Drilling Oil and Gas Wells
Most active lenders
1Newtek Small Business Finance, Inc.$11.2M approved · $2.8M average4loans2Manufacturers and Traders Trust Company$163K approved · $41K average4loans3Sunflower Bank National Association$3.9M approved · $1.3M average3loans4BOKF, National Association$2.9M approved · $971K average3loans5Wells Fargo Bank National Association$341K approved · $114K average3loans
Ranked by loans written into this industry since FY2016.
Approvals by fiscal year
Hatched bar is FY2026, a partial year. The snapshot ends 30 June 2026.
9 loans in FY2025▲ 80% vs FY202435 loans since FY2021
Other industries in Mining, Quarrying, and Oil and Gas Extraction
All 13 →Support Activities for Oil and Gas OperationsNAICS 213112 · 390 lenders2,054$864.5M$421K3.1%9.75%Construction Sand and Gravel MiningNAICS 212321 · 235 lenders665$285.5M$429K4.8%11.25%Dimension Stone Mining and QuarryingNAICS 212311 · 73 lenders111$87.3M$786K2.7%—Other Crushed and Broken Stone Mining and QuarryingNAICS 212319 · 72 lenders108$73.3M$679K6.7%—Crushed and Broken Limestone Mining and QuarryingNAICS 212312 · 52 lenders83$63.7M$768K1.8%—Crude Petroleum ExtractionNAICS 211120 · 20 lenders44$52.1M$1.2M0.0%—Crude Petroleum and Natural Gas ExtractionNAICS 211111 · 71 lenders124$46.1M$372K10.7%—Bituminous Coal and Lignite Surface MiningNAICS 212111 · 26 lenders42$28.0M$667K0.7%—Support Activities for Metal MiningNAICS 213114 · 17 lenders35$18.8M$536K1.6%—Support Activities for Coal MiningNAICS 213113 · 20 lenders27$10.6M$392K0.0%—Support Activities for Nonmetallic Minerals (except Fuels) MiningNAICS 213115 · 23 lenders26$8.4M$323K0.0%—All Other Metal Ore MiningNAICS 212299 · 23 lenders32$6.9M$214K3.6%—
The 12 largest of the 12 other profiled industries in Mining, Quarrying, and Oil and Gas Extraction, by dollars approved. The sector spans 31 NAICS codes in all; the rest have fewer than 25 loans each. Median rate is the initial rate on 7(a) loans approved FY2024 onward. It is left blank below 20 such loans, because these rates cluster on round numbers and a median off a handful reads as precise when it is not — and blank for any industry that borrows only on 504, which reports no interest rate at all.