FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Ohio, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 3,033 loans in Ohio: 2,863 under 7(a) and 170 under 504, worth $962M.
That is down 16% on FY2018, when there were 3,600 approvals worth $1.04bn.
Ohio accounted for 5.2% of the 58,006 approvals nationwide that year. 129 lenders had at least one approval in the state; The Huntington National Bank had the most, 1,641.
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 FY2019, of 129 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 1,641 | $308M | 54.1% | 2,088 | -447 |
| 2 | U.S. Bank, National Association | 7(a) | 157 | $15.3M | 5.2% | 123 | +34 |
| 3 | KeyBank National Association | 7(a) | 71 | $33.1M | 2.3% | 96 | -25 |
| 4 | Fifth Third Bank | 7(a) | 67 | $24.8M | 2.2% | 80 | -13 |
| 5 | United Midwest Savings Bank National Association | 7(a) | 57 | $40.9M | 1.9% | 30 | +27 |
| 6 | JPMorgan Chase Bank, National Association | 7(a) | 57 | $10.9M | 1.9% | 70 | -13 |
| 7 | Growth Capital Corp. | 7(a) | 56 | $3.6M | 1.8% | 42 | +14 |
| 8 | PNC Bank, National Association | 7(a) | 51 | $11.0M | 1.7% | 62 | -11 |
| 9 | First Financial Bank | 7(a) | 48 | $23.4M | 1.6% | 42 | +6 |
| 10 | Growth Capital Corp. | 504 | 46 | $26.0M | 1.5% | 33 | +13 |
| 11 | Peoples Bank | 7(a) | 39 | $9.2M | 1.3% | 49 | -10 |
| 12 | Alloy Development Co., Inc. | 504 | 38 | $22.6M | 1.3% | 48 | -10 |
| 13 | First Commonwealth Bank | 7(a) | 33 | $25.6M | 1.1% | 18 | +15 |
| 14 | German American Bank | 7(a) | 33 | $10.4M | 1.1% | 43 | -10 |
| 15 | Telhio Credit Union Inc | 7(a) | 32 | $8.1M | 1.1% | 35 | -3 |
| 16 | Community Capital Development Corporation | 504 | 27 | $17.0M | 0.9% | 25 | +2 |
| 17 | BayFirst National Bank | 7(a) | 27 | $4.8M | 0.9% | 11 | +16 |
| 18 | Live Oak Banking Company | 7(a) | 26 | $31.7M | 0.9% | 30 | -4 |
| 19 | Ohio Statewide Development Corporation | 504 | 26 | $16.9M | 0.9% | 33 | -7 |
| 20 | Newtek Small Business Finance, Inc. | 7(a) | 25 | $13.9M | 0.8% | 25 | 0 |
| 21 | Northeast Bank | 7(a) | 22 | $7.4M | 0.7% | 19 | +3 |
| 22 | Citizens Bank, National Association | 7(a) | 22 | $5.7M | 0.7% | 61 | -39 |
| 23 | Consumers National Bank | 7(a) | 20 | $2.9M | 0.7% | 26 | -6 |
| 24 | Byline Bank | 7(a) | 18 | $16.5M | 0.6% | 10 | +8 |
| 25 | The Union Bank Company | 7(a) | 18 | $10.1M | 0.6% | 8 | +10 |
| 26 | Stearns Bank National Association | 7(a) | 18 | $9.8M | 0.6% | 20 | -2 |
| 27 | Independence Bank | 7(a) | 15 | $2.1M | 0.5% | 22 | -7 |
| 28 | The State Bank and Trust Company | 7(a) | 14 | $4.8M | 0.5% | 15 | -1 |
| 29 | First Merchants Bank | 7(a) | 13 | $15.9M | 0.4% | 11 | +2 |
| 30 | Celtic Bank Corporation | 7(a) | 11 | $10.5M | 0.4% | 33 | -22 |
| 31 | West Central Development Corporation | 7(a) | 11 | $978K | 0.4% | 10 | +1 |
| 32 | Cascade Capital Corporation | 504 | 10 | $6.7M | 0.3% | 14 | -4 |
| 33 | The Farmers National Bank of Canfield | 7(a) | 10 | $5.4M | 0.3% | 15 | -5 |
| 34 | The Park National Bank | 7(a) | 10 | $2.2M | 0.3% | 44 | -34 |
| 35 | Five Star Bank | 7(a) | 10 | $1.7M | 0.3% | 10 | 0 |
| 36 | First National Bank of Pennsylvania | 7(a) | 9 | $7.1M | 0.3% | 16 | -7 |
| 37 | WesBanco Bank, Inc. | 7(a) | 9 | $4.9M | 0.3% | 13 | -4 |
| 38 | CNB Bank | 7(a) | 8 | $2.3M | 0.3% | 9 | -1 |
| 39 | The Community Bank | 7(a) | 8 | $982K | 0.3% | 10 | -2 |
