Buying a Business in Oklahoma
The Numbers
FY2025 Acquisition Loans
59
$81.4M approved
Median Loan
$742k
FY2020 through FY2025
Loans Since FY2020
370
$419M in total approvals
Share of U.S. Activity
1%
Of change-of-ownership loans
What the Data Says
Oklahoma ranks 28th of 53 states and territories for change-of-ownership SBA 7(a) lending: 370 loans since FY2020, 1% of the national total.
The typical deal runs large: its $742k median loan sits above the $650k midpoint across states, so expect bigger checks and the larger injection and cash flow they need.
Activity is steady, near the state's ~62 a year pace since FY2020.
The most-financed target is gasoline stations with convenience stores (26 loans), and the 5 most active lenders wrote about 40% of the state's acquisitions, a broad lender field.
Most Active Acquisition Lenders in Oklahoma
- 1. BancFirst64 loans
- 2. Live Oak Banking Company38 loans
- 3. Arvest Bank15 loans
- 4. First United Bank and Trust Company15 loans
- 5. First Oklahoma Bank15 loans
A lender being active in Oklahoma does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lenders.
What Gets Bought in Oklahoma
- Gasoline Stations with Convenience Stores26 loans
- Hotels (except Casino Hotels) and Motels19 loans
- Insurance Agencies and Brokerages18 loans
- Limited-Service Restaurants15 loans
- Broilers and Other Meat Type Chicken Production11 loans
Industry-specific pricing and diligence live in the Guides. How many buyable businesses Oklahoma holds in each trade is in Where the Businesses Are.
Method & Source
Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Oklahoma project address. Approvals, not closings; excludes conventional and 504 financing.