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County50th of 88 in Ohio by approvalsFIPS 39167
SBA loans in Washington 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 49 loans to businesses in Washington County, Ohio, in FY2021 to FY2025, worth $21.8M: 45 under 7(a) and 4 under 504.
That is 35.6 approvals per 1,000 business establishments (1,378 establishments in 2023), below the Ohio figure of 72.3 and close to the national 41.0.
It ranks 50th of 88 Ohio counties with approvals. In FY2025 there were 7, down 50% on FY2024.
10 lenders had approvals here; the most active were The Huntington National Bank (29), Peoples Bank (6) and First Internet Bank of Indiana (4). The most common industry was traveler accommodation.
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 Washington County
By number of approvals to businesses in the county, FY2021–FY2025; 10 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 29 | $5.1M | 59.2% | |
| 2 | Peoples BankMarietta, OH | 6 | $1.4M | 12.2% | |
| 3 | First Internet Bank of IndianaFishers, IN | 4 | $1.2M | 8.2% | |
| 4 | Alloy Development Co., Inc.Cincinnati, OH · CDC | 2 | — | 4.1% | |
| 5 | PromiseOne BankDuluth, GA | 2 | — | 4.1% | |
| 6 | Community Capital Development CorporationDublin, OH · CDC | 2 | — | 4.1% | |
| 7 | GBankLas Vegas, NV | 1 | — | 2.0% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 1 | — | 2.0% | |
| 9 | U.S. Bank, National AssociationCincinnati, OH | 1 | — | 2.0% | |
| 10 | Economic and Community Development InstituteColumbus, OH | 1 | — | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 5 | 10.2% | |
| 2 | Warehouse Clubs, Supercenters, and Other General Merchandise RetailersNAICS 4552 | 5 | 10.2% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 4 | 8.2% | |
| 4 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 3 | 6.1% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 6.1% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 2 | 4.1% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 2 | 4.1% | |
| 8 | Grocery StoresNAICS 4451 | 2 | 4.1% | |
| 9 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 4.1% | |
| 10 | Legal ServicesNAICS 5411 | 2 | 4.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 12 | 24.5% | |
| 2 | Accommodation and Food Services | 7 | 14.3% | |
| 3 | Health Care and Social Assistance | 5 | 10.2% | |
| 4 | Other Services (except Public Administration) | 5 | 10.2% | |
| 5 | Construction | 4 | 8.2% | |
| 6 | Finance and Insurance | 3 | 6.1% | |
| 7 | Professional, Scientific, and Technical Services | 3 | 6.1% | |
| 8 | Transportation and Warehousing | 3 | 6.1% |
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 | $4.5M | $91K | 0 | — | 6 | 57 |
| FY2025 | 7 | $2.0M | $338K | 0 | — | 7 | 39 |
| FY2024 | 14 | $2.6M | $99K | 0 | — | 14 | 63 |
| FY2023 | 7 | $1.4M | $115K | 0 | — | 7 | 65 |
| FY2022 | 4 | $5.6M | $295K | 4 | $4.9M | 8 | 56 |
| FY2021 | 13 | $5.1M | $111K | 0 | — | 13 | 158 |
| FY2020 | 3 | $395K | $75K | 0 | — | 3 | 44 |
| FY2019 | 10 | $2.4M | $88K | 0 | — | 10 | 98 |
| FY2018 | 14 | $4.4M | $43K | 0 | — | 14 | 133 |
| FY2017 | 1 | — | — | 1 | — | 2 | 14 |
| FY2016 | 6 | $3.4M | $247K | 0 | — | 6 | 113 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 35 approvals.
Against Ohio and the country
| FY2021–FY2025 | Washington County | Ohio | United States |
|---|---|---|---|
| Approvals | 49 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 35.6 | 72.3 | 41.0 |
| Median 7(a) approval | $111K | $99K | $190K |
| Median 504 approval | $1.0M | $496K | $657K |
| Average approval | $445K | $336K | $573K |
| 504 share of approvals | 8.2% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 7.8 | 8.1 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less28.6%14
- $50,001 to $150,00022.4%11
- $150,001 to $350,0008.2%4
- $350,001 to $1 million30.6%15
- $1 million to $2 million6.1%3
- Over $2 million4.1%2
Age of the businesses
- Existing, more than 2 years old44.9%22
- New business, 2 years or less28.6%14
- Startup, loan funds will open the business14.3%7
- Change of ownership12.2%6
Questions and answers
Which lenders make the most SBA loans in Washington County?
By approvals in FY2021 to FY2025: The Huntington National Bank (29), Peoples Bank (6), First Internet Bank of Indiana (4), Alloy Development Co., Inc. (2), PromiseOne Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Washington County?
The median 7(a) approval was $111K and the median 504 approval $1.0M; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Washington County?
Traveler Accommodation (5); Warehouse Clubs, Supercenters, and Other General Merchandise Retailers (5); Offices of Other Health Practitioners (4); Agencies, Brokerages, and Other Insurance Related Activities (3); Automotive Repair and Maintenance (3).
Is SBA lending in Washington County rising?
Approvals in the three latest complete fiscal years total 28, against 24 in the three before: rising (+17%).
How does Washington County compare with the rest of Ohio?
35.6 approvals per 1,000 establishments against 72.3 statewide, and 49 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