In the heart of the Midwest, Ohio stands as a hub for businesses seeking to thrive, and Small Business Administration (SBA) loans play a pivotal role in supporting local entrepreneurs. Here’s an overview of the top SBA lenders in Ohio, each contributing to the economic landscape with a unique set of strengths and opportunities:
Ohio Preferred SBA Lenders
| Rank | Bank | Bank HQ | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | Columbus, OH | 2026 | $148,450 | 6.8% |
| 2 | U.S. Bank | Cincinnati, OH | 152 | $108,813 | 7.1% |
| 3 | KeyBank | Cleveland, OH | 104 | $432,995 | 7.5% |
| 4 | First Commonwealth Bank | Indiana, PA | 51 | $904,763 | 6.9% |
| 5 | Telhio CU Inc | Columbus, OH | 49 | $390,416 | 7.1% |
| 6 | The Community Bank | Zanesville, OH | 43 | $81,826 | 5.8% |
| 7 | PNC Bank | Wilmington, DE | 42 | $189,019 | 7.8% |
| 8 | BayFirst National Bank | Saint Petersburg, FL | 32 | $323,700 | 8.4% |
| 9 | Live Oak | Wilmington, NC | 32 | $1,631,469 | 6.7% |
| 10 | United Midwest Savings Bank | De Graff, OH | 30 | $1,127,667 | 6.7% |
| 11 | Fifth Third Bank | Cincinnati, OH | 24 | $515,871 | 6.8% |
| 12 | Peoples Bank | Marietta, OH | 24 | $290,004 | 6.7% |
| 13 | Newtek Small Business Finance | Lake Success, NY | 22 | $625,227 | 7.7% |
| 14 | Premier Bank | Youngstown, OH | 22 | $728,191 | 6.5% |
| 15 | Consumers National Bank | Minerva, OH | 18 | $179,733 | 6.1% |
| 16 | Economic and Community Development Institute | Columbus, OH | 18 | $159,656 | 8.9% |
| 17 | Growth Capital Corporation | Cleveland, OH | 18 | $162,500 | 10.5% |
| 18 | Readycap Lending, LLC | Berkeley Heights, NJ | 18 | $392,972 | 7.9% |
| 19 | Celtic Bank | Salt Lake City, UT | 16 | $1,885,463 | 7.4% |
| 20 | First Financial Bank | Cincinnati, OH | 16 | $524,225 | 5.7% |
| 21 | RiverHills Bank | Milford, OH | 15 | $726,373 | 5.6% |
| 22 | BancorpSouth Bank | Tupelo, MS | 13 | $294,492 | 7.1% |
| 23 | CFBank | Worthington, OH | 13 | $2,202,000 | 7.1% |
| 24 | KEMBA Financial CU | Gahanna, OH | 12 | $345,625 | 6.9% |
| 25 | Wright Patt CU Inc | Beavercreek, OH | 12 | $2,404,200 | 6.8% |
| 26 | Bank of George | Las Vegas, NV | 11 | $2,943,000 | 6.1% |
| 27 | Gbank | Las Vegas, NV | 11 | $2,943,000 | 6.1% |
| 28 | Heartland Bank | Whitehall, OH | 11 | $239,355 | 7.4% |
| 29 | Byline Bank | Chicago, IL | 10 | $1,128,150 | 7.0% |
| 30 | JPMorgan Chase Bank | Columbus, OH | 9 | $193,722 | 7.9% |
| 31 | The Park National Bank | Newark, OH | 8 | $554,825 | 6.5% |
| 32 | CenterBank | Milford, OH | 7 | $229,857 | 5.9% |
| 33 | First Chatham Bank | Savannah, GA | 7 | $1,594,100 | 7.9% |
| 34 | First Federal S&L of Lakewood | Lakewood, OH | 7 | $414,657 | 5.4% |
| 35 | Northwest Bank | Warren, PA | 7 | $354,886 | 5.8% |
| 36 | The State Bank and Trust Company | Defiance, OH | 7 | $539,614 | 5.9% |
| 37 | First National Bank of Pennsylvania | Greenville, PA | 6 | $872,867 | 8.9% |
| 38 | Home Loan Investment Bank | Warwick, RI | 6 | $2,605,833 | 7.0% |
| 39 | North Valley Bank | Zanesville, OH | 6 | $1,380,167 | 7.3% |
| 40 | Pacific Western Bank | Beverly Hills, CA | 6 | $914,550 | 7.0% |
1. The Huntington National Bank
With an impressive 2,026 SBA loans, The Huntington National Bank, based in Columbus, OH, is a key player in Ohio’s business scene. Focused on regional growth, the bank offers businesses moderate-sized loans at an attractive average interest rate of 6.8%.
