Lenders › The State Bank and Trust Company
7(a) lenderDefiance, OhioFDIC-insured bank466th of 2,184 by approvals
The State Bank and Trust Company
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 57 7(a) loans, worth $27.9M, through The State Bank and Trust Company of Defiance, Ohio, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 466th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 4 approvals totalling $4.2M, down 75% on FY2024 (16). FY2026 to 30 Jun 2026 adds 9 more.
The median approval was $300K, against $190K for the 7(a) program as a whole; 24.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 3 states and territories and 16 counties, led by Ohio (63.2%), Indiana (31.6%) and Michigan (5.3%). The largest industry group was accommodation and food services at 28.1% of approvals, and 21.1% of approvals were to franchise businesses.
Of 157 disbursed loans approved in FY2010 to FY2021, SBA records 1 as charged off (0.6%), 129 as paid in full and 27 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* | 9 | $5.6M | $559K | $626K | 88 |
| FY2025 | 4 | $4.2M | $410K | $1.0M | 49 |
| FY2024 | 16 | $6.5M | $393K | $408K | 214 |
| FY2023 | 16 | $7.9M | $302K | $497K | 208 |
| FY2022 | 8 | $4.5M | $586K | $568K | 97 |
| FY2021 | 13 | $4.7M | $157K | $362K | 167 |
| FY2020 | 11 | $8.3M | $279K | $753K | 102 |
| FY2019 | 20 | $7.7M | $284K | $384K | 480 |
| FY2018 | 23 | $18.6M | $338K | $809K | 314 |
| FY2017 | 22 | $13.0M | $220K | $590K | 64 |
| FY2016 | 25 | $9.3M | $224K | $370K | 158 |
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 101 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 | 175 | 36,740 | 639,905 |
| Cancelled or never disbursed | 18 | 5,259 | 79,313 |
| Disbursed loans | 157 | 31,481 | 560,592 |
| Paid in full | 129 | 25,599 | 435,813 |
| Charged off | 1 | 1,791 | 36,891 |
| Still outstanding (status exempt from disclosure) | 27 | 4,091 | 87,888 |
| Charged off, share of disbursed loans | 0.6% | 5.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.3% | 2.7% | 2.5% |
| Dollars charged off | $246K | $213M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 9 | 1 | 0 | — | 2.8% |
| FY2020 | 10 | 8 | 0 | — | 4.0% |
| FY2019 | 19 | 12 | 0 | — | 6.7% |
| FY2018 | 21 | 17 | 0 | — | 7.9% |
| FY2017 | 20 | 18 | 0 | — | 7.7% |
| FY2016 | 24 | 21 | 1 | — | 7.2% |
| FY2015 | 27 | 26 | 0 | — | 6.9% |
| FY2014 | 10 | 10 | 0 | — | 6.4% |
| FY2013 | 8 | 8 | 0 | — | 6.0% |
| FY2012 | 4 | 4 | 0 | — | 6.3% |
| FY2011 | 3 | 2 | 0 | — | 6.9% |
| FY2010 | 2 | 2 | 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 | $300K | $190K |
| Average approval | $489K | $518K |
| Approvals of $150,000 or less | 24.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 33.3% | 34.3% |
| Approvals to franchise businesses | 21.1% | 11.5% |
| Jobs supported per approval, as reported | 12.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 0.6% | 6.6% |
States served
| # | State of the business (3 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Ohio | 36 | $16.6M | 63.2% | |
| 2 | Indiana | 18 | $10.9M | 31.6% | |
| 3 | Michigan | 3 | $341K | 5.3% |
In Ohio the lender accounts for 0.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (16 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Allen County, IN | 15 | $10.1M | 26.3% | |
| 2 | Wood County, OH | 8 | $2.8M | 14.0% | |
| 3 | Allen County, OH | 6 | $2.0M | 10.5% | |
| 4 | Franklin County, OH | 6 | $1.7M | 10.5% | |
| 5 | Lucas County, OH | 4 | $2.9M | 7.0% | |
| 6 | Defiance County, OH | 3 | $4.2M | 5.3% | |
| 7 | Williams County, OH | 3 | $1.1M | 5.3% | |
