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 10 SBA Lenders in Ohio:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Huntington National | Columbus, OH | 2073 | $198,585 | 6.1% |
| 2 | KeyBank | Cleveland, OH | 129 | $515,740 | 6.5% |
| 3 | U.S. Bank | Cincinnati, OH | 117 | $180,831 | 7.7% |
| 4 | JPMorgan Chase Bank | Columbus, OH | 92 | $159,993 | 7.0% |
| 5 | Fifth Third Bank | Cincinnati, OH | 83 | $332,008 | 5.5% |
| 6 | Citizens Bank | Providence, RI | 71 | $143,237 | 5.9% |
| 7 | PNC Bank | Wilmington, DE | 64 | $124,964 | 6.8% |
| 8 | Celtic Bank | Salt Lake City, UT | 49 | $310,784 | 6.8% |
| 9 | The Community Bank | Zanesville, OH | 42 | $79,781 | 6.0% |
| 10 | Independence Bank | East Greenwich, RI | 41 | $120,610 | 7.0% |
| 11 | Telhio CU Inc | Columbus, OH | 39 | $176,926 | 6.5% |
| 12 | Live Oak | Wilmington, NC | 38 | $1,238,421 | 6.2% |
| 13 | Heartland Bank | Gahanna, OH | 36 | $161,936 | 6.4% |
| 14 | Growth Capital Corporation | Cleveland, OH | 35 | $85,709 | 8.5% |
| 15 | MainSource Bank | Greensburg, IN | 31 | $240,865 | 4.8% |
| 16 | Consumers National Bank | Minerva, OH | 26 | $221,932 | 5.3% |
| 17 | The Park National Bank | Newark, OH | 26 | $247,858 | 5.7% |
| 18 | United Midwest Savings Bank | De Graff, OH | 24 | $1,032,250 | 6.5% |
| 19 | First Home Bank | Seminole, FL | 22 | $206,591 | 6.8% |
| 20 | First Financial Bank | Cincinnati, OH | 20 | $472,800 | 6.2% |
| 21 | Stearns Bank | Saint Cloud, MN | 19 | $419,874 | 6.8% |
| 22 | The State Bank and Trust Company | Defiance, OH | 18 | $642,550 | 6.6% |
| 23 | Newtek Small Business | Lake Success, NY | 15 | $950,053 | 7.1% |
| 24 | Peoples Bank | Marietta, OH | 15 | $478,267 | 6.0% |
| 25 | Chemical Bank | Midland, MI | 14 | $999,986 | 5.4% |
| 26 | Wells Fargo | Sioux Falls, SD | 12 | $291,075 | 6.8% |
| 27 | Byline Bank | Chicago, IL | 11 | $1,264,500 | 6.8% |
| 28 | Northwest Bank | Warren, PA | 11 | $190,591 | 6.1% |
| 29 | First Savings Bank | Clarksville, IN | 10 | $1,488,460 | 6.4% |
| 30 | Spirit of Texas Bank | College Station, TX | 10 | $208,320 | 6.4% |