Last annual update:
Note: On March 31 the Treasury and SBA released important information regarding CARES Act SBA 7(a) loans. We encourage you to read our blog post and act quickly.
A lot of Ohio-based banks were among the largest lenders to “The Buckeye State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a hotel, restaurant, auto repair, medical practice, veterinary or pharmacy, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Ohio:
Cincinnati Cleveland Columbus
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | Columbus, OH | 1563 | $161,067 | 7.0% |
| 2 | U.S. Bank | Cincinnati, OH | 298 | $99,793 | 8.7% |
| 3 | United Midwest Savings Bank | De Graff, OH | 98 | $783,259 | 8.0% |
| 4 | KeyBank | Cleveland, OH | 65 | $528,657 | 7.6% |
| 5 | Fifth Third Bank | Cincinnati, OH | 60 | $287,328 | 7.8% |
| 6 | Growth Capital Corporation | Cleveland, OH | 58 | $60,447 | 9.8% |
| 7 | PNC Bank | Wilmington, DE | 53 | $126,564 | 8.1% |
| 8 | JPMorgan Chase Bank | Columbus, OH | 52 | $164,421 | 8.9% |
| 9 | First Financial Bank | Cincinnati, OH | 44 | $521,630 | 6.4% |
| 10 | Peoples Bank | Marietta, OH | 39 | $316,154 | 7.6% |