Oklahoma · Mining & Energy
SBA loans for mining & energy in Oklahoma
150 loans worth $108.5M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Oklahoma.
Loans
150
Approved
$108.5M
Median loan
$269,800
+19% vs sector nationally
Median rate
6.00%
Jobs supported
2,658
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to mining & energy in Oklahoma
| Lender | Loans | Approved | Share |
|---|---|---|---|
| BancFirst | 37 | $14.7M | |
| First Oklahoma Bank | 4 | $8.8M | |
| Newtek Bank | 3 | $8.7M | |
| Prism Bank | 3 | $8.1M | |
| Newtek Small Business Finance, Inc. | 2 | $8.1M | |
| AmeriState Bank | 5 | $7.3M | |
| Byline Bank | 3 | $6.3M | |
| FandM Bank | 4 | $5.8M |
Detail
Which industries inside the sector
All SBA lending in Oklahoma
8,944 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Oklahoma?
- 150 SBA loans totalling $108,510,000 have been approved for mining, quarrying, and oil and gas extraction projects in Oklahoma since FY2010.
- Which lenders finance mining & energy in Oklahoma?
- The most active by dollars approved are BancFirst, First Oklahoma Bank, Newtek Bank, Prism Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Oklahoma?
- The median approval is $269,800, 19% above the national median for this sector ($227,300).
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