SBA Ledger

States › Ohio

State5.4% of US approvals248 lenders active

SBA loans in Ohio

7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.

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 18,439 small business loans in Ohio in FY2021 to FY2025: 17,650 under the 7(a) program and 789 under 504, worth $6.20bn together.

That is 72.3 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 5.4% of all approvals in the country (5th of 54 states and territories).

In FY2025 there were 3,466 approvals totalling $1.37bn, down 13% on FY2024. The median 7(a) approval over the five years was $99K and the median 504 approval $496K.

248 lenders had at least one approval in the state; by number of 7(a) approvals the most active were The Huntington National Bank (10,801), KeyBank National Association (665) and U.S. Bank, National Association (657).

Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 5.7% as charged off, against 6.6% nationally.

3,466approvals, FY202518,439 in FY2021–FY2025
$1.37bnapproved, FY2025$6.20bn in FY2021–FY2025
72.3approvals per 1,000 establishments, FY2021–FY2025US: 41.0
$99Kmedian 7(a) approvalUS: $190K
5.7%7(a) loans approved FY2010–FY2021 charged offUS: 6.6%

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.

Most active 7(a) lenders in Ohio

Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.

#LenderApprovals in OH, FY2021–25DollarsShareMedian approval, all statesFY2016–26Charged off, FY2010–21 loans
1The Huntington National BankColumbus, OH10,801$1.75bn61.2%$92K5.7%
2KeyBank National AssociationCleveland, OH665$263M3.8%$75K4.3%
3U.S. Bank, National AssociationCincinnati, OH657$135M3.7%$45K6.2%
4Telhio Credit Union IncColumbus, OH376$105M2.1%$150K4.1%
5First Commonwealth BankIndiana, PA305$223M1.7%$420K3.9%
6Live Oak Banking CompanyWilmington, NC229$319M1.3%$850K2.2%
7Northeast BankLewiston, ME221$29.7M1.3%$106K12.8%
8PNC Bank, National AssociationWilmington, DE218$54.3M1.2%$50K8.1%
9BayFirst National BankSaint Petersburg, FL193$35.4M1.1%$150K19.2%
10Fifth Third BankCincinnati, OH187$99.1M1.1%$200K5.5%
11Readycap Lending, LLCBerkeley Heights, NJ183$86.7M1.0%$138K4.3%
12Newtek Bank, National AssociationMiami, FL174$85.3M1.0%$225K—
13United Midwest Savings Bank National AssociationDe Graff, OH160$85.7M0.9%$150K15.9%
14WesBanco Bank, Inc.Wheeling, WV156$104M0.9%$278K4.6%
15Peoples BankMarietta, OH156$64.2M0.9%$250K3.8%
16The Community BankZanesville, OH154$13.0M0.9%$54K2.3%
17JPMorgan Chase Bank, National AssociationColumbus, OH150$34.1M0.8%$200K7.4%
18First Financial BankCincinnati, OH135$70.0M0.8%$300K3.4%
19Northwest BankWarren, PA132$62.0M0.7%$150K1.8%
20Consumers National BankMinerva, OH129$37.7M0.7%$137K1.0%
21Celtic Bank CorporationSalt Lake City, UT102$94.5M0.6%$150K17.0%
22German American BankJasper, IN90$33.1M0.5%$200K1.0%
23Newtek Small Business Finance, Inc.Lake Success, NY79$46.5M0.4%$300K6.8%
24Growth Capital Corp.Cleveland, OH79$12.9M0.4%$150K11.4%
25Economic and Community Development InstituteColumbus, OH75$13.4M0.4%$173K0.0%
26RiverHills BankMilford, OH70$42.6M0.4%$285K2.8%
27GBankLas Vegas, NV55$156M0.3%$2.2M1.7%
28Buckeye State BankPowell, OH54$23.4M0.3%$266K6.9%
29The Park National BankNewark, OH52$24.7M0.3%$270K2.0%
30CFBank National AssociationColumbus, OH48$71.1M0.3%$1.2M2.3%
31Lendistry SBLC, LLCLos Angeles, CA48$14.5M0.3%$150K22.7%
32Byline BankChicago, IL46$57.7M0.3%$806K9.5%
33First Federal Savings and Loan Association of LakewoodLakewood, OH45$17.6M0.3%$250K—
34Shoreham BankWarwick, RI44$119M0.2%$1.4M2.2%
35First National Bank of PennsylvaniaGreenville, PA39$39.6M0.2%$621K9.2%
36The State Bank and Trust CompanyDefiance, OH36$16.6M0.2%$300K0.6%
37Valley Economic Development Partners, Inc.Youngstown, OH35$6.3M0.2%$150K—
38First Internet Bank of IndianaFishers, IN33$34.3M0.2%$895K5.3%
39Stock Yards Bank & Trust CompanyLouisville, KY33$21.5M0.2%$337K6.2%
40Sutton BankAttica, OH32$8.9M0.2%$240K3.1%