2. U.S. Bank
U.S. Bank, headquartered in Cincinnati, OH, extends its services to Ohio with 152 SBA loans. As a national player, the bank provides businesses with accessible financing through smaller loan amounts, coupled with a competitive average interest rate.
3. KeyBank
KeyBank, rooted in Cleveland, OH, actively contributes to Ohio’s SBA lending landscape with 104 loans. Striking a balance between accessibility and substantial funding, it caters to businesses with varying financial needs at a competitive interest rate.
4. First Commonwealth Bank
First Commonwealth Bank, originating from Indiana, PA, actively supports Ohio businesses with 51 SBA loans. Specializing in substantial financing, it caters to businesses with significant funding needs at a competitive interest rate.
5. Telhio CU Inc
Telhio CU Inc, based in Columbus, OH, provides 49 SBA loans to local businesses. As a credit union, it offers a cooperative financial approach, providing accessible financing with a competitive average interest rate.
6. The Community Bank
The Community Bank, located in Zanesville, OH, stands as a local player contributing to Ohio’s SBA lending landscape with 43 loans. Focused on smaller-sized loans, it offers businesses accessibility at a favorable average interest rate of 5.8%.
7. PNC Bank
PNC Bank, headquartered in Wilmington, DE, plays a crucial role in Ohio’s SBA lending landscape with 42 loans. Striking a balance between loan quantity and size, it caters to businesses with varying financial needs at a competitive interest rate.
8. BayFirst National Bank
BayFirst National Bank, though based in Saint Petersburg, FL, actively participates in Ohio’s SBA lending landscape. Providing 32 loans, it stands as a reliable option for businesses seeking accessible financing with a moderate interest rate.
9. Live Oak
Live Oak, headquartered in Wilmington, NC, is a notable player in Ohio’s SBA lending landscape. With a focus on high-value loans (32 loans averaging $1,631,469), it caters to businesses with substantial financing needs at a competitive interest rate.
10. United Midwest Savings Bank
United Midwest Savings Bank, based in De Graff, OH, extends its services to Ohio with 30 loans averaging $1,127,667. Striking a balance between accessibility and loan size, it provides a reliable option for businesses seeking moderate financing at a competitive interest rate.
In conclusion, Ohio businesses have a diverse array of SBA lending options, ranging from local institutions to nationally recognized banks. Entrepreneurs should carefully consider factors such as the lender’s regional focus, loan quantity, average loan amount, and interest rates to make informed decisions that align with their business objectives. Whether seeking smaller, more accessible loans or substantial financial support, these top SBA lenders offer valuable resources to navigate the dynamic business environment in the Buckeye State.
