FY20181 Oct 2017 – 30 Sep 2018
SBA loans in Ohio, FY2018
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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 3,600 loans in Ohio: 3,422 under 7(a) and 178 under 504, worth $1.04bn.
That is about level with FY2017, when there were 3,463 approvals worth $1.00bn.
Ohio accounted for 5.4% of the 66,228 approvals nationwide that year. 131 lenders had at least one approval in the state; The Huntington National Bank had the most, 2,088.
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 FY2018, of 131 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 2,088 | $400M | 58.0% | 1,963 | +125 |
| 2 | U.S. Bank, National Association | 7(a) | 123 | $14.7M | 3.4% | 130 | -7 |
| 3 | KeyBank National Association | 7(a) | 96 | $46.1M | 2.7% | 128 | -32 |
| 4 | Fifth Third Bank | 7(a) | 80 | $25.9M | 2.2% | 79 | +1 |
| 5 | JPMorgan Chase Bank, National Association | 7(a) | 70 | $12.4M | 1.9% | 95 | -25 |
| 6 | PNC Bank, National Association | 7(a) | 62 | $10.5M | 1.7% | 65 | -3 |
| 7 | Citizens Bank, National Association | 7(a) | 61 | $8.5M | 1.7% | 60 | +1 |
| 8 | Peoples Bank | 7(a) | 49 | $20.3M | 1.4% | 17 | +32 |
| 9 | Alloy Development Co., Inc. | 504 | 48 | $35.2M | 1.3% | 29 | +19 |
| 10 | The Park National Bank | 7(a) | 44 | $9.3M | 1.2% | 19 | +25 |
| 11 | German American Bank | 7(a) | 43 | $12.5M | 1.2% | 26 | +17 |
| 12 | First Financial Bank | 7(a) | 42 | $15.4M | 1.2% | 57 | -15 |
| 13 | Growth Capital Corp. | 7(a) | 42 | $4.4M | 1.2% | 37 | +5 |
| 14 | Telhio Credit Union Inc | 7(a) | 35 | $7.1M | 1.0% | 44 | -9 |
| 15 | Growth Capital Corp. | 504 | 33 | $25.0M | 0.9% | 33 | 0 |
| 16 | Ohio Statewide Development Corporation | 504 | 33 | $17.1M | 0.9% | 25 | +8 |
| 17 | Celtic Bank Corporation | 7(a) | 33 | $8.3M | 0.9% | 41 | -8 |
| 18 | Live Oak Banking Company | 7(a) | 30 | $37.4M | 0.8% | 33 | -3 |
| 19 | United Midwest Savings Bank National Association | 7(a) | 30 | $19.8M | 0.8% | 21 | +9 |
| 20 | Consumers National Bank | 7(a) | 26 | $3.4M | 0.7% | 26 | 0 |
| 21 | Community Capital Development Corporation | 504 | 25 | $16.1M | 0.7% | 18 | +7 |
| 22 | Newtek Small Business Finance, Inc. | 7(a) | 25 | $13.3M | 0.7% | 12 | +13 |
| 23 | Independence Bank | 7(a) | 22 | $2.7M | 0.6% | 19 | +3 |
| 24 | Stearns Bank National Association | 7(a) | 20 | $8.4M | 0.6% | 19 | +1 |
| 25 | Northeast Bank | 7(a) | 19 | $4.4M | 0.5% | 18 | +1 |
| 26 | First Commonwealth Bank | 7(a) | 18 | $15.2M | 0.5% | 8 | +10 |
| 27 | First National Bank of Pennsylvania | 7(a) | 16 | $5.0M | 0.4% | 2 | +14 |
| 28 | The State Bank and Trust Company | 7(a) | 15 | $10.3M | 0.4% | 17 | -2 |
| 29 | The Farmers National Bank of Canfield | 7(a) | 15 | $8.8M | 0.4% | 18 | -3 |
| 30 | Cascade Capital Corporation | 504 | 14 | $8.5M | 0.4% | 10 | +4 |
| 31 | WesBanco Bank, Inc. | 7(a) | 13 | $15.3M | 0.4% | 14 | -1 |
| 32 | First Merchants Bank | 7(a) | 11 | $13.9M | 0.3% | 18 | -7 |
| 33 | Northwest Bank | 7(a) | 11 | $3.2M | 0.3% | 9 | +2 |
| 34 | BayFirst National Bank | 7(a) | 11 | $3.0M | 0.3% | 25 | -14 |
| 35 | Byline Bank | 7(a) | 10 | $11.7M | 0.3% | 12 | -2 |
| 36 | Wells Fargo Bank National Association | 7(a) | 10 | $9.6M | 0.3% | 15 | -5 |
| 37 | Five Star Bank | 7(a) | 10 | $2.7M | 0.3% | 0 | new |
| 38 | West Central Development Corporation | 7(a) | 10 | $1.0M | 0.3% | 13 | -3 |