| 40 | First Financial Bank | 7(a) | 7 | $4.3M | 0.2% | 4 | +3 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Cuyahoga County | 472 | $126M | 15.6% | 559 | -87 |
| 2 | Franklin County | 426 | $164M | 14.0% | 514 | -88 |
| 3 | Hamilton County | 248 | $109M | 8.2% | 247 | +1 |
| 4 | Summit County | 174 | $39.7M | 5.7% | 240 | -66 |
| 5 | Montgomery County | 137 | $52.2M | 4.5% | 193 | -56 |
| 6 | Delaware County | 100 | $28.0M | 3.3% | 82 | +18 |
| 7 | Stark County | 97 | $23.2M | 3.2% | 139 | -42 |
| 8 | Butler County | 94 | $32.0M | 3.1% | 103 | -9 |
| 9 | Lucas County | 82 | $36.2M | 2.7% | 103 | -21 |
| 10 | Warren County | 80 | $29.0M | 2.6% | 63 | +17 |
| 11 | Medina County | 79 | $23.0M | 2.6% | 118 | -39 |
| 12 | Lorain County | 76 | $29.3M | 2.5% | 77 | -1 |
| 13 | Lake County | 73 | $16.2M | 2.4% | 89 | -16 |
| 14 | Mahoning County | 54 | $18.6M | 1.8% | 57 | -3 |
| 15 | Portage County | 52 | $8.4M | 1.7% | 69 | -17 |
| 16 | Trumbull County | 52 | $11.1M | 1.7% | 41 | +11 |
| 17 | Licking County | 44 | $17.3M | 1.5% | 51 | -7 |
| 18 | Clermont County | 41 | $17.7M | 1.4% | 72 | -31 |
| 19 | Geauga County | 41 | $10.8M | 1.4% | 57 | -16 |
| 20 | Fairfield County | 35 | $12.6M | 1.2% | 44 | -9 |
| 21 | Ashtabula County | 31 | $3.3M | 1.0% | 24 | +7 |
| 22 | Wood County | 30 | $10.1M | 1.0% | 38 | -8 |
| 23 | Wayne County | 27 | $4.7M | 0.9% | 30 | -3 |
| 24 | Miami County | 25 | $5.1M | 0.8% | 39 | -14 |
| 25 | Muskingum County | 24 | $3.6M | 0.8% | 11 | +13 |
| 26 | Greene County | 23 | $13.3M | 0.8% | 29 | -6 |
| 27 | Columbiana County | 21 | $5.6M | 0.7% | 30 | -9 |
| 28 | Madison County | 18 | $5.5M | 0.6% | 16 | +2 |
| 29 | Tuscarawas County | 17 | $1.8M | 0.6% | 29 | -12 |
| 30 | Union County | 17 | $7.2M | 0.6% | 7 | +10 |
| 31 | Ashland County | 16 | $4.5M | 0.5% | 17 | -1 |
| 32 | Hancock County | 14 | $5.7M | 0.5% | 23 | -9 |
| 33 | Williams County | 14 | $947K | 0.5% | 16 | -2 |
| 34 | Erie County | 13 | $10.0M | 0.4% | 12 | +1 |
| 35 | Ottawa County | 12 | $2.4M | 0.4% | 13 | -1 |
| 36 | Sandusky County | 11 | $4.2M | 0.4% | 9 | +2 |
| 37 | Fulton County | 11 | $1.9M | 0.4% | 11 | 0 |
| 38 | Pickaway County | 11 | $1.6M | 0.4% | 17 | -6 |
| 39 | Allen County | 10 | $1.8M | 0.3% | 13 | -3 |
| 40 | Washington County | 10 | $2.4M | 0.3% | 14 | -4 |
The 40 counties with the most approvals; every county is on the Ohio page.
FY2019 against FY2018
| Ohio | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 2,863 | 3,422 |
| 7(a) dollars | $846M | $926M |
| Median 7(a) approval | $75K | $75K |
| 504 approvals | 170 | 178 |
| 504 dollars | $116M | $116M |
| Jobs supported, as reported | 27,976 | 32,696 |
Questions and answers
Which lenders made the most SBA loans in Ohio in FY2019?
The Huntington National Bank (1,641), U.S. Bank, National Association (157), KeyBank National Association (71), Fifth Third Bank (67), United Midwest Savings Bank National Association (57). 129 lenders had at least one approval.
How many SBA loans were approved in Ohio in FY2019?
3,033: 2,863 under 7(a) worth $846M and 170 under 504 worth $116M.
Which Ohio counties had the most SBA approvals in FY2019?
Cuyahoga County (472), Franklin County (426), Hamilton County (248), Summit County (174), Montgomery County (137).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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