Top Industries for SBA loans in Ohio
| Rank | Industry | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 1 | General Freight Trucking, Long Distance, Truckload | 252 | $100,772 | 7.0% |
| 2 | Residential Remodelers | 146 | $135,822 | 7.2% |
| 3 | Full-Service Restaurants | 133 | $266,817 | 7.1% |
| 4 | General Freight Trucking, Local | 84 | $130,681 | 7.3% |
| 5 | Landscaping Services | 78 | $67,331 | 6.9% |
| 6 | All Other Specialty Trade Contractors | 74 | $194,323 | 6.9% |
| 7 | Limited-Service Restaurants | 72 | $335,279 | 6.7% |
| 8 | Hotels (except Casino Hotels) and Motels | 63 | $2,814,729 | 6.3% |
| 9 | Home Health Care Services | 61 | $235,195 | 6.7% |
| 10 | Plumbing, Heating, and Air-Conditioning Contractors | 59 | $246,066 | 6.7% |
| 11 | General Automotive Repair | 53 | $206,551 | 6.7% |
| 12 | Beauty Salons | 43 | $141,193 | 7.2% |
| 13 | Fitness and Recreational Sports Centers | 43 | $269,984 | 6.9% |
| 14 | Site Preparation Contractors | 38 | $282,076 | 6.5% |
| 15 | Electrical Contractors | 36 | $161,506 | 7.5% |
| 16 | Other Personal Care Services | 36 | $293,300 | 6.8% |
| 17 | Insurance Agencies and Brokerages | 34 | $267,306 | 6.9% |
| 18 | Pet Care (except Veterinary) Services | 31 | $281,719 | 6.4% |
| 19 | All Other Personal Services | 31 | $105,981 | 6.9% |
| 20 | Child Day Care Services | 30 | $576,930 | 6.7% |
| 21 | Snack and Nonalcoholic Beverage Bars | 30 | $204,140 | 7.0% |
| 22 | Offices of Dentists | 28 | $1,117,489 | 6.5% |
| 23 | Specialized Freight (except Used Goods) Trucking, Local | 26 | $80,315 | 7.2% |
| 24 | All Other Professional, Scientific, and Technical Services | 23 | $181,500 | 6.5% |
| 25 | Janitorial Services | 23 | $139,091 | 6.9% |
| 26 | All Other Amusement and Recreation Industries | 23 | $553,596 | 6.9% |
| 27 | Painting and Wall Covering Contractors | 21 | $113,038 | 6.7% |
| 28 | Supermarkets and Other Grocery (except Convenience) Stores | 20 | $316,270 | 7.9% |
| 29 | Roofing Contractors | 20 | $161,640 | 7.0% |
| 30 | Mobile Food Services | 20 | $70,150 | 7.7% |
| 31 | Offices of All Other Miscellaneous Health Practitioners | 19 | $161,705 | 6.8% |
| 32 | Machine Shops | 19 | $233,868 | 6.3% |
| 33 | Drinking Places (Alcoholic Beverages) | 19 | $485,368 | 7.0% |
| 34 | Car Washes | 18 | $1,059,417 | 7.2% |
| 35 | Offices of Physicians (except Mental Health Specialists) | 18 | $234,261 | 7.4% |
| 36 | Offices of Chiropractors | 17 | $88,741 | 6.6% |
| 37 | Poured Concrete Foundation and Structure Contractors | 17 | $574,794 | 6.8% |
| 38 | Freight Transportation Arrangement | 17 | $188,100 | 7.2% |
| 39 | Finish Carpentry Contractors | 17 | $75,371 | 6.9% |
| 40 | Masonry Contractors | 16 | $107,813 | 7.5% |
Top SBA Loan Franchises in Ohio
