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County43rd of 88 in Ohio by approvalsFIPS 39143
SBA loans in Sandusky 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 59 loans to businesses in Sandusky County, Ohio, in FY2021 to FY2025, worth $19.9M: 58 under 7(a) and 1 under 504.
That is 47.2 approvals per 1,000 business establishments (1,250 establishments in 2023), below the Ohio figure of 72.3 and above the national 41.0.
It ranks 43rd of 88 Ohio counties with approvals. In FY2025 there were 11, down 21% on FY2024.
11 lenders had approvals here; the most active were The Huntington National Bank (45), U.S. Bank, National Association (3) and KeyBank National Association (2). 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 Sandusky County
By number of approvals to businesses in the county, FY2021–FY2025; 11 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 45 | $10.0M | 76.3% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 3 | $176K | 5.1% | |
| 3 | KeyBank National AssociationCleveland, OH | 2 | — | 3.4% | |
| 4 | WesBanco Bank, Inc.Wheeling, WV | 2 | — | 3.4% | |
| 5 | GBankLas Vegas, NV | 1 | — | 1.7% | |
| 6 | The Croghan Colonial BankFremont, OH | 1 | — | 1.7% | |
| 7 | Happen BankLehi, UT | 1 | — | 1.7% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 1 | — | 1.7% | |
| 9 | West Central Partnership, Inc.Perrysburg, OH · CDC | 1 | — | 1.7% | |
| 10 | Colony BankFitzgerald, GA | 1 | — | 1.7% | |
| 11 | The Genoa Banking CompanyGenoa, OH | 1 | — | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 9 | 15.3% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 7 | 11.9% | |
| 3 | Other Miscellaneous ManufacturingNAICS 3399 | 4 | 6.8% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 6.8% | |
| 5 | Personal Care ServicesNAICS 8121 | 4 | 6.8% | |
| 6 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 3 | 5.1% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 5.1% | |
| 8 | Waste CollectionNAICS 5621 | 3 | 5.1% | |
| 9 | Residential Building ConstructionNAICS 2361 | 3 | 5.1% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 2 | 3.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Transportation and Warehousing | 11 | 18.6% | |
| 2 | Administrative and Support and Waste Management and Remediation Services | 10 | 16.9% | |
| 3 | Construction | 8 | 13.6% | |
| 4 | Other Services (except Public Administration) | 7 | 11.9% | |
| 5 | Accommodation and Food Services | 5 | 8.5% | |
| 6 | Manufacturing | 5 | 8.5% | |
| 7 | Retail Trade | 4 | 6.8% | |
| 8 | Arts, Entertainment, and Recreation | 4 | 6.8% |
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 | — | — | 1 | — | 3 | 29 |
| FY2025 | 11 | $4.7M | $50K | 0 | — | 11 | 32 |
| FY2024 | 14 | $3.7M | $78K | 0 | — | 14 | 97 |
| FY2023 | 14 | $1.5M | $40K | 0 | — | 14 | 92 |
| FY2022 | 5 | $3.8M | $175K | 1 | — | 6 | 10 |
| FY2021 | 14 | $5.7M | $222K | 0 | — | 14 | 268 |
| FY2020 | 17 | $11.6M | $250K | 1 | — | 18 | 233 |
| FY2019 | 11 | $4.2M | $100K | 0 | — | 11 | 99 |
| FY2018 | 9 | $2.1M | $107K | 0 | — | 9 | 175 |
| FY2017 | 15 | $3.8M | $50K | 0 | — | 15 | 75 |
| FY2016 | 14 | $1.4M | $67K | 0 | — | 14 | 76 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 67 approvals.
Against Ohio and the country
| FY2021–FY2025 | Sandusky County | Ohio | United States |
|---|---|---|---|
| Approvals | 59 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 47.2 | 72.3 | 41.0 |
| Median 7(a) approval | $78K | $99K | $190K |
| Median 504 approval | — | $496K | $657K |
| Average approval | $337K | $336K | $573K |
| 504 share of approvals | 1.7% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 8.5 | 8.1 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less39.0%23
- $50,001 to $150,00027.1%16
- $150,001 to $350,00011.9%7
- $350,001 to $1 million10.2%6
- $1 million to $2 million8.5%5
- Over $2 million3.4%2
Age of the businesses
- Existing, more than 2 years old57.6%34
- New business, 2 years or less15.3%9
- Startup, loan funds will open the business13.6%8
- Change of ownership13.6%8
Questions and answers
Which lenders make the most SBA loans in Sandusky County?
By approvals in FY2021 to FY2025: The Huntington National Bank (45), U.S. Bank, National Association (3), KeyBank National Association (2), WesBanco Bank, Inc. (2), GBank (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Sandusky County?
The median 7(a) approval was $78K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Sandusky County?
General Freight Trucking (9); Services to Buildings and Dwellings (7); Other Miscellaneous Manufacturing (4); Restaurants and Other Eating Places (4); Personal Care Services (4).
Is SBA lending in Sandusky County rising?
Approvals in the three latest complete fiscal years total 39, against 38 in the three before: broadly level (+3%).
How does Sandusky County compare with the rest of Ohio?
47.2 approvals per 1,000 establishments against 72.3 statewide, and 59 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