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Home » News » Top SBA Lenders – SBA Loans Ohio

Top SBA Lenders – SBA Loans Ohio

Published by sbalenders On February 26, 2020

Last annual update: Feb 7, 2021

 

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Top Ohio PPP lenders (loans <$150,000)

RankBank# PPP Loans
Ohio online PPP app - Smartbiz
1The Huntington National Bank16,611
2Fifth Third Bank8,845
3PNC Bank7,927
4JPMorgan Chase Bank6,752
5U.S. Bank6,460
6KeyBank National Association5,723
7Kabbage4,774
8Citizens Bank3,977
9Cross River Bank3,853
10Celtic Bank Corporation3,358

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:

Most active SBA lenders in Ohio

Cincinnati              Cleveland              Columbus

State RankBankBank Headquarters# of LoansAvg LoanAvg Interest
1The Huntington National BankColumbus, OH1563$161,0677.0%
2U.S. BankCincinnati, OH298$99,7938.7%
3United Midwest Savings BankDe Graff, OH98$783,2598.0%
4KeyBankCleveland, OH65$528,6577.6%
5Fifth Third BankCincinnati, OH60$287,3287.8%
6Growth Capital CorporationCleveland, OH58$60,4479.8%
7PNC BankWilmington, DE53$126,5648.1%
8JPMorgan Chase BankColumbus, OH52$164,4218.9%
9First Financial BankCincinnati, OH44$521,6306.4%
10Peoples BankMarietta, OH39$316,1547.6%
11Heartland BankWhitehall, OH35$250,0407.6%
12Telhio CU IncColumbus, OH30$284,2677.3%
13First Commonwealth BankIndiana, PA28$914,4937.7%
14Independence BankEast Greenwich, RI27$139,8156.1%
15First Home BankSaint Petersburg, FL25$178,4008.1%
16Live OakWilmington, NC24$996,2507.3%
17Newtek Small Business FinanceLake Success, NY23$667,4658.2%
18Citizens BankProvidence, RI23$342,2397.4%
19Consumers National BankMinerva, OH23$208,6956.2%
20Stearns BankSaint Cloud, MN21$450,1058.0%

 

  Traditional small biz loan inquiry  

  Apply online for a PPP loan today   

PPP loan activity data: CARES Act from March – August 2020. Does not include 2021 PPP loans.

Categories: News Tags: Ohio
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Copyright 2021. All rights reserved. Note: We are not part of or affiliated with the Small Business Administration or U.S. Government.
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