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SBA Lenders Actively Funding Businesses in Ohio

Since 2020, 365 different SBA lenders have approved23,759 loans for businesses in Ohio. The table below ranks the most active by loans actually made in the state, not by advertising budget. A lender headquartered elsewhere that funds heavily in Ohiobeats a local name that rarely writes SBA loans.

Most active SBA lenders in Ohio

LenderOH loans since 2020Median loanMedian rate
The Huntington National Bank11,672$95K9.5%
U.S. Bank, National Association720$45K8.51%
KeyBank National Association718$100K9.24%
Alloy Development Co., Inc.555$377Kn/a
Telhio Credit Union Inc373$150K9.5%
First Commonwealth Bank336$390K9%
Live Oak Banking Company270$785K8.35%
The Huntington National Bank265$500Kn/a
PNC Bank, National Association253$50K9.4%
Fifth Third Bank227$200K8%
United Midwest Savings Bank National Association210$150K9.75%
Peoples Bank199$288K7.5%
BayFirst National Bank190$150K12.25%
First Financial Bank184$590K7.5%
Readycap Lending, LLC181$150K11.25%
JPMorgan Chase Bank, National Association181$185K10.65%
Newtek Bank, National Association167$200K11.25%
WesBanco Bank, Inc.161$268K8%
JPMorgan Chase Bank, National Association156$640Kn/a
Northwest Bank139$194K9.5%
Northeast Bank128$103K10.75%
Celtic Bank Corporation127$150K10.25%
KeyBank National Association122$625Kn/a
GBank61$2.4M8.25%
Byline Bank58$800K9.5%

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Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records. Loan counts reflect projects located in Ohio. Figures describe past lending activity only and are not offers, quotes, or qualification decisions. Big Brain Funding is not a lender and is not affiliated with any lender listed.