County20th of 88 in Ohio by approvalsFIPS 39055
SBA loans in Geauga 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 249 loans to businesses in Geauga County, Ohio, in FY2021 to FY2025, worth $59.1M: 241 under 7(a) and 8 under 504.
That is 88.4 approvals per 1,000 business establishments (2,816 establishments in 2023), above the Ohio figure of 72.3 and above the national 41.0.
It ranks 20th of 88 Ohio counties with approvals. In FY2025 there were 44, about level with FY2024.
25 lenders had approvals here; the most active were The Huntington National Bank (165), KeyBank National Association (18) and U.S. Bank, National Association (9). The most common industry was foundation, structure, and building exterior 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 Geauga County
By number of approvals to businesses in the county, FY2021–FY2025; 25 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 165 | $21.4M | 66.3% | |
| 2 | KeyBank National AssociationCleveland, OH | 18 | $9.7M | 7.2% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 9 | $699K | 3.6% | |
| 4 | BayFirst National BankSaint Petersburg, FL | 7 | $1.6M | 2.8% | |
| 5 | First Commonwealth BankIndiana, PA | 6 | $4.4M | 2.4% | |
| 6 | Growth Capital Corp.Cleveland, OH · CDC | 6 | $3.5M | 2.4% | |
| 7 | Northwest BankWarren, PA | 6 | $2.3M | 2.4% | |
| 8 | Northeast BankLewiston, ME | 5 | $600K | 2.0% | |
| 9 | JPMorgan Chase Bank, National AssociationColumbus, OH | 3 | $700K | 1.2% | |
| 10 | Newtek Bank, National AssociationMiami, FL | 3 | $550K | 1.2% | |
| 11 | Fifth Third BankCincinnati, OH | 2 | — | 0.8% | |
| 12 | Bank Five NineOconomowoc, WI | 2 | — | 0.8% | |
| 13 | Cascade Capital CorporationAkron, OH · CDC | 2 | — | 0.8% | |
| 14 | First Federal Savings and Loan Association of LakewoodLakewood, OH | 2 | — | 0.8% | |
| 15 | First National Bank of PennsylvaniaGreenville, PA | 2 | — | 0.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 22 | 8.8% | |
| 2 | Residential Building ConstructionNAICS 2361 | 19 | 7.6% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 14 | 5.6% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 5.2% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 12 | 4.8% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 11 | 4.4% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 6 | 2.4% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 6 | 2.4% | |
| 9 | Other Schools and InstructionNAICS 6116 | 6 | 2.4% | |
| 10 | Bakeries and Tortilla ManufacturingNAICS 3118 | 6 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 76 | 30.5% | |
| 2 | Manufacturing | 28 | 11.2% | |
| 3 | Administrative and Support and Waste Management and Remediation Services | 24 | 9.6% | |
| 4 | Retail Trade | 19 | 7.6% | |
| 5 | Professional, Scientific, and Technical Services | 17 | 6.8% | |
| 6 | Accommodation and Food Services | 16 | 6.4% | |
| 7 | Other Services (except Public Administration) | 15 | 6.0% | |
| 8 | Health Care and Social Assistance | 12 | 4.8% |
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* | 9 | $5.4M | $335K | 0 | — | 9 | 55 |
| FY2025 | 40 | $8.7M | $132K | 4 | $1.8M | 44 | 389 |
| FY2024 | 44 | $10.7M | $93K | 0 | — | 44 | 557 |
| FY2023 | 49 | $15.9M | $75K | 1 | — | 50 | 338 |
| FY2022 | 68 | $13.8M | $93K | 3 | $2.5M | 71 | 342 |
| FY2021 | 40 | $5.5M | $60K | 0 | — | 40 | 68 |
| FY2020 | 40 | $6.9M | $66K | 4 | $815K | 44 | 301 |
| FY2019 | 38 | $9.1M | $63K | 3 | $1.7M | 41 | 320 |
| FY2018 | 57 | $22.5M | $70K | 0 | — | 57 | 457 |
| FY2017 | 38 | $7.1M | $50K | 6 | $3.0M | 44 | 475 |
| FY2016 | 40 | $5.9M | $50K | 2 | — | 42 | 152 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 228 approvals.
Against Ohio and the country
| FY2021–FY2025 | Geauga County | Ohio | United States |
|---|---|---|---|
| Approvals | 249 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 88.4 | 72.3 | 41.0 |
| Median 7(a) approval | $80K | $99K | $190K |
| Median 504 approval | $495K | $496K | $657K |
| Average approval | $237K | $336K | $573K |
| 504 share of approvals | 3.2% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 6.8 | 8.1 | 10.5 |
| Share of state approvals | 1.4% | 100.0% | — |
Approval sizes
- $50,000 or less38.6%96
- $50,001 to $150,00033.3%83
- $150,001 to $350,00014.9%37
- $350,001 to $1 million8.4%21
- $1 million to $2 million2.4%6
- Over $2 million2.4%6
Age of the businesses
- Existing, more than 2 years old79.1%197
- New business, 2 years or less10.0%25
- Startup, loan funds will open the business6.8%17
- Change of ownership4.0%10
Questions and answers
Which lenders make the most SBA loans in Geauga County?
By approvals in FY2021 to FY2025: The Huntington National Bank (165), KeyBank National Association (18), U.S. Bank, National Association (9), BayFirst National Bank (7), First Commonwealth Bank (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Geauga County?
The median 7(a) approval was $80K and the median 504 approval $495K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Geauga County?
Foundation, Structure, and Building Exterior Contractors (22); Residential Building Construction (19); Other Specialty Trade Contractors (14); Restaurants and Other Eating Places (13); Services to Buildings and Dwellings (12).
Is SBA lending in Geauga County rising?
Approvals in the three latest complete fiscal years total 138, against 155 in the three before: falling (-11%).
How does Geauga County compare with the rest of Ohio?
88.4 approvals per 1,000 establishments against 72.3 statewide, and 249 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