FY20201 Oct 2019 – 30 Sep 2020
SBA loans in Ohio, FY2020
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 FY2020 (1 October 2019 to 30 September 2020) SBA approved 2,712 loans in Ohio: 2,561 under 7(a) and 151 under 504, worth $882M.
That is down 11% on FY2019, when there were 3,033 approvals worth $962M.
Ohio accounted for 5.5% of the 49,417 approvals nationwide that year. 130 lenders had at least one approval in the state; The Huntington National Bank had the most, 1,541.
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 FY2020, of 130 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|
| 1 | Franklin County | 392 | $136M | 14.5% | 426 | -34 |
| 2 | Cuyahoga County | 355 | $103M | 13.1% | 472 | -117 |
| 3 | Hamilton County | 196 | $88.6M | 7.2% | 248 | -52 |
| 4 | Summit County | 161 | $60.0M | 5.9% | 174 | -13 |
| 5 | Montgomery County | 96 | $36.8M | 3.5% | 137 | -41 |
| 6 | Stark County | 95 | $22.0M | 3.5% | 97 | -2 |
| 7 | Lucas County | 80 | $40.2M | 2.9% | 82 | -2 |
| 8 | Delaware County | 79 | $24.5M | 2.9% | 100 | -21 |
| 9 | Butler County | 75 | $29.5M | 2.8% | 94 | -19 |
| 10 | Medina County | 75 | $19.5M | 2.8% | 79 | -4 |
| 11 | Lake County | 73 | $20.4M | 2.7% | 73 | 0 |
| 12 | Lorain County | 72 | $18.3M | 2.7% | 76 | -4 |
| 13 | Mahoning County | 64 | $25.0M | 2.4% | 54 | +10 |
| 14 | Warren County | 63 | $36.9M | 2.3% | 80 | -17 |
| 15 | Portage County | 57 | $16.3M | 2.1% | 52 | +5 |
| 16 | Clermont County | 54 | $17.1M | 2.0% | 41 | +13 |
| 17 | Licking County | 44 | $8.4M | 1.6% | 44 | 0 |
| 18 | Geauga County | 44 | $7.7M | 1.6% | 41 | +3 |
| 19 | Trumbull County | 42 | $6.6M | 1.5% | 52 | -10 |
| 20 | Fairfield County | 39 | $7.6M | 1.4% | 35 | +4 |
| 21 | Wood County | 33 | $10.0M | 1.2% | 30 | +3 |
| 22 | Miami County | 30 | $5.6M | 1.1% | 25 | +5 |
| 23 | Ashtabula County | 26 | $8.6M | 1.0% | 31 | -5 |
| 24 | Muskingum County | 25 | $6.1M | 0.9% | 24 | +1 |
| 25 | Columbiana County | 24 | $6.4M | 0.9% | 21 | +3 |
| 26 | Tuscarawas County | 22 | $2.8M | 0.8% | 17 | +5 |
| 27 | Wayne County | 21 | $2.3M | 0.8% | 27 | -6 |
| 28 | Richland County | 18 | $4.8M | 0.7% | 7 | +11 |
| 29 | Sandusky County | 18 | $12.0M | 0.7% | 11 | +7 |
| 30 | Erie County | 17 | $11.3M | 0.6% | 13 | +4 |
| 31 | Greene County | 16 | $9.6M | 0.6% | 23 | -7 |
| 32 | Madison County | 14 | $3.1M | 0.5% | 18 | -4 |
| 33 | Allen County | 13 | $5.5M | 0.5% | 10 | +3 |
| 34 | Logan County | 13 | $889K | 0.5% | 5 | +8 |
| 35 | Ashland County | 12 | $1.0M | 0.4% | 16 | -4 |
| 36 | Guernsey County | 12 | $1.9M | 0.4% | 1 | +11 |
| 37 | Clark County | 11 | $1.9M | 0.4% | 7 | +4 |
| 38 | Jefferson County | 11 | $794K | 0.4% | 10 | +1 |
| 39 | Pickaway County | 11 | $3.5M | 0.4% | 11 | 0 |
| 40 | Seneca County | 10 | $4.1M | 0.4% | 9 | +1 |
The 40 counties with the most approvals; every county is on the Ohio page.
FY2020 against FY2019
| Ohio | FY2020 | FY2019 |
|---|---|---|
| 7(a) approvals | 2,561 | 2,863 |
| 7(a) dollars | $792M | $846M |
| Median 7(a) approval | $75K | $75K |
| 504 approvals | 151 | 170 |
| 504 dollars | $90.4M | $116M |
| Jobs supported, as reported | 25,733 | 27,976 |
Questions and answers
Which lenders made the most SBA loans in Ohio in FY2020?
The Huntington National Bank (1,541), U.S. Bank, National Association (108), KeyBank National Association (57), First Commonwealth Bank (46), United Midwest Savings Bank National Association (44). 130 lenders had at least one approval.
How many SBA loans were approved in Ohio in FY2020?
2,712: 2,561 under 7(a) worth $792M and 151 under 504 worth $90.4M.
Which Ohio counties had the most SBA approvals in FY2020?
Franklin County (392), Cuyahoga County (355), Hamilton County (196), Summit County (161), Montgomery County (96).
When does FY2020 start and end?
The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.
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