County45th of 88 in Ohio by approvalsFIPS 39091
SBA loans in Logan 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 Logan County, Ohio, received 57 SBA loan approvals worth $13.9M in FY2021 to FY2025 (53 7(a), 4 504).
That is 65.4 approvals per 1,000 business establishments (872 establishments in 2023), close to the Ohio figure of 72.3 and above the national 41.0.
It ranks 45th of 88 Ohio counties with approvals. In FY2025 there were 13, down 41% on FY2024.
17 lenders had approvals here; the most active were The Huntington National Bank (30), U.S. Bank, National Association (6) and Riverside Bank of Dublin (2). The most common industry was other specialty trade contractors.
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 Logan 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 | 30 | $2.0M | 52.6% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 6 | $1.4M | 10.5% | |
| 3 | Riverside Bank of DublinDublin, OH | 2 | — | 3.5% | |
| 4 | Ohio Statewide Development CorporationColumbus, OH · CDC | 2 | — | 3.5% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 2 | — | 3.5% | |
| 6 | The State Bank and Trust CompanyDefiance, OH | 2 | — | 3.5% | |
| 7 | WesBanco Bank, Inc.Wheeling, WV | 2 | — | 3.5% | |
| 8 | Telhio Credit Union IncColumbus, OH | 2 | — | 3.5% | |
| 9 | Byline BankChicago, IL | 1 | — | 1.8% | |
| 10 | The Union Bank CompanyColumbus Grove, OH | 1 | — | 1.8% | |
| 11 | Alloy Development Co., Inc.Cincinnati, OH · CDC | 1 | — | 1.8% | |
| 12 | CenTrust Bank, A Division of SmartBiz Bank National AssociationNorthbrook, IL | 1 | — | 1.8% | |
| 13 | Community Capital Development CorporationDublin, OH · CDC | 1 | — | 1.8% | |
| 14 | Northeast BankLewiston, ME | 1 | — | 1.8% | |
| 15 | First Commonwealth BankIndiana, PA | 1 | — | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Specialty Trade ContractorsNAICS 2389 | 8 | 14.0% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 12.3% | |
| 3 | General Freight TruckingNAICS 4841 | 7 | 12.3% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 3 | 5.3% | |
| 5 | Hardware, and Plumbing and Heating Equipment and Supplies Merchant WholesalersNAICS 4237 | 2 | 3.5% | |
| 6 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 3.5% | |
| 7 | Paint, Coating, and Adhesive ManufacturingNAICS 3255 | 2 | 3.5% | |
| 8 | Specialized Freight TruckingNAICS 4842 | 2 | 3.5% | |
| 9 | Nonresidential Building ConstructionNAICS 2362 | 2 | 3.5% | |
| 10 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 2 | 3.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 15 | 26.3% | |
| 2 | Other Services (except Public Administration) | 9 | 15.8% | |
| 3 | Transportation and Warehousing | 9 | 15.8% | |
| 4 | Wholesale Trade | 5 | 8.8% | |
| 5 | Professional, Scientific, and Technical Services | 5 | 8.8% | |
| 6 | Accommodation and Food Services | 4 | 7.0% | |
| 7 | Manufacturing | 3 | 5.3% | |
| 8 | Retail Trade | 3 | 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* | 5 | $2.5M | $315K | 0 | — | 5 | 150 |
| FY2025 | 13 | $4.7M | $57K | 0 | — | 13 | 42 |
| FY2024 | 20 | $4.4M | $93K | 2 | — | 22 | 155 |
| FY2023 | 11 | $843K | $40K | 0 | — | 11 | 18 |
| FY2022 | 7 | $457K | $26K | 0 | — | 7 | 18 |
| FY2021 | 2 | — | — | 2 | — | 4 | 23 |
| FY2020 | 13 | $889K | $50K | 0 | — | 13 | 23 |
| FY2019 | 5 | $1.1M | $36K | 0 | — | 5 | 45 |
| FY2018 | 11 | $915K | $50K | 0 | — | 11 | 34 |
| FY2017 | 13 | $4.5M | $50K | 0 | — | 13 | 46 |
| FY2016 | 20 | $2.7M | $40K | 0 | — | 20 | 131 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 62 approvals.
Against Ohio and the country
| FY2021–FY2025 | Logan County | Ohio | United States |
|---|---|---|---|
| Approvals | 57 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 65.4 | 72.3 | 41.0 |
| Median 7(a) approval | $75K | $99K | $190K |
| Median 504 approval | $456K | $496K | $657K |
| Average approval | $243K | $336K | $573K |
| 504 share of approvals | 7.0% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 4.5 | 8.1 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less42.1%24
- $50,001 to $150,00024.6%14
- $150,001 to $350,00019.3%11
- $350,001 to $1 million7.0%4
- $1 million to $2 million5.3%3
- Over $2 million1.8%1
Age of the businesses
- Existing, more than 2 years old71.9%41
- New business, 2 years or less7.0%4
- Startup, loan funds will open the business15.8%9
- Change of ownership3.5%2
- Not answered1.8%1
Questions and answers
Which lenders make the most SBA loans in Logan County?
By approvals in FY2021 to FY2025: The Huntington National Bank (30), U.S. Bank, National Association (6), Riverside Bank of Dublin (2), Ohio Statewide Development Corporation (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 Logan County?
The median 7(a) approval was $75K and the median 504 approval $456K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Logan County?
Other Specialty Trade Contractors (8); Automotive Repair and Maintenance (7); General Freight Trucking (7); Building Equipment Contractors (3); Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (2).
Is SBA lending in Logan County rising?
Approvals in the three latest complete fiscal years total 46, against 24 in the three before: rising (+92%).
How does Logan County compare with the rest of Ohio?
65.4 approvals per 1,000 establishments against 72.3 statewide, and 57 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