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SBA lenders in Wooster, OH

Which lenders fund Wooster-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
430
Total funded
$81.6M
Average loan
$190K
7(a) charge-off
2.9%

Top SBA lenders in the Wooster area

Ranked by SBA volume funded to businesses located in the Wooster micropolitan 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 262 $25.2M $96K 3.44%
2 Peoples Bank 6 $5.7M $943K not reported
3 The Commercial and Savings Bank of Millersburg, Ohio 12 $5.5M $456K not reported
4 Live Oak Banking Company 6 $5.1M $855K not reported
5 Consumers National Bank 25 $4.0M $159K 0.00%
6 First Financial Bank 7 $3.2M $458K not reported
7 U.S. Bank, National Association 7 $3.2M $456K not reported
8 Main Street Bank Corp 16 $2.7M $169K not reported
9 PNC Bank, National Association 14 $1.3M $93K not reported
10 The Farmers National Bank of Canfield 5 $843K $169K 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 Wooster compares

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

Median loan504 share
Wooster area $50K ▼ 37.5% 2.1% ▼ 3.3 pts
Ohio$80K5.4%
United States$179K11.2%

What gets funded in Wooster

IndustryLoansTotal funded
Accommodation and Food Services 51 $17.7M
Manufacturing 44 $12.4M
Retail Trade 58 $11.5M
Construction 91 $9.0M
Professional and Technical Services 24 $6.9M
Wholesale Trade 17 $6.5M
Other Services 30 $3.9M
Health Care and Social Assistance 17 $3.7M

SBA lending in Wooster by year

Geography, precisely

"Wooster area" here means the Wooster, OH micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Wayne 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.