FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Ohio, FY2016
That fiscal year's approvals by lender and by county.
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 FY2016 (1 October 2015 to 30 September 2016) SBA approved 3,609 loans in Ohio: 3,460 under 7(a) and 149 under 504, worth $970M.
That is down 10% on FY2015, when there were 4,009 approvals worth $922M.
Ohio accounted for 5.2% of the 70,012 approvals nationwide that year. 117 lenders had at least one approval in the state; The Huntington National Bank had the most, 2,042.
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.
Approvals by lender
The 40 lenders with the most approvals to Ohio businesses in FY2016, of 117 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 2,042 | $339M | 56.6% | 2,384 | -342 |
| 2 | U.S. Bank, National Association | 7(a) | 244 | $83.3M | 6.8% | 266 | -22 |
| 3 | Fifth Third Bank | 7(a) | 92 | $22.3M | 2.5% | 75 | +17 |
| 4 | JPMorgan Chase Bank, National Association | 7(a) | 91 | $14.5M | 2.5% | 119 | -28 |
| 5 | KeyBank National Association | 7(a) | 80 | $29.1M | 2.2% | 89 | -9 |
| 6 | Citizens Bank, National Association | 7(a) | 58 | $5.9M | 1.6% | 39 | +19 |
| 7 | The Community Bank | 7(a) | 54 | $5.2M | 1.5% | 51 | +3 |
| 8 | Growth Capital Corp. | 7(a) | 53 | $4.6M | 1.5% | 41 | +12 |
| 9 | Celtic Bank Corporation | 7(a) | 50 | $15.4M | 1.4% | 63 | -13 |
| 10 | PNC Bank, National Association | 7(a) | 49 | $13.8M | 1.4% | 59 | -10 |
| 11 | First Financial Bank | 7(a) | 44 | $13.0M | 1.2% | 67 | -23 |
| 12 | Telhio Credit Union Inc | 7(a) | 43 | $4.4M | 1.2% | 31 | +12 |
| 13 | Live Oak Banking Company | 7(a) | 41 | $49.8M | 1.1% | 24 | +17 |
| 14 | Alloy Development Co., Inc. | 504 | 37 | $22.8M | 1.0% | 40 | -3 |
| 15 | Growth Capital Corp. | 504 | 29 | $21.9M | 0.8% | 42 | -13 |
| 16 | Stearns Bank National Association | 7(a) | 25 | $5.5M | 0.7% | 17 | +8 |
| 17 | Community Capital Development Corporation | 504 | 23 | $14.2M | 0.6% | 28 | -5 |
| 18 | Wells Fargo Bank National Association | 7(a) | 23 | $5.6M | 0.6% | 29 | -6 |
| 19 | Ohio Statewide Development Corporation | 504 | 22 | $8.7M | 0.6% | 24 | -2 |
| 20 | German American Bank | 7(a) | 21 | $8.5M | 0.6% | 42 | -21 |
| 21 | The State Bank and Trust Company | 7(a) | 21 | $7.4M | 0.6% | 20 | +1 |
| 22 | Byline Bank | 7(a) | 19 | $35.6M | 0.5% | 17 | +2 |
| 23 | Consumers National Bank | 7(a) | 19 | $4.6M | 0.5% | 17 | +2 |
| 24 | Newtek Small Business Finance, Inc. | 7(a) | 18 | $20.9M | 0.5% | 9 | +9 |
| 25 | United Midwest Savings Bank National Association | 7(a) | 17 | $17.4M | 0.5% | 2 | +15 |
| 26 | First Merchants Bank | 7(a) | 17 | $15.4M | 0.5% | 10 | +7 |
| 27 | The Farmers National Bank of Canfield | 7(a) | 16 | $5.5M | 0.4% | 14 | +2 |
| 28 | The Park National Bank | 7(a) | 16 | $1.2M | 0.4% | 10 | +6 |
| 29 | WesBanco Bank, Inc. | 7(a) | 14 | $12.2M | 0.4% | 31 | -17 |
| 30 | BayFirst National Bank | 7(a) | 14 | $3.3M | 0.4% | 4 | +10 |
| 31 | First Commonwealth Bank | 7(a) | 14 | $1.4M | 0.4% | 22 | -8 |
| 32 | 1st National Bank | 7(a) | 13 | $1.7M | 0.4% | 4 | +9 |
| 33 | West Central Development Corporation | 7(a) | 13 | $1.4M | 0.4% | 9 | +4 |
| 34 | CFBank National Association | 7(a) | 11 | $3.1M | 0.3% | 1 | +10 |
| 35 | The Commercial and Savings Bank of Millersburg, Ohio | 7(a) | 10 | $3.7M | 0.3% | 5 | +5 |
| 36 | Buckeye State Bank | 7(a) | 10 | $3.3M | 0.3% | 7 | +3 |
| 37 | Main Street Bank Corp | 7(a) | 9 | $1.9M | 0.2% | 3 | +6 |
