Lenders › RiverHills Bank
7(a) lenderMilford, OhioFDIC-insured bank400th of 2,184 by approvals
RiverHills 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.
In FY2021 to FY2025 SBA approved 73 7(a) loans, worth $46.8M, through RiverHills Bank of Milford, Ohio, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 400th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 8 approvals totalling $3.9M. FY2026 to 30 Jun 2026 adds 6 more.
The median approval was $285K, against $190K for the 7(a) program as a whole; 32.9% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 2 states and territories and 10 counties, led by Ohio (95.9%) and Kentucky (4.1%). The largest industry group was construction at 27.4% of approvals, and 6.8% of approvals were to franchise businesses.
Of 71 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (2.8%), 49 as paid in full and 20 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* | 6 | $11.3M | $1.8M | $1.9M | 71 |
| FY2025 | 8 | $3.9M | $367K | $486K | 29 |
| FY2024 | 9 | $2.1M | $185K | $235K | 195 |
| FY2023 | 15 | $11.1M | $283K | $740K | 342 |
| FY2022 | 15 | $10.9M | $284K | $724K | 212 |
| FY2021 | 26 | $18.8M | $625K | $724K | 381 |
| FY2020 | 1 | — | — | — | 5 |
| FY2019 | 1 | — | — | — | 4 |
| FY2018 | 2 | — | — | — | 17 |
| FY2017 | 2 | — | — | — | 7 |
| FY2016 | 3 | $400K | $150K | $133K | 12 |
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 9 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 | Ohio | 7(a) program |
|---|---|---|---|
| Approvals in these years | 81 | 36,740 | 639,905 |
| Cancelled or never disbursed | 10 | 5,259 | 79,313 |
| Disbursed loans | 71 | 31,481 | 560,592 |
| Paid in full | 49 | 25,599 | 435,813 |
| Charged off | 2 | 1,791 | 36,891 |
| Still outstanding (status exempt from disclosure) | 20 | 4,091 | 87,888 |
| Charged off, share of disbursed loans | 2.8% | 5.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.2% | 2.7% | 2.5% |
| Dollars charged off | $53K | $213M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 21 | 1 | 0 | — | 2.8% |
| FY2020 | 1 | 1 | 0 | — | 4.0% |
| FY2019 | 0 | 0 | 0 | — | 6.7% |
| FY2018 | 2 | 2 | 0 | — | 7.9% |
| FY2017 | 2 | 2 | 0 | — | 7.7% |
| FY2016 | 3 | 2 | 1 | — | 7.2% |
| FY2015 | 3 | 3 | 0 | — | 6.9% |
| FY2014 | 5 | 5 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 1 | 1 | 0 | — | 6.3% |
| FY2011 | 18 | 17 | 1 | — | 6.9% |
| FY2010 | 15 | 15 | 0 | — | 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 | $285K | $190K |
| Average approval | $641K | $518K |
| Approvals of $150,000 or less | 32.9% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 12.3% | 34.3% |
| Approvals to franchise businesses | 6.8% | 11.5% |
| Jobs supported per approval, as reported | 15.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 2.8% | 6.6% |
States served
| # | State of the business (2 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Ohio | 70 | $42.6M | 95.9% | |
| 2 | Kentucky | 3 | $4.2M | 4.1% |
In Ohio the lender accounts for 0.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (10 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Clermont County, OH | 35 | $16.5M | 47.9% | |
| 2 | Hamilton County, OH | 24 | $15.6M | 32.9% | |
| 3 | Butler County, OH | 5 | $4.7M | 6.8% | |
| 4 | Fayette County, KY | 2 | — | 2.7% | |
| 5 | Brown County, OH | 2 | — | 2.7% | |
| 6 | Montgomery County, OH | 1 | — | 1.4% | |
| 7 | Jefferson County, KY | 1 | — | 1.4% | |
| 8 | Warren County, OH | 1 | — | 1.4% | |
| 9 | Highland County, OH | 1 | — | 1.4% | |
| 10 | Franklin County, OH | 1 | — | 1.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 20 | 27.4% | |
| 2 | Retail Trade | 11 | 15.1% | |
| 3 | Transportation and Warehousing | 10 | 13.7% | |
| 4 | Manufacturing | 9 | 12.3% | |
| 5 | Other Services (except Public Administration) | 7 | 9.6% | |
| 6 | Professional, Scientific, and Technical Services | 5 | 6.8% | |
| 7 | Real Estate and Rental and Leasing | 3 | 4.1% | |
| 8 | Accommodation and Food Services | 2 | 2.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Specialty Trade ContractorsNAICS 2389 | 9 | 12.3% | |
| 2 | Support Activities for Road TransportationNAICS 4884 | 9 | 12.3% | |
| 3 | Gasoline StationsNAICS 4471 | 5 | 6.8% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 5.5% | |
| 5 | Lessors of Real EstateNAICS 5311 | 3 | 4.1% | |
| 6 | Residential Building ConstructionNAICS 2361 | 3 | 4.1% | |
| 7 | Printing and Related Support ActivitiesNAICS 3231 | 3 | 4.1% | |
| 8 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 3 | 4.1% | |
| 9 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 4.1% | |
| 10 | Building Equipment ContractorsNAICS 2382 | 3 | 4.1% |
Approval sizes
- $50,000 or less15.1%11
- $50,001 to $150,00017.8%13
- $150,001 to $350,00021.9%16
- $350,001 to $1 million24.7%18
- $1 million to $2 million13.7%10
- Over $2 million6.8%5
Loan terms
- 5 years or less11.0%8
- Over 5 to 10 years53.4%39
- Over 10 to 20 years6.8%5
- Over 20 years28.8%21
Age of the businesses
- Existing, more than 2 years old80.8%59
- New business, 2 years or less6.8%5
- Startup, loan funds will open the business5.5%4
- Change of ownership5.5%4
- Not answered1.4%1
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 57 | 78.1% | |
| 2 | Working Capital CAPLine | 7 | 9.6% | |
| 3 | SBA Express Program | 4 | 5.5% | |
| 4 | Export Express | 2 | 2.7% | |
| 5 | International Trade Loans | 1 | 1.4% | |
| 6 | Seasonal CAPLine | 1 | 1.4% |
Franchise share
5 of 73 approvals in FY2021–FY2025 (6.8%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Lykins Oil Company | 3 | 4.1% | |
| 2 | Dairy Queen of Mid Ohio Inc. | 1 | 1.4% | |
| 3 | DQ Grill & Chill Operating Agreement | 1 | 1.4% |
Questions and answers
How many SBA loans does RiverHills Bank make?
SBA approved 8 7(a) loans through RiverHills Bank in FY2025, worth $3.9M, and 73 over FY2021 to FY2025. That ranks 400th of 2,184 active 7(a) lenders by number of approvals.
How large are RiverHills Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $285K and the average $641K. The program-wide median was $190K.
What is RiverHills Bank's charge-off rate?
Of 71 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (2.8%), 49 as paid in full and 20 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 RiverHills Bank lend to most?
By number of approvals in FY2021 to FY2025: other specialty trade contractors (9); support activities for road transportation (9); gasoline stations (5); automotive repair and maintenance (4).
Where does RiverHills Bank make SBA loans?
In 2 states and territories. Ohio 70, Kentucky 3. In Ohio it accounts for 0.4% of all 7(a) approvals.
Is RiverHills Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 32, against 42 in the three before: falling (-24%).
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