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SBA lending by metro area

SBA lenders in Sandusky, OH

Which lenders fund Sandusky-area businesses, how much, and how the market compares with Ohio: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
492
Total funded
$161.1M
Average loan
$327K
7(a) charge-off
1.4%

Top SBA lenders in the Sandusky area

Ranked by SBA volume funded to businesses located in the Sandusky metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 The Huntington National Bank 253 $41.4M $163K 1.19%
2 Growth Capital Corp. 33 $24.8M $751K not reported
3 The First National Bank Bellevue 21 $7.0M $331K 0.00%
4 Fifth Third Bank 9 $6.6M $738K not reported
5 The Croghan Colonial Bank 23 $6.6M $288K 0.00%
6 Civista Bank 10 $6.0M $600K not reported
7 KeyBank National Association 19 $5.1M $271K not reported
8 Northwest Ohio Development Assistance Corporation 12 $4.1M $344K not reported
9 The Genoa Banking Company 5 $2.4M $489K not reported
10 Stearns Bank National Association 5 $1.8M $353K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Sandusky compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Sandusky area $100K ▲ 25.0% 9.6% ▲ 4.1 pts
Ohio$80K5.4%
United States$179K11.2%

What gets funded in Sandusky

IndustryLoansTotal funded
Accommodation and Food Services 121 $48.4M
Retail Trade 75 $30.2M
Manufacturing 34 $19.6M
Transportation and Warehousing 39 $9.1M
Arts, Entertainment, Recreation 24 $8.4M
Real Estate 11 $6.7M
Construction 64 $6.6M
Other Services 39 $6.4M

SBA lending in Sandusky by year

Geography, precisely

"Sandusky area" here means the Sandusky, OH metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Erie County, OH; Ottawa County, OH. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.