Ohio SBA Loan Data

93,551 loans totaling $22.5B across all SBA programs.

Total Loans
93,551
1991–2025
Total Volume
$22.5B
Gross approval amount
Avg Loan Size
$240K
Median: $80K
Avg Interest Rate
6.92%
Default rate: 10.0%

Ohio Loan Status

Active18.8%
Paid in Full58.3%
Charged Off8.6%
Cancelled12.7%
Committed1.5%

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Ohio Annual Lending Volume

Number of Loans per Year

Top Industries

Loan Size Distribution

Top Lenders in Ohio

LenderLoansVolumeAvg SizeAvg RateDefault Rate
The Huntington National Bank39,185$6.2B$157K6.71%6.5%
KeyBank National Association3,762$970.4M$258K7.32%8.6%
JPMorgan Chase Bank, National Association5,723$769.4M$134K7.28%14.5%
PNC Bank, National Association5,614$745.2M$133K7.23%17.6%
U.S. Bank, National Association4,772$707.3M$148K7.85%13.5%
Fifth Third Bank2,544$678.1M$267K6.28%10.3%
Live Oak Banking Company473$597.1M$1.3M6.89%1.2%
First Financial Bank1,219$425.9M$349K5.67%6.8%
WesBanco Bank, Inc.816$332.9M$408K6.48%14.6%
First Commonwealth Bank622$330.6M$532K7.31%3.5%
Peoples Bank917$323.6M$353K6.63%8.4%
Readycap Lending, LLC605$317.3M$524K10.65%20.9%
United Midwest Savings Bank National Association462$316.2M$684K7.94%7.9%
Celtic Bank Corporation410$223.9M$546K7.17%11.5%
Wells Fargo Bank National Association607$215.1M$354K6.62%24.0%
Byline Bank152$205.4M$1.4M7.30%9.4%
Northwest Bank697$205.4M$295K7.01%8.3%
GBank70$195.4M$2.8M7.74%0.0%
Citizens Bank, National Association3,509$194.0M$55K6.79%22.0%
Newtek Small Business Finance, Inc.235$161.2M$686K7.08%10.8%
Telhio Credit Union Inc693$152.7M$220K7.66%2.2%
German American Bank584$150.9M$258K6.32%3.8%
THE HUNTINGTON NATIONAL BANK310$145.5M$469KN/A1.1%
Shoreham Bank59$143.1M$2.4M8.31%0.0%
First Western SBLC, Inc85$133.3M$1.6M6.55%1.4%

Top Counties in Ohio

CountyLoansVolume
Franklin13,437$3.2B
Cuyahoga12,766$2.8B
Hamilton6,852$2.0B
Summit5,299$1.3B
Montgomery4,077$1.2B
Lucas3,441$783.0M
Butler2,522$732.1M
Stark3,477$663.7M
Lake2,763$614.4M
Delaware2,435$582.3M
Warren1,748$554.6M
Lorain2,415$522.7M
Medina2,016$467.0M
Mahoning2,033$459.4M
Clermont1,668$453.4M
Portage1,491$332.3M
Licking1,543$322.2M
Greene959$281.9M
Fairfield1,124$266.6M
Wood1,062$264.6M
Trumbull1,578$241.7M
Miami844$233.2M
Geauga1,215$229.7M
Hancock593$174.9M
Columbiana850$168.1M
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