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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. 1. BancFirst64 loans
  2. 2. Live Oak Banking Company38 loans
  3. 3. Arvest Bank15 loans
  4. 4. First United Bank and Trust Company15 loans
  5. 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. Where the buyable targets sit in Oklahoma, by county, is in the Oklahoma buying guide.

By Metro Area in Oklahoma

  • Oklahoma City, OK

    130 purchase loans, median $565k. Bought most: Insurance Agencies and Brokerages. Most active lender: BancFirst (41).

  • Tulsa, OK

    98 purchase loans, median $720k. Bought most: Beer, Wine, and Liquor Retailers. Most active lender: First Oklahoma Bank (14).

Every metro area that drew 20 purchase loans, with three lenders each, is in the metro table.

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.