Security State Bank of Oklahoma
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Security State Bank of Oklahoma · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 2 | $950K | $475K | 14.3% |
| 624410 | Child Care Services | 1 | $60K | $60K | 7.1% |
| 423910 | Sporting and Recreational Goods and Supplies Merchant Wholesalers | 1 | $475K | $475K | 7.1% |
| 114210 | Hunting and Trapping | 1 | $191K | $191K | 7.1% |
| 621610 | Home Health Care Services | 1 | $80K | $80K | 7.1% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | $100K | $100K | 7.1% |
| 621310 | Offices of Chiropractors | 1 | $35K | $35K | 7.1% |
Geographic Distribution
SBA lending activity for Security State Bank of Oklahoma by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 14 | $2.8M | 100.0% |
Why Choose Security State Bank of Oklahoma?
Based on SBA 7(a) lending track record from 1993-2015
- ✓Proven Track Record: 14 SBA loans approved, totaling $2.8M in financing
- ✓Industry Expertise: Specialized focus on All Other Miscellaneous Fabricated Metal Product Manufacturing, Child Care Services, Sporting and Recreational Goods and Supplies Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 108 months
- ✓Loan Range: Loan sizes from $16K to $700K, with an average of $200K
- ✓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 Security State Bank of Oklahoma SBA lending
What types of businesses does Security State Bank of Oklahoma typically finance?
Security State Bank of Oklahoma specializes in SBA 7(a) lending to specific industries including all other miscellaneous fabricated metal product manufacturing, child care services, sporting and recreational goods and supplies merchant wholesalers, hunting and trapping. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Security State Bank of Oklahoma's typical SBA loan terms?
Security State Bank of Oklahoma's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 108 months (approximately 9 years). Loan sizes range from $16K to $700K, with an average loan size of $200K.
Do I need a business valuation for a Security State Bank of Oklahoma SBA loan?
Yes, Security State Bank of Oklahoma 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 Security State Bank of Oklahoma compare to other SBA lenders?
Security State Bank of Oklahoma has originated 14 SBA loans totaling $2.8M since 1993. 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 Security State Bank of Oklahoma lend in?
Security State Bank of Oklahoma 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.
Get your certified valuation from Fair Market Value.