States › Ohio › Belmont County
County35th of 88 in Ohio by approvalsFIPS 39013
SBA loans in Belmont 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.
Businesses in Belmont County, Ohio, received 89 SBA loan approvals worth $24.2M in FY2021 to FY2025 (89 7(a), 0 504).
That is 64.5 approvals per 1,000 business establishments (1,379 establishments in 2023), close to the Ohio figure of 72.3 and above the national 41.0.
It ranks 35th of 88 Ohio counties with approvals. In FY2025 there were 10, down 55% on FY2024.
13 lenders had approvals here; the most active were The Huntington National Bank (73), WesBanco Bank, Inc. (3) and Celtic Bank Corporation (2). The most common industry was other specialty trade contractors.
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 Belmont County
By number of approvals to businesses in the county, FY2021–FY2025; 13 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 73 | $7.3M | 82.0% | |
| 2 | WesBanco Bank, Inc.Wheeling, WV | 3 | $230K | 3.4% | |
| 3 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 2.2% | |
| 4 | GBankLas Vegas, NV | 2 | — | 2.2% | |
| 5 | The Home Loan Savings BankCoshocton, OH | 1 | — | 1.1% | |
| 6 | PCB BankLos Angeles, CA | 1 | — | 1.1% | |
| 7 | Unified BankMartins Ferry, OH | 1 | — | 1.1% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 1 | — | 1.1% | |
| 9 | Consumers National BankMinerva, OH | 1 | — | 1.1% | |
| 10 | Northeast BankLewiston, ME | 1 | — | 1.1% | |
| 11 | The Community BankZanesville, OH | 1 | — | 1.1% | |
| 12 | KeyBank National AssociationCleveland, OH | 1 | — | 1.1% | |
| 13 | U.S. Bank, National AssociationCincinnati, OH | 1 | — | 1.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Specialty Trade ContractorsNAICS 2389 | 7 | 7.9% | |
| 2 | Freight Transportation ArrangementNAICS 4885 | 7 | 7.9% | |
| 3 | Residential Building ConstructionNAICS 2361 | 5 | 5.6% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 5.6% | |
| 5 | Traveler AccommodationNAICS 7211 | 4 | 4.5% | |
| 6 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 4.5% | |
| 7 | Personal Care ServicesNAICS 8121 | 4 | 4.5% | |
| 8 | General Freight TruckingNAICS 4841 | 4 | 4.5% | |
| 9 | Other Schools and InstructionNAICS 6116 | 3 | 3.4% | |
| 10 | Beer, Wine, and Liquor StoresNAICS 4453 | 2 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 16 | 18.0% | |
| 2 | Transportation and Warehousing | 14 | 15.7% | |
| 3 | Other Services (except Public Administration) | 12 | 13.5% | |
| 4 | Retail Trade | 11 | 12.4% | |
| 5 | Accommodation and Food Services | 9 | 10.1% | |
| 6 | Professional, Scientific, and Technical Services | 6 | 6.7% | |
| 7 | Arts, Entertainment, and Recreation | 5 | 5.6% | |
| 8 | Manufacturing | 5 | 5.6% |
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* | 5 | $7.1M | $1.1M | 0 | — | 5 | 56 |
| FY2025 | 10 | $5.5M | $85K | 0 | — | 10 | 215 |
| FY2024 | 22 | $4.6M | $50K | 0 | — | 22 | 102 |
| FY2023 | 28 | $9.4M | $45K | 0 | — | 28 | 122 |
| FY2022 | 17 | $2.5M | $40K | 0 | — | 17 | 12 |
| FY2021 | 12 | $2.1M | $35K | 0 | — | 12 | 40 |
| FY2020 | 7 | $4.4M | $89K | 0 | — | 7 | 32 |
| FY2019 | 8 | $4.0M | $20K | 0 | — | 8 | 61 |
| FY2018 | 1 | — | — | 0 | — | 1 | 0 |
| FY2017 | 9 | $2.1M | $150K | 0 | — | 9 | 74 |
| FY2016 | 10 | $887K | $63K | 0 | — | 10 | 34 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 35 approvals.
Against Ohio and the country
| FY2021–FY2025 | Belmont County | Ohio | United States |
|---|---|---|---|
| Approvals | 89 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 64.5 | 72.3 | 41.0 |
| Median 7(a) approval | $50K | $99K | $190K |
| Median 504 approval | — | $496K | $657K |
| Average approval | $271K | $336K | $573K |
| 504 share of approvals | 0.0% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 5.5 | 8.1 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less58.4%52
- $50,001 to $150,00022.5%20
- $150,001 to $350,0006.7%6
- $350,001 to $1 million3.4%3
- $1 million to $2 million4.5%4
- Over $2 million4.5%4
Age of the businesses
- Existing, more than 2 years old58.4%52
- New business, 2 years or less18.0%16
- Startup, loan funds will open the business14.6%13
- Change of ownership9.0%8
Questions and answers
Which lenders make the most SBA loans in Belmont County?
By approvals in FY2021 to FY2025: The Huntington National Bank (73), WesBanco Bank, Inc. (3), Celtic Bank Corporation (2), GBank (2), The Home Loan Savings Bank (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Belmont County?
The median 7(a) approval was $50K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Belmont County?
Other Specialty Trade Contractors (7); Freight Transportation Arrangement (7); Residential Building Construction (5); Automotive Repair and Maintenance (5); Traveler Accommodation (4).
Is SBA lending in Belmont County rising?
Approvals in the three latest complete fiscal years total 60, against 36 in the three before: rising (+67%).
How does Belmont County compare with the rest of Ohio?
64.5 approvals per 1,000 establishments against 72.3 statewide, and 89 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