Login
The USDA Business & Industry (B&I) Guaranteed Loan Program doesn’t just provide capital—it empowers rural businesses to scale, innovate, and create local impact. With over 130 USDA B&I–backed projects in Oklahoma since 2015, and more than $665 million in loan guarantees, the program is reshaping rural economic landscapes across the state and the nation. Here […]
Author Archives: FNB
30
Jul
Jul
First National Bank of Oklahoma is proud to announce the successful closing of a $3,864,000 USDA Business & Industry (B&I) Guaranteed Loan to refinance a portfolio of recently constructed cell towers located in Michigan, Ohio, Indiana, and Kentucky.
30
Jul
Jul
First National Bank of Oklahoma is proud to announce the successful closing of a $1,680,000 USDA Business & Industry (B&I) Guaranteed Loan to finance the acquisition and rehabilitation of a hotel property in Oklahoma.
28
Jul
Jul
When it comes to strategic rural lending, Oklahoma stands tall. Over the past decade, the state has consistently ranked among the top performers in the nation for USDA Business & Industry (B&I) Guaranteed Loan activity. Between 2015 and 2024, Oklahoma secured more than $665 million in B&I loan guarantees—supporting more than 130 projects across dozens […]
21
Jul
Jul
In the world of economic development, there’s often a trade-off between public spending and tangible results. But what if we told you there’s a federal program that not only strengthens rural communities and drives job growth—but also grows state tax revenues in a measurable, lasting way? That’s exactly what the USDA Business & Industry (B&I) […]
14
Jul
Jul
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 […]
25
Jun
Jun
Whether your business uses checks or electronic ACH payments as a part of its payment processes, there’s one tool you absolutely need to have in your business safety toolkit – Positive Pay. Using this software is one of the most effective ways to protect your company’s finances. It acts as a frontline defense that gives […]
10
Jun
Jun
First National Bank of Oklahoma recently closed on an $11,450,000 USDA Business & Industry (B&I) Guaranteed Loan for the acquisition of an industrial facility located along the fast-growing I-20 corridor east of Birmingham.
10
Jun
Jun
First National Bank of Oklahoma recently closed a $2,300,000 USDA Business & Industry (B&I) Guaranteed Loan for the refinancing of a portfolio of newly constructed cell towers across Minnesota, Iowa, North Dakota, Louisiana, and Texas.
Featured, Loans, USDA
How USDA B&I Loans Are Building Jobs, Revenue, and Resilience in Rural America
23
May
May
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 […]