BlogRankingCityBest Columbus, OH SBA Lenders & Rates of 2026

Best Columbus, OH SBA Lenders & Rates of 2026

February 2, 2026
City, Ranking
3 min read

Best Columbus, OH SBA Lenders & Rates of 2026

$89.9M
Total Funded

259
Loans Approved

$347K
Avg Loan Size

9.94%
Avg Interest Rate

42
Active Lenders

SBA Loans in Columbus, OH

Columbus, OH businesses received $89.9M in SBA 7(a) loan approvals across 259 businesses in 2025. With 42 active SBA lenders competing for business in Columbus, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Columbus is $347K, with rates averaging 9.94%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Columbus SBA Loans by Business Type

🚀 Startups
36%
$30.5M • 92 loans

🏢 Existing Businesses
57%
$40.4M • 148 loans

🔄 Acquisitions
7%
$19.1M • 19 loans

Top SBA Lenders in Columbus, OH (2025)

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

Rank Lender Volume Loans Avg Rate
1 The Huntington National Bank $28.3M 120 9.57%
2 Celtic Bank Corporation $7.0M 5 10.20%
3 Northwest Bank $5.8M 3 9.67%
4 Port 51 Lending LLC $5.4M 2 9.63%
5 CFBank National Association $4.4M 4 8.56%
6 U.S. Bank, National Association $4.2M 16 9.72%
7 First Commonwealth Bank $3.6M 6 9.63%
8 Global One Bank $3.2M 1 9.00%
9 Live Oak Banking Company $2.8M 2 8.50%
10 Northeast Bank $2.6M 14 10.66%
11 Telhio Credit Union Inc $2.4M 17 11.09%
12 United Midwest Savings Bank National Association $2.3M 6 9.88%
13 KeyBank National Association $2.0M 10 10.36%
14 Hanmi Bank $1.8M 2 8.88%
15 JPMorgan Chase Bank, National Association $1.4M 4 9.75%
16 The Park National Bank $1.1M 4 8.72%
17 VelocitySBA, LLC $1.0M 1 10.25%
18 Newtek Bank, National Association $1.0M 7 11.14%
19 Byline Bank $1.0M 1 10.25%
20 First Internet Bank of Indiana $903K 1 9.75%
21 Cadence Bank $740K 1 9.75%
22 German American Bank $725K 4 8.75%
23 Pathward National Association $706K 1 9.00%
24 East West Bank $674K 1 9.00%
25 Merchants Bank of Indiana $672K 1 9.50%
26 Fifth Third Bank $646K 4 10.50%
27 Harvest Small Business Finance, LLC $589K 1 10.50%
28 Readycap Lending, LLC $440K 3 12.75%
29 BayFirst National Bank $385K 3 12.25%
30 Citizens Bank $326K 1 10.25%
31 Economic and Community Development Institute $311K 1 11.50%
32 Hanover Community Bank $285K 1 10.50%
33 Lendistry SBLC, LLC $245K 2 12.00%
34 Growth Capital Corp. $200K 1 13.25%
35 Peoples State Bank $183K 1 10.00%
36 Bank Five Nine $150K 1 10.00%
37 Heritage Bank Inc $144K 1 11.25%
38 Shoreham Bank $100K 1 12.00%
39 Buckeye State Bank $100K 1 9.50%
40 Peoples Bank $75K 1 10.00%
41 Community Capital Development Corporation $50K 1 9.75%
42 PNC Bank, National Association $25K 1 11.40%

Top Industries in Columbus

Here are the industries that received the most SBA funding in Columbus:

Home Health Care Services

$9.2M
Volume

15
Loans

Other Personal Care Services

$4.7M
Volume

4
Loans

Veterinary Services

$4.5M
Volume

1
Loans

Other Building Material Dealers

$2.2M
Volume

2
Loans

Full-Service Restaurants

$2.1M
Volume

11
Loans

Offices of Other Holding Companies

$2.1M
Volume

3
Loans

Janitorial Services

$2.0M
Volume

3
Loans

Offices of Dentists

$1.9M
Volume

2
Loans

SBA Loans in Ohio

Columbus is part of Ohio‘s SBA lending market. For statewide data and more lender options, see our full Ohio SBA Lenders guide.

🤝 Why Use an SBA Broker in Columbus?

GoSBA Loans helps Columbus businesses access the best SBA lenders:

  • Access 42+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Columbus
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Columbus SBA Loan

Our team has helped hundreds of Columbus businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in Columbus? GoSBA Loans is a trusted SBA loan broker serving businesses in Columbus and across Ohio. Contact our Columbus SBA specialists today for a free consultation.

Explore More SBA Markets

http://gosbaloans.com

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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