County49th of 88 in Ohio by approvalsFIPS 39077
SBA loans in Huron 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 50 loans to businesses in Huron County, Ohio, in FY2021 to FY2025, worth $18.2M: 46 under 7(a) and 4 under 504.
That is 45.2 approvals per 1,000 business establishments (1,105 establishments in 2023), below the Ohio figure of 72.3 and close to the national 41.0.
It ranks 49th of 88 Ohio counties with approvals. In FY2025 there were 7.
13 lenders had approvals here; the most active were The Huntington National Bank (22), First Commonwealth Bank (5) and Growth Capital Corp. (4). The most common industry was professional and commercial equipment and supplies merchant wholesalers.
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 Huron 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 | 22 | $6.0M | 44.0% | |
| 2 | First Commonwealth BankIndiana, PA | 5 | $3.1M | 10.0% | |
| 3 | Growth Capital Corp.Cleveland, OH · CDC | 4 | $2.3M | 8.0% | |
| 4 | Sutton BankAttica, OH | 4 | $1.1M | 8.0% | |
| 5 | KeyBank National AssociationCleveland, OH | 4 | $310K | 8.0% | |
| 6 | PNC Bank, National AssociationWilmington, DE | 3 | $340K | 6.0% | |
| 7 | The Croghan Colonial BankFremont, OH | 2 | — | 4.0% | |
| 8 | Commonwealth Business BankLos Angeles, CA | 1 | — | 2.0% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 1 | — | 2.0% | |
| 10 | GBankLas Vegas, NV | 1 | — | 2.0% | |
| 11 | Lendistry SBLC, LLCLos Angeles, CA | 1 | — | 2.0% | |
| 12 | Northeast BankLewiston, ME | 1 | — | 2.0% | |
| 13 | First Financial BankEl Dorado, AR | 1 | — | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional and Commercial Equipment and Supplies Merchant WholesalersNAICS 4234 | 5 | 10.0% | |
| 2 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 10.0% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 8.0% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 8.0% | |
| 5 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 6.0% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 3 | 6.0% | |
| 7 | Nonmetallic Mineral Mining and QuarryingNAICS 2123 | 2 | 4.0% | |
| 8 | Traveler AccommodationNAICS 7211 | 2 | 4.0% | |
| 9 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 4.0% | |
| 10 | Waste CollectionNAICS 5621 | 2 | 4.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 13 | 26.0% | |
| 2 | Accommodation and Food Services | 7 | 14.0% | |
| 3 | Wholesale Trade | 7 | 14.0% | |
| 4 | Professional, Scientific, and Technical Services | 4 | 8.0% | |
| 5 | Other Services (except Public Administration) | 4 | 8.0% | |
| 6 | Manufacturing | 3 | 6.0% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 3 | 6.0% | |
| 8 | Mining, Quarrying, and Oil and Gas Extraction | 2 | 4.0% |
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* | 2 | — | — | 0 | — | 2 | 9 |
| FY2025 | 6 | $958K | $109K | 1 | — | 7 | 29 |
| FY2024 | 5 | $1.8M | $150K | 1 | — | 6 | 34 |
| FY2023 | 13 | $3.7M | $144K | 1 | — | 14 | 91 |
| FY2022 | 12 | $4.7M | $90K | 0 | — | 12 | 41 |
| FY2021 | 10 | $4.8M | $126K | 1 | — | 11 | 126 |
| FY2020 | 2 | — | — | 1 | — | 3 | 13 |
| FY2019 | 4 | $311K | $75K | 0 | — | 4 | 5 |
| FY2018 | 9 | $860K | $90K | 1 | — | 10 | 220 |
| FY2017 | 9 | $922K | $80K | 0 | — | 9 | 70 |
| FY2016 | 4 | $680K | $150K | 0 | — | 4 | 16 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 30 approvals.
Against Ohio and the country
| FY2021–FY2025 | Huron County | Ohio | United States |
|---|---|---|---|
| Approvals | 50 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 45.2 | 72.3 | 41.0 |
| Median 7(a) approval | $137K | $99K | $190K |
| Median 504 approval | $594K | $496K | $657K |
| Average approval | $364K | $336K | $573K |
| 504 share of approvals | 8.0% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 6.4 | 8.1 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less28.0%14
- $50,001 to $150,00026.0%13
- $150,001 to $350,00024.0%12
- $350,001 to $1 million14.0%7
- $1 million to $2 million4.0%2
- Over $2 million4.0%2
Age of the businesses
- Existing, more than 2 years old64.0%32
- New business, 2 years or less22.0%11
- Startup, loan funds will open the business10.0%5
- Change of ownership4.0%2
Questions and answers
Which lenders make the most SBA loans in Huron County?
By approvals in FY2021 to FY2025: The Huntington National Bank (22), First Commonwealth Bank (5), Growth Capital Corp. (4), Sutton Bank (4), KeyBank National Association (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Huron County?
The median 7(a) approval was $137K and the median 504 approval $594K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Huron County?
Professional and Commercial Equipment and Supplies Merchant Wholesalers (5); Other Specialty Trade Contractors (5); Automotive Repair and Maintenance (4); Restaurants and Other Eating Places (4); Other Professional, Scientific, and Technical Services (3).
Is SBA lending in Huron County rising?
Approvals in the three latest complete fiscal years total 27, against 26 in the three before: broadly level (+4%).
How does Huron County compare with the rest of Ohio?
45.2 approvals per 1,000 establishments against 72.3 statewide, and 50 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