504 certified development companies

#LenderApprovals in OH, FY2021–25DollarsShareMedian approval, all statesFY2016–26Charged off, FY2010–21 loans
1Community Capital Development CorporationDublin, OH · 504 CDC158$96.3M20.0%$415K3.0%
2Alloy Development Co., Inc.Cincinnati, OH · 504 CDC153$179M19.4%$672K1.1%
3Ohio Statewide Development CorporationColumbus, OH · 504 CDC144$94.0M18.3%$453K0.3%
4Growth Capital Corp.Cleveland, OH · 504 CDC134$115M17.0%$516K1.2%
5Cascade Capital CorporationAkron, OH · 504 CDC71$73.1M9.0%$737K2.0%
6Valley Economic Development Partners, Inc.Youngstown, OH · 504 CDC37$12.8M4.7%$279K1.1%
7West Central Partnership, Inc.Perrysburg, OH · 504 CDC27$28.0M3.4%$709K1.1%
8Northwest Ohio Development Assistance CorporationToledo, OH · 504 CDC27$18.1M3.4%$386K3.4%
9Citywide Small Business Development CorporationDayton, OH · 504 CDC23$15.3M2.9%$273K2.2%
10Mentor Economic Assistance CorporationMentor, OH · 504 CDC4$4.3M0.5%$262K—
11Michigan Certified Development CorporationEast Lansing, MI · 504 CDC3$3.8M0.4%$583K0.8%
12Great Lakes Commercial FinanceGrandville, MI · 504 CDC2—0.3%$515K1.4%

Fiscal-year ledger

Fiscal year7(a) approvals7(a) dollarsMedian 7(a)504 approvals504 dollarsAll approvalsJobs supported, as reported
FY2026*1,488$757M$150K89$114M1,57715,244
FY20253,339$1.25bn$116K127$116M3,46630,715
FY20243,843$1.07bn$86K122$125M3,96530,043
FY20233,661$1.01bn$75K100$99.2M3,76129,201
FY20223,537$1.04bn$80K207$164M3,74426,836
FY20213,270$1.17bn$100K233$143M3,50333,060
FY20202,561$792M$75K151$90.4M2,71225,733
FY20192,863$846M$75K170$116M3,03327,976
FY20183,422$926M$75K178$116M3,60032,696
FY20173,319$924M$72K144$79.9M3,46330,503
FY20163,460$878M$56K149$92.6M3,60931,764

7(a) approvals504 approvals

919293949596979899000102030405060708091011121314151617181920212223242526
SBA approvals in Ohio by fiscal year, FY1991 to FY2026.

Counties

Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.

