FY20221 Oct 2021 – 30 Sep 2022
SBA loans in Ohio, FY2022
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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 3,744 loans in Ohio: 3,537 under 7(a) and 207 under 504, worth $1.20bn.
That is about level with FY2021, when there were 3,503 approvals worth $1.32bn.
Ohio accounted for 6.6% of the 56,932 approvals nationwide that year. 149 lenders had at least one approval in the state; The Huntington National Bank had the most, 2,406.
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 FY2022, of 149 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 2,406 | $338M | 64.3% | 2,018 | +388 |
| 2 | KeyBank National Association | 7(a) | 141 | $70.2M | 3.8% | 124 | +17 |
| 3 | U.S. Bank, National Association | 7(a) | 108 | $8.7M | 2.9% | 92 | +16 |
| 4 | First Commonwealth Bank | 7(a) | 55 | $47.0M | 1.5% | 76 | -21 |
| 5 | Telhio Credit Union Inc | 7(a) | 55 | $18.9M | 1.5% | 78 | -23 |
| 6 | Ohio Statewide Development Corporation | 504 | 51 | $36.2M | 1.4% | 48 | +3 |
| 7 | PNC Bank, National Association | 7(a) | 50 | $8.7M | 1.3% | 17 | +33 |
| 8 | The Community Bank | 7(a) | 42 | $3.5M | 1.1% | 40 | +2 |
| 9 | Community Capital Development Corporation | 504 | 37 | $23.2M | 1.0% | 48 | -11 |
| 10 | Alloy Development Co., Inc. | 504 | 36 | $32.4M | 1.0% | 38 | -2 |
| 11 | Live Oak Banking Company | 7(a) | 35 | $56.8M | 0.9% | 50 | -15 |
| 12 | Fifth Third Bank | 7(a) | 34 | $9.4M | 0.9% | 35 | -1 |
| 13 | Growth Capital Corp. | 504 | 33 | $32.9M | 0.9% | 50 | -17 |
| 14 | Newtek Small Business Finance, Inc. | 7(a) | 33 | $20.6M | 0.9% | 32 | +1 |
| 15 | WesBanco Bank, Inc. | 7(a) | 32 | $22.6M | 0.9% | 35 | -3 |
| 16 | Peoples Bank | 7(a) | 29 | $10.0M | 0.8% | 61 | -32 |
| 17 | First Financial Bank | 7(a) | 25 | $14.6M | 0.7% | 47 | -22 |
| 18 | Economic and Community Development Institute | 7(a) | 25 | $4.2M | 0.7% | 19 | +6 |
| 19 | United Midwest Savings Bank National Association | 7(a) | 22 | $14.6M | 0.6% | 34 | -12 |
| 20 | Cascade Capital Corporation | 504 | 21 | $17.5M | 0.6% | 14 | +7 |
| 21 | BayFirst National Bank | 7(a) | 19 | $8.0M | 0.5% | 6 | +13 |
| 22 | Consumers National Bank | 7(a) | 19 | $4.0M | 0.5% | 47 | -28 |
| 23 | Growth Capital Corp. | 7(a) | 19 | $3.0M | 0.5% | 10 | +9 |
| 24 | Readycap Lending, LLC | 7(a) | 17 | $10.8M | 0.5% | 15 | +2 |
| 25 | Celtic Bank Corporation | 7(a) | 15 | $30.6M | 0.4% | 15 | 0 |
| 26 | RiverHills Bank | 7(a) | 15 | $10.9M | 0.4% | 24 | -9 |
| 27 | Wright Patt Credit Union Inc | 7(a) | 13 | $28.5M | 0.3% | 0 | new |
| 28 | CFBank National Association | 7(a) | 13 | $24.7M | 0.3% | 13 | 0 |
| 29 | Northwest Bank | 7(a) | 13 | $5.3M | 0.3% | 8 | +5 |
| 30 | JPMorgan Chase Bank, National Association | 7(a) | 12 | $2.1M | 0.3% | 10 | +2 |
| 31 | GBank | 7(a) | 11 | $37.7M | 0.3% | 4 | +7 |
| 32 | Byline Bank | 7(a) | 11 | $7.8M | 0.3% | 10 | +1 |
| 33 | West Central Partnership, Inc. | 504 | 11 | $6.9M | 0.3% | 11 | 0 |
| 34 | German American Bank | 7(a) | 11 | $2.7M | 0.3% | 47 | -36 |
| 35 | KEMBA Financial CU | 7(a) | 11 | $1.9M | 0.3% | 0 | new |
| 36 | The Union Bank Company | 7(a) | 8 | $2.9M | 0.2% | 6 | +2 |
| 37 | The Park National Bank | 7(a) | 7 | $3.9M | 0.2% | 8 | -1 |
| 38 | Valley Economic Development Partners, Inc. | 504 | 7 | $2.8M | 0.2% | 14 | -7 |
| 39 | First Federal Savings and Loan Association of Lakewood | 7(a) | 7 | $2.7M | 0.2% | 4 | +3 |
