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Top SBA Acquisition Lenders in Oklahoma

26 active SBA 7(a) lenders in Oklahoma, ranked by loan volume.

Lenders

26

in Oklahoma

Total Volume

$93.1M

Median Rate

Prime + 1.75%

Median Loan Size

$1.3M

Top Lenders in Oklahoma

1BancFirst

Loans

9

Rate

P+1.00%

3.8%

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2First United Bank and Trust Company

Loans

6

Rate

P+1.75%

0.0%

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3Live Oak Bank

Loans

4

Rate

P+1.50%

1.3%

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Top 25 Lenders in Oklahoma

#LenderLoansVolumeRate
1BancFirst9$18.8MP+1.00%3.8%
2First United Bank and Trust Company6$4.9MP+1.75%0.0%
3Live Oak Bank4$8.6MP+1.50%1.3%
4Colony Bank4$7.2MP+2.88%0.0%
5First United Bank and Trust Company4$3.1MP+2.00%0.0%
6Arvest Bank4$1.5MP+1.00%1.9%
7US Metro Bank3$4.6MP+1.25%0.0%
8Cadence Bank2$8.7MP+2.25%4.2%
9Welch State Bank of Welch, Okla.2$4.4MP+0.50%0.0%
10GBank2$3.4MP+1.00%0.6%
11OakStar Bank2$3.2MP+2.50%0.0%
12Metro City Bank2$2.5MP+1.25%0.8%
13Armstrong Bank2$1.9MP+1.00%0.0%
14All Capital Bank2$689KP+2.50%0.0%
15Byline Bank1$5.0MP+2.75%1.8%
16The Huntington National Bank1$4.3MP+2.25%1.8%
17Seacoast National Bank1$2.4MP+2.00%4.7%
18First Western SBLC, Inc1$1.9MP+1.13%0.0%
19Shoreham Bank1$1.8MP+1.25%0.0%
20Citizens Bank1$1.2MP+2.63%2.3%
21Truliant FCU1$1.0MP+2.75%0.0%
22Southwestern National Bank1$940KP+1.25%0.0%
23Newtek Bank, National Association1$350KP+3.00%1.7%
24Security Bank1$299KP+1.50%0.0%
25Bank of America, National Association1$288KP+0.00%0.0%

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SBA 7(a) Lending in Oklahoma

Oklahoma has 26 active SBA 7(a) acquisition lenders that have originated a combined 60 loans totaling $93.1M in volume. The median acquisition loan size in Oklahoma is $1272K, with a median interest rate of Prime + 1.75% (Prime + spread).

When evaluating SBA lenders in Oklahoma, consider loan volume (a proxy for experience), interest rates, and historical default rates. Lenders designated as PLP (Preferred Lender Program) have delegated authority from the SBA to approve loans, which typically results in faster processing times.

Frequently Asked Questions

How many SBA 7(a) lenders are active in Oklahoma?

There are currently 26 active SBA 7(a) lenders in Oklahoma based on FOIA lending data. These lenders have originated 60 acquisition loans.

What is the typical SBA loan rate in Oklahoma?

The median SBA 7(a) acquisition loan rate in Oklahoma is Prime + 1.75% (current Prime rate: 6.75%). Rates are typically expressed as Prime plus a spread, with the SBA capping the spread at 3.0% for loans over $250,000.

What is a PLP lender?

A PLP (Preferred Lender Program) lender has been granted delegated authority by the SBA to make credit decisions without prior SBA review. This typically means faster loan processing and approval timelines.

Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the selected dimension. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates. Data is refreshed periodically and may not reflect the most recent lending activity.

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