#CountyApprovalsDollarsEstablishmentsPer 1,000 establishmentsBy fiscal year
1Franklin County2,591$881M30,70084.4
2Cuyahoga County2,217$745M31,49670.4
3Hamilton County1,324$558M21,08762.8
4Summit County1,195$401M13,30989.8
5Stark County751$211M8,18191.8
6Montgomery County631$282M10,93057.7
7Lucas County619$193M9,28266.7
8Lorain County560$147M5,66498.9
9Delaware County553$190M5,365103.1
10Butler County525$208M7,53769.7
11Lake County485$148M5,50488.1
12Medina County438$109M4,127106.1
13Mahoning County405$133M5,39175.1
14Warren County387$147M4,82680.2
15Licking County356$110M3,277108.6
16Clermont County339$149M3,77389.8
17Trumbull County331$71.3M3,80087.1
18Portage County300$94.8M3,05198.3
19Wood County251$78.1M2,86287.7
20Geauga County249$59.1M2,81688.4
21Fairfield County241$88.1M2,84684.7
22Ashtabula County210$34.0M1,843113.9
23Muskingum County192$33.7M1,737110.5
24Columbiana County192$41.5M1,907100.7
25Miami County169$73.4M2,17677.7
26Wayne County164$28.7M2,58363.5
27Greene County156$79.4M3,26647.8
28Tuscarawas County155$51.7M2,09873.9
29Madison County129$41.9M723178.4
30Richland County123$44.5M2,61647.0
31Clark County101$53.4M2,19646.0
32Hancock County97$40.0M1,69157.4
33Union County96$46.4M1,24077.4
34Jefferson County96$21.0M1,16382.5
35Belmont County89$24.2M1,37964.5
36Erie County85$32.9M1,80247.2
37Allen County73$21.2M2,23932.6
38Ottawa County73$19.0M1,02671.2
39Ashland County71$12.7M1,02169.5
40Pickaway County69$19.8M85680.6
41Guernsey County67$16.8M82880.9
42Defiance County60$27.0M81373.8
43Sandusky County59$19.9M1,25047.2
44Fulton County58$14.0M92462.8
45Logan County57$13.9M87265.4
46Seneca County55$14.3M1,05352.2
47Williams County54$24.3M80267.3
48Ross County52$11.1M1,24541.8
49Huron County50$18.2M1,10545.2
50Washington County49$21.8M1,37835.6
51Carroll County49$5.3M464105.6
52Marion County44$8.8M1,05141.9
53Shelby County40$16.2M98940.4
54Knox County38$13.8M1,12133.9
55Holmes County36$11.4M1,41325.5
56Clinton County34$17.9M71247.8
57Henry County33$10.7M55759.2
58Brown County30$13.6M56153.5
59Perry County29$9.9M45563.7
60Preble County28$14.3M67141.7
61Crawford County28$4.7M77935.9
62Putnam County27$14.8M73436.8
63Fayette County27$17.2M59445.5
64Scioto County25$10.4M1,24020.2
65Auglaize County24$8.1M99224.2
66Wyandot County24$15.7M50247.8
67Athens County24$10.6M1,03023.3
68Morrow County24$1.4M45652.6
69Champaign County23$4.4M56640.6
70Hardin County22$4.2M42152.3
71Lawrence County21$16.1M77427.1
72Mercer County19$7.1M1,05018.1
73Highland County18$3.4M73324.6
74Coshocton County17$5.4M61827.5
75Harrison County16$2.5M25463.0
76Adams County16$5.8M42138.0
77Hocking County13$7.1M50125.9
78Van Wert County13$8.6M52224.9
79Darke County11$3.6M1,1179.8
80Noble County7$2.6M22631.0
81Morgan County6$1.3M16835.7
82Pike County5$4.3M42311.8
83Jackson County5$9.6M5968.4
84Gallia County4$1.8M5727.0
85Vinton County4$566K14228.2
86Paulding County3$40K3099.7
87Meigs County2—3006.7
88Monroe County1—2444.1

Industries

#Industry group (NAICS 4-digit)ApprovalsDollarsShare
1General Freight TruckingNAICS 48411,620$197M8.8%
2Restaurants and Other Eating PlacesNAICS 72251,512$440M8.2%
3Services to Buildings and DwellingsNAICS 5617750$130M4.1%
4Residential Building ConstructionNAICS 2361674$101M3.7%
5Other Specialty Trade ContractorsNAICS 2389650$146M3.5%
6Personal Care ServicesNAICS 8121609$99.2M3.3%
7Building Equipment ContractorsNAICS 2382573$152M3.1%
8Automotive Repair and MaintenanceNAICS 8111541$196M2.9%
9Other Amusement and Recreation IndustriesNAICS 7139486$175M2.6%
10Offices of Other Health PractitionersNAICS 6213411$87.2M2.2%
11Foundation, Structure, and Building Exterior ContractorsNAICS 2381406$84.8M2.2%
12Building Finishing ContractorsNAICS 2383394$71.2M2.1%
13Management, Scientific, and Technical Consulting ServicesNAICS 5416294$66.3M1.6%
14Other Personal ServicesNAICS 8129286$61.8M1.6%
15Home Health Care ServicesNAICS 6216285$71.4M1.5%

