Lenders › Fifth Third Bank
7(a) lenderCincinnati, OhioFDIC-insured bank22nd of 2,184 by approvals
Fifth Third Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Fifth Third Bank (Cincinnati, Ohio) is an FDIC-insured bank in the SBA 7(a) program, 22nd of 2,184 by approvals in FY2021 to FY2025: 2,148 loans worth $1.21bn.
In FY2025, the latest complete fiscal year, it had 435 approvals totalling $282M, about level with FY2024 (428). FY2026 to 30 Jun 2026 adds 322 more.
The median approval was $200K, against $190K for the 7(a) program as a whole; 43.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 32 states and territories and 289 counties, led by Michigan (23.0%), Texas (20.5%) and California (16.0%). The largest industry group was construction at 14.4% of approvals, and 4.9% of approvals were to franchise businesses.
Of 4,930 disbursed loans approved in FY2010 to FY2021, SBA records 273 as charged off (5.5%), 3,889 as paid in full and 768 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 322 | $282M | $250K | $874K | 3,170 |
| FY2025 | 435 | $282M | $220K | $649K | 3,776 |
| FY2024 | 428 | $316M | $250K | $737K | 5,212 |
| FY2023 | 405 | $202M | $200K | $500K | 4,112 |
| FY2022 | 507 | $207M | $160K | $409K | 4,530 |
| FY2021 | 373 | $201M | $240K | $538K | 4,010 |
| FY2020 | 387 | $119M | $100K | $308K | 3,120 |
| FY2019 | 558 | $182M | $100K | $327K | 5,398 |
| FY2018 | 584 | $189M | $100K | $324K | 5,438 |
| FY2017 | 732 | $247M | $100K | $338K | 5,744 |
| FY2016 | 813 | $190M | $89K | $233K | 6,081 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 3,074 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Michigan | 7(a) program |
|---|---|---|---|
| Approvals in these years | 5,541 | 25,129 | 639,905 |
| Cancelled or never disbursed | 611 | 3,087 | 79,313 |
| Disbursed loans | 4,930 | 22,042 | 560,592 |
| Paid in full | 3,889 | 17,774 | 435,813 |
| Charged off | 273 | 1,035 | 36,891 |
| Still outstanding (status exempt from disclosure) | 768 | 3,233 | 87,888 |
| Charged off, share of disbursed loans | 5.5% | 4.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.9% | 2.0% | 2.5% |
| Dollars charged off | $36.3M | $136M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 307 | 124 | 4 | 1.3% | 2.8% |
| FY2020 | 341 | 178 | 23 | 6.7% | 4.0% |
| FY2019 | 523 | 313 | 41 | 7.8% | 6.7% |
| FY2018 | 523 | 374 | 47 | 9.0% | 7.9% |
| FY2017 | 662 | 562 | 41 | 6.2% | 7.7% |
| FY2016 | 730 | 662 | 29 | 4.0% | 7.2% |
| FY2015 | 535 | 486 | 28 | 5.2% | 6.9% |
| FY2014 | 281 | 250 | 13 | 4.6% | 6.4% |
| FY2013 | 227 | 213 | 3 | 1.3% | 6.0% |
| FY2012 | 172 | 152 | 10 | 5.8% | 6.3% |
| FY2011 | 333 | 304 | 17 | 5.1% | 6.9% |
| FY2010 | 296 | 271 | 17 | 5.7% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $200K | $190K |
| Average approval | $562K | $518K |
| Approvals of $150,000 or less | 43.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 21.6% | 34.3% |
| Approvals to franchise businesses | 4.9% | 11.5% |
| Jobs supported per approval, as reported | 10.1 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 5.5% | 6.6% |
States served
| # | State of the business (32 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Michigan | 494 | $292M | 23.0% | |
| 2 | Texas | 441 | $266M | 20.5% | |
| 3 | California | 344 | $96.2M | 16.0% | |
| 4 | Florida | 209 | $134M | 9.7% | |
| 5 | Ohio | 187 | $99.1M | 8.7% | |
| 6 | Illinois | 144 | $67.1M | 6.7% | |
| 7 | Indiana | 66 | $45.5M | 3.1% | |
| 8 | North Carolina | 59 | $32.3M | 2.7% | |
| 9 | Arizona | 52 | $21.7M | 2.4% | |
| 10 | Kentucky | 35 | $12.4M | 1.6% | |
| 11 | Tennessee | 21 | $12.0M | 1.0% | |
| 12 | Georgia | 18 | $9.9M | 0.8% |
In Michigan the lender accounts for 4.1% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (289 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Harris County, TX | 145 | $78.4M | 6.8% | |
| 2 | Los Angeles County, CA | 127 | $29.6M | 5.9% | |