| Rank | FranchiseName | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 1 | Quality Inn | 9 | $2,578,556 | 7.1% |
| 2 | The UPS Store | 6 | $389,317 | 6.6% |
| 3 | Hammer & Nails | 6 | $374,833 | 6.9% |
| 4 | Pulp Juice and Smoothie Bar | 6 | $111,483 | 6.6% |
| 5 | Biggby Coffee | 6 | $235,817 | 6.2% |
| 6 | Days Inn | 5 | $2,982,800 | 6.2% |
| 7 | Minuteman Press | 5 | $243,100 | 6.9% |
| 8 | Sleep Inn | 4 | $2,464,250 | 5.1% |
| 9 | Rodeway Inn | 4 | $1,713,750 | 5.3% |
| 10 | Holiday Inn Express | 4 | $4,215,000 | 6.1% |
| 11 | Econo Lodge | 4 | $1,226,500 | 6.1% |
| 12 | Visiting Angels | 4 | $529,325 | 4.6% |
| 13 | Comfort Inn | 4 | $2,243,500 | 6.8% |
| 14 | Jimmy John’s | 4 | $598,200 | 5.8% |
| 15 | X-Golf | 4 | $970,175 | 8.6% |
| 16 | USA Ninja Challenge | 3 | $180,100 | 6.7% |
| 17 | Hounds Town USA | 3 | $485,667 | 5.0% |
| 18 | Zoom Room | 3 | $199,233 | 8.4% |
| 19 | Jersey Mike’s | 3 | $482,267 | 5.4% |
| 20 | PuroClean | 3 | $173,000 | 7.2% |
| 21 | Subway | 3 | $324,333 | 6.4% |
| 22 | Fairfield Inn by Marriott | 3 | $5,000,000 | 7.6% |
| 23 | Biggby Coffee | 3 | $315,167 | 7.5% |
| 24 | Comfort Suites | 3 | $4,536,000 | 6.9% |
| 25 | Smoothie King | 3 | $333,633 | 6.4% |
| 26 | Premier Martial Arts Studio | 2 | $151,500 | 5.5% |
| 27 | Blingle! | 2 | $283,450 | 9.0% |
| 28 | Stretch Lab | 2 | $142,500 | 7.0% |
| 29 | Hydrate Me | 2 | $263,100 | 5.8% |
| 30 | Junk King | 2 | $150,000 | 6.3% |
| 31 | 360 Painting | 2 | $150,000 | 6.0% |
| 32 | Fresh Coat | 2 | $606,000 | 6.8% |
| 33 | Paul Davis Restoration | 2 | $2,265,000 | 9.5% |
| 34 | Comfort Keepers | 2 | $549,450 | 7.8% |
| 35 | The Brothers that just do Gutt | 2 | $150,000 | 6.0% |
| 36 | Crumbl | 2 | $567,400 | 5.3% |
| 37 | Cold Stone Creamery | 2 | $65,000 | 6.0% |
| 38 | Blingle! | 2 | $200,000 | 8.3% |
| 39 | Pirtek | 2 | $285,000 | 5.5% |
| 40 | Dog Training Elite | 2 | $150,000 | 8.3% |
Top Ohio SBA Loan Borrowers by Jobs Supported
| Rank | Business | Location | Industry | Loan Size | Interest Rate | Jobs |
|---|---|---|---|---|---|---|
| 1 | MIRKIN & ASSOCIATES INC. | Youngstown, OH | Home Health Care Services | $500K – $1M | 7.8% | 300 |
| 2 | DPD TRANSPORTATION LOGISTICS & | Centerville, OH | General Freight Trucking, Long Distance, Truckload | $250K or less | 7.6% | 262 |
| 3 | THE NATELLI GROUP FAMILY LLC | Canton, OH | Limited-Service Restaurants | $1M – $2.5M | 4.8% | 160 |
| 4 | BRIGHTER HORIZONS RESIDENTIAL | Madison, OH | Other Residential Care Facilities | $250K – $500K | 8.3% | 157 |
| 5 | DIVERSIFIED SYSTEMS INC | Westerville, OH | Custom Computer Programming Services | $1M – $2.5M | 8.3% | 155 |
| 6 | ALTA HOME HEALTHCARE LLC | Columbus, OH | Home Health Care Services | $1M – $2.5M | 5.5% | 150 |
| 7 | L SQUARED PROPERTIES LTD. | Brooklyn Heights, OH | Metal Coating, Engraving (except Jewelry and Silverware), and Allied S | $1M – $2.5M | 6.8% | 145 |
