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County32nd of 88 in Ohio by approvalsFIPS 39063
SBA loans in Hancock 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 Hancock County, Ohio, received 97 SBA loan approvals worth $40.0M in FY2021 to FY2025 (92 7(a), 5 504).
That is 57.4 approvals per 1,000 business establishments (1,691 establishments in 2023), below the Ohio figure of 72.3 and above the national 41.0.
It ranks 32nd of 88 Ohio counties with approvals. In FY2025 there were 16, down 16% on FY2024.
17 lenders had approvals here; the most active were The Huntington National Bank (65), WesBanco Bank, Inc. (9) and Ohio Statewide Development Corporation (3). 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 Hancock 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 | 65 | $7.1M | 67.0% | |
| 2 | WesBanco Bank, Inc.Wheeling, WV | 9 | $4.6M | 9.3% | |
| 3 | Ohio Statewide Development CorporationColumbus, OH · CDC | 3 | $3.0M | 3.1% | |
| 4 | Shoreham BankWarwick, RI | 2 | — | 2.1% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 2 | — | 2.1% | |
| 6 | KeyBank National AssociationCleveland, OH | 2 | — | 2.1% | |
| 7 | The Citizens National Bank of BlufftonBluffton, OH | 2 | — | 2.1% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 2 | — | 2.1% | |
| 9 | JPMorgan Chase Bank, National AssociationColumbus, OH | 2 | — | 2.1% | |
| 10 | GBankLas Vegas, NV | 1 | — | 1.0% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 1.0% | |
| 12 | West Central Partnership, Inc.Perrysburg, OH · CDC | 1 | — | 1.0% | |
| 13 | Northwest Ohio Development Assistance CorporationToledo, OH · CDC | 1 | — | 1.0% | |
| 14 | Banc of CaliforniaLos Angeles, CA | 1 | — | 1.0% | |
| 15 | Fifth Third BankCincinnati, OH | 1 | — | 1.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 10 | 10.3% | |
| 2 | Personal Care ServicesNAICS 8121 | 9 | 9.3% | |
| 3 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 4 | 4.1% | |
| 4 | Other Personal ServicesNAICS 8129 | 4 | 4.1% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 4 | 4.1% | |
| 6 | Bakeries and Tortilla ManufacturingNAICS 3118 | 4 | 4.1% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 4.1% | |
| 8 | Traveler AccommodationNAICS 7211 | 3 | 3.1% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 3 | 3.1% | |
| 10 | Waste CollectionNAICS 5621 | 3 | 3.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Services (except Public Administration) | 19 | 19.6% | |
| 2 | Accommodation and Food Services | 16 | 16.5% | |
| 3 | Construction | 13 | 13.4% | |
| 4 | Retail Trade | 9 | 9.3% | |
| 5 | Professional, Scientific, and Technical Services | 9 | 9.3% | |
| 6 | Manufacturing | 8 | 8.2% | |
| 7 | Transportation and Warehousing | 7 | 7.2% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 7 | 7.2% |
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* | 7 | $1.0M | $142K | 0 | — | 7 | 67 |
| FY2025 | 15 | $11.9M | $75K | 1 | — | 16 | 188 |
| FY2024 | 19 | $3.0M | $50K | 0 | — | 19 | 95 |
| FY2023 | 23 | $5.4M | $50K | 1 | — | 24 | 95 |
| FY2022 | 27 | $7.5M | $50K | 2 | — | 29 | 87 |
| FY2021 | 8 | $4.5M | $238K | 1 | — | 9 | 199 |
| FY2020 | 6 | $913K | $121K | 1 | — | 7 | 20 |
| FY2019 | 14 | $5.7M | $173K | 0 | — | 14 | 127 |
| FY2018 | 23 | $13.5M | $200K | 0 | — | 23 | 582 |
| FY2017 | 23 | $9.6M | $80K | 0 | — | 23 | 187 |
| FY2016 | 21 | $3.8M | $50K | 2 | — | 23 | 117 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 90 approvals.
Against Ohio and the country
| FY2021–FY2025 | Hancock County | Ohio | United States |
|---|---|---|---|
| Approvals | 97 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 57.4 | 72.3 | 41.0 |
| Median 7(a) approval | $60K | $99K | $190K |
| Median 504 approval | $2.1M | $496K | $657K |
| Average approval | $413K | $336K | $573K |
| 504 share of approvals | 5.2% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 6.8 | 8.1 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less45.4%44
- $50,001 to $150,00024.7%24
- $150,001 to $350,0009.3%9
- $350,001 to $1 million8.2%8
- $1 million to $2 million4.1%4
- Over $2 million8.2%8
Age of the businesses
- Existing, more than 2 years old46.4%45
- New business, 2 years or less15.5%15
- Startup, loan funds will open the business22.7%22
- Change of ownership15.5%15
Questions and answers
Which lenders make the most SBA loans in Hancock County?
By approvals in FY2021 to FY2025: The Huntington National Bank (65), WesBanco Bank, Inc. (9), Ohio Statewide Development Corporation (3), Shoreham Bank (2), Live Oak Banking Company (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Hancock County?
The median 7(a) approval was $60K and the median 504 approval $2.1M; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Hancock County?
Restaurants and Other Eating Places (10); Personal Care Services (9); Other Professional, Scientific, and Technical Services (4); Other Personal Services (4); Services to Buildings and Dwellings (4).
Is SBA lending in Hancock County rising?
Approvals in the three latest complete fiscal years total 59, against 45 in the three before: rising (+31%).
How does Hancock County compare with the rest of Ohio?
57.4 approvals per 1,000 establishments against 72.3 statewide, and 97 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