County53rd of 88 in Ohio by approvalsFIPS 39149
SBA loans in Shelby 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 Shelby County, Ohio, received 40 SBA loan approvals worth $16.2M in FY2021 to FY2025 (37 7(a), 3 504).
That is 40.4 approvals per 1,000 business establishments (989 establishments in 2023), below the Ohio figure of 72.3 and close to the national 41.0.
It ranks 53rd of 88 Ohio counties with approvals. In FY2025 there were 12.
17 lenders had approvals here; the most active were U.S. Bank, National Association (15), The Huntington National Bank (6) and West Central Partnership, Inc. (2). The most common industry was restaurants and other eating places.
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 Shelby County
By number of approvals to businesses in the county, FY2021–FY2025; 17 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 15 | $530K | 37.5% | |
| 2 | The Huntington National BankColumbus, OH | 6 | $2.8M | 15.0% | |
| 3 | West Central Partnership, Inc.Perrysburg, OH · CDC | 2 | — | 5.0% | |
| 4 | United Midwest Savings Bank National AssociationDe Graff, OH | 2 | — | 5.0% | |
| 5 | Northeast BankLewiston, ME | 2 | — | 5.0% | |
| 6 | PNC Bank, National AssociationWilmington, DE | 2 | — | 5.0% | |
| 7 | GBankLas Vegas, NV | 1 | — | 2.5% | |
| 8 | Fifth Third BankCincinnati, OH | 1 | — | 2.5% | |
| 9 | Millennium BankDes Plaines, IL | 1 | — | 2.5% | |
| 10 | Community Capital Development CorporationDublin, OH · CDC | 1 | — | 2.5% | |
| 11 | FDIC - Community Bank & Trust-West GeorgiaLagrange, GA | 1 | — | 2.5% | |
| 12 | The Farmers National Bank of CanfieldCanfield, OH | 1 | — | 2.5% | |
| 13 | The Park National BankNewark, OH | 1 | — | 2.5% | |
| 14 | Banc of CaliforniaLos Angeles, CA | 1 | — | 2.5% | |
| 15 | Economic and Community Development InstituteColumbus, OH | 1 | — | 2.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 5 | 12.5% | |
| 2 | Other Miscellaneous ManufacturingNAICS 3399 | 3 | 7.5% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 7.5% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 3 | 7.5% | |
| 5 | Traveler AccommodationNAICS 7211 | 2 | 5.0% | |
| 6 | Offices of DentistsNAICS 6212 | 2 | 5.0% | |
| 7 | Services to Buildings and DwellingsNAICS 5617 | 2 | 5.0% | |
| 8 | General Freight TruckingNAICS 4841 | 2 | 5.0% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 5.0% | |
| 10 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 5.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 8 | 20.0% | |
| 2 | Manufacturing | 6 | 15.0% | |
| 3 | Health Care and Social Assistance | 6 | 15.0% | |
| 4 | Construction | 5 | 12.5% | |
| 5 | Arts, Entertainment, and Recreation | 3 | 7.5% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 2 | 5.0% | |
| 7 | Professional, Scientific, and Technical Services | 2 | 5.0% | |
| 8 | Transportation and Warehousing | 2 | 5.0% |
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 | 2 |
| FY2025 | 12 | $5.6M | $147K | 0 | — | 12 | 51 |
| FY2024 | 8 | $3.3M | $164K | 0 | — | 8 | 18 |
| FY2023 | 5 | $546K | $20K | 0 | — | 5 | 18 |
| FY2022 | 4 | $580K | $42K | 1 | — | 5 | 32 |
| FY2021 | 8 | $2.1M | $46K | 2 | — | 10 | 28 |
| FY2020 | 6 | $7.1M | $250K | 1 | — | 7 | 62 |
| FY2019 | 8 | $4.1M | $190K | 1 | — | 9 | 5 |
| FY2018 | 6 | $572K | $88K | 0 | — | 6 | 57 |
| FY2017 | 5 | $225K | $25K | 0 | — | 5 | 3 |
| FY2016 | 5 | $1.9M | $105K | 3 | $1.8M | 8 | 63 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 35 approvals.
Against Ohio and the country
| FY2021–FY2025 | Shelby County | Ohio | United States |
|---|---|---|---|
| Approvals | 40 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 40.4 | 72.3 | 41.0 |
| Median 7(a) approval | $99K | $99K | $190K |
| Median 504 approval | $995K | $496K | $657K |
| Average approval | $406K | $336K | $573K |
| 504 share of approvals | 7.5% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 3.7 | 8.1 | 10.5 |
| Share of state approvals | 0.2% | 100.0% | — |
Approval sizes
- $50,000 or less45.0%18
- $50,001 to $150,00017.5%7
- $150,001 to $350,0007.5%3
- $350,001 to $1 million20.0%8
- $1 million to $2 million5.0%2
- Over $2 million5.0%2
Age of the businesses
- Existing, more than 2 years old47.5%19
- New business, 2 years or less30.0%12
- Startup, loan funds will open the business7.5%3
- Change of ownership15.0%6
Questions and answers
Which lenders make the most SBA loans in Shelby County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (15), The Huntington National Bank (6), West Central Partnership, Inc. (2), United Midwest Savings Bank National Association (2), Northeast Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Shelby County?
The median 7(a) approval was $99K and the median 504 approval $995K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Shelby County?
Restaurants and Other Eating Places (5); Other Miscellaneous Manufacturing (3); Other Amusement and Recreation Industries (3); Offices of Other Health Practitioners (3); Traveler Accommodation (2).
Is SBA lending in Shelby County rising?
Approvals in the three latest complete fiscal years total 25, against 22 in the three before: rising (+14%).
How does Shelby County compare with the rest of Ohio?
40.4 approvals per 1,000 establishments against 72.3 statewide, and 40 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