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Oklahoma Small Business Linked Deposit Program

Oklahoma State Treasurer (OST)OK-SBLD
Max per Applicant

$1.0M

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Oklahoma

About This Program

Below-market interest rate loans for Oklahoma small businesses through participating banks, with the state subsidizing the rate by depositing state funds at reduced interest in exchange for banks passing savings to borrowers.

Key Requirements & Eligibility

  • 1Business must have 250 or fewer employees and be located in Oklahoma
  • 2Must demonstrate conventional financing is available but at rates too high
  • 3Loan interest rate: up to 3% below prime rate (floor of 5%)
  • 4Loan amounts: up to $1M per business
  • 5Available through participating Oklahoma financial institutions

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Small BusinessManufacturingAgriculture & RuralRetail
Official Source