County57th of 88 in Ohio by approvalsFIPS 39069
SBA loans in Henry 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 33 loans to businesses in Henry County, Ohio, in FY2021 to FY2025, worth $10.7M: 33 under 7(a) and 0 under 504.
That is 59.2 approvals per 1,000 business establishments (557 establishments in 2023), below the Ohio figure of 72.3 and above the national 41.0.
It ranks 57th of 88 Ohio counties with approvals. In FY2025 there were 4.
7 lenders had approvals here; the most active were The Huntington National Bank (25), WesBanco Bank, Inc. (3) and Buckeye State Bank (1). 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 Henry County
By number of approvals to businesses in the county, FY2021–FY2025; 7 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 25 | $1.5M | 75.8% | |
| 2 | WesBanco Bank, Inc.Wheeling, WV | 3 | $411K | 9.1% | |
| 3 | Buckeye State BankPowell, OH | 1 | — | 3.0% | |
| 4 | Millennium BankDes Plaines, IL | 1 | — | 3.0% | |
| 5 | The Citizens National Bank of BlufftonBluffton, OH | 1 | — | 3.0% | |
| 6 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 3.0% | |
| 7 | Grasshopper Bank National AssociationNew York, NY | 1 | — | 3.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 18.2% | |
| 2 | General Freight TruckingNAICS 4841 | 5 | 15.2% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 4 | 12.1% | |
| 4 | Grocery and Related Product Merchant WholesalersNAICS 4244 | 2 | 6.1% | |
| 5 | Residential Building ConstructionNAICS 2361 | 2 | 6.1% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 2 | 6.1% | |
| 7 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 1 | 3.0% | |
| 8 | Traveler AccommodationNAICS 7211 | 1 | 3.0% | |
| 9 | Plastics Product ManufacturingNAICS 3261 | 1 | 3.0% | |
| 10 | Other Support ServicesNAICS 5619 | 1 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 9 | 27.3% | |
| 2 | Accommodation and Food Services | 8 | 24.2% | |
| 3 | Transportation and Warehousing | 6 | 18.2% | |
| 4 | Manufacturing | 3 | 9.1% | |
| 5 | Wholesale Trade | 2 | 6.1% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 2 | 6.1% | |
| 7 | Other Services (except Public Administration) | 2 | 6.1% | |
| 8 | Retail Trade | 1 | 3.0% |
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* | 0 | — | — | 0 | — | 0 | 0 |
| FY2025 | 4 | $675K | $75K | 0 | — | 4 | 16 |
| FY2024 | 9 | $544K | $47K | 0 | — | 9 | 26 |
| FY2023 | 6 | $3.4M | $40K | 0 | — | 6 | 43 |
| FY2022 | 9 | $991K | $63K | 0 | — | 9 | 29 |
| FY2021 | 5 | $5.2M | $70K | 0 | — | 5 | 83 |
| FY2020 | 6 | $768K | $46K | 1 | — | 7 | 89 |
| FY2019 | 4 | $1.1M | $263K | 0 | — | 4 | 88 |
| FY2018 | 3 | $2.1M | $173K | 0 | — | 3 | 34 |
| FY2017 | 5 | $164K | $30K | 0 | — | 5 | 20 |
| FY2016 | 5 | $4.2M | $25K | 0 | — | 5 | 53 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 24 approvals.
Against Ohio and the country
| FY2021–FY2025 | Henry County | Ohio | United States |
|---|---|---|---|
| Approvals | 33 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 59.2 | 72.3 | 41.0 |
| Median 7(a) approval | $50K | $99K | $190K |
| Median 504 approval | — | $496K | $657K |
| Average approval | $326K | $336K | $573K |
| 504 share of approvals | 0.0% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 6.0 | 8.1 | 10.5 |
| Share of state approvals | 0.2% | 100.0% | — |
Approval sizes
- $50,000 or less51.5%17
- $50,001 to $150,00027.3%9
- $150,001 to $350,0006.1%2
- $350,001 to $1 million9.1%3
- Over $2 million6.1%2
Age of the businesses
- Existing, more than 2 years old75.8%25
- New business, 2 years or less9.1%3
- Startup, loan funds will open the business12.1%4
- Change of ownership3.0%1
Questions and answers
Which lenders make the most SBA loans in Henry County?
By approvals in FY2021 to FY2025: The Huntington National Bank (25), WesBanco Bank, Inc. (3), Buckeye State Bank (1), Millennium Bank (1), The Citizens National Bank of Bluffton (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Henry County?
The median 7(a) approval was $50K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Henry County?
Restaurants and Other Eating Places (6); General Freight Trucking (5); Building Equipment Contractors (4); Grocery and Related Product Merchant Wholesalers (2); Residential Building Construction (2).
Is SBA lending in Henry County rising?
Approvals in the three latest complete fiscal years total 19, against 21 in the three before: falling (-10%).
How does Henry County compare with the rest of Ohio?
59.2 approvals per 1,000 establishments against 72.3 statewide, and 33 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