Author Archives: FNB

Part 1: How the USDA B&I Program Created 750,000 Jobs in Rural America

The group of happy-workers greeting USDA & BI controller

Over the course of a decade, the U.S. Department of Agriculture’s Business and Industry (B&I) Guaranteed Loan Program has transformed rural communities by unlocking capital, stimulating growth, and—most notably—creating or saving an estimated 750,000 jobs between 2012 and 2022. According to a 2025 economic assessment by Summit LLC, this cornerstone program not only brings private […]

How USDA B&I Loans Are Building Jobs, Revenue, and Resilience in Rural America

A 2025 Economic Assessment  prepared by Summit LLC reveals that the B&I program is more than just a source of financing—it’s a catalyst for job creation, business expansion, tax revenue growth, and rural revitalization. View Summary of Findings: USDA B&I Guaranteed Loan Program: 2025 Economic Assessment View the Complete B&I Economic Assessment from Summit We’re […]

SBA 504 vs. SBA 7(a) Loans: Understanding Key Differences for Small Businesses

SBA 504 vs. SBA 7(a) Loans

At First National Bank of Oklahoma, we understand that securing the right financing is crucial to the growth of your business. The Small Business Administration (SBA) offers two key loan programs that can help fund your business’s expansion: the SBA 504 loan and the SBA 7(a) loan. Each loan program serves a different purpose, and […]

Financial FAQ’s – From First National Bank of Oklahoma

Financial FAQ’s – From First National Bank of Oklahoma

In the evolving world of finance, understanding the ins and outs of banking is more crucial than ever. Being well-informed about banking processes can make a significant difference in your financial health and sense of control regarding your finances. Being knowledgeable about account opening procedures, loan requirements, or planning for retirement gives you a heavy […]

Interest / Refinance Ready: Essential Steps to Prepare for Interest Rates Cuts or Refinancing with First National Bank of Oklahoma

Refinancing

As mortgage rates fluctuate, savvy homeowners and prospective buyers know that timing is everything when it comes to refinancing or locking in a favorable rate. With interest rates cuts on the horizon, now is the perfect time to prepare. At First National Bank of Oklahoma, we’re here to guide you through the essential steps to […]