Best Ohio SBA Lenders & Rates of 2026

Compare 135 SBA lenders in Ohio. $1.12B funded across 2,909 businesses. Average rate 9.78%. Get matched free.

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Best Ohio SBA Lenders & Rates of 2026

$1.12B
Total Funded

2,909
Loans Approved

$386K
Avg Loan Size

9.78%
Avg Interest Rate

135
Active Lenders

SBA Loans in Ohio

Ohio businesses received $1.12B in SBA 7(a) loan approvals across 2,909 businesses in 2025. With 135 active SBA lenders competing for business in Ohio, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Ohio is $386K, with rates averaging 9.78%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in Ohio (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Ohio businesses:

RankLenderVolumeLoansAvg Rate
1The Huntington National Bank$291.4M14539.59%
2Live Oak Banking Company$74.2M569.11%
3U.S. Bank, National Association$65.5M1709.64%
4First Commonwealth Bank$46.1M619.52%
5KeyBank National Association$37.5M9910.15%
6GBank$34.3M138.75%
7Newtek Bank, National Association$27.4M8411.07%
8United Midwest Savings Bank National Association$26.8M439.98%
9First Financial Bank$25.9M358.64%
10Readycap Lending, LLC$21.9M4412.22%
11Northeast Bank$20.3M12410.84%
12WesBanco Bank, Inc.$19.9M218.94%
13Shoreham Bank$17.5M910.31%
14First Internet Bank of Indiana$16.1M119.86%
15Pathward National Association$15.9M79.68%
16Fifth Third Bank$14.8M3010.03%
17Northwest Bank$14.6M229.83%
18Celtic Bank Corporation$13.9M3810.22%
19First Western SBLC, Inc$12.6M38.50%
20Cadence Bank$11.4M169.94%

🤝 How to Get an SBA Loan in Ohio

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across Ohio and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with Ohio SBA Lenders

Ready to apply for an SBA loan in Ohio? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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