| 8 | APPLIED METALS TECHNOLOGIES L | Brooklyn Heights, OH | Metal Coating, Engraving (except Jewelry and Silverware), and Allied S | $2.5M – $5M | 7.5% | 145 |
| 9 | THE W NAIL BAR GROUP LLC | Columbus, OH | Nail Salons | $500K – $1M | 6.0% | 140 |
| 10 | BERRAN INDUSTRIAL GROUP INC | Akron, OH | All Other Miscellaneous Manufacturing | $1M – $2.5M | 6.0% | 136 |
| 11 | ZOD LLC | Columbus, OH | Drinking Places (Alcoholic Beverages) | $2.5M – $5M | 3.8% | 122 |
| 12 | OLSON HOMECARE LLC | Elyria, OH | Home Health Care Services | $500K – $1M | 5.5% | 120 |
| 13 | EDUCARE LEARNING SOLUTIONS LLC | Ottawa, OH | Exam Preparation and Tutoring | $1M – $2.5M | 9.0% | 120 |
| 14 | AMAZE BOWLS LLC | New Albany, OH | Limited-Service Restaurants | $250K – $500K | 4.8% | 110 |
| 15 | MLH CINCINNATI USA LLC | Cincinnati, OH | Full-Service Restaurants | $1M – $2.5M | 4.8% | 106 |
| 16 | THREE PUPS INC. | Dayton, OH | All Other Professional, Scientific, and Technical Services | $250K or less | 9.0% | 100 |
| 17 | DJ STEAKBURGERS LLC | Farmdale, OH | Full-Service Restaurants | $250K or less | 5.0% | 100 |
| 18 | PANACEA LUXURY SPA BOUTIQUE L | Columbus, OH | Other Personal Care Services | $2.5M – $5M | 5.0% | 100 |
| 19 | DEJULIUS LLC | Cincinnati, OH | $1M – $2.5M | 8.0% | 95 | |
| 20 | GEMINI SOLAR LLC | Groveport, OH | Other Building Equipment Contractors | $250K – $500K | 8.0% | 94 |
| 21 | DOZIER LIMITED | West Chester, OH | Limited-Service Restaurants | $250K or less | 6.9% | 90 |
| 22 | KNIGHT ELECTRIC LLC | Columbus, OH | Electrical Contractors | $250K – $500K | 7.5% | 90 |
| 23 | PARSONS CONCRETE CONTRACTORS | Akron, OH | Poured Concrete Foundation and Structure Contractors | $1M – $2.5M | 6.5% | 90 |
| 24 | BOGGESS INC. | Cincinnati, OH | Electrical Contractors | $250K – $500K | 6.0% | 88 |
| 25 | PATRIOT HAULERS LLC | Lancaster, OH | Site Preparation Contractors | $2.5M – $5M | 5.5% | 85 |
| 26 | SOUTH BAY BESSIE LLC | Grand River, OH | Full-Service Restaurants | $250K – $500K | 9.0% | 84 |
| 27 | MICKUNAS LLC | Akron, OH | Automobile and Other Motor Vehicle Merchant Wholesalers | $1M – $2.5M | 7.5% | 84 |
| 28 | PRICELESS COOKIES 03 LLC | Grove City, OH | Baked Goods Stores | $500K – $1M | 5.5% | 82 |
| 29 | THE MAKEUP INSTITUTE LTD | Cleveland, OH | Beauty Salons | $250K or less | 9.0% | 80 |
| 30 | RON SCHULMAN HOLDINGS LLC | Worthington, OH | Home Health Care Services | $250K – $500K | 8.3% | 80 |
| 31 | SCREENMOBILE COLUMBUS LLC | Columbus, OH | $250K or less | 5.3% | 75 | |
| 32 | SIXMO INC | Marietta, OH | Engineering Services | $250K – $500K | 8.0% | 74 |
| 33 | SPRING HOME HEALTH CARE LLC | Gahanna, OH | Home Health Care Services | $250K – $500K | 7.1% | 70 |
