FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Ohio, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 3,463 loans in Ohio: 3,319 under 7(a) and 144 under 504, worth $1.00bn.
That is about level with FY2016, when there were 3,609 approvals worth $970M.
Ohio accounted for 5.0% of the 68,648 approvals nationwide that year. 127 lenders had at least one approval in the state; The Huntington National Bank had the most, 1,963.
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 FY2017, of 127 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 1,963 | $368M | 56.7% | 2,042 | -79 |
| 2 | U.S. Bank, National Association | 7(a) | 130 | $23.5M | 3.8% | 244 | -114 |
| 3 | KeyBank National Association | 7(a) | 128 | $54.4M | 3.7% | 80 | +48 |
| 4 | JPMorgan Chase Bank, National Association | 7(a) | 95 | $14.9M | 2.7% | 91 | +4 |
| 5 | Fifth Third Bank | 7(a) | 79 | $27.1M | 2.3% | 92 | -13 |
| 6 | PNC Bank, National Association | 7(a) | 65 | $12.0M | 1.9% | 49 | +16 |
| 7 | Citizens Bank, National Association | 7(a) | 60 | $8.0M | 1.7% | 58 | +2 |
| 8 | First Financial Bank | 7(a) | 57 | $19.4M | 1.6% | 44 | +13 |
| 9 | The Community Bank | 7(a) | 46 | $4.0M | 1.3% | 54 | -8 |
| 10 | Telhio Credit Union Inc | 7(a) | 44 | $7.6M | 1.3% | 43 | +1 |
| 11 | Celtic Bank Corporation | 7(a) | 41 | $22.9M | 1.2% | 50 | -9 |
| 12 | Growth Capital Corp. | 7(a) | 37 | $2.6M | 1.1% | 53 | -16 |
| 13 | Live Oak Banking Company | 7(a) | 33 | $44.8M | 1.0% | 41 | -8 |
| 14 | Growth Capital Corp. | 504 | 33 | $27.8M | 1.0% | 29 | +4 |
| 15 | Alloy Development Co., Inc. | 504 | 29 | $11.2M | 0.8% | 37 | -8 |
| 16 | Consumers National Bank | 7(a) | 26 | $7.0M | 0.8% | 19 | +7 |
| 17 | German American Bank | 7(a) | 26 | $4.3M | 0.8% | 21 | +5 |
| 18 | Ohio Statewide Development Corporation | 504 | 25 | $11.9M | 0.7% | 22 | +3 |
| 19 | BayFirst National Bank | 7(a) | 25 | $5.6M | 0.7% | 14 | +11 |
| 20 | United Midwest Savings Bank National Association | 7(a) | 21 | $24.1M | 0.6% | 17 | +4 |
| 21 | Stearns Bank National Association | 7(a) | 19 | $4.6M | 0.5% | 25 | -6 |
| 22 | The Park National Bank | 7(a) | 19 | $2.7M | 0.5% | 16 | +3 |
| 23 | Independence Bank | 7(a) | 19 | $2.0M | 0.5% | 3 | +16 |
| 24 | First Merchants Bank | 7(a) | 18 | $21.2M | 0.5% | 17 | +1 |
| 25 | Community Capital Development Corporation | 504 | 18 | $7.8M | 0.5% | 23 | -5 |
| 26 | The Farmers National Bank of Canfield | 7(a) | 18 | $6.9M | 0.5% | 16 | +2 |
| 27 | Northeast Bank | 7(a) | 18 | $3.9M | 0.5% | 6 | +12 |
| 28 | The State Bank and Trust Company | 7(a) | 17 | $12.4M | 0.5% | 21 | -4 |
| 29 | Peoples Bank | 7(a) | 17 | $6.4M | 0.5% | 8 | +9 |
| 30 | Wells Fargo Bank National Association | 7(a) | 15 | $9.1M | 0.4% | 23 | -8 |
| 31 | WesBanco Bank, Inc. | 7(a) | 14 | $5.3M | 0.4% | 14 | 0 |
| 32 | West Central Development Corporation | 7(a) | 13 | $1.4M | 0.4% | 13 | 0 |
| 33 | Byline Bank | 7(a) | 12 | $16.8M | 0.3% | 19 | -7 |
| 34 | Newtek Small Business Finance, Inc. | 7(a) | 12 | $13.5M | 0.3% | 18 | -6 |
| 35 | Sutton Bank | 7(a) | 10 | $6.1M | 0.3% | 7 | +3 |
| 36 | Cascade Capital Corporation | 504 | 10 | $3.8M | 0.3% | 8 | +2 |
| 37 | Simmons Bank | 7(a) | 10 | $2.1M | 0.3% | 5 | +5 |
| 38 | Northwest Bank | 7(a) | 9 | $1.1M | 0.3% | 8 | +1 |
| 39 | CNB Bank | 7(a) | 8 | $6.6M | 0.2% | 2 | +6 |
