County44th of 88 in Ohio by approvalsFIPS 39051
SBA loans in Fulton 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 58 loans to businesses in Fulton County, Ohio, in FY2021 to FY2025, worth $14.0M: 52 under 7(a) and 6 under 504.
That is 62.8 approvals per 1,000 business establishments (924 establishments in 2023), close to the Ohio figure of 72.3 and above the national 41.0.
It ranks 44th of 88 Ohio counties with approvals. In FY2025 there were 12, down 29% on FY2024.
13 lenders had approvals here; the most active were The Huntington National Bank (39), Fifth Third Bank (4) and West Central Partnership, Inc. (3). The most common industry was services to buildings and dwellings.
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 Fulton 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 | 39 | $2.7M | 67.2% | |
| 2 | Fifth Third BankCincinnati, OH | 4 | $425K | 6.9% | |
| 3 | West Central Partnership, Inc.Perrysburg, OH · CDC | 3 | $3.4M | 5.2% | |
| 4 | Shoreham BankWarwick, RI | 2 | — | 3.4% | |
| 5 | Old National BankEvansville, IN | 2 | — | 3.4% | |
| 6 | WesBanco Bank, Inc.Wheeling, WV | 1 | — | 1.7% | |
| 7 | Growth Capital Corp.Cleveland, OH · CDC | 1 | — | 1.7% | |
| 8 | Northwest Ohio Development Assistance CorporationToledo, OH · CDC | 1 | — | 1.7% | |
| 9 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 1.7% | |
| 10 | Bank Five NineOconomowoc, WI | 1 | — | 1.7% | |
| 11 | First Western SBLC, LLCDallas, TX | 1 | — | 1.7% | |
| 12 | Community Capital Development CorporationDublin, OH · CDC | 1 | — | 1.7% | |
| 13 | KeyBank National AssociationCleveland, OH | 1 | — | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Services to Buildings and DwellingsNAICS 5617 | 4 | 6.9% | |
| 2 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 3 | 5.2% | |
| 3 | Traveler AccommodationNAICS 7211 | 3 | 5.2% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 5.2% | |
| 5 | General Freight TruckingNAICS 4841 | 3 | 5.2% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 2 | 3.4% | |
| 7 | Support Activities for Animal ProductionNAICS 1152 | 2 | 3.4% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 2 | 3.4% | |
| 9 | Residential Building ConstructionNAICS 2361 | 2 | 3.4% | |
| 10 | Building Finishing ContractorsNAICS 2383 | 2 | 3.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 10 | 17.2% | |
| 2 | Manufacturing | 8 | 13.8% | |
| 3 | Accommodation and Food Services | 7 | 12.1% | |
| 4 | Administrative and Support and Waste Management and Remediation Services | 6 | 10.3% | |
| 5 | Other Services (except Public Administration) | 6 | 10.3% | |
| 6 | Retail Trade | 6 | 10.3% | |
| 7 | Transportation and Warehousing | 6 | 10.3% | |
| 8 | Agriculture, Forestry, Fishing and Hunting | 4 | 6.9% |
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* | 8 | $2.8M | $249K | 0 | — | 8 | 48 |
| FY2025 | 11 | $1.2M | $50K | 1 | — | 12 | 50 |
| FY2024 | 17 | $4.4M | $100K | 0 | — | 17 | 205 |
| FY2023 | 12 | $644K | $40K | 2 | — | 14 | 23 |
| FY2022 | 10 | $2.9M | $75K | 1 | — | 11 | 27 |
| FY2021 | 2 | — | — | 2 | — | 4 | 22 |
| FY2020 | 10 | $984K | $44K | 0 | — | 10 | 53 |
| FY2019 | 11 | $1.9M | $25K | 0 | — | 11 | 18 |
| FY2018 | 10 | $1.3M | $88K | 1 | — | 11 | 77 |
| FY2017 | 12 | $1.5M | $45K | 0 | — | 12 | 44 |
| FY2016 | 16 | $3.3M | $50K | 1 | — | 17 | 81 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 61 approvals.
Against Ohio and the country
| FY2021–FY2025 | Fulton County | Ohio | United States |
|---|---|---|---|
| Approvals | 58 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 62.8 | 72.3 | 41.0 |
| Median 7(a) approval | $50K | $99K | $190K |
| Median 504 approval | $703K | $496K | $657K |
| Average approval | $241K | $336K | $573K |
| 504 share of approvals | 10.3% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 5.6 | 8.1 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less46.6%27
- $50,001 to $150,00020.7%12
- $150,001 to $350,00015.5%9
- $350,001 to $1 million8.6%5
- $1 million to $2 million8.6%5
Age of the businesses
- Existing, more than 2 years old58.6%34
- New business, 2 years or less15.5%9
- Startup, loan funds will open the business17.2%10
- Change of ownership8.6%5
Questions and answers
Which lenders make the most SBA loans in Fulton County?
By approvals in FY2021 to FY2025: The Huntington National Bank (39), Fifth Third Bank (4), West Central Partnership, Inc. (3), Shoreham Bank (2), Old National Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Fulton County?
The median 7(a) approval was $50K and the median 504 approval $703K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Fulton County?
Services to Buildings and Dwellings (4); Other Fabricated Metal Product Manufacturing (3); Traveler Accommodation (3); Restaurants and Other Eating Places (3); General Freight Trucking (3).
Is SBA lending in Fulton County rising?
Approvals in the three latest complete fiscal years total 43, against 25 in the three before: rising (+72%).
How does Fulton County compare with the rest of Ohio?
62.8 approvals per 1,000 establishments against 72.3 statewide, and 58 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