Small Business Assistance Center Loan Programs

The Cherokee Nation Economic Development Authority lends to businesses and individuals located within the contiguous 14 counties of the Cherokee Nation (Adair, Cherokee, Craig, Delaware, McIntosh, Mayes, Muskogee, Nowata, Ottawa, Rogers, Tulsa, Sequoyah, Wagoner and Washington). Loan rates and terms vary based on the type of loan, collateral pledged, need and the credit worthiness of the borrower. For information please call Brian Wagnon at 918-453-5531 or email

Commercial Business Loans--business loans range from $100 to $500,000. Most loans are in the area of $30,000 to $75,000. The term of the loan could be 2 to 15 years depending on the amount of the loan and the collateral being used. Loans greater than $50,000 must be collateralized with commercial or personal property (real estate). 

Micro Enterprise Opportunity Loan - business loans range from $100 to $25,000. This program is for low to moderate income applicants.

Youth Entrepreneur Loan-- requirements would be the same as the micro enterprise loan. The loan is for youth ages 13 – 25. Ages 13 – 18 would require a parent to cosign the loan.

Small Farm and Crop loans—loans from $100 to $25,000 (with most being in the $3500 range) for the purchase of livestock, farm equipment, capital improvement for farm operation (such as fencing and/or barn repair), with the primary focus being on local food growth and sustainability. Repayment options and loan terms will be customized to meet the unique and individual needs of small crop/livestock farmers.


Credit Application

 TitleModified DateSize 
Credit Application7/2/2013135.24 KBDownload
Commercial Business Loan Supplemental7/2/2013647.00 KBDownload