| 38 | Cascade Capital Corporation | 504 | 8 | $6.5M | 0.2% | 8 | 0 |
| 39 | West Central Partnership, Inc. | 504 | 8 | $5.7M | 0.2% | 10 | -2 |
| 40 | Northwest Bank | 7(a) | 8 | $2.1M | 0.2% | 33 | -25 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Cuyahoga County | 556 | $134M | 15.4% | 577 | -21 |
| 2 | Franklin County | 505 | $140M | 14.0% | 579 | -74 |
| 3 | Hamilton County | 275 | $120M | 7.6% | 272 | +3 |
| 4 | Summit County | 194 | $48.7M | 5.4% | 223 | -29 |
| 5 | Montgomery County | 155 | $55.1M | 4.3% | 256 | -101 |
| 6 | Stark County | 122 | $22.2M | 3.4% | 161 | -39 |
| 7 | Lucas County | 114 | $22.1M | 3.2% | 92 | +22 |
| 8 | Lake County | 108 | $21.1M | 3.0% | 102 | +6 |
| 9 | Butler County | 100 | $36.4M | 2.8% | 120 | -20 |
| 10 | Lorain County | 94 | $18.2M | 2.6% | 94 | 0 |
| 11 | Delaware County | 93 | $22.9M | 2.6% | 112 | -19 |
| 12 | Mahoning County | 81 | $10.9M | 2.2% | 64 | +17 |
| 13 | Medina County | 77 | $22.8M | 2.1% | 67 | +10 |
| 14 | Portage County | 65 | $13.6M | 1.8% | 63 | +2 |
| 15 | Warren County | 58 | $29.1M | 1.6% | 74 | -16 |
| 16 | Licking County | 56 | $10.5M | 1.6% | 94 | -38 |
| 17 | Fairfield County | 48 | $13.7M | 1.3% | 50 | -2 |
| 18 | Trumbull County | 46 | $4.2M | 1.3% | 58 | -12 |
| 19 | Geauga County | 42 | $8.0M | 1.2% | 60 | -18 |
| 20 | Columbiana County | 40 | $11.3M | 1.1% | 52 | -12 |
| 21 | Clermont County | 39 | $10.8M | 1.1% | 66 | -27 |
| 22 | Ashtabula County | 39 | $8.0M | 1.1% | 31 | +8 |
| 23 | Greene County | 38 | $17.0M | 1.1% | 46 | -8 |
| 24 | Wood County | 35 | $8.4M | 1.0% | 60 | -25 |
| 25 | Wayne County | 34 | $5.0M | 0.9% | 28 | +6 |
| 26 | Miami County | 33 | $6.7M | 0.9% | 37 | -4 |
| 27 | Muskingum County | 32 | $2.7M | 0.9% | 31 | +1 |
| 28 | Ashland County | 28 | $4.9M | 0.8% | 8 | +20 |
| 29 | Hancock County | 23 | $5.6M | 0.6% | 42 | -19 |
| 30 | Allen County | 23 | $8.7M | 0.6% | 21 | +2 |
| 31 | Tuscarawas County | 23 | $2.1M | 0.6% | 21 | +2 |
| 32 | Madison County | 21 | $5.1M | 0.6% | 27 | -6 |
| 33 | Carroll County | 21 | $4.1M | 0.6% | 8 | +13 |
| 34 | Clark County | 20 | $7.2M | 0.6% | 21 | -1 |
| 35 | Logan County | 20 | $2.7M | 0.6% | 17 | +3 |
| 36 | Williams County | 19 | $4.1M | 0.5% | 17 | +2 |
| 37 | Ottawa County | 19 | $8.0M | 0.5% | 23 | -4 |
| 38 | Seneca County | 18 | $10.3M | 0.5% | 18 | 0 |
| 39 | Richland County | 17 | $5.6M | 0.5% | 14 | +3 |
| 40 | Fulton County | 17 | $3.4M | 0.5% | 13 | +4 |
The 40 counties with the most approvals; every county is on the Ohio page.
FY2016 against FY2015
| Ohio | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 3,460 | 3,822 |
| 7(a) dollars | $878M | $817M |
| Median 7(a) approval | $56K | $53K |
| 504 approvals | 149 | 187 |
| 504 dollars | $92.6M | $105M |
| Jobs supported, as reported | 31,764 | 28,090 |
Questions and answers
Which lenders made the most SBA loans in Ohio in FY2016?
The Huntington National Bank (2,042), U.S. Bank, National Association (244), Fifth Third Bank (92), JPMorgan Chase Bank, National Association (91), KeyBank National Association (80). 117 lenders had at least one approval.
How many SBA loans were approved in Ohio in FY2016?
3,609: 3,460 under 7(a) worth $878M and 149 under 504 worth $92.6M.
Which Ohio counties had the most SBA approvals in FY2016?
Cuyahoga County (556), Franklin County (505), Hamilton County (275), Summit County (194), Montgomery County (155).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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