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County47th of 88 in Ohio by approvalsFIPS 39171
SBA loans in Williams 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 54 loans to businesses in Williams County, Ohio, in FY2021 to FY2025, worth $24.3M: 53 under 7(a) and 1 under 504.
That is 67.3 approvals per 1,000 business establishments (802 establishments in 2023), close to the Ohio figure of 72.3 and above the national 41.0.
It ranks 47th of 88 Ohio counties with approvals. In FY2025 there were 5, down 50% on FY2024.
10 lenders had approvals here; the most active were The Huntington National Bank (34), WesBanco Bank, Inc. (4) and Telhio Credit Union Inc (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 Williams 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 | 34 | $11.8M | 63.0% | |
| 2 | WesBanco Bank, Inc.Wheeling, WV | 4 | $5.5M | 7.4% | |
| 3 | Telhio Credit Union IncColumbus, OH | 4 | $1.2M | 7.4% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 3 | $3.3M | 5.6% | |
| 5 | The State Bank and Trust CompanyDefiance, OH | 3 | $1.1M | 5.6% | |
| 6 | The First National Bank BellevueBellevue, OH | 2 | — | 3.7% | |
| 7 | Northwest Ohio Development Assistance CorporationToledo, OH · CDC | 1 | — | 1.9% | |
| 8 | KeyBank National AssociationCleveland, OH | 1 | — | 1.9% | |
| 9 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 1.9% | |
| 10 | Northeast BankLewiston, ME | 1 | — | 1.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 8 | 14.8% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 11.1% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 5 | 9.3% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 7.4% | |
| 5 | Plastics Product ManufacturingNAICS 3261 | 3 | 5.6% | |
| 6 | Household and Institutional Furniture and Kitchen Cabinet ManufacturingNAICS 3371 | 3 | 5.6% | |
| 7 | Building Material and Supplies DealersNAICS 4441 | 3 | 5.6% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 3 | 5.6% | |
| 9 | Warehousing and StorageNAICS 4931 | 3 | 5.6% | |
| 10 | Machine Shops; Turned Product; and Screw, Nut, and Bolt ManufacturingNAICS 3327 | 2 | 3.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Transportation and Warehousing | 12 | 22.2% | |
| 2 | Manufacturing | 9 | 16.7% | |
| 3 | Other Services (except Public Administration) | 9 | 16.7% | |
| 4 | Construction | 9 | 16.7% | |
| 5 | Accommodation and Food Services | 6 | 11.1% | |
| 6 | Retail Trade | 4 | 7.4% | |
| 7 | Arts, Entertainment, and Recreation | 2 | 3.7% | |
| 8 | Information | 1 | 1.9% |
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* | 0 | — | — | 1 | — | 1 | 10 |
| FY2025 | 5 | $492K | $95K | 0 | — | 5 | 7 |
| FY2024 | 10 | $2.2M | $132K | 0 | — | 10 | 132 |
| FY2023 | 9 | $1.2M | $85K | 0 | — | 9 | 33 |
| FY2022 | 22 | $11.1M | $148K | 1 | — | 23 | 133 |
| FY2021 | 7 | $9.0M | $350K | 0 | — | 7 | 94 |
| FY2020 | 8 | $320K | $37K | 1 | — | 9 | 63 |
| FY2019 | 14 | $947K | $49K | 0 | — | 14 | 33 |
| FY2018 | 16 | $2.4M | $57K | 0 | — | 16 | 221 |
| FY2017 | 12 | $920K | $53K | 0 | — | 12 | 87 |
| FY2016 | 19 | $4.1M | $50K | 0 | — | 19 | 81 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 70 approvals.
Against Ohio and the country
| FY2021–FY2025 | Williams County | Ohio | United States |
|---|---|---|---|
| Approvals | 54 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 67.3 | 72.3 | 41.0 |
| Median 7(a) approval | $114K | $99K | $190K |
| Median 504 approval | — | $496K | $657K |
| Average approval | $451K | $336K | $573K |
| 504 share of approvals | 1.9% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 7.4 | 8.1 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less38.9%21
- $50,001 to $150,00016.7%9
- $150,001 to $350,00022.2%12
- $350,001 to $1 million13.0%7
- Over $2 million9.3%5
Age of the businesses
- Existing, more than 2 years old64.8%35
- New business, 2 years or less11.1%6
- Startup, loan funds will open the business13.0%7
- Change of ownership11.1%6
Questions and answers
Which lenders make the most SBA loans in Williams County?
By approvals in FY2021 to FY2025: The Huntington National Bank (34), WesBanco Bank, Inc. (4), Telhio Credit Union Inc (4), Live Oak Banking Company (3), The State Bank and Trust Company (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Williams County?
The median 7(a) approval was $114K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Williams County?
General Freight Trucking (8); Automotive Repair and Maintenance (6); Restaurants and Other Eating Places (5); Other Specialty Trade Contractors (4); Plastics Product Manufacturing (3).
Is SBA lending in Williams County rising?
Approvals in the three latest complete fiscal years total 24, against 39 in the three before: falling (-38%).
How does Williams County compare with the rest of Ohio?
67.3 approvals per 1,000 establishments against 72.3 statewide, and 54 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