| 34 | CASSESE’S MVR INC. | Youngstown, OH | Full-Service Restaurants | $500K – $1M | 8.3% | 70 |
| 35 | ARCHWAYS HARRISON INC. | Harrison, OH | Limited-Service Restaurants | $1M – $2.5M | 5.5% | 70 |
| 36 | SOCRATES RESTAURANTS LLC | Dayton, OH | Full-Service Restaurants | $250K – $500K | 7.8% | 68 |
| 37 | NORDEN MFG LLC | North Bloomfield, OH | Farm Machinery and Equipment Manufacturing | $1M – $2.5M | 7.0% | 68 |
| 38 | INNOVATIVE INTERIOR CONSTRUCTI | Columbia Station, OH | Industrial Building Construction | $250K – $500K | 6.8% | 66 |
| 39 | MAGNIFICENT MORSELS CATERING L | Cincinnati, OH | Caterers | $250K or less | 6.2% | 64 |
| 40 | PEP-CSU LLC | Cleveland, OH | Snack and Nonalcoholic Beverage Bars | $250K or less | 7.5% | 64 |
| 41 | BENCHMARK ENTERPRISES LLC | Mason, OH | Home Health Care Services | $1M – $2.5M | 6.3% | 64 |
| 42 | LAVIS LLC | Geneva, OH | Full-Service Restaurants | $250K or less | 6.0% | 62 |
| 43 | HEART O’ GOLD HOME CARE LLC | Canton, OH | Home Health Care Services | $250K or less | 6.8% | 61 |
| 44 | ANSTINE MACHINING CORP | Alliance, OH | $1M – $2.5M | 5.0% | 60 | |
| 45 | LANE AVE LLC | Shaker Heights, OH | Limited-Service Restaurants | $1M – $2.5M | 4.5% | 60 |
| 46 | SPARKLE K’S | Toledo, OH | Car Washes | $2.5M – $5M | 6.0% | 60 |
| 47 | ROLLING ENTERPRISES INC. | Moraine, OH | All Other Miscellaneous Fabricated Metal Product Manufacturing | $1M – $2.5M | 6.8% | 59 |
| 48 | ZEVS INC | Mayfield Hts, OH | General Freight Trucking, Long Distance, Truckload | $250K or less | 6.7% | 56 |
| 49 | 180 OUTERBELT LLC | Columbus, OH | Other Activities Related to Real Estate | $500K – $1M | 7.3% | 56 |
| 50 | BEAVERCREEK COOKIE LEGACY LLC | Beavercreek, OH | Baked Goods Stores | $500K – $1M | 5.2% | 55 |
| 51 | EDUCATION UNLIMITED INC. | Delaware, OH | Child Day Care Services | $1M – $2.5M | 6.0% | 54 |
| 52 | PLATINUM REHABILITATION LTD | Mayfield Heights, OH | Home Health Care Services | $250K or less | 6.3% | 53 |
| 53 | EPHIPHANY HOME CARE @ BEST LLC | Cincinnati, OH | Home Health Care Services | $250K or less | 7.5% | 52 |
| 54 | DIFFERENTIAL DEV SHOP LLC | Cincinnati, OH | Custom Computer Programming Services | $500K – $1M | 8.8% | 52 |
| 55 | BASTIN HOME INC | Williamsburg, OH | Residential Mental Retardation Facilities | $500K – $1M | 8.8% | 52 |
| 56 | LILA INVESTMENT LLC | Toledo, OH | Limited-Service Restaurants | $1M – $2.5M | 7.5% | 52 |
| 57 | KTB MANAGEMENT LLC | Tallmadge, OH | All Other Personal Services | $250K or less | 9.0% | 51 |
| 58 | FOREST VIEW ROSSFORD LANES LLC | Rossford, OH | Bowling Centers | $500K – $1M | 8.0% | 51 |
| 59 | HOPPIN VINES LLC | Cincinnati, OH | Drinking Places (Alcoholic Beverages) | $250K or less | 9.8% | 50 |
| 60 | STAFF NOW INC. | South Bloomfield, OH | Employment Placement Agencies | $250K or less | 7.5% | 50 |
