In fiscal years 2021–2026, 236 lenders made 19,138 SBA loans in Ohio, totaling $6.3 billion. The average loan was $329,460, and 31% went to startups or businesses under two years old.
By program: 8,949 7(a) loans, 10,189 SBA Express and 0 504 (counting both the CDC and partner bank on each project).
Top 10 most active SBA lenders in Ohio
| # | Lender | SBA loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 11,343 | $168,396 | 27% | 7(a), Express |
| 2 | U.S. Bank, National Association Cincinnati, OH | 766 | $217,274 | 29% | 7(a), Express |
| 3 | KeyBank National Association Cleveland, OH | 739 | $405,440 | 65% | 7(a), Express |
| 4 | Telhio Credit Union Inc Columbus, OH | 395 | $275,502 | 42% | 7(a), Express |
| 5 | First Commonwealth Bank Indiana, PA | 336 | $764,837 | 49% | 7(a), Express |
| 6 | Newtek Bank, National Association Miami, FL | 269 | $426,800 | 21% | 7(a), Express |
| 7 | Live Oak Banking Company Wilmington, NC | 266 | $1,302,058 | 22% | 7(a), Express |
| 8 | Northeast Bank Lewiston, ME | 265 | $140,525 | 14% | 7(a) |
| 9 | PNC Bank, National Association Wilmington, DE | 236 | $274,914 | 43% | 7(a), Express |
| 10 | Fifth Third Bank Cincinnati, OH | 214 | $548,648 | 36% | 7(a), Express |
Lenders that fund the most startups in Ohio
- The Huntington National Bank — 3,022 startup loans (27% of its loans)
- KeyBank National Association — 483 startup loans (65% of its loans)
- U.S. Bank, National Association — 225 startup loans (29% of its loans)
- Telhio Credit Union Inc — 166 startup loans (42% of its loans)
- First Commonwealth Bank — 163 startup loans (49% of its loans)
SBA loans by industry in Ohio
- Construction3,097 loans
- Trucking & Transportation2,330 loans
- Restaurants & Lodging2,220 loans
- Personal Services & Repair1,795 loans
- Retail Stores1,769 loans
- Health Care1,594 loans
- Professional Services1,396 loans
- Manufacturing1,367 loans
- Cleaning, Landscaping & Admin1,173 loans
- Fitness & Entertainment658 loans
- Wholesale & Distribution592 loans
- Real Estate & Rental366 loans
- Education & Childcare240 loans
- Media & Technology124 loans
- Agriculture & Fishing106 loans
Related guides
Frequently asked questions
Which lenders make the most SBA loans in Ohio?
Based on public SBA data for fiscal years 2021–2026, the most active were The Huntington National Bank, U.S. Bank, National Association, KeyBank National Association. Also compare their average loan size and how much they lend to startups.
How many SBA loans were made in Ohio?
19,138 SBA loans totaling $6.3 billion in fiscal years 2021–2026, with an average of $329,460.
Can I get an SBA loan in Ohio with a green card?
No. Since March 2026, all owners must be U.S. citizens or nationals for SBA 7(a) and 504 loans. CDFIs and some credit unions are good alternatives.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.