SBA Ledger

States › Ohio › FY2021

FY20211 Oct 2020 – 30 Sep 2021

SBA loans in Ohio, FY2021

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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 3,503 loans in Ohio: 3,270 under 7(a) and 233 under 504, worth $1.32bn.

That is up 29% on FY2020, when there were 2,712 approvals worth $882M.

Ohio accounted for 5.7% of the 61,532 approvals nationwide that year. 131 lenders had at least one approval in the state; The Huntington National Bank had the most, 2,018.

3,503approvalsFY2020: 2,712
$1.32bndollars approvedFY2020: $882M
$100Kmedian 7(a) approvalFY2020: $75K
131lenders with an approval
33,060jobs supported, as reported

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 FY2021, of 131 active.

#LenderProgramApprovalsDollarsShare of stateFY2020Change
1The Huntington National Bank7(a)2,018$381M57.6%1,541+477
2KeyBank National Association7(a)124$54.0M3.5%57+67
3U.S. Bank, National Association7(a)92$16.3M2.6%108-16
4Telhio Credit Union Inc7(a)78$27.6M2.2%38+40
5First Commonwealth Bank7(a)76$45.8M2.2%46+30
6Peoples Bank7(a)61$30.4M1.7%35+26
7Live Oak Banking Company7(a)50$73.3M1.4%21+29
8Growth Capital Corp.50450$32.0M1.4%36+14
9Ohio Statewide Development Corporation50448$26.3M1.4%25+23
10Community Capital Development Corporation50448$24.6M1.4%27+21
11Consumers National Bank7(a)47$19.8M1.3%25+22
12First Financial Bank7(a)47$19.1M1.3%38+9
13German American Bank7(a)47$14.6M1.3%29+18
14The Community Bank7(a)40$2.5M1.1%21+19
15Alloy Development Co., Inc.50438$30.4M1.1%35+3
16WesBanco Bank, Inc.7(a)35$25.9M1.0%27+8
17Fifth Third Bank7(a)35$24.3M1.0%29+6
18United Midwest Savings Bank National Association7(a)34$11.4M1.0%44-10
19Newtek Small Business Finance, Inc.7(a)32$17.5M0.9%9+23
20RiverHills Bank7(a)24$15.7M0.7%1+23
21Sutton Bank7(a)20$5.6M0.6%14+6
22Economic and Community Development Institute7(a)19$2.9M0.5%26-7
23First National Bank of Pennsylvania7(a)17$20.8M0.5%12+5
24PNC Bank, National Association7(a)17$3.5M0.5%34-17
25Celtic Bank Corporation7(a)15$28.1M0.4%18-3
26Readycap Lending, LLC7(a)15$22.2M0.4%6+9
27Cascade Capital Corporation50414$9.6M0.4%6+8
28Valley Economic Development Partners, Inc.50414$4.2M0.4%9+5
29CFBank National Association7(a)13$19.9M0.4%130
30West Central Partnership, Inc.50411$12.3M0.3%2+9
31Byline Bank7(a)10$14.8M0.3%11-1
32Growth Capital Corp.7(a)10$1.9M0.3%37-27
33JPMorgan Chase Bank, National Association7(a)10$1.5M0.3%21-11
34Stock Yards Bank & Trust Company7(a)9$8.7M0.3%10-1
35Buckeye State Bank7(a)9$7.8M0.3%2+7
36The Park National Bank7(a)8$5.3M0.2%14-6
37Northwest Ohio Development Assistance Corporation5048$3.8M0.2%3+5
38The State Bank and Trust Company7(a)8$3.0M0.2%7+1
39Northwest Bank7(a)8$1.6M0.2%9-1
40Citizens Bank, National Association7(a)7$7.5M0.2%11-4

Approvals by county

#CountyApprovalsDollarsShare of stateFY2020Change
1Franklin County485$188M13.8%392+93
2Cuyahoga County415$157M11.8%355+60
3Hamilton County284$140M8.1%196+88
4Summit County251$88.0M7.2%161+90
5Montgomery County118$52.1M3.4%96+22
6Butler County115$45.3M3.3%75+40
7Stark County114$33.4M3.3%95+19
8Lake County107$23.0M3.1%73+34
9Lucas County106$41.3M3.0%80+26
10Lorain County95$26.6M2.7%72+23
11Delaware County93$22.9M2.7%79+14
12Medina County83$14.4M2.4%75+8
13Clermont County82$38.4M2.3%54+28
14Licking County74$28.0M2.1%44+30
15Warren County71$34.1M2.0%63+8
16Portage County62$17.1M1.8%57+5
17Wood County61$21.0M1.7%33+28
18Fairfield County58$14.9M1.7%39+19
19Mahoning County54$18.3M1.5%64-10
20Wayne County52$11.4M1.5%21+31
21Trumbull County49$17.6M1.4%42+7
22Miami County42$25.0M1.2%30+12
23Muskingum County41$8.5M1.2%25+16
24Geauga County40$5.5M1.1%44-4
25Ashtabula County36$4.3M1.0%26+10
26Columbiana County33$7.6M0.9%24+9
27Greene County30$14.4M0.9%16+14
28Clark County24$11.1M0.7%11+13
29Richland County24$14.0M0.7%18+6
30Ashland County21$3.4M0.6%12+9
31Madison County20$6.2M0.6%14+6
32Tuscarawas County20$16.7M0.6%22-2
33Erie County15$8.2M0.4%17-2
34Sandusky County14$5.7M0.4%18-4
35Washington County13$5.1M0.4%3+10
36Marion County13$2.6M0.4%6+7
37Jefferson County13$4.2M0.4%11+2
38Seneca County12$2.5M0.3%10+2
39Belmont County12$2.1M0.3%7+5
40Allen County12$6.4M0.3%13-1

The 40 counties with the most approvals; every county is on the Ohio page.

FY2021 against FY2020

OhioFY2021FY2020
7(a) approvals3,2702,561
7(a) dollars$1.17bn$792M
Median 7(a) approval$100K$75K
504 approvals233151
504 dollars$143M$90.4M
Jobs supported, as reported33,06025,733

Questions and answers

Which lenders made the most SBA loans in Ohio in FY2021?

The Huntington National Bank (2,018), KeyBank National Association (124), U.S. Bank, National Association (92), Telhio Credit Union Inc (78), First Commonwealth Bank (76). 131 lenders had at least one approval.

How many SBA loans were approved in Ohio in FY2021?

3,503: 3,270 under 7(a) worth $1.17bn and 233 under 504 worth $143M.

Which Ohio counties had the most SBA approvals in FY2021?

Franklin County (485), Cuyahoga County (415), Hamilton County (284), Summit County (251), Montgomery County (118).

When does FY2021 start and end?

The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.

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