $1M 4.3%17
92ASPEN BILLING LLCOklahoma City, OKOther Accounting Services $500K – $1M 5.0%17
93UP RX LLCTulsa, OKPharmacies and Drug Stores $1M – $2.5M 5.8%17
94JJJ AUTOBODY LLCEdmond, OKAll Other Automotive Repair and Maintenance $1M – $2.5M 4.8%17
95THE MCAULIFF COMPANY LLCJenks, OKFull-Service Restaurants $1M – $2.5M 4.8%17
96STROMCO LLCCastle, OKTruck Trailer Manufacturing $1M – $2.5M 7.0%17
97WTJ LLCOklahoma City, OKSnack and Nonalcoholic Beverage Bars $250K or less 1.8%16
98AERIAL LAND MANAGEMENT LLCAda, OKSoil Preparation, Planting, and Cultivating $250K or less 8.3%16
99LITTLE HANDS LEARNING ACADEMYMuskogee, OKChild Day Care Services $250K or less 7.5%16
100ROARK SERVICES LLCClaremore, OKMetal Coating, Engraving (except Jewelry and Silverware), and Allied S $250K or less 9.0%16

Note about SBA lenders near me in Oklahoma

When it comes to top Oklahoma SBA lenders, it’s a common inquiry whether any of the listed banks are 1) included in the Oklahoma preferred lender list, 2) approved lenders in Oklahoma, or 3) active participants in the Oklahoma SBA Express lending program. These queries center around the ability of a given SBA bank to facilitate small business SBA loans in Oklahoma swiftly. The answer is an unequivocal yes. These aren’t your run-of-the-mill banks making only a handful of SBA loans annually; these are institutions well-versed in the intricacies of the SBA 7(a) loan program. They stand out as the top performers in Oklahoma, as evidenced by our thorough analysis of thousands of SBA loans each year, leading us to rank lenders based on recent activity.

It’s crucial to note that while some banks may limit their lending to specific regions, there exist a select few highly assertive nationwide SBA lenders that operate nationally. These lenders possess a profound understanding of the SBA program and execute transactions with remarkable speed. Therefore, we advise against restricting your search solely to your home state. Our lender match tool proves invaluable in this regard. By utilizing it, we can identify suitable SBA banks tailored to your specific needs, be it geography, industry, company size, all at no cost or obligation to you. This service aims to save you valuable time and ensure a seamless SBA loan process.