16,513 SBA loans worth $5.7B went to Ohio businesses between October 2021 and June 2026, from 244 lenders. Huntington National Bank made the most 7(a) loans, 9,325 or 59% of the state's total, and the ten most active lenders made 78%. The median 7(a) loan was $100,000, below the national median of $158,000. Construction was the most financed industry, at 16% of loans. Annual loan count fell 8% from fiscal 2023 to fiscal 2025.
| # | Lender | Loans | Approved | Median loan | To startups | Most common borrower |
|---|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 9,325 | $1.5B | $55,900 | 28% | Construction |
| 2 | U.S. Bank Bank · Cincinnati, OH | 674 | $150.1M | $40,000 | 30% | Construction |
| 3 | KeyBank Bank · Cleveland, OH | 615 | $245.6M | $100,000 | 65% | Restaurants and hotels |
| 4 | Telhio Credit Union Credit union · Columbus, OH | 317 | $81.2M | $130,000 | 43% | Restaurants and hotels |
| 5 | Newtek Bank Bank · Miami, FL | 269 | $114.8M | $200,000 | 21% | Health care and social assistance |
| 6 | Northeast Bank Bank · Portland, ME | 265 | $37.2M | $100,300 | 14% | Construction |
| 7 | First Commonwealth Bank Bank · Indiana, PA | 260 | $211.2M | $405,000 | 53% | Manufacturing |
| 8 | PNC Bank Bank · Wilmington, DE | 219 | $61.4M | $50,000 | 46% | Construction |
| 9 | Live Oak Banking Bank · Wilmington, NC | 216 | $273.0M | $700,000 | 24% | Health care and social assistance |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 190 | $75.6M | $60,600 | 17% | Other services (repair, personal care) |
| 11 | BayFirst National Bank Bank · St. Petersburg, FL | 187 | $33.2M | $150,000 | 3% | Construction |
| 12 | Fifth Third Bank Bank · Cincinnati, OH | 179 | $93.2M | $200,000 | 37% | Retail |
| 13 | JPMorgan Chase Bank Bank · Columbus, OH | 159 | $37.8M | $180,000 | 8% | Construction |
| 14 | United Midwest Savings Bank Bank · Degraff, OH | 155 | $102.5M | $150,000 | 62% | Health care and social assistance |
| 15 | Northwest Bank Bank · Warren, PA | 133 | $76.6M | $222,000 | 51% | Restaurants and hotels |
| 16 | WesBanco Bank Bank · Wheeling, WV | 126 | $83.1M | $300,000 | 60% | Construction |
| 17 | Community Bank Bank · Zanesville, OH | 124 | $12.0M | $61,100 | 72% | Other services (repair, personal care) |
| 18 | Peoples Bank Bank · Marietta, OH | 109 | $42.0M | $225,000 | 68% | Other services (repair, personal care) |
| 19 | Celtic Bank Bank · Salt Lake City, UT | 104 | $74.7M | $150,000 | 33% | Other services (repair, personal care) |
| 20 | First Financial Bank Bank · Cincinnati, OH | 101 | $54.4M | $277,000 | 44% | Manufacturing |
| 21 | Consumers National Bank Bank · Minerva, OH | 98 | $19.9M | $101,800 | 31% | Construction |
| 22 | Growth Capital Non-bank lender · Cleveland, OH | 79 | $12.9M | $150,000 | 29% | Retail |
| 23 | Park National Bank Bank · Newark, OH | 64 | $29.3M | $200,000 | 45% | Manufacturing |
| 24 | Economic and Community Development Institute Non-bank lender · Columbus, OH | 59 | $10.9M | $173,000 | 68% | Restaurants and hotels |
| 25 | Buckeye State Bank Bank · Powell, OH | 57 | $19.1M | $260,700 | 44% | Restaurants and hotels |
| # | Certified development company | Loans | SBA portion approved | Median |
|---|---|---|---|---|
| 1 | Alloy Development Co. Cincinnati, OH | 136 | $186.5M | $936,500 |
| 2 | Community Capital Development Dublin, OH | 125 | $87.5M | $486,000 |
| 3 | Ohio Statewide Development Columbus, OH | 109 | $78.0M | $456,000 |
| 4 | Growth Capital Cleveland, OH | 97 | $94.1M | $675,000 |
| 5 | Cascade Capital Akron, OH | 63 | $73.8M | $863,000 |
| 6 | Northwest Ohio Development Assistance Toledo, OH | 27 | $21.9M | $419,000 |
| 7 | Valley Economic Development Partners Youngstown, OH | 25 | $12.2M | $346,000 |
| 8 | Citywide Small Business Development Dayton, OH | 24 | $16.4M | $332,000 |
| 9 | West Central Partnership Perrysburg, OH | 19 | $20.5M | $444,000 |
| 10 | Michigan Certified Development East Lansing, MI | 6 | $7.5M | $1,110,000 |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 2,684 | $80,000 | Huntington National Bank | |
| Restaurants and hotels | 1,999 | $150,000 | Huntington National Bank | |
| Transportation and warehousing | 1,882 | $63,950 | Huntington National Bank | |
| Other services (repair, personal care) | 1,606 | $75,000 | Huntington National Bank | |
| Retail | 1,513 | $100,000 | Huntington National Bank | |
| Health care and social assistance | 1,408 | $142,200 | Huntington National Bank | |
| Professional and technical services | 1,186 | $104,250 | Huntington National Bank | |
| Manufacturing | 1,167 | $175,000 | Huntington National Bank | |
| Administrative and support services | 994 | $70,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 616 | $113,500 | Huntington National Bank | |
| Wholesale trade | 496 | $162,650 | Huntington National Bank | |
| Real estate and rental | 302 | $132,500 | Huntington National Bank |
| City | Loans | Approved | Median loan | Most active lender |
|---|---|---|---|---|
| Columbus | 1,576 | $550.6M | $103,400 | Huntington National Bank |
| Cincinnati | 1,163 | $478.7M | $150,000 | Huntington National Bank |
| Cleveland | 974 | $342.4M | $100,000 | Huntington National Bank |
| Dayton | 547 | $246.1M | $150,000 | Huntington National Bank |
| Akron | 458 | $172.6M | $78,100 | Huntington National Bank |
| Toledo | 343 | $99.8M | $80,000 | Huntington National Bank |
| Youngstown | 262 | $103.9M | $100,000 | Huntington National Bank |
| Canton | 217 | $68.2M | $85,000 | Huntington National Bank |
| Westerville | 205 | $78.5M | $140,000 | Huntington National Bank |
| Medina | 194 | $47.5M | $98,000 | Huntington National Bank |
| Dublin | 161 | $55.0M | $140,300 | Huntington National Bank |
| Hamilton | 156 | $47.7M | $100,000 | Huntington National Bank |
| Powell | 148 | $59.9M | $137,000 | Huntington National Bank |
| Mason | 131 | $67.7M | $150,000 | Huntington National Bank |
| West Chester | 128 | $47.7M | $137,750 | Huntington National Bank |
141 Ohio cities and suburbs with at least 25 SBA loans since October 2021. Search any zip code at the top of the page.