SBA 7(a) loans in Ohio
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
8,152loans approved
$105,000median loan
$50K–$326Kmiddle half of loans
$3.1Btotal approved
10%median initial rate
10 yrsmedian term
The median Ohio loan is 40% smaller than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| General Freight Trucking, Long-Distance, Truckload (484121) | 332 | $65,900 |
| Full-Service Restaurants (722511) | 309 | $120,000 |
| Residential Remodelers (236118) | 276 | $50,000 |
| Limited-Service Restaurants (722513) | 256 | $199,000 |
| All Other Specialty Trade Contractors (238990) | 205 | $100,000 |
| General Freight Trucking, Local (484110) | 202 | $68,000 |
| Landscaping Services (561730) | 183 | $50,000 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 156 | $150,000 |
| Fitness and Recreational Sports Centers (713940) | 144 | $146,050 |
| Home Health Care Services (621610) | 135 | $100,000 |
Most active lenders in Ohio
| Lender | Loans | Median | Total |
|---|---|---|---|
| The Huntington National Bank | 4,303 | $64,000 | $849.7M |
| U.S. Bank, National Association | 441 | $50,000 | $129.4M |
| Keybank National Association | 291 | $200,000 | $131.0M |
| Newtek Bank, National Association | 157 | $175,000 | $59.8M |
| Telhio Credit Union INC | 156 | $117,000 | $36.4M |
| Live Oak Banking Company | 148 | $500,000 | $167.3M |
| First Commonwealth Bank | 146 | $362,700 | $104.9M |
| Readycap Lending, LLC | 142 | $50,000 | $51.3M |
| Northeast Bank | 124 | $100,000 | $15.4M |
| JPMorgan Chase Bank, National Association | 119 | $200,000 | $30.0M |
SBA 504 loans in Ohio
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
356504 loans approved
$686,500median CDC portion
$379.5Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Ohio
| Lender | Loans | Median | Total |
|---|---|---|---|
| Alloy Development Co., INC. | 90 | $1,060,000 | $131.6M |
| Community Capital Development Corporation | 64 | $630,000 | $52.9M |
| Growth Capital Corp. | 52 | $649,500 | $50.8M |
| Ohio Statewide Development Corporation | 41 | $530,000 | $29.3M |
| Cascade Capital Corporation | 30 | $1,021,500 | $41.3M |
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What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.