Oklahoma State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Oklahoma State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 1 | $174K | $174K | 25.0% |
| 811111 | General Automotive Repair | 1 | $35K | $35K | 25.0% |
Geographic Distribution
SBA lending activity for Oklahoma State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 4 | $355K | 100.0% |
Why Choose Oklahoma State Bank?
Based on SBA 7(a) lending track record from 1995-2008
- ✓Proven Track Record: 4 SBA loans approved, totaling $355K in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, General Automotive Repair
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 114 months
- ✓Loan Range: Loan sizes from $8K to $174K, with an average of $89K
- ✓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 State Bank SBA lending
What types of businesses does Oklahoma State Bank typically finance?
Oklahoma State Bank specializes in SBA 7(a) lending to specific industries including general freight trucking, local, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Oklahoma State Bank's typical SBA loan terms?
Oklahoma State Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 114 months (approximately 10 years). Loan sizes range from $8K to $174K, with an average loan size of $89K.
Do I need a business valuation for a Oklahoma State Bank SBA loan?
Yes, Oklahoma State Bank 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 State Bank compare to other SBA lenders?
Oklahoma State Bank has originated 4 SBA loans totaling $355K since 1995. 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 State Bank lend in?
Oklahoma State Bank 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?
Certified valuations are often required for SBA loans over $250,000.
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