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County15th of 88 in Ohio by approvalsFIPS 39089
SBA loans in Licking 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 Licking County, Ohio, received 356 SBA loan approvals worth $110M in FY2021 to FY2025 (338 7(a), 18 504).
That is 108.6 approvals per 1,000 business establishments (3,277 establishments in 2023), above the Ohio figure of 72.3 and above the national 41.0.
It ranks 15th of 88 Ohio counties with approvals. In FY2025 there were 46, down 46% on FY2024.
38 lenders had approvals here; the most active were The Huntington National Bank (197), The Community Bank (38) and Telhio Credit Union Inc (15). 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 Licking County
By number of approvals to businesses in the county, FY2021–FY2025; 38 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 197 | $28.9M | 55.3% | |
| 2 | The Community BankZanesville, OH | 38 | $2.8M | 10.7% | |
| 3 | Telhio Credit Union IncColumbus, OH | 15 | $3.7M | 4.2% | |
| 4 | Ohio Statewide Development CorporationColumbus, OH · CDC | 12 | $4.5M | 3.4% | |
| 5 | German American BankJasper, IN | 10 | $2.0M | 2.8% | |
| 6 | North Valley BankZanesville, OH | 7 | $11.3M | 2.0% | |
| 7 | BayFirst National BankSaint Petersburg, FL | 7 | $1.0M | 2.0% | |
| 8 | The Park National BankNewark, OH | 6 | $2.9M | 1.7% | |
| 9 | First Commonwealth BankIndiana, PA | 5 | $5.5M | 1.4% | |
| 10 | Celtic Bank CorporationSalt Lake City, UT | 5 | $4.7M | 1.4% | |
| 11 | KeyBank National AssociationCleveland, OH | 4 | $1.6M | 1.1% | |
| 12 | Community Capital Development CorporationDublin, OH · CDC | 4 | $949K | 1.1% | |
| 13 | U.S. Bank, National AssociationCincinnati, OH | 4 | $412K | 1.1% | |
| 14 | First Bank of Central OhioWorthington, OH | 3 | $4.8M | 0.8% | |
| 15 | Economic and Community Development InstituteColumbus, OH | 3 | $796K | 0.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 25 | 7.0% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 25 | 7.0% | |
| 3 | Building Finishing ContractorsNAICS 2383 | 20 | 5.6% | |
| 4 | Residential Building ConstructionNAICS 2361 | 17 | 4.8% | |
| 5 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 15 | 4.2% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 14 | 3.9% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 13 | 3.7% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 12 | 3.4% | |
| 9 | General Freight TruckingNAICS 4841 | 12 | 3.4% | |
| 10 | Other Personal ServicesNAICS 8129 | 10 | 2.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 81 | 22.8% | |
| 2 | Other Services (except Public Administration) | 37 | 10.4% | |
| 3 | Administrative and Support and Waste Management and Remediation Services | 36 | 10.1% | |
| 4 | Professional, Scientific, and Technical Services | 33 | 9.3% | |
| 5 | Health Care and Social Assistance | 32 | 9.0% | |
| 6 | Accommodation and Food Services | 29 | 8.1% | |
| 7 | Retail Trade | 26 | 7.3% | |
| 8 | Manufacturing | 23 | 6.5% |
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* | 25 | $7.3M | $150K | 5 | $2.2M | 30 | 123 |
| FY2025 | 44 | $19.4M | $100K | 2 | — | 46 | 503 |
| FY2024 | 83 | $28.5M | $103K | 2 | — | 85 | 658 |
| FY2023 | 78 | $18.7M | $65K | 2 | — | 80 | 420 |
| FY2022 | 65 | $9.4M | $50K | 6 | $2.7M | 71 | 321 |
| FY2021 | 68 | $26.2M | $95K | 6 | $1.8M | 74 | 566 |
| FY2020 | 38 | $5.7M | $50K | 6 | $2.8M | 44 | 499 |
| FY2019 | 41 | $16.8M | $50K | 3 | $506K | 44 | 386 |
| FY2018 | 45 | $10.4M | $70K | 6 | $2.7M | 51 | 260 |
| FY2017 | 56 | $8.3M | $50K | 1 | — | 57 | 234 |
| FY2016 | 55 | $10.2M | $50K | 1 | — | 56 | 305 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 252 approvals.
Against Ohio and the country
| FY2021–FY2025 | Licking County | Ohio | United States |
|---|---|---|---|
| Approvals | 356 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 108.6 | 72.3 | 41.0 |
| Median 7(a) approval | $76K | $99K | $190K |
| Median 504 approval | $265K | $496K | $657K |
| Average approval | $309K | $336K | $573K |
| 504 share of approvals | 5.1% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 6.9 | 8.1 | 10.5 |
| Share of state approvals | 1.9% | 100.0% | — |
Approval sizes
- $50,000 or less38.8%138
- $50,001 to $150,00029.5%105
- $150,001 to $350,00016.0%57
- $350,001 to $1 million8.7%31
- $1 million to $2 million2.8%10
- Over $2 million4.2%15
Age of the businesses
- Existing, more than 2 years old63.8%227
- New business, 2 years or less15.4%55
- Startup, loan funds will open the business17.7%63
- Change of ownership3.1%11
Questions and answers
Which lenders make the most SBA loans in Licking County?
By approvals in FY2021 to FY2025: The Huntington National Bank (197), The Community Bank (38), Telhio Credit Union Inc (15), Ohio Statewide Development Corporation (12), German American Bank (10). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Licking County?
The median 7(a) approval was $76K and the median 504 approval $265K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Licking County?
Restaurants and Other Eating Places (25); Services to Buildings and Dwellings (25); Building Finishing Contractors (20); Residential Building Construction (17); Foundation, Structure, and Building Exterior Contractors (15).
Is SBA lending in Licking County rising?
Approvals in the three latest complete fiscal years total 211, against 189 in the three before: rising (+12%).
How does Licking County compare with the rest of Ohio?
108.6 approvals per 1,000 establishments against 72.3 statewide, and 356 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