Gateway First Bank
Gateway First Bank is an active SBA lender in Oklahoma, a bank offering SBA-guaranteed small-business loans. Currently rated 5.0 stars across 3 Google reviews.
$3M
in SBA approvals since 2022
9
SBA loans funded
General Retail · Wholesale & Distribution · Cleaning, Landscaping & Janitorial
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Gateway First Bank
Gateway First Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on the local community, the bank provides various loan programs including the SBA 7(a) and 504, designed to help entrepreneurs access capital with flexible terms and competitive rates. Their experienced team guides clients through the application process, ensuring clarity and efficiency from start to finish. Whether you're a startup or an established business, Gateway First Bank aims to facilitate your financial success with personalized service and industry expertise. The bank's primary NAICS code, 339950, indicates a specialization in manufacturing-related industries, supporting businesses in this sector with tailored financial solutions. Known for their strong approval amounts, they have approved loans up to $226,300, demonstrating their capacity to support a range of business sizes and needs. Located in Jenks, Oklahoma, they serve the regional market with a focus on local economic development and small business growth.
Common questions about Gateway First Bank
What is this place and what can I find here?
This is a bank that offers SBA loan programs designed to help small businesses access capital for growth and operational needs. You can find personalized financial services, expert guidance, and various loan options tailored to your business goals.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-ins are also welcome during business hours depending on availability.
What are the hours of operation?
Gateway First Bank's Jenks location is open Monday through Friday from 9:00 AM to 5:00 PM for both lobby and drive-thru services. Contact them to confirm hours for specific services.
Is there a fee to use this?
There are no fees for accessing basic information, but loan processing and application fees may apply depending on the specific financing arrangement.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners and entrepreneurs in the regional Oklahoma area, but eligibility depends on meeting loan criteria and creditworthiness.
What minimum personal credit score does this bank look for in a guarantor?
Typically, a minimum personal credit score of 640 is preferred, though higher scores can improve approval chances.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes between 30 to 45 days, depending on the complexity of the loan and completeness of documentation.
Is this open on weekends?
No, Gateway First Bank's Jenks location is closed on weekends and operates Monday through Friday only. Contact them directly for SBA lending availability during business hours.
How do I get there and where do I park?
Gateway First Bank is located in Oklahoma — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for Gateway First Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Gateway First Bank itself, which runs its own lending under its own ownership. If you work at Gateway First Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Gateway First Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Gateway First Bank before applying. If you represent Gateway First Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Gateway First Bank by phone at (918) 324-0021, email at digitalsupport@gatewayfirst.com, or online at gatewayfirst.com. For SBA loans, ask for their business lending department.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, Gateway First Bank can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask Gateway First Bank directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Gateway First Bank participates in SBA Express depends on its specific SBA lending authority. Contact Gateway First Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Gateway First Bank can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Gateway First Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Gateway First Bank directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Gateway First Bank what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Gateway First Bank to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Gateway First Bank to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Gateway First Bank weighs this case by case under its own policy, so be upfront about your history and ask Gateway First Bank how it evaluates prior bankruptcies.