| 61 | KIDDOS ABA THERAPY LLC | Ottawa, Oh 45875, OH | Child and Youth Services | $250K or less | 6.3% | 50 |
| 62 | 7802 MUNSON REALTY LLC | Mentor On Lake, OH | Full-Service Restaurants | $250K – $500K | 8.8% | 50 |
| 63 | BARONS JJ LTD | Port Clinton, OH | Limited-Service Restaurants | $250K – $500K | 9.0% | 50 |
| 64 | DAM MANAGEMENT LLC | Akron, OH | Full-Service Restaurants | $250K – $500K | 8.3% | 50 |
| 65 | HPOP HOLDINGS LLC | Wooster, OH | Full-Service Restaurants | $500K – $1M | 6.0% | 50 |
| 66 | GREAT LAKES FASTENERS INC | Twinsburg, OH | Industrial Supplies Merchant Wholesalers | $1M – $2.5M | 7.5% | 50 |
| 67 | EQUIPMENT MANUFACTURERS INTERN | Cleveland, OH | $2.5M – $5M | 9.0% | 50 | |
| 68 | CELEBRATE HOLDINGS LLC | Wadsworth, OH | Full-Service Restaurants | $1M – $2.5M | 7.5% | 49 |
| 69 | LOPEZ MOTORS LLC | Toledo, OH | $1M – $2.5M | 8.3% | 48 | |
| 70 | HOPEHEALTH LTD | Worthington, OH | Home Health Care Services | $250K or less | 5.5% | 47 |
| 71 | PROMASTER HOME REPAIR & HANDYM | Batavia, OH | Residential Remodelers | $1M – $2.5M | 9.0% | 47 |
| 72 | LCD AGENCY SERVICES LLC | Hamilton, OH | Home Health Care Services | $250K or less | 9.0% | 46 |
| 73 | HTCI CO. | New Carlisle, OH | Iron and Steel Forging | $250K – $500K | 9.8% | 46 |
| 74 | JK PREMIER SERVICES INC. | Lancaster, OH | Janitorial Services | $250K – $500K | 8.5% | 46 |
| 75 | PREMIER LEASING AND REPAIR LLC | Toledo, OH | General Freight Trucking, Local | $2.5M – $5M | 5.5% | 46 |
| 76 | LOVE FOR MANKIND LLC | Pataskala, OH | Services for the Elderly and Persons with Disabilities | $250K – $500K | 8.3% | 45 |
| 77 | HAPPY MOOSE STREETSBORO | Streetsboro, OH | Full-Service Restaurants | $1M – $2.5M | 8.0% | 45 |
| 78 | RAAP HOLDINGS LLC | Yellow Springs, OH | Hotels (except Casino Hotels) and Motels | $2.5M – $5M | 5.8% | 45 |
| 79 | 935 TOLEDO LLC | Toledo, OH | Hotels (except Casino Hotels) and Motels | $2.5M – $5M | 7.3% | 45 |
| 80 | AGJ ZOOM LLC | Dayton, OH | Pet Care (except Veterinary) Services | $250K or less | 8.8% | 44 |
| 81 | HASTY PIES LLC | Pickerington, OH | Full-Service Restaurants | $250K or less | 7.0% | 43 |
| 82 | AVON BREWING COMPANY LLC | Avon, OH | Full-Service Restaurants | $2.5M – $5M | 5.8% | 43 |
| 83 | SHEKINAH FAMILY SERVICES LLC | Dayton, OH | Home Health Care Services | $250K or less | 6.0% | 42 |
| 84 | BE WELL LLC | Perrysburg, OH | Limited-Service Restaurants | $250K or less | 8.6% | 42 |
| 85 | BAUMER INVESTMENTS LLC | Holland, OH | Full-Service Restaurants | $250K – $500K | 6.0% | 42 |
| 86 | NEO MED ENTERPRISES LLC | Broadview Heights, OH | Full-Service Restaurants | $250K – $500K | 6.8% | 42 |
| 87 | 24619 TRUCK PARK LLC | Beachwood, OH | Mobile Food Services | $500K – $1M | 5.0% | 41 |
| 88 | HELPING HANDS GROUP HOME LLC | Whitehall, OH | Other Residential Care Facilities | $250K or less | 6.0% | 40 |