| 40 | First Commonwealth Bank | 7(a) | 8 | $3.5M | 0.2% | 14 | -6 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Cuyahoga County | 547 | $131M | 15.8% | 556 | -9 |
| 2 | Franklin County | 463 | $158M | 13.4% | 505 | -42 |
| 3 | Hamilton County | 255 | $114M | 7.4% | 275 | -20 |
| 4 | Summit County | 213 | $46.2M | 6.2% | 194 | +19 |
| 5 | Montgomery County | 138 | $51.4M | 4.0% | 155 | -17 |
| 6 | Lucas County | 127 | $43.4M | 3.7% | 114 | +13 |
| 7 | Stark County | 123 | $25.0M | 3.6% | 122 | +1 |
| 8 | Delaware County | 104 | $35.2M | 3.0% | 93 | +11 |
| 9 | Lake County | 104 | $31.7M | 3.0% | 108 | -4 |
| 10 | Medina County | 98 | $25.2M | 2.8% | 77 | +21 |
| 11 | Lorain County | 98 | $24.8M | 2.8% | 94 | +4 |
| 12 | Butler County | 76 | $30.9M | 2.2% | 100 | -24 |
| 13 | Trumbull County | 65 | $5.7M | 1.9% | 46 | +19 |
| 14 | Mahoning County | 64 | $12.0M | 1.8% | 81 | -17 |
| 15 | Portage County | 61 | $11.6M | 1.8% | 65 | -4 |
| 16 | Licking County | 57 | $8.6M | 1.6% | 56 | +1 |
| 17 | Warren County | 56 | $15.6M | 1.6% | 58 | -2 |
| 18 | Clermont County | 53 | $21.2M | 1.5% | 39 | +14 |
| 19 | Geauga County | 44 | $10.1M | 1.3% | 42 | +2 |
| 20 | Fairfield County | 42 | $17.1M | 1.2% | 48 | -6 |
| 21 | Ashtabula County | 39 | $7.5M | 1.1% | 39 | 0 |
| 22 | Greene County | 34 | $15.9M | 1.0% | 38 | -4 |
| 23 | Muskingum County | 31 | $2.1M | 0.9% | 32 | -1 |
| 24 | Columbiana County | 31 | $4.0M | 0.9% | 40 | -9 |
| 25 | Wayne County | 27 | $3.6M | 0.8% | 34 | -7 |
| 26 | Wood County | 26 | $14.8M | 0.8% | 35 | -9 |
| 27 | Hancock County | 23 | $9.6M | 0.7% | 23 | 0 |
| 28 | Tuscarawas County | 23 | $4.3M | 0.7% | 23 | 0 |
| 29 | Richland County | 22 | $9.7M | 0.6% | 17 | +5 |
| 30 | Madison County | 21 | $3.7M | 0.6% | 21 | 0 |
| 31 | Erie County | 20 | $5.5M | 0.6% | 13 | +7 |
| 32 | Miami County | 19 | $3.8M | 0.5% | 33 | -14 |
| 33 | Seneca County | 18 | $2.5M | 0.5% | 18 | 0 |
| 34 | Clark County | 18 | $3.2M | 0.5% | 20 | -2 |
| 35 | Ashland County | 18 | $2.4M | 0.5% | 28 | -10 |
| 36 | Allen County | 17 | $5.8M | 0.5% | 23 | -6 |
| 37 | Marion County | 16 | $17.3M | 0.5% | 8 | +8 |
| 38 | Sandusky County | 15 | $3.8M | 0.4% | 14 | +1 |
| 39 | Knox County | 14 | $8.6M | 0.4% | 10 | +4 |
| 40 | Union County | 13 | $9.3M | 0.4% | 10 | +3 |
The 40 counties with the most approvals; every county is on the Ohio page.
FY2017 against FY2016
| Ohio | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 3,319 | 3,460 |
| 7(a) dollars | $924M | $878M |
| Median 7(a) approval | $72K | $56K |
| 504 approvals | 144 | 149 |
| 504 dollars | $79.9M | $92.6M |
| Jobs supported, as reported | 30,503 | 31,764 |
Questions and answers
Which lenders made the most SBA loans in Ohio in FY2017?
The Huntington National Bank (1,963), U.S. Bank, National Association (130), KeyBank National Association (128), JPMorgan Chase Bank, National Association (95), Fifth Third Bank (79). 127 lenders had at least one approval.
How many SBA loans were approved in Ohio in FY2017?
3,463: 3,319 under 7(a) worth $924M and 144 under 504 worth $79.9M.
Which Ohio counties had the most SBA approvals in FY2017?
Cuyahoga County (547), Franklin County (463), Hamilton County (255), Summit County (213), Montgomery County (138).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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