| 40 | Buckeye State Bank | 7(a) | 7 | $2.2M | 0.2% | 9 | -2 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|
| 1 | Cuyahoga County | 477 | $142M | 12.7% | 415 | +62 |
| 2 | Franklin County | 472 | $170M | 12.6% | 485 | -13 |
| 3 | Hamilton County | 266 | $116M | 7.1% | 284 | -18 |
| 4 | Summit County | 240 | $75.6M | 6.4% | 251 | -11 |
| 5 | Stark County | 178 | $38.3M | 4.8% | 114 | +64 |
| 6 | Lucas County | 131 | $50.3M | 3.5% | 106 | +25 |
| 7 | Montgomery County | 126 | $53.3M | 3.4% | 118 | +8 |
| 8 | Lorain County | 119 | $41.7M | 3.2% | 95 | +24 |
| 9 | Lake County | 113 | $28.8M | 3.0% | 107 | +6 |
| 10 | Delaware County | 108 | $40.5M | 2.9% | 93 | +15 |
| 11 | Medina County | 95 | $20.1M | 2.5% | 83 | +12 |
| 12 | Butler County | 91 | $23.0M | 2.4% | 115 | -24 |
| 13 | Warren County | 87 | $23.6M | 2.3% | 71 | +16 |
| 14 | Mahoning County | 81 | $28.3M | 2.2% | 54 | +27 |
| 15 | Trumbull County | 73 | $14.4M | 1.9% | 49 | +24 |
| 16 | Licking County | 71 | $12.1M | 1.9% | 74 | -3 |
| 17 | Geauga County | 71 | $16.4M | 1.9% | 40 | +31 |
| 18 | Portage County | 61 | $14.2M | 1.6% | 62 | -1 |
| 19 | Clermont County | 58 | $21.9M | 1.5% | 82 | -24 |
| 20 | Ashtabula County | 50 | $6.8M | 1.3% | 36 | +14 |
| 21 | Fairfield County | 46 | $24.9M | 1.2% | 58 | -12 |
| 22 | Muskingum County | 44 | $5.3M | 1.2% | 41 | +3 |
| 23 | Wood County | 43 | $21.4M | 1.1% | 61 | -18 |
| 24 | Tuscarawas County | 38 | $8.4M | 1.0% | 20 | +18 |
| 25 | Miami County | 37 | $14.3M | 1.0% | 42 | -5 |
| 26 | Columbiana County | 33 | $7.3M | 0.9% | 33 | 0 |
| 27 | Wayne County | 33 | $4.7M | 0.9% | 52 | -19 |
| 28 | Hancock County | 29 | $10.3M | 0.8% | 9 | +20 |
| 29 | Greene County | 26 | $15.4M | 0.7% | 30 | -4 |
| 30 | Jefferson County | 25 | $7.7M | 0.7% | 13 | +12 |
| 31 | Union County | 24 | $11.2M | 0.6% | 11 | +13 |
| 32 | Williams County | 23 | $11.4M | 0.6% | 7 | +16 |
| 33 | Ottawa County | 23 | $5.1M | 0.6% | 12 | +11 |
| 34 | Richland County | 21 | $5.0M | 0.6% | 24 | -3 |
| 35 | Madison County | 18 | $7.1M | 0.5% | 20 | -2 |
| 36 | Belmont County | 17 | $2.5M | 0.5% | 12 | +5 |
| 37 | Guernsey County | 17 | $2.7M | 0.5% | 8 | +9 |
| 38 | Allen County | 16 | $3.9M | 0.4% | 12 | +4 |
| 39 | Ashland County | 16 | $2.9M | 0.4% | 21 | -5 |
| 40 | Pickaway County | 15 | $4.0M | 0.4% | 8 | +7 |
The 40 counties with the most approvals; every county is on the Ohio page.
FY2022 against FY2021
| Ohio | FY2022 | FY2021 |
|---|---|---|
| 7(a) approvals | 3,537 | 3,270 |
| 7(a) dollars | $1.04bn | $1.17bn |
| Median 7(a) approval | $80K | $100K |
| 504 approvals | 207 | 233 |
| 504 dollars | $164M | $143M |
| Jobs supported, as reported | 26,836 | 33,060 |
Questions and answers
Which lenders made the most SBA loans in Ohio in FY2022?
The Huntington National Bank (2,406), KeyBank National Association (141), U.S. Bank, National Association (108), First Commonwealth Bank (55), Telhio Credit Union Inc (55). 149 lenders had at least one approval.
How many SBA loans were approved in Ohio in FY2022?
3,744: 3,537 under 7(a) worth $1.04bn and 207 under 504 worth $164M.
Which Ohio counties had the most SBA approvals in FY2022?
Cuyahoga County (477), Franklin County (472), Hamilton County (266), Summit County (240), Stark County (178).
When does FY2022 start and end?
The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.
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