County54th of 88 in Ohio by approvalsFIPS 39083
SBA loans in Knox 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 38 loans to businesses in Knox County, Ohio, in FY2021 to FY2025, worth $13.8M: 35 under 7(a) and 3 under 504.
That is 33.9 approvals per 1,000 business establishments (1,121 establishments in 2023), below the Ohio figure of 72.3 and below the national 41.0.
It ranks 54th of 88 Ohio counties with approvals. In FY2025 there were 10.
14 lenders had approvals here; the most active were The Huntington National Bank (17), First Financial Bank (4) and The Park National Bank (3). The most common industry was poultry and egg production.
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 Knox County
By number of approvals to businesses in the county, FY2021–FY2025; 14 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 17 | $1.4M | 44.7% | |
| 2 | First Financial BankEl Dorado, AR | 4 | $5.2M | 10.5% | |
| 3 | The Park National BankNewark, OH | 3 | $2.9M | 7.9% | |
| 4 | Ohio Statewide Development CorporationColumbus, OH · CDC | 3 | $1.5M | 7.9% | |
| 5 | Telhio Credit Union IncColumbus, OH | 2 | — | 5.3% | |
| 6 | The Fahey Banking CompanyMarion, OH | 1 | — | 2.6% | |
| 7 | Buckeye State BankPowell, OH | 1 | — | 2.6% | |
| 8 | PNC Bank, National AssociationWilmington, DE | 1 | — | 2.6% | |
| 9 | Stock Yards Bank & Trust CompanyLouisville, KY | 1 | — | 2.6% | |
| 10 | JPMorgan Chase Bank, National AssociationColumbus, OH | 1 | — | 2.6% | |
| 11 | Northeast BankLewiston, ME | 1 | — | 2.6% | |
| 12 | The Community BankZanesville, OH | 1 | — | 2.6% | |
| 13 | Colony BankFitzgerald, GA | 1 | — | 2.6% | |
| 14 | BayFirst National BankSaint Petersburg, FL | 1 | — | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Poultry and Egg ProductionNAICS 1123 | 4 | 10.5% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 4 | 10.5% | |
| 3 | Sawmills and Wood PreservationNAICS 3211 | 3 | 7.9% | |
| 4 | Other Miscellaneous ManufacturingNAICS 3399 | 2 | 5.3% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 5.3% | |
| 6 | Special Food ServicesNAICS 7223 | 2 | 5.3% | |
| 7 | Other Miscellaneous Store RetailersNAICS 4539 | 2 | 5.3% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 5.3% | |
| 9 | Gasoline StationsNAICS 4571 | 1 | 2.6% | |
| 10 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 1 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 8 | 21.1% | |
| 2 | Manufacturing | 5 | 13.2% | |
| 3 | Agriculture, Forestry, Fishing and Hunting | 4 | 10.5% | |
| 4 | Retail Trade | 4 | 10.5% | |
| 5 | Professional, Scientific, and Technical Services | 4 | 10.5% | |
| 6 | Accommodation and Food Services | 4 | 10.5% | |
| 7 | Arts, Entertainment, and Recreation | 3 | 7.9% | |
| 8 | Health Care and Social Assistance | 2 | 5.3% |
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* | 3 | $5.2M | $904K | 0 | — | 3 | 36 |
| FY2025 | 10 | $4.7M | $224K | 0 | — | 10 | 73 |
| FY2024 | 5 | $912K | $150K | 0 | — | 5 | 46 |
| FY2023 | 8 | $2.3M | $88K | 0 | — | 8 | 8 |
| FY2022 | 5 | $1.4M | $149K | 1 | — | 6 | 21 |
| FY2021 | 7 | $3.2M | $123K | 2 | — | 9 | 74 |
| FY2020 | 6 | $802K | $100K | 0 | — | 6 | 19 |
| FY2019 | 7 | $1.2M | $36K | 3 | $2.1M | 10 | 57 |
| FY2018 | 13 | $3.0M | $150K | 1 | — | 14 | 140 |
| FY2017 | 13 | $6.5M | $84K | 1 | — | 14 | 168 |
| FY2016 | 9 | $2.8M | $70K | 1 | — | 10 | 82 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 54 approvals.
Against Ohio and the country
| FY2021–FY2025 | Knox County | Ohio | United States |
|---|---|---|---|
| Approvals | 38 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 33.9 | 72.3 | 41.0 |
| Median 7(a) approval | $132K | $99K | $190K |
| Median 504 approval | $489K | $496K | $657K |
| Average approval | $364K | $336K | $573K |
| 504 share of approvals | 7.9% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 5.8 | 8.1 | 10.5 |
| Share of state approvals | 0.2% | 100.0% | — |
Approval sizes
- $50,000 or less23.7%9
- $50,001 to $150,00034.2%13
- $150,001 to $350,00015.8%6
- $350,001 to $1 million15.8%6
- $1 million to $2 million10.5%4
Age of the businesses
- Existing, more than 2 years old71.1%27
- New business, 2 years or less10.5%4
- Startup, loan funds will open the business13.2%5
- Change of ownership5.3%2
Questions and answers
Which lenders make the most SBA loans in Knox County?
By approvals in FY2021 to FY2025: The Huntington National Bank (17), First Financial Bank (4), The Park National Bank (3), Ohio Statewide Development Corporation (3), Telhio Credit Union Inc (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Knox County?
The median 7(a) approval was $132K and the median 504 approval $489K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Knox County?
Poultry and Egg Production (4); Building Equipment Contractors (4); Sawmills and Wood Preservation (3); Other Miscellaneous Manufacturing (2); Restaurants and Other Eating Places (2).
Is SBA lending in Knox County rising?
Approvals in the three latest complete fiscal years total 23, against 21 in the three before: rising (+10%).
How does Knox County compare with the rest of Ohio?
33.9 approvals per 1,000 establishments against 72.3 statewide, and 38 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