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County1st of 88 in Ohio by approvalsFIPS 39049
SBA loans in Franklin 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 Franklin County, Ohio, received 2,591 SBA loan approvals worth $881M in FY2021 to FY2025 (2,446 7(a), 145 504).
That is 84.4 approvals per 1,000 business establishments (30,700 establishments in 2023), above the Ohio figure of 72.3 and above the national 41.0.
It ranks 1st of 88 Ohio counties with approvals. In FY2025 there were 485, down 21% on FY2024.
117 lenders had approvals here; the most active were The Huntington National Bank (1,336), Telhio Credit Union Inc (200) and KeyBank National Association (92). 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 Franklin County
By number of approvals to businesses in the county, FY2021–FY2025; 117 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 1,336 | $226M | 51.6% | |
| 2 | Telhio Credit Union IncColumbus, OH | 200 | $56.4M | 7.7% | |
| 3 | KeyBank National AssociationCleveland, OH | 92 | $21.5M | 3.6% | |
| 4 | Community Capital Development CorporationDublin, OH · CDC | 71 | $49.5M | 2.7% | |
| 5 | U.S. Bank, National AssociationCincinnati, OH | 71 | $14.7M | 2.7% | |
| 6 | German American BankJasper, IN | 62 | $27.0M | 2.4% | |
| 7 | Ohio Statewide Development CorporationColumbus, OH · CDC | 59 | $34.6M | 2.3% | |
| 8 | First Commonwealth BankIndiana, PA | 41 | $32.5M | 1.6% | |
| 9 | Northeast BankLewiston, ME | 40 | $5.5M | 1.5% | |
| 10 | JPMorgan Chase Bank, National AssociationColumbus, OH | 38 | $9.3M | 1.5% | |
| 11 | Fifth Third BankCincinnati, OH | 35 | $20.1M | 1.4% | |
| 12 | United Midwest Savings Bank National AssociationDe Graff, OH | 30 | $15.6M | 1.2% | |
| 13 | PNC Bank, National AssociationWilmington, DE | 28 | $9.3M | 1.1% | |
| 14 | Newtek Bank, National AssociationMiami, FL | 27 | $12.9M | 1.0% | |
| 15 | Economic and Community Development InstituteColumbus, OH | 26 | $4.4M | 1.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 220 | 8.5% | |
| 2 | General Freight TruckingNAICS 4841 | 183 | 7.1% | |
| 3 | Personal Care ServicesNAICS 8121 | 116 | 4.5% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 88 | 3.4% | |
| 5 | Home Health Care ServicesNAICS 6216 | 80 | 3.1% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 76 | 2.9% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 60 | 2.3% | |
| 8 | Residential Building ConstructionNAICS 2361 | 60 | 2.3% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 60 | 2.3% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 59 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 312 | 12.0% | |
| 2 | Construction | 299 | 11.5% | |
| 3 | Health Care and Social Assistance | 290 | 11.2% | |
| 4 | Transportation and Warehousing | 275 | 10.6% | |
| 5 | Other Services (except Public Administration) | 265 | 10.2% | |
| 6 | Retail Trade | 265 | 10.2% | |
| 7 | Professional, Scientific, and Technical Services | 256 | 9.9% | |
| 8 | Manufacturing | 145 | 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* | 223 | $111M | $150K | 18 | $24.6M | 241 | 2,257 |
| FY2025 | 469 | $180M | $125K | 16 | $7.0M | 485 | 5,152 |
| FY2024 | 588 | $164M | $100K | 24 | $24.8M | 612 | 5,421 |
| FY2023 | 510 | $124M | $77K | 27 | $23.0M | 537 | 4,597 |
| FY2022 | 434 | $144M | $100K | 38 | $26.1M | 472 | 4,351 |
| FY2021 | 445 | $167M | $129K | 40 | $20.9M | 485 | 5,706 |
| FY2020 | 366 | $121M | $100K | 26 | $14.8M | 392 | 4,934 |
| FY2019 | 403 | $147M | $100K | 23 | $17.7M | 426 | 5,346 |
| FY2018 | 485 | $137M | $75K | 29 | $19.0M | 514 | 5,116 |
| FY2017 | 437 | $146M | $100K | 26 | $11.9M | 463 | 4,790 |
| FY2016 | 478 | $123M | $60K | 27 | $16.8M | 505 | 4,453 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 2,300 approvals.
Against Ohio and the country
| FY2021–FY2025 | Franklin County | Ohio | United States |
|---|---|---|---|
| Approvals | 2,591 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 84.4 | 72.3 | 41.0 |
| Median 7(a) approval | $100K | $99K | $190K |
| Median 504 approval | $486K | $496K | $657K |
| Average approval | $340K | $336K | $573K |
| 504 share of approvals | 5.6% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 9.7 | 8.1 | 10.5 |
| Share of state approvals | 14.1% | 100.0% | — |
Approval sizes
- $50,000 or less33.8%876
- $50,001 to $150,00027.4%709
- $150,001 to $350,00017.4%450
- $350,001 to $1 million13.2%341
- $1 million to $2 million5.2%135
- Over $2 million3.1%80
Age of the businesses
- Existing, more than 2 years old61.6%1,595
- New business, 2 years or less15.3%397
- Startup, loan funds will open the business17.8%461
- Change of ownership5.2%136
- Not answered0.1%2
Questions and answers
Which lenders make the most SBA loans in Franklin County?
By approvals in FY2021 to FY2025: The Huntington National Bank (1,336), Telhio Credit Union Inc (200), KeyBank National Association (92), Community Capital Development Corporation (71), U.S. Bank, National Association (71). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Franklin County?
The median 7(a) approval was $100K and the median 504 approval $486K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Franklin County?
Restaurants and Other Eating Places (220); General Freight Trucking (183); Personal Care Services (116); Services to Buildings and Dwellings (88); Home Health Care Services (80).
Is SBA lending in Franklin County rising?
Approvals in the three latest complete fiscal years total 1,634, against 1,349 in the three before: rising (+21%).
How does Franklin County compare with the rest of Ohio?
84.4 approvals per 1,000 establishments against 72.3 statewide, and 2,591 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