| 89 | BUCKEYE EXCAVATION LLC | Blanchester, OH | Water and Sewer Line and Related Structures Construction | $250K or less | 10.0% | 40 |
| 90 | KBY SERVICES LLC | Canton, OH | Other Individual and Family Services | $250K or less | 9.0% | 40 |
| 91 | ECHO RESTAURANT GROUP LLC | Cincinnati, OH | Full-Service Restaurants | $250K or less | 6.0% | 40 |
| 92 | PRIMECARE OF SOUTHEASTERN OHIO | Zanesville, OH | Offices of Physicians (except Mental Health Specialists) | $250K or less | 5.1% | 40 |
| 93 | TGZ LOGISTICS LLC | Toledo, OH | Couriers | $250K or less | 7.0% | 40 |
| 94 | TOES & TAILS LLC | Columbus, OH | Pet Care (except Veterinary) Services | $250K or less | 6.3% | 40 |
| 95 | FIRST OF SEVEN LLC | Cincinnati, OH | Barber Shops | $250K – $500K | 6.0% | 40 |
| 96 | B5 PROPERTIES R & T LIMITED DB | Troy, OH | Limited-Service Restaurants | $250K – $500K | 6.8% | 40 |
| 97 | A&D HOLDINGS LLC | Avon, OH | Sports and Recreation Instruction | $500K – $1M | 7.1% | 40 |
| 98 | PECK DISTRIBUTORS INC. | Maple Heights, OH | Confectionery Merchant Wholesalers | $500K – $1M | 7.6% | 40 |
| 99 | FUSE TECH INC. | Cadiz, OH | Commercial and Industrial Machinery and Equipment (except Automotive a | $1M – $2.5M | 7.5% | 40 |
| 100 | SECOND WIND VITAMINS INC. | Wadsworth, OH | $1M – $2.5M | 6.3% | 40 |
Note about SBA lenders near me in Ohio
When it comes to top Ohio SBA lenders, it’s a common inquiry whether any of the listed banks are 1) included in the Ohio preferred lender list, 2) approved lenders in Ohio, or 3) active participants in the Ohio SBA Express lending program. These queries center around the ability of a given SBA bank to facilitate small business SBA loans in Ohio swiftly. The answer is an unequivocal yes. These aren’t your run-of-the-mill banks making only a handful of SBA loans annually; these are institutions well-versed in the intricacies of the SBA 7(a) loan program. They stand out as the top performers in Ohio, as evidenced by our thorough analysis of thousands of SBA loans each year, leading us to rank lenders based on recent activity.
It’s crucial to note that while some banks may limit their lending to specific regions, there exist a select few highly assertive nationwide SBA lenders that operate nationally. These lenders possess a profound understanding of the SBA program and execute transactions with remarkable speed. Therefore, we advise against restricting your search solely to your home state. Our lender match tool proves invaluable in this regard. By utilizing it, we can identify suitable SBA banks tailored to your specific needs, be it geography, industry, company size, all at no cost or obligation to you. This service aims to save you valuable time and ensure a seamless SBA loan process.