Sectors

#NAICS sectorApprovalsShare
1Construction2,92215.8%
2Transportation and Warehousing2,24112.2%
3Accommodation and Food Services2,13311.6%
4Other Services (except Public Administration)1,7359.4%
5Retail Trade1,6839.1%
6Health Care and Social Assistance1,5598.5%
7Professional, Scientific, and Technical Services1,3817.5%
8Manufacturing1,3587.4%
9Administrative and Support and Waste Management and Remediation Services1,1096.0%
10Arts, Entertainment, and Recreation6203.4%

Franchise brands

#BrandApprovalsShare
1The UPS Store430.2%
2Biggby Coffee410.2%
3Subway340.2%
4Pulp Juice and Smoothie Bar270.1%
5Crumbl260.1%
6Visiting Angels200.1%
7Quality Inn170.1%
8Hammer & Nails Grooming For Guys160.1%
9Holiday Inn Express140.1%
10Super 8 by Wyndhan140.1%

How earlier loans turned out

Ohio, 7(a)5.7%
United States, 7(a)6.6%
Ohio, 5041.5%
United States, 5041.2%
Share of disbursed loans approved FY2010–FY2021 that SBA records as charged off, by program.
Loans approved FY2010–FY2021OH 7(a)US 7(a)OH 504US 504
Approvals in these years36,740639,9052,37485,591
Cancelled or never disbursed5,25979,31331312,514
Disbursed loans31,481560,5922,06173,077
Paid in full25,599435,81398335,491
Charged off1,79136,89131905
Still outstanding (status exempt from disclosure)4,09187,8881,04736,681
Charged off, share of disbursed loans5.7%6.6%1.5%1.2%
Dollars charged off, share of disbursed dollars2.7%2.5%1.4%0.9%
Dollars charged off$213M$5.70bn$15.6M$499M

Approval sizes

Age of the businesses

Against the country

FY2021–FY2025OhioUnited States
Approvals per 1,000 establishments72.341.0
Median 7(a) approval$99K$190K
Median 504 approval$496K$657K
504 share of approvals4.3%11.0%
Jobs supported per approval, as reported8.110.5
Approvals, change on FY2016–FY202012%10%

Questions and answers

Which lenders make the most SBA loans in Ohio?

By 7(a) approvals in FY2021 to FY2025: The Huntington National Bank (10,801), KeyBank National Association (665), U.S. Bank, National Association (657), Telhio Credit Union Inc (376), First Commonwealth Bank (305). For 504 loans: Community Capital Development Corporation (158), Alloy Development Co., Inc. (153), Ohio Statewide Development Corporation (144). Volume says how active a lender is, nothing about terms or service.

How large are typical SBA loans in Ohio?

The median 7(a) approval was $99K and the median 504 approval $496K; the average across both programs was $336K.

Which industries get the most SBA loans in Ohio?

General Freight Trucking (1,620); Restaurants and Other Eating Places (1,512); Services to Buildings and Dwellings (750); Residential Building Construction (674); Other Specialty Trade Contractors (650).

Which Ohio counties receive the most SBA loans?

Franklin County (2,591), Cuyahoga County (2,217), Hamilton County (1,324), Summit County (1,195), Stark County (751), by approvals in FY2021 to FY2025.

Is SBA lending in Ohio rising?

Approvals in the three latest complete fiscal years total 11,192, against 9,959 in the three before: rising (+12%).

What share of SBA loans in Ohio are charged off?

Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 5.7% are recorded as charged off (national: 6.6%); for 504 loans the figure is 1.5% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.

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