| 8 | Madison County, OH | 2 | — | 3.5% | |
| 9 | Logan County, OH | 2 | — | 3.5% | |
| 10 | Monroe County, MI | 2 | — | 3.5% | |
| 11 | Delaware County, OH | 1 | — | 1.8% | |
| 12 | DeKalb County, IN | 1 | — | 1.8% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 16 | 28.1% | |
| 2 | Construction | 9 | 15.8% | |
| 3 | Other Services (except Public Administration) | 8 | 14.0% | |
| 4 | Wholesale Trade | 6 | 10.5% | |
| 5 | Retail Trade | 5 | 8.8% | |
| 6 | Manufacturing | 4 | 7.0% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 3 | 5.3% | |
| 8 | Transportation and Warehousing | 2 | 3.5% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 16 | 28.1% | |
| 2 | Machinery, Equipment, and Supplies Merchant WholesalersNAICS 4238 | 4 | 7.0% | |
| 3 | Building Material and Supplies DealersNAICS 4441 | 4 | 7.0% | |
| 4 | Drycleaning and Laundry ServicesNAICS 8123 | 3 | 5.3% | |
| 5 | Other Personal ServicesNAICS 8129 | 3 | 5.3% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 3.5% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 2 | 3.5% | |
| 8 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 3.5% | |
| 9 | Services to Buildings and DwellingsNAICS 5617 | 2 | 3.5% | |
| 10 | General Freight TruckingNAICS 4841 | 2 | 3.5% |
Approval sizes
- $50,000 or less5.3%3
- $50,001 to $150,00019.3%11
- $150,001 to $350,00029.8%17
- $350,001 to $1 million33.3%19
- $1 million to $2 million7.0%4
- Over $2 million5.3%3
Loan terms
- Over 5 to 10 years71.9%41
- Over 10 to 20 years17.5%10
- Over 20 years10.5%6
Age of the businesses
- Existing, more than 2 years old36.8%21
- New business, 2 years or less3.5%2
- Startup, loan funds will open the business29.8%17
- Change of ownership29.8%17
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 37 | 64.9% | |
| 2 | SBA Express Program | 10 | 17.5% | |
| 3 | 7a General | 8 | 14.0% | |
| 4 | Working Capital CAPLine | 2 | 3.5% |
Franchise share
12 of 57 approvals in FY2021–FY2025 (21.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Smoothie King | 3 | 5.3% | |
| 2 | Ace Hardware | 2 | 3.5% | |
| 3 | Qdoba Restaurant Corporation | 2 | 3.5% | |
| 4 | Spenga | 1 | 1.8% | |
| 5 | Grain and Berry Cafe | 1 | 1.8% | |
| 6 | Auntie Anne's | 1 | 1.8% | |
| 7 | Wings Over | 1 | 1.8% | |
| 8 | Real Property Management | 1 | 1.8% |
Questions and answers
How many SBA loans does The State Bank and Trust Company make?
SBA approved 4 7(a) loans through The State Bank and Trust Company in FY2025, worth $4.2M, and 57 over FY2021 to FY2025. That ranks 466th of 2,184 active 7(a) lenders by number of approvals.
How large are The State Bank and Trust Company's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $300K and the average $489K. The program-wide median was $190K.
What is The State Bank and Trust Company's charge-off rate?
Of 157 disbursed loans approved in FY2010 to FY2021, SBA records 1 as charged off (0.6%), 129 as paid in full and 27 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 The State Bank and Trust Company lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (16); machinery, equipment, and supplies merchant wholesalers (4); building material and supplies dealers (4); drycleaning and laundry services (3).
Where does The State Bank and Trust Company make SBA loans?
In 3 states and territories. Ohio 36, Indiana 18, Michigan 3. In Ohio it accounts for 0.2% of all 7(a) approvals.
Is The State Bank and Trust Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 36, against 32 in the three before: rising (+13%).
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