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NAICS 21111121

SBA Loans for Crude Petroleum and Natural Gas Extraction

Crude Petroleum and Natural Gas Extraction are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving crude petroleum and natural gas extraction loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding crude petroleum and natural gas extraction
Total loans
149
all programs
Approved $
$57.6M
last 5 years
Avg loan
$386K
median $145K
Most active lender
The Huntington National Bank
15 loans
Jobs supported
312K
cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS
14.8%
16.1%
27.5%
18.8%
12.8%
7.4%
2.7%
<$50K
$50–100K
$100–250K
$250–500K
$500K–1M
$1–2M
$2M+
Most common range
$100K – $250K
34% of loans
Median
$145,000
90th percentile
$612,000
CRUDE PETROLEUM AND NATURAL GAS EXTRACTION-FRIENDLY LENDERS

The 5 lenders that approved 41% of crude petroleum and natural gas extraction SBA loans last year.

Submit your crude petroleum and natural gas extraction profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

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Top lenders for crude petroleum and natural gas extraction

The Huntington National Bank
15
Wells Fargo Bank National Association
13
JPMorgan Chase Bank, National Association
8
BancFirst
7
Zions Bank, A Division of
6
BMO Bank National Association
5

Top states for crude petroleum and natural gas extraction loans

TX
33
OK
20
UT
14
WY
10
OH
9
CO
8
Loan records · Crude Petroleum and Natural Gas Extraction
149 records
Sort:
Diamond Energy Services,LP
Tulsa, OK · 74103
$4,580,000
7(a)
Byline Bank2015-07-22
Petroleum Equipment & Services, Inc.
Anchorage, AK · 99518
$3,709,000
7(a)
Community Bank & Trust-West Georgia$143K/job · 2024-11-15
Pillar Energy LLC
Charleston, WV · 25302
$3,000,000
7(a)
The Huntington National Bank2013-09-30
SPARKMAN WELL SERVICE INC
Houston, TX · 77905
$2,000,000
7(a)
Newtek Small Business Finance, Inc.$24K/job · 2004-12-13
Magnum Well Service, LLC
Oklahoma City, OK · 73120
$1,715,000
7(a)
Sovereign Bank$172K/job · 2014-05-06
Triton American Well Service, LLC
Georgetown, TX · 78626
$1,419,000
7(a)
Plains State Bank$473K/job · 2016-03-17
Sell Gas, LLC
Springfield, MO · 65804
$1,400,000
7(a)
Guaranty Bank$233K/job · 2011-05-20
RAMM DRILLING COMPANY, LLC
Rosebush, MI · 48878
$1,282,500
7(a)
First Financial Bank$38K/job · 2008-07-23
FARID PROPERTIES LLC
Iselin, NJ
$1,200,000
7(a)
Hana Bank USA National Association$120K/job · 2004-09-29
HUTCHINSON OIL COMPANY
Elk City, OK · 73648
$1,141,900
7(a)
BancFirst2001-07-31
GARG-OIL PROD LLC A CA LIMITED
Huntington Beach, CA · 92649
$1,076,000
7(a)
First-Citizens Bank & Trust Company$538K/job · 2003-06-19
Diversified Real Estate Holdings LLC
Birmingham, AL · 35242
$1,074,600
7(a)
Valley National Bank2016-06-21
ARROW OILFIELD SERVICES CO.
Johannesburg, MI · 49751
$1,000,000
7(a)
The Huntington National Bank2003-07-11
GEMINI EXPLORATIONS INC
Shreveport, LA · 71104
$1,000,000
7(a)
The First National Bank of Hughes Springs2001-03-13
QUANTUM CONSTRUCTION TECHNOLOG
Aurora, CO · 80016
$1,000,000
7(a)
BOKF, National Association1999-10-18
Abilene Well Service,Inc.
Irving, TX · 75038
$950,000
7(a)
First National Bank and Trust Company of Weatherford d/b/a First Bank Texas2012-01-27
Abilene Well Service S Company
Irving, TX · 75038
$950,000
7(a)
First National Bank and Trust Company of Weatherford d/b/a First Bank Texas2011-12-21
LANDES PROPERTIES, INC.
Mckinney, TX · 75070
$857,000
7(a)
Wells Fargo Bank National Association$214K/job · 2009-04-16
SHORELINE ENERGY PARTNERS LLC
Wichita, KS · 67207
$771,000
7(a)
Bank of Hays$193K/job · 2010-08-11
BLACK MOUNTAIN WELL SERVICES I
Douglas, WY · 82633
$750,000
7(a)
The Converse County Bank2006-07-12
DRAYCUTT CORPORATION C/O SBA
Salt Lake City, UT · 84138
$730,000
7(a)
Zions Bank, A Division of1990-10-18
Sovereign Eagle, LLC & Sovereign Exploration, LLC
Roswell, NM · 88201
$700,000
7(a)
First American Bank$350K/job · 2013-05-21
FREEDOM ENERGY INC.
Fort Smith, AR · 72901
$700,000
7(a)
Regions Bank1992-09-24
BASA Resources, Inc
Dallas, TX · 75205
$650,000
7(a)
PNC Bank, National Association1996-11-29
MCCLURE ENTERPRISES, INC.
Recluse, WY · 82725
$650,000
7(a)
First Northern Bank of Wyoming1994-07-28
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