SBA Lenders in Oklahoma
Top lenders ranked by real SBA lending data. See who's most active in Oklahoma across deal count, loan size, and pricing.
What Borrowers Should Know
Oklahoma's median 7(a) spread of P+2.11% is 64 basis points better than the national median of P+2.75%. This means borrowers in Oklahoma pay roughly $6,400 less in annual interest per $1 million borrowed compared to the national average. The competitive spread likely reflects First Oklahoma Bank's dominant position with 285 deals (18% of state volume), which creates pricing pressure among the 113 active lenders.
The average deal size of $636,421 in Oklahoma is relatively modest, suggesting the market serves many small operations rather than mid-market companies. With 1,578 total deals generating $1.004 billion in volume, most borrowers are accessing $600k-$700k in capital. If your business needs exceeds $800k, you may face fewer lender options or tighter underwriting, as larger deals represent the tail of this distribution.
Five lenders control 650 of 1,578 deals—41% of the market. First Oklahoma Bank alone accounts for 18% of all SBA lending in the state. This concentration means your approval odds and terms depend heavily on which lender you approach first. However, the presence of 108 other active lenders provides fallback options if your application is declined by a major player.
Total SBA Loans
1,582
Active Lenders
110
Avg Deal Size
$634K
Total Volume
$1.0B
Top 10 Lenders in Oklahoma
Ranked by total deal count across all SBA programs.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | BancFirst | Bank | 448 | $415K | P + 1.75%GOOD | |
| 2 | Arvest Bank | Bank | 176 | $157K | P + 2.25%GOOD | |
| 3 | First Oklahoma Bank | Bank | 76 | $590K | P + 2.00%GOOD | |
| 4 | JPMorgan Chase Bank, National Association | Bank | 56 | $89K | P + 4.00%HIGH | |
| 5 | Rural Enterprises of Oklahoma, | CDC/504 | 54 | $835K | — | |
| 6 | Security Bank | Bank | 52 | $518K | P + 2.00%GOOD | |
| 7 | Great Plains National Bank | Bank | 48 | $332K | P + 2.00%GOOD | |
| 8 | BOKF, National Association | Bank | 47 | $163K | P + 1.90%GOOD | |
| 9 | MidFirst Bank | Bank | 44 | $68K | P + 4.45%HIGH | |
| 10 | Regent Bank | Bank | 34 | $355K | P + 1.75%GOOD |
Top Industries in Oklahoma
SBA lending activity by industry segment.