| 39 | The Community Bank | 7(a) | 10 | $541K | 0.3% | 46 | -36 |
| 40 | CNB Bank | 7(a) | 9 | $6.1M | 0.3% | 8 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Cuyahoga County | 559 | $138M | 15.5% | 547 | +12 |
| 2 | Franklin County | 514 | $156M | 14.3% | 463 | +51 |
| 3 | Hamilton County | 247 | $108M | 6.9% | 255 | -8 |
| 4 | Summit County | 240 | $66.8M | 6.7% | 213 | +27 |
| 5 | Montgomery County | 193 | $58.2M | 5.4% | 138 | +55 |
| 6 | Stark County | 139 | $30.3M | 3.9% | 123 | +16 |
| 7 | Medina County | 118 | $30.1M | 3.3% | 98 | +20 |
| 8 | Butler County | 103 | $41.9M | 2.9% | 76 | +27 |
| 9 | Lucas County | 103 | $34.1M | 2.9% | 127 | -24 |
| 10 | Lake County | 89 | $17.7M | 2.5% | 104 | -15 |
| 11 | Delaware County | 82 | $24.1M | 2.3% | 104 | -22 |
| 12 | Lorain County | 77 | $22.6M | 2.1% | 98 | -21 |
| 13 | Clermont County | 72 | $27.8M | 2.0% | 53 | +19 |
| 14 | Portage County | 69 | $17.2M | 1.9% | 61 | +8 |
| 15 | Warren County | 63 | $24.8M | 1.8% | 56 | +7 |
| 16 | Geauga County | 57 | $22.5M | 1.6% | 44 | +13 |
| 17 | Mahoning County | 57 | $12.6M | 1.6% | 64 | -7 |
| 18 | Licking County | 51 | $13.2M | 1.4% | 57 | -6 |
| 19 | Fairfield County | 44 | $13.8M | 1.2% | 42 | +2 |
| 20 | Trumbull County | 41 | $4.4M | 1.1% | 65 | -24 |
| 21 | Miami County | 39 | $6.4M | 1.1% | 19 | +20 |
| 22 | Wood County | 38 | $5.7M | 1.1% | 26 | +12 |
| 23 | Richland County | 32 | $9.7M | 0.9% | 22 | +10 |
| 24 | Columbiana County | 30 | $5.8M | 0.8% | 31 | -1 |
| 25 | Wayne County | 30 | $4.1M | 0.8% | 27 | +3 |
| 26 | Greene County | 29 | $8.1M | 0.8% | 34 | -5 |
| 27 | Tuscarawas County | 29 | $7.5M | 0.8% | 23 | +6 |
| 28 | Ashtabula County | 24 | $4.0M | 0.7% | 39 | -15 |
| 29 | Hancock County | 23 | $13.5M | 0.6% | 23 | 0 |
| 30 | Clark County | 17 | $5.1M | 0.5% | 18 | -1 |
| 31 | Ashland County | 17 | $1.3M | 0.5% | 18 | -1 |
| 32 | Pickaway County | 17 | $4.1M | 0.5% | 4 | +13 |
| 33 | Madison County | 16 | $10.4M | 0.4% | 21 | -5 |
| 34 | Williams County | 16 | $2.4M | 0.4% | 12 | +4 |
| 35 | Seneca County | 15 | $3.5M | 0.4% | 18 | -3 |
| 36 | Washington County | 14 | $4.4M | 0.4% | 2 | +12 |
| 37 | Knox County | 14 | $3.1M | 0.4% | 14 | 0 |
| 38 | Allen County | 13 | $7.3M | 0.4% | 17 | -4 |
| 39 | Ottawa County | 13 | $3.9M | 0.4% | 13 | 0 |
| 40 | Erie County | 12 | $4.4M | 0.3% | 20 | -8 |
The 40 counties with the most approvals; every county is on the Ohio page.
FY2018 against FY2017
| Ohio | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 3,422 | 3,319 |
| 7(a) dollars | $926M | $924M |
| Median 7(a) approval | $75K | $72K |
| 504 approvals | 178 | 144 |
| 504 dollars | $116M | $79.9M |
| Jobs supported, as reported | 32,696 | 30,503 |
Questions and answers
Which lenders made the most SBA loans in Ohio in FY2018?
The Huntington National Bank (2,088), U.S. Bank, National Association (123), KeyBank National Association (96), Fifth Third Bank (80), JPMorgan Chase Bank, National Association (70). 131 lenders had at least one approval.
How many SBA loans were approved in Ohio in FY2018?
3,600: 3,422 under 7(a) worth $926M and 178 under 504 worth $116M.
Which Ohio counties had the most SBA approvals in FY2018?
Cuyahoga County (559), Franklin County (514), Hamilton County (247), Summit County (240), Montgomery County (193).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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