SBA lender · 7(a) program
First National Bank & Trust Company of McAlester
First National Bank & Trust Company of McAlester has approved 28 SBA loans worth $7.7M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
-
<0.01% of all SBA dollars
Total approved
$7.7M
FY2010 onward
Loans
28
Median loan
$167,500
-7% vs national
Median rate
6.00%
-0.75 pts vs national
Charge-off rate
-
Cohort too small
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.
Reading the record
What First National Bank & Trust Company of McAlester’s numbers say
First National Bank & Trust Company of McAlester sits in the long tail of the SBA lending field, having approved 28 loans for a gross total of $7.7M since fiscal 2010. Its median loan of $167,500 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 6.00%, 0.75 points below the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Roughly 20% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a meaningfully greater appetite for startups than the average SBA lender.
Where First National Bank & Trust Company of McAlester lends
| State | Loans | Share |
|---|---|---|
| Oklahoma | 28 |
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.
Questions about First National Bank & Trust Company of McAlester
- How many SBA loans has First National Bank & Trust Company of McAlester approved?
- First National Bank & Trust Company of McAlester has approved 28 SBA loans totalling $7,726,200 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
- What is the typical First National Bank & Trust Company of McAlester SBA loan size?
- The median gross approval is $167,500, with the middle 80% of loans falling between $30,300 and $500,000. The national median across all SBA lenders is $180,000.
- What interest rate does First National Bank & Trust Company of McAlester charge on SBA 7(a) loans?
- The median initial note rate on First National Bank & Trust Company of McAlester's 7(a) approvals is 6.00%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
Where to go from here
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