County37th of 88 in Ohio by approvalsFIPS 39003
SBA loans in Allen County, Ohio
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 73 loans to businesses in Allen County, Ohio, in FY2021 to FY2025, worth $21.2M: 67 under 7(a) and 6 under 504.
That is 32.6 approvals per 1,000 business establishments (2,239 establishments in 2023), below the Ohio figure of 72.3 and below the national 41.0.
It ranks 37th of 88 Ohio counties with approvals. In FY2025 there were 17, about level with FY2024.
17 lenders had approvals here; the most active were The Huntington National Bank (35), West Central Partnership, Inc. (6) and The State Bank and Trust Company (6). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Allen County
By number of approvals to businesses in the county, FY2021–FY2025; 17 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 35 | $6.2M | 47.9% | |
| 2 | West Central Partnership, Inc.Perrysburg, OH · CDC | 6 | $4.9M | 8.2% | |
| 3 | The State Bank and Trust CompanyDefiance, OH | 6 | $2.0M | 8.2% | |
| 4 | West Central Development CorporationPerrysburg, OH | 5 | $776K | 6.8% | |
| 5 | U.S. Bank, National AssociationCincinnati, OH | 4 | $134K | 5.5% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 3 | $2.5M | 4.1% | |
| 7 | Northeast BankLewiston, ME | 2 | — | 2.7% | |
| 8 | WesBanco Bank, Inc.Wheeling, WV | 2 | — | 2.7% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 2.7% | |
| 10 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 1.4% | |
| 11 | Bank Five NineOconomowoc, WI | 1 | — | 1.4% | |
| 12 | Osgood BankOsgood, OH | 1 | — | 1.4% | |
| 13 | The Park National BankNewark, OH | 1 | — | 1.4% | |
| 14 | The Union Bank CompanyColumbus Grove, OH | 1 | — | 1.4% | |
| 15 | PNC Bank, National AssociationWilmington, DE | 1 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 7 | 9.6% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 6 | 8.2% | |
| 3 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 4 | 5.5% | |
| 4 | Rubber Product ManufacturingNAICS 3262 | 3 | 4.1% | |
| 5 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 3 | 4.1% | |
| 6 | Motion Picture and Video IndustriesNAICS 5121 | 3 | 4.1% | |
| 7 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 3 | 4.1% | |
| 8 | Child Day Care ServicesNAICS 6244 | 3 | 4.1% | |
| 9 | Offices of PhysiciansNAICS 6211 | 3 | 4.1% | |
| 10 | Residential Building ConstructionNAICS 2361 | 3 | 4.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Wholesale Trade | 11 | 15.1% | |
| 2 | Other Services (except Public Administration) | 11 | 15.1% | |
| 3 | Health Care and Social Assistance | 10 | 13.7% | |
| 4 | Construction | 8 | 11.0% | |
| 5 | Accommodation and Food Services | 7 | 9.6% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 7 | 9.6% | |
| 7 | Manufacturing | 6 | 8.2% | |
| 8 | Retail Trade | 4 | 5.5% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 10 | $10.3M | $404K | 2 | — | 12 | 93 |
| FY2025 | 17 | $3.8M | $133K | 0 | — | 17 | 156 |
| FY2024 | 16 | $1.5M | $63K | 0 | — | 16 | 47 |
| FY2023 | 12 | $5.5M | $63K | 0 | — | 12 | 99 |
| FY2022 | 14 | $3.3M | $96K | 2 | — | 16 | 91 |
| FY2021 | 8 | $2.1M | $224K | 4 | $4.3M | 12 | 102 |
| FY2020 | 12 | $5.2M | $99K | 1 | — | 13 | 171 |
| FY2019 | 10 | $1.8M | $108K | 0 | — | 10 | 117 |
| FY2018 | 11 | $6.3M | $88K | 2 | — | 13 | 91 |
| FY2017 | 16 | $5.6M | $114K | 1 | — | 17 | 97 |
| FY2016 | 22 | $8.4M | $121K | 1 | — | 23 | 271 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 76 approvals.
Against Ohio and the country
| FY2021–FY2025 | Allen County | Ohio | United States |
|---|---|---|---|
| Approvals | 73 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 32.6 | 72.3 | 41.0 |
| Median 7(a) approval | $100K | $99K | $190K |
| Median 504 approval | $853K | $496K | $657K |
| Average approval | $290K | $336K | $573K |
| 504 share of approvals | 8.2% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 6.8 | 8.1 | 10.5 |
| Share of state approvals | 0.4% | 100.0% | — |
Approval sizes
- $50,000 or less34.2%25
- $50,001 to $150,00023.3%17
- $150,001 to $350,00019.2%14
- $350,001 to $1 million15.1%11
- $1 million to $2 million5.5%4
- Over $2 million2.7%2
Age of the businesses
- Existing, more than 2 years old69.9%51
- New business, 2 years or less11.0%8
- Startup, loan funds will open the business9.6%7
- Change of ownership9.6%7
Questions and answers
Which lenders make the most SBA loans in Allen County?
By approvals in FY2021 to FY2025: The Huntington National Bank (35), West Central Partnership, Inc. (6), The State Bank and Trust Company (6), West Central Development Corporation (5), U.S. Bank, National Association (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Allen County?
The median 7(a) approval was $100K and the median 504 approval $853K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Allen County?
Restaurants and Other Eating Places (7); Services to Buildings and Dwellings (6); Foundation, Structure, and Building Exterior Contractors (4); Rubber Product Manufacturing (3); Miscellaneous Durable Goods Merchant Wholesalers (3).
Is SBA lending in Allen County rising?
Approvals in the three latest complete fiscal years total 45, against 41 in the three before: rising (+10%).
How does Allen County compare with the rest of Ohio?
32.6 approvals per 1,000 establishments against 72.3 statewide, and 73 of the state's 18,439 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error