Main Local Economy Information in Oklahoma
Oklahoma’s economy is primarily based on energy production, agriculture, and aerospace. The state has significant oil and natural gas reserves, which play a central role in its economic output.
Your Oklahoma and Local Small Business Funding Guide
Oklahoma offers financial incentives such as tax rebates and loans for small businesses, particularly those in the energy sector and aerospace industry.
Small Businesses in Oklahoma
Small businesses in Oklahoma enjoy robust support from the state, which provides various programs aimed at enhancing entrepreneurial activities and business expansion.
Documents Needed to Get a Small Business Loan in Oklahoma
- Comprehensive business plan with market analysis
- Financial projections and past financial statements
- Business and personal tax returns
- Proof of business registration in Oklahoma
- Details of business and personal assets for collateral purposes
Oklahoma Department of Commerce: Key Functions and Contact Information
Website URL: Oklahoma Department of Commerce
Phone: [405-815-6552]
Address: 900 N Stiles Ave., Oklahoma City, OK 73104
Local Resources in Oklahoma
The Oklahoma Small Business Development Center (OSBDC) provides expert business advising, management training, and research resources to help local businesses succeed.
How to be Successful with Business Funding in Oklahoma
To be successful in securing business funding in Oklahoma, it's important to focus on sectors that are vital to the state’s economy, like energy and aerospace, and to utilize the extensive local support networks available.
SBA Resources in Oklahoma
The SBA in Oklahoma offers loans, mentorship, and training tailored to the needs of the local businesses, particularly those involved in key sectors like energy and manufacturing.