Lenders › Telhio Credit Union Inc
7(a) lenderColumbus, Ohiocredit union99th of 2,184 by approvals
Telhio Credit Union Inc
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.
Telhio Credit Union Inc, based in Columbus, Ohio, is a credit union in the SBA 7(a) program. SBA approved 385 of its 7(a) loans worth $113M in FY2021 to FY2025, which places it 99th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 44 approvals totalling $12.0M, down 65% on FY2024 (124). FY2026 to 30 Jun 2026 adds 22 more.
The median approval was $150K, against $190K for the 7(a) program as a whole; 52.5% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 4 states and territories and 34 counties, led by Ohio (97.7%), Kentucky (1.0%) and Florida (0.8%). The largest industry group was accommodation and food services at 14.3% of approvals, and 10.1% of approvals were to franchise businesses.
Of 342 disbursed loans approved in FY2010 to FY2021, SBA records 14 as charged off (4.1%), 244 as paid in full and 84 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* | 22 | $6.0M | $150K | $270K | 206 |
| FY2025 | 44 | $12.0M | $110K | $272K | 665 |
| FY2024 | 124 | $28.8M | $106K | $232K | 1,747 |
| FY2023 | 81 | $21.4M | $169K | $264K | 911 |
| FY2022 | 55 | $18.9M | $163K | $343K | 888 |
| FY2021 | 81 | $32.1M | $248K | $396K | 1,133 |
| FY2020 | 38 | $11.9M | $150K | $313K | 282 |
| FY2019 | 32 | $8.1M | $68K | $253K | 331 |
| FY2018 | 35 | $7.1M | $100K | $202K | 250 |
| FY2017 | 44 | $7.6M | $67K | $173K | 429 |
| FY2016 | 43 | $4.4M | $60K | $102K | 389 |
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 192 approvals. First approval on file: FY2011.
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 | 395 | 36,740 | 639,905 |
| Cancelled or never disbursed | 53 | 5,259 | 79,313 |
| Disbursed loans | 342 | 31,481 | 560,592 |
| Paid in full | 244 | 25,599 | 435,813 |
| Charged off | 14 | 1,791 | 36,891 |
| Still outstanding (status exempt from disclosure) | 84 | 4,091 | 87,888 |
| Charged off, share of disbursed loans | 4.1% | 5.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.0% | 2.7% | 2.5% |
| Dollars charged off | $692K | $213M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 62 | 20 | 0 | 0.0% | 2.8% |
| FY2020 | 35 | 15 | 0 | 0.0% | 4.0% |
| FY2019 | 28 | 24 | 0 | — | 6.7% |
| FY2018 | 34 | 25 | 2 | 5.9% | 7.9% |
| FY2017 | 38 | 29 | 2 | 5.3% | 7.7% |
| FY2016 | 39 | 31 | 6 | 15.4% | 7.2% |
| FY2015 | 25 | 23 | 2 | — | 6.9% |
| FY2014 | 26 | 24 | 1 | — | 6.4% |
| FY2013 | 31 | 29 | 1 | 3.2% | 6.0% |
| FY2012 | 23 | 23 | 0 | — | 6.3% |
| FY2011 | 1 | 1 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 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 | $150K | $190K |
| Average approval | $294K | $518K |
| Approvals of $150,000 or less | 52.5% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 41.6% | 34.3% |
| Approvals to franchise businesses | 10.1% | 11.5% |
| Jobs supported per approval, as reported | 13.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 4.1% | 6.6% |
States served
| # | State of the business (4 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Ohio | 376 | $105M | 97.7% | |
| 2 | Kentucky | 4 | $5.0M | 1.0% | |
| 3 | Florida | 3 | $3.2M | 0.8% | |
| 4 | North Carolina | 2 | — | 0.5% |
In Ohio the lender accounts for 2.1% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (34 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Franklin County, OH | 200 | $56.4M | 51.9% | |
| 2 | Butler County, OH | 37 | $6.9M | 9.6% | |
| 3 | Fairfield County, OH | 19 | $4.7M | 4.9% | |
| 4 | Delaware County, OH | 16 | $4.6M | 4.2% | |
| 5 | Hamilton County, OH | 15 | $4.1M | 3.9% | |
| 6 | Licking County, OH | 15 | $3.7M | 3.9% | |
