County12th of 88 in Ohio by approvalsFIPS 39103
SBA loans in Medina 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 438 loans to businesses in Medina County, Ohio, in FY2021 to FY2025, worth $109M: 416 under 7(a) and 22 under 504.
That is 106.1 approvals per 1,000 business establishments (4,127 establishments in 2023), above the Ohio figure of 72.3 and above the national 41.0.
It ranks 12th of 88 Ohio counties with approvals. In FY2025 there were 67, down 39% on FY2024.
35 lenders had approvals here; the most active were The Huntington National Bank (305), U.S. Bank, National Association (14) and Growth Capital Corp. (12). The most common industry was general freight trucking.
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 Medina County
By number of approvals to businesses in the county, FY2021–FY2025; 35 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 305 | $42.6M | 69.6% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 14 | $2.9M | 3.2% | |
| 3 | Growth Capital Corp.Cleveland, OH · CDC | 12 | $10.2M | 2.7% | |
| 4 | KeyBank National AssociationCleveland, OH | 11 | $3.2M | 2.5% | |
| 5 | Cascade Capital CorporationAkron, OH · CDC | 8 | $5.6M | 1.8% | |
| 6 | Northeast BankLewiston, ME | 8 | $917K | 1.8% | |
| 7 | First Commonwealth BankIndiana, PA | 6 | $5.2M | 1.4% | |
| 8 | Consumers National BankMinerva, OH | 6 | $1.8M | 1.4% | |
| 9 | United Midwest Savings Bank National AssociationDe Graff, OH | 6 | $750K | 1.4% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 6 | $742K | 1.4% | |
| 11 | First Federal Savings and Loan Association of LakewoodLakewood, OH | 6 | $590K | 1.4% | |
| 12 | First Financial BankCincinnati, OH | 5 | $2.9M | 1.1% | |
| 13 | JPMorgan Chase Bank, National AssociationColumbus, OH | 5 | $1.1M | 1.1% | |
| 14 | PNC Bank, National AssociationWilmington, DE | 4 | $4.9M | 0.9% | |
| 15 | Live Oak Banking CompanyWilmington, NC | 3 | $7.3M | 0.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 59 | 13.5% | |
| 2 | Other Specialty Trade ContractorsNAICS 2389 | 28 | 6.4% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 25 | 5.7% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 22 | 5.0% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 22 | 5.0% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 21 | 4.8% | |
| 7 | Residential Building ConstructionNAICS 2361 | 21 | 4.8% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 18 | 4.1% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 11 | 2.5% | |
| 10 | Other Personal ServicesNAICS 8129 | 10 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 94 | 21.5% | |
| 2 | Transportation and Warehousing | 75 | 17.1% | |
| 3 | Health Care and Social Assistance | 36 | 8.2% | |
| 4 | Administrative and Support and Waste Management and Remediation Services | 32 | 7.3% | |
| 5 | Accommodation and Food Services | 31 | 7.1% | |
| 6 | Other Services (except Public Administration) | 31 | 7.1% | |
| 7 | Professional, Scientific, and Technical Services | 30 | 6.8% | |
| 8 | Retail Trade | 24 | 5.5% |
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* | 45 | $21.6M | $150K | 1 | — | 46 | 250 |
| FY2025 | 63 | $21.5M | $100K | 4 | $4.3M | 67 | 363 |
| FY2024 | 105 | $23.8M | $50K | 5 | $6.0M | 110 | 555 |
| FY2023 | 81 | $18.2M | $50K | 2 | — | 83 | 450 |
| FY2022 | 90 | $15.7M | $64K | 5 | $4.3M | 95 | 476 |
| FY2021 | 77 | $11.6M | $85K | 6 | $2.8M | 83 | 416 |
| FY2020 | 72 | $17.9M | $50K | 3 | $1.6M | 75 | 892 |
| FY2019 | 69 | $15.7M | $50K | 10 | $7.3M | 79 | 975 |
| FY2018 | 110 | $24.4M | $95K | 8 | $5.7M | 118 | 1,033 |
| FY2017 | 97 | $22.2M | $50K | 1 | — | 98 | 589 |
| FY2016 | 73 | $16.2M | $85K | 4 | $6.6M | 77 | 463 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 447 approvals.
Against Ohio and the country
| FY2021–FY2025 | Medina County | Ohio | United States |
|---|---|---|---|
| Approvals | 438 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 106.1 | 72.3 | 41.0 |
| Median 7(a) approval | $64K | $99K | $190K |
| Median 504 approval | $614K | $496K | $657K |
| Average approval | $248K | $336K | $573K |
| 504 share of approvals | 5.0% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 5.2 | 8.1 | 10.5 |
| Share of state approvals | 2.4% | 100.0% | — |
Approval sizes
- $50,000 or less43.2%189
- $50,001 to $150,00026.9%118
- $150,001 to $350,00014.2%62
- $350,001 to $1 million11.6%51
- $1 million to $2 million2.1%9
- Over $2 million2.1%9
Age of the businesses
- Existing, more than 2 years old75.1%329
- New business, 2 years or less7.3%32
- Startup, loan funds will open the business14.2%62
- Change of ownership3.4%15
Questions and answers
Which lenders make the most SBA loans in Medina County?
By approvals in FY2021 to FY2025: The Huntington National Bank (305), U.S. Bank, National Association (14), Growth Capital Corp. (12), KeyBank National Association (11), Cascade Capital Corporation (8). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Medina County?
The median 7(a) approval was $64K and the median 504 approval $614K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Medina County?
General Freight Trucking (59); Other Specialty Trade Contractors (28); Restaurants and Other Eating Places (25); Building Equipment Contractors (22); Offices of Other Health Practitioners (22).
Is SBA lending in Medina County rising?
Approvals in the three latest complete fiscal years total 260, against 253 in the three before: broadly level (+3%).
How does Medina County compare with the rest of Ohio?
106.1 approvals per 1,000 establishments against 72.3 statewide, and 438 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