Business Lending Success Stories

Blue Wave Boats

Supporting job creation in Seminole via Blue Wave Boats' facility expansion

Oklahoma-based Blue Wave and Silver Wave Boats, located in Seminole, will be undergoing a multi-million-dollar expansion in its operations and adding an additional 150 employees. The founders, Roger and Pam Parks, will be retiring after 40 plus years of boat building and utilizing the New Markets Tax Credit (NMTC) program.  

Horizon Holdings, LLC will partner with the existing operators and part owners, Richard and Steven Parks, to build the business. Currently, the business has a network of 59 boat dealers in 17 states, throughout the Gulf of Mexico and Mid-West, and employs more than 125 people.

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