| 3 | Macomb County, MI | 106 | $48.7M | 4.9% | |
| 4 | Oakland County, MI | 105 | $56.9M | 4.9% | |
| 5 | Wayne County, MI | 100 | $63.4M | 4.7% | |
| 6 | Cook County, IL | 100 | $43.4M | 4.7% | |
| 7 | Dallas County, TX | 78 | $46.0M | 3.6% | |
| 8 | San Diego County, CA | 63 | $21.7M | 2.9% | |
| 9 | Maricopa County, AZ | 49 | $19.2M | 2.3% | |
| 10 | Kent County, MI | 42 | $28.1M | 2.0% | |
| 11 | Collin County, TX | 41 | $23.2M | 1.9% | |
| 12 | Orange County, CA | 36 | $7.6M | 1.7% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 310 | 14.4% | |
| 2 | Retail Trade | 278 | 12.9% | |
| 3 | Professional, Scientific, and Technical Services | 258 | 12.0% | |
| 4 | Health Care and Social Assistance | 222 | 10.3% | |
| 5 | Accommodation and Food Services | 178 | 8.3% | |
| 6 | Other Services (except Public Administration) | 172 | 8.0% | |
| 7 | Manufacturing | 159 | 7.4% | |
| 8 | Wholesale Trade | 129 | 6.0% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 164 | 7.6% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 84 | 3.9% | |
| 3 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 81 | 3.8% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 68 | 3.2% | |
| 5 | General Freight TruckingNAICS 4841 | 65 | 3.0% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 59 | 2.7% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 58 | 2.7% | |
| 8 | Offices of DentistsNAICS 6212 | 52 | 2.4% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 48 | 2.2% | |
| 10 | Services to Buildings and DwellingsNAICS 5617 | 45 | 2.1% |
Approval sizes
- $50,000 or less14.5%311
- $50,001 to $150,00028.5%612
- $150,001 to $350,00024.1%518
- $350,001 to $1 million17.0%366
- $1 million to $2 million8.4%180
- Over $2 million7.5%161
Loan terms
- 5 years or less1.8%38
- Over 5 to 10 years80.3%1,724
- Over 10 to 20 years5.2%112
- Over 20 years12.8%274
Age of the businesses
- Existing, more than 2 years old70.8%1,520
- New business, 2 years or less11.0%237
- Startup, loan funds will open the business10.6%228
- Change of ownership7.4%160
- Not answered0.1%3
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 1,580 | 73.6% | |
| 2 | Preferred Lenders Program | 538 | 25.0% | |
| 3 | 7a General | 15 | 0.7% | |
| 4 | 7a with EWCP | 10 | 0.5% | |
| 5 | Working Capital CAPLine | 5 | 0.2% |
Franchise share
105 of 2,148 approvals in FY2021–FY2025 (4.9%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Crumbl | 6 | 0.3% | |
| 2 | Culver's ButterBurgers & Frozen Custard | 4 | 0.2% | |
| 3 | Little Caesars | 4 | 0.2% | |
| 4 | McDonalds | 3 | 0.1% | |
| 5 | Sea Tow Services | 3 | 0.1% | |
| 6 | Domino's Pizza | 3 | 0.1% | |
| 7 | Napa AutoCare Program Membership Agreement | 2 | 0.1% | |
| 8 | 1-800-Flowers.com | 2 | 0.1% |
Questions and answers
How many SBA loans does Fifth Third Bank make?
SBA approved 435 7(a) loans through Fifth Third Bank in FY2025, worth $282M, and 2,148 over FY2021 to FY2025. That ranks 22nd of 2,184 active 7(a) lenders by number of approvals.
How large are Fifth Third Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $200K and the average $562K. The program-wide median was $190K.
What is Fifth Third Bank's charge-off rate?
Of 4,930 disbursed loans approved in FY2010 to FY2021, SBA records 273 as charged off (5.5%), 3,889 as paid in full and 768 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Fifth Third Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (164); building equipment contractors (84); other professional, scientific, and technical services (81); offices of other health practitioners (68).
Where does Fifth Third Bank make SBA loans?
In 32 states and territories. Michigan 494, Texas 441, California 344, Florida 209, Ohio 187. In Michigan it accounts for 4.1% of all 7(a) approvals.
Is Fifth Third Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 1,268, against 1,267 in the three before: broadly level (0%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error