Lending data
Who actually lends to farms and agricultural businesses in Oklahoma?
28 SBA 7(a) loans went to farms and agricultural businesses in Oklahoma recently, at a median of $965,000. Here are the lenders that made them, ranked.
28 SBA 7(a) loans went to farms and agricultural businesses in Oklahoma in the most recent fiscal years. The median was $965,000 over 11 years. The most active lender was Arvest Bank, with 7 loans.
What lending to farms and agricultural businesses in Oklahoma actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Agriculture and farming, Oklahoma | All 7(a) borrowers |
|---|---|---|
| Loans approved | 28 | 214,102 |
| Median loan | $965,000 | $150,000 |
| 25th - 75th percentile | $120,250 - $2,883,500 | $50,000 - $500,000 |
| Median term | 11 years | 10 years |
| Median initial rate | 8.10% | 10.25% |
| Share to startups | 50.0% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 3.5% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to farms and agricultural businesses in Oklahoma. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Arvest Bank | 7 | $1,090,000 | 86% | 7.68% |
| Live Oak Banking Company | 7 | $2,990,000 | 14% | 7.75% |
| First Financial Bank | 2 | $965,000 | 50% | 6.65% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run larger than average. The median of $965,000 is 543% above the $150,000 national median. Expect lenders in this market to be geared toward bigger deals, and expect a small request to get less attention.
- New businesses do well here. 50% of these loans went to startups or businesses under two years old, against 34% nationally — an unusually open market if you have no trading history.
- One lender dominates. Arvest Bank alone made 25% of these loans, and the top three made 57%. That concentration usually means a lender with a dedicated program for this sector — worth starting there, but get a second quote so you know the terms are competitive.
- Rates run lower here. The median initial rate of 8.10% is 2.15 points below the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
- This market has performed well. Its FY2010-2019 charge-off rate of 3.5% is below the 7.1% overall figure, which is part of why lenders compete for it.
Which of them lend to new businesses
Of those loans, 50.0% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Arvest Bank | 6 | $1,090,000 | 86% | 7.68% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year. See choosing an SBA lender.
- Check your coverage first with the affordability calculator so you ask for a number the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Oklahoma: construction, retail, restaurants and hotels, healthcare, personal services, professional services
- Agriculture in comparable states: Louisiana, Illinois, Massachusetts, Nebraska, Tennessee, New Hampshire