County52nd of 88 in Ohio by approvalsFIPS 39101
SBA loans in Marion 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 44 loans to businesses in Marion County, Ohio, in FY2021 to FY2025, worth $8.8M: 42 under 7(a) and 2 under 504.
That is 41.9 approvals per 1,000 business establishments (1,051 establishments in 2023), below the Ohio figure of 72.3 and close to the national 41.0.
It ranks 52nd of 88 Ohio counties with approvals. In FY2025 there were 9, down 36% on FY2024.
13 lenders had approvals here; the most active were The Huntington National Bank (26), Live Oak Banking Company (2) and First Commonwealth Bank (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 Marion 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 | 26 | $1.8M | 59.1% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 2 | — | 4.5% | |
| 3 | First Commonwealth BankIndiana, PA | 2 | — | 4.5% | |
| 4 | Community Capital Development CorporationDublin, OH · CDC | 2 | — | 4.5% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 4.5% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 2 | — | 4.5% | |
| 7 | JPMorgan Chase Bank, National AssociationColumbus, OH | 2 | — | 4.5% | |
| 8 | The Bancorp Bank National AssociationSioux Falls, SD | 1 | — | 2.3% | |
| 9 | The Park National BankNewark, OH | 1 | — | 2.3% | |
| 10 | CNB BankClearfield, PA | 1 | — | 2.3% | |
| 11 | Adelphi BankColumbus, OH | 1 | — | 2.3% | |
| 12 | Harvest Small Business Finance, LLCLaguna Hills, CA | 1 | — | 2.3% | |
| 13 | Colony BankFitzgerald, GA | 1 | — | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Specialty Trade ContractorsNAICS 2389 | 8 | 18.2% | |
| 2 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 4 | 9.1% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 4 | 9.1% | |
| 4 | Other Miscellaneous RetailersNAICS 4599 | 3 | 6.8% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 6.8% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 6.8% | |
| 7 | General Freight TruckingNAICS 4841 | 2 | 4.5% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 2 | 4.5% | |
| 9 | Personal Care ServicesNAICS 8121 | 2 | 4.5% | |
| 10 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 1 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 13 | 29.5% | |
| 2 | Retail Trade | 6 | 13.6% | |
| 3 | Other Services (except Public Administration) | 5 | 11.4% | |
| 4 | Wholesale Trade | 4 | 9.1% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 4 | 9.1% | |
| 6 | Arts, Entertainment, and Recreation | 3 | 6.8% | |
| 7 | Transportation and Warehousing | 3 | 6.8% | |
| 8 | Health Care and Social Assistance | 2 | 4.5% |
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* | 2 | — | — | 0 | — | 2 | 26 |
| FY2025 | 9 | $1.6M | $150K | 0 | — | 9 | 44 |
| FY2024 | 14 | $2.3M | $38K | 0 | — | 14 | 37 |
| FY2023 | 4 | $732K | $99K | 0 | — | 4 | 32 |
| FY2022 | 3 | $1.3M | $30K | 1 | — | 4 | 3 |
| FY2021 | 12 | $2.4M | $75K | 1 | — | 13 | 86 |
| FY2020 | 5 | $2.6M | $153K | 1 | — | 6 | 26 |
| FY2019 | 8 | $1.3M | $111K | 0 | — | 8 | 58 |
| FY2018 | 8 | $2.1M | $147K | 0 | — | 8 | 34 |
| FY2017 | 16 | $17.3M | $393K | 0 | — | 16 | 245 |
| FY2016 | 7 | $1.4M | $50K | 1 | — | 8 | 59 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 46 approvals.
Against Ohio and the country
| FY2021–FY2025 | Marion County | Ohio | United States |
|---|---|---|---|
| Approvals | 44 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 41.9 | 72.3 | 41.0 |
| Median 7(a) approval | $54K | $99K | $190K |
| Median 504 approval | — | $496K | $657K |
| Average approval | $199K | $336K | $573K |
| 504 share of approvals | 4.5% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 4.6 | 8.1 | 10.5 |
| Share of state approvals | 0.2% | 100.0% | — |
Approval sizes
- $50,000 or less47.7%21
- $50,001 to $150,00015.9%7
- $150,001 to $350,00022.7%10
- $350,001 to $1 million6.8%3
- $1 million to $2 million6.8%3
Age of the businesses
- Existing, more than 2 years old72.7%32
- New business, 2 years or less11.4%5
- Startup, loan funds will open the business13.6%6
- Change of ownership2.3%1
Questions and answers
Which lenders make the most SBA loans in Marion County?
By approvals in FY2021 to FY2025: The Huntington National Bank (26), Live Oak Banking Company (2), First Commonwealth Bank (2), Community Capital Development Corporation (2), Readycap Lending, LLC (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Marion County?
The median 7(a) approval was $54K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Marion County?
Other Specialty Trade Contractors (8); Miscellaneous Durable Goods Merchant Wholesalers (4); Services to Buildings and Dwellings (4); Other Miscellaneous Retailers (3); Other Amusement and Recreation Industries (3).
Is SBA lending in Marion County rising?
Approvals in the three latest complete fiscal years total 27, against 23 in the three before: rising (+17%).
How does Marion County compare with the rest of Ohio?
41.9 approvals per 1,000 establishments against 72.3 statewide, and 44 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