Oklahoma Central CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Oklahoma Central CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 518210 | Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | 6 | $379K | $63K | 16.7% |
| 484110 | General Freight Trucking, Local | 3 | $190K | $63K | 8.3% |
| 561499 | All Other Business Support Services | 2 | $50K | $25K | 5.6% |
| 722330 | Mobile Food Services | 2 | $31K | $16K | 5.6% |
| 331210 | Iron and Steel Pipe and Tube Manufacturing from Purchased Steel | 2 | $243K | $122K | 5.6% |
| 561520 | Tour Operators | 1 | $44K | $44K | 2.8% |
| 541513 | Computer Facilities Management Services | 1 | $20K | $20K | 2.8% |
| 561439 | Other Business Service Centers (including Copy Shops) | 1 | $17K | $17K | 2.8% |
| 236220 | Commercial and Institutional Building Construction | 1 | $50K | $50K | 2.8% |
| 811412 | Appliance Repair and Maintenance | 1 | $40K | $40K | 2.8% |
Geographic Distribution
SBA lending activity for Oklahoma Central CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 36 | $4.9M | 100.0% |
Why Choose Oklahoma Central CU?
Based on SBA 7(a) lending track record from 2009-2017
- ✓Proven Track Record: 36 SBA loans approved, totaling $4.9M in financing
- ✓Industry Expertise: Specialized focus on Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services, General Freight Trucking, Local, All Other Business Support Services
- ✓Competitive Terms: Average interest rate of 6.76% with flexible term lengths averaging 61 months
- ✓Loan Range: Loan sizes from $10K to $2.4M, with an average of $137K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Oklahoma Central CU SBA lending
What types of businesses does Oklahoma Central CU typically finance?
Oklahoma Central CU specializes in SBA 7(a) lending to specific industries including computing infrastructure providers, data processing, web hosting, and related services, general freight trucking, local, all other business support services, mobile food services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Oklahoma Central CU's typical SBA loan terms?
Oklahoma Central CU's SBA 7(a) loans typically feature an average interest rate of 6.76% and average term length of 61 months (approximately 5 years). Loan sizes range from $10K to $2.4M, with an average loan size of $137K.
Do I need a business valuation for a Oklahoma Central CU SBA loan?
Yes, Oklahoma Central CU typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Oklahoma Central CU compare to other SBA lenders?
Oklahoma Central CU has originated 36 SBA loans totaling $4.9M since 2009. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Oklahoma Central CU lend in?
Oklahoma Central CU provides SBA 7(a) financing with particularly strong presence in OK. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
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