County46th of 88 in Ohio by approvalsFIPS 39147
SBA loans in Seneca 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 Seneca County, Ohio, received 55 SBA loan approvals worth $14.3M in FY2021 to FY2025 (51 7(a), 4 504).
That is 52.2 approvals per 1,000 business establishments (1,053 establishments in 2023), below the Ohio figure of 72.3 and above the national 41.0.
It ranks 46th of 88 Ohio counties with approvals. In FY2025 there were 10, down 29% on FY2024.
17 lenders had approvals here; the most active were The Huntington National Bank (18), Sutton Bank (11) and U.S. Bank, National Association (4). 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 Seneca 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 | 18 | $1.8M | 32.7% | |
| 2 | Sutton BankAttica, OH | 11 | $2.3M | 20.0% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 4 | $793K | 7.3% | |
| 4 | Heritage Bank IncBurlington, KY | 3 | $450K | 5.5% | |
| 5 | Growth Capital Corp.Cleveland, OH · CDC | 2 | — | 3.6% | |
| 6 | West Central Partnership, Inc.Perrysburg, OH · CDC | 2 | — | 3.6% | |
| 7 | The Croghan Colonial BankFremont, OH | 2 | — | 3.6% | |
| 8 | Fifth Third BankCincinnati, OH | 2 | — | 3.6% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 2 | — | 3.6% | |
| 10 | InBankRaton, NM | 2 | — | 3.6% | |
| 11 | Mission Valley BankSun Valley, CA | 1 | — | 1.8% | |
| 12 | GBankLas Vegas, NV | 1 | — | 1.8% | |
| 13 | FinWise BankSandy, UT | 1 | — | 1.8% | |
| 14 | West Central Development CorporationPerrysburg, OH | 1 | — | 1.8% | |
| 15 | The First National Bank BellevueBellevue, OH | 1 | — | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 9 | 16.4% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 9.1% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 5.5% | |
| 4 | Building Finishing ContractorsNAICS 2383 | 3 | 5.5% | |
| 5 | Traveler AccommodationNAICS 7211 | 2 | 3.6% | |
| 6 | Gasoline StationsNAICS 4471 | 2 | 3.6% | |
| 7 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 3.6% | |
| 8 | Offices of DentistsNAICS 6212 | 2 | 3.6% | |
| 9 | Advertising, Public Relations, and Related ServicesNAICS 5418 | 2 | 3.6% | |
| 10 | Gasoline StationsNAICS 4571 | 2 | 3.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Transportation and Warehousing | 10 | 18.2% | |
| 2 | Retail Trade | 8 | 14.5% | |
| 3 | Construction | 8 | 14.5% | |
| 4 | Other Services (except Public Administration) | 6 | 10.9% | |
| 5 | Manufacturing | 6 | 10.9% | |
| 6 | Accommodation and Food Services | 4 | 7.3% | |
| 7 | Health Care and Social Assistance | 4 | 7.3% | |
| 8 | Wholesale Trade | 2 | 3.6% |
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* | 6 | $1.7M | $143K | 1 | — | 7 | 66 |
| FY2025 | 10 | $3.7M | $133K | 0 | — | 10 | 80 |
| FY2024 | 14 | $2.1M | $81K | 0 | — | 14 | 29 |
| FY2023 | 13 | $3.6M | $150K | 0 | — | 13 | 49 |
| FY2022 | 4 | $288K | $72K | 2 | — | 6 | 43 |
| FY2021 | 10 | $1.9M | $105K | 2 | — | 12 | 75 |
| FY2020 | 10 | $4.1M | $225K | 0 | — | 10 | 176 |
| FY2019 | 9 | $1.1M | $100K | 0 | — | 9 | 39 |
| FY2018 | 13 | $3.2M | $150K | 2 | — | 15 | 90 |
| FY2017 | 17 | $2.1M | $104K | 1 | — | 18 | 112 |
| FY2016 | 16 | $9.9M | $96K | 2 | — | 18 | 180 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 70 approvals.
Against Ohio and the country
| FY2021–FY2025 | Seneca County | Ohio | United States |
|---|---|---|---|
| Approvals | 55 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 52.2 | 72.3 | 41.0 |
| Median 7(a) approval | $100K | $99K | $190K |
| Median 504 approval | $305K | $496K | $657K |
| Average approval | $259K | $336K | $573K |
| 504 share of approvals | 7.3% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 5.0 | 8.1 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less30.9%17
- $50,001 to $150,00040.0%22
- $150,001 to $350,00010.9%6
- $350,001 to $1 million12.7%7
- $1 million to $2 million3.6%2
- Over $2 million1.8%1
Age of the businesses
- Existing, more than 2 years old70.9%39
- New business, 2 years or less9.1%5
- Startup, loan funds will open the business9.1%5
- Change of ownership10.9%6
Questions and answers
Which lenders make the most SBA loans in Seneca County?
By approvals in FY2021 to FY2025: The Huntington National Bank (18), Sutton Bank (11), U.S. Bank, National Association (4), Heritage Bank Inc (3), Growth Capital Corp. (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Seneca County?
The median 7(a) approval was $100K and the median 504 approval $305K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Seneca County?
General Freight Trucking (9); Automotive Repair and Maintenance (5); Other Specialty Trade Contractors (3); Building Finishing Contractors (3); Traveler Accommodation (2).
Is SBA lending in Seneca County rising?
Approvals in the three latest complete fiscal years total 37, against 28 in the three before: rising (+32%).
How does Seneca County compare with the rest of Ohio?
52.2 approvals per 1,000 establishments against 72.3 statewide, and 55 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