SBA lending by state
SBA Lending in Ohio
In Ohio, SBA lenders funded 55,102 7(a) and 504 loans since FY2010, totaling $16.0B, an average of $290K per loan. The most active lender is The Huntington National Bank, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, FY2010–2026 (as of 2026-03-31)
Top SBA lenders in Ohio
Ranked by SBA loans funded in Ohio since FY2010. Each lender's figures, including its 7(a) charge-off rate, cover its Ohio loans only. Charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample in Ohio shows “not reported,” never 0%.
See the full Ohio ranking : up to 25 lenders, with the 7(a) vs 504 leaders and industry context.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 31,207 | $5.0B | $160K | 3.37% |
| 2 | U.S. Bank, National Association | 2,498 | $525.7M | $210K | 4.16% |
| 3 | KeyBank National Association | 1,803 | $670.7M | $372K | 3.00% |
| 4 | JPMorgan Chase Bank, National Association | 1,446 | $248.4M | $172K | 4.08% |
| 5 | Growth Capital Corp. | 987 | $429.7M | $435K | 5.41% |
| 6 | First Financial Bank | 903 | $365.3M | $405K | 3.10% |
| 7 | Fifth Third Bank | 880 | $386.4M | $439K | 3.86% |
| 8 | PNC Bank, National Association | 770 | $186.6M | $242K | 1.82% |
| 9 | Telhio Credit Union Inc | 704 | $155.4M | $221K | 1.85% |
| 10 | Alloy Development Co., Inc. | 655 | $482.0M | $736K | 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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504 lenders (CDCs) in Ohio
An SBA 504 project in Ohio pairs two lenders: a bank or credit union funds roughly half the cost as a first mortgage, and a Certified Development Company (CDC) funds about 40% through an SBA-backed debenture, with the borrower putting down around 10%. Below are the CDCs most active on 504 loans in Ohio, ranked by 504 loans funded in the state since FY2010. Figures are 504-only; charge-off is reported on 7(a) loans only and does not apply to CDCs.
| CDC | 504 loans | 504 volume |
|---|---|---|
| Alloy Development Co., Inc. | 655 | $482.0M |
| Growth Capital Corp. | 599 | $387.3M |
| Ohio Statewide Development Corporation | 472 | $255.4M |
| Community Capital Development Corporation | 463 | $258.0M |
| Cascade Capital Corporation | 227 | $160.6M |
| Northwest Ohio Development Assistance Corporation | 129 | $76.2M |
| Citywide Small Business Development Corporation | 119 | $54.0M |
| Valley Economic Development Partners, Inc. | 118 | $71.4M |
| West Central Partnership, Inc. | 117 | $101.7M |
| Mentor Economic Assistance Corporation | 32 | $13.8M |
Showing the 10 CDCs most active on 504 loans in Ohio; the full directory lists every CDC.
All Certified Development Companies · Current 504 loan rates · How 504 loans work
Top industries funded in Ohio
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 6,802 | $3.0B |
| Manufacturing | 4,596 | $2.3B |
| Health Care and Social Assistance | 4,205 | $1.6B |
| Retail Trade | 5,907 | $1.5B |
| Construction | 8,125 | $1.3B |
| Other Services | 4,619 | $1.1B |
| Professional and Technical Services | 4,286 | $1.1B |
| Wholesale Trade | 2,004 | $882.6M |
Top cities for SBA loans in Ohio
Where SBA 7(a) and 504 borrowers in Ohio are located, by funded volume.
| City | Loans | Total volume |
|---|---|---|
| Columbus | 4,855 | $1.5B |
| Cincinnati | 3,564 | $1.3B |
| Cleveland | 2,333 | $671.9M |
| Dayton | 1,542 | $514.9M |
| Akron | 1,165 | $347.3M |
| Toledo | 1,063 | $324.0M |
| West Chester | 454 | $180.5M |
| Dublin | 610 | $170.2M |
SBA lending by metro area in Ohio
Which lenders fund each Ohio market, with local loan sizes and industries.
- SBA lenders in Columbus, OH 12,286 loans
- SBA lenders in Cleveland, OH 12,951 loans
- SBA lenders in Cincinnati, OH 9,317 loans
- SBA lenders in Akron, OH 4,150 loans
- SBA lenders in Dayton, OH 3,284 loans
- SBA lenders in Toledo, OH 2,558 loans
- SBA lenders in Canton, OH 2,277 loans
- SBA lenders in Youngstown, OH 2,039 loans
- SBA lenders in Huntington, WV 531 loans
- SBA lenders in Sandusky, OH 492 loans
- SBA lenders in Findlay, OH 371 loans
- SBA lenders in Salem, OH 551 loans
- SBA lenders in Mansfield, OH 331 loans
- SBA lenders in Springfield, OH 297 loans
- SBA lenders in Wheeling, WV 303 loans
- SBA lenders in Lima, OH 288 loans
- SBA lenders in New Philadelphia, OH 393 loans
- SBA lenders in Zanesville, OH 495 loans
- SBA lenders in Wooster, OH 430 loans
- SBA lenders in Fremont, OH 205 loans
- SBA lenders in Tiffin, OH 222 loans
- SBA lenders in Weirton, WV 299 loans
- SBA lenders in Defiance, OH 126 loans
- SBA lenders in Marietta, OH 110 loans
- SBA lenders in Mount Vernon, OH 159 loans
- SBA lenders in Norwalk, OH 119 loans
- SBA lenders in Cambridge, OH 169 loans
- SBA lenders in Marion, OH 152 loans
- SBA lenders in Ashland, OH 252 loans
- SBA lenders in Portsmouth, OH 102 loans
- SBA lenders in Sidney, OH 105 loans
- SBA lenders in Bellefontaine, OH 219 loans
- SBA lenders in Wilmington, OH 104 loans
- SBA lenders in Chillicothe, OH 137 loans
- SBA lenders in Washington Court House, OH 99 loans
- SBA lenders in Greenville, OH 83 loans
- SBA lenders in Athens, OH 54 loans
- SBA lenders in Bucyrus, OH 90 loans
- SBA lenders in Wapakoneta, OH 83 loans
- SBA lenders in Celina, OH 59 loans
- SBA lenders in Van Wert, OH 43 loans
- SBA lenders in Coshocton, OH 53 loans
- SBA lenders in Urbana, OH 63 loans
SBA lending in Ohio by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 2,236 | $481.4M |
| 2011 | 3,228 | $760.0M |
| 2012 | 2,841 | $707.9M |
| 2013 | 3,070 | $714.2M |
| 2014 | 3,795 | $788.7M |
| 2015 | 4,006 | $920.2M |
| 2016 | 3,605 | $972.2M |
| 2017 | 3,463 | $1.0B |
| 2018 | 3,595 | $1.0B |
| 2019 | 3,029 | $960.8M |
| 2020 | 2,714 | $882.0M |
| 2021 | 3,502 | $1.3B |
| 2022 | 3,740 | $1.2B |
| 2023 | 3,760 | $1.1B |
| 2024 | 3,964 | $1.2B |
| 2025 | 3,465 | $1.4B |
| 2026 | 1,089 | $587.7M |
SBA lending in Ohio: frequently asked questions
How much SBA lending is there in Ohio?
SBA lenders funded 55,102 7(a) and 504 loans totaling $16.0B in Ohio in the public SBA data (as of 2026-03-31), an average of $290K per loan.
Who is the most active SBA lender in Ohio?
The Huntington National Bank is the most active SBA lender in Ohio in the public data, by loans funded.
What industries get the most SBA loans in Ohio?
The most-funded industry for SBA loans in Ohio is Accommodation and Food Services.
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