| 7 | Warren County, OH | 11 | $1.8M | 2.9% | |
| 8 | Montgomery County, OH | 9 | $1.6M | 2.3% | |
| 9 | Union County, OH | 8 | $1.8M | 2.1% | |
| 10 | Boone County, KY | 4 | $5.0M | 1.0% | |
| 11 | Williams County, OH | 4 | $1.2M | 1.0% | |
| 12 | Summit County, OH | 4 | $922K | 1.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 55 | 14.3% | |
| 2 | Health Care and Social Assistance | 42 | 10.9% | |
| 3 | Transportation and Warehousing | 40 | 10.4% | |
| 4 | Construction | 38 | 9.9% | |
| 5 | Real Estate and Rental and Leasing | 33 | 8.6% | |
| 6 | Other Services (except Public Administration) | 31 | 8.1% | |
| 7 | Manufacturing | 30 | 7.8% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 25 | 6.5% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 40 | 10.4% | |
| 2 | General Freight TruckingNAICS 4841 | 19 | 4.9% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 18 | 4.7% | |
| 4 | Lessors of Real EstateNAICS 5311 | 16 | 4.2% | |
| 5 | Child Day Care ServicesNAICS 6244 | 16 | 4.2% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 15 | 3.9% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 14 | 3.6% | |
| 8 | Personal Care ServicesNAICS 8121 | 11 | 2.9% | |
| 9 | Building Finishing ContractorsNAICS 2383 | 11 | 2.9% | |
| 10 | Building Equipment ContractorsNAICS 2382 | 10 | 2.6% |
Approval sizes
- $50,000 or less18.7%72
- $50,001 to $150,00033.8%130
- $150,001 to $350,00029.6%114
- $350,001 to $1 million13.2%51
- $1 million to $2 million3.1%12
- Over $2 million1.6%6
Loan terms
- 5 years or less2.6%10
- Over 5 to 10 years74.8%288
- Over 10 to 20 years8.8%34
- Over 20 years13.8%53
Age of the businesses
- Existing, more than 2 years old54.0%208
- New business, 2 years or less17.7%68
- Startup, loan funds will open the business23.9%92
- Change of ownership4.4%17
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 215 | 55.8% | |
| 2 | SBA Express Program | 120 | 31.2% | |
| 3 | 7a General | 47 | 12.2% | |
| 4 | International Trade Loans | 1 | 0.3% | |
| 5 | 7(a) WCP | 1 | 0.3% | |
| 6 | Export Express | 1 | 0.3% |
Franchise share
39 of 385 approvals in FY2021–FY2025 (10.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Playa Bowls | 6 | 1.6% | |
| 2 | Petland | 5 | 1.3% | |
| 3 | Kiddie Academy | 3 | 0.8% | |
| 4 | Tous Les Jours | 2 | 0.5% | |
| 5 | Teriyaki Madness | 2 | 0.5% | |
| 6 | The UPS Store | 2 | 0.5% | |
| 7 | Bahia Bowls | 2 | 0.5% | |
| 8 | Burn Boot Camp Fitness | 2 | 0.5% |
Questions and answers
How many SBA loans does Telhio Credit Union Inc make?
SBA approved 44 7(a) loans through Telhio Credit Union Inc in FY2025, worth $12.0M, and 385 over FY2021 to FY2025. That ranks 99th of 2,184 active 7(a) lenders by number of approvals.
How large are Telhio Credit Union Inc's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $150K and the average $294K. The program-wide median was $190K.
What is Telhio Credit Union Inc's charge-off rate?
Of 342 disbursed loans approved in FY2010 to FY2021, SBA records 14 as charged off (4.1%), 244 as paid in full and 84 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 Telhio Credit Union Inc lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (40); general freight trucking (19); services to buildings and dwellings (18); lessors of real estate (16).
Where does Telhio Credit Union Inc make SBA loans?
In 4 states and territories. Ohio 376, Kentucky 4, Florida 3, North Carolina 2. In Ohio it accounts for 2.1% of all 7(a) approvals.
Is Telhio Credit Union Inc's SBA lending rising?
Approvals in the three latest complete fiscal years total 249, against 174 in the three before: rising (+43%).
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