Cherokee Nation SSBCI $86 million lending program
Summary
The Cherokee Nation has $86 million in federal SSBCI funds to lend for commercial projects, paired with private capital, at 4-7% rates. Microenterprises in designated opportunity zones — including parts of North Tulsa — can get up to $25,000 at 2% with no private lender required. Board members flagged North Tulsa's predatory lending problem and asked the tribe to do targeted outreach there.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 23, 2026.
Impact analysis
$86 million in lendable federal funds is available to Oklahoma businesses, with roughly $20 million already deployed since January 2025.
Small businesses, commercial developers, and microentrepreneurs — especially in disinvested areas like North Tulsa — who otherwise face high bank rates or payday lending.
Mentions & discussions (1)
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