Best SBA Lenders in Mason, OH (2026)
2025 FOIA data: top lenders, rates & industries for Mason SBA loans
SBA Loans in Mason, Ohio
Looking for an SBA loan in Mason, Ohio? Based on 2025 FOIA data, 26 SBA 7(a) loans were funded in Mason totaling $13.9M, supporting an estimated 483 jobs. With 9 active lenders competing for business in the Mason market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Mason is $533K at an average rate of 9.64%. The top lender in Mason is The Huntington National Bank, with the most-funded industry being Other Miscellaneous Durable Goods Merchant Wholesalers. See all Ohio SBA lenders for statewide rankings.
SBA Loans in Mason by Business Type
Whether you’re starting a new business in Mason, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 36% of SBA loans in Mason (6 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 40% (5 loans) — if you’re looking to buy a business in Mason, this is a proven use case for SBA financing. Existing businesses make up 24% and typically receive the most favorable terms.
Top SBA Lenders in Mason, OH (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Mason businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | The Huntington National Bank | $5.5M | 15 | 9.64% |
| 2 | First Commonwealth Bank | $2.6M | 2 | 8.62% |
| 3 | Live Oak Banking Company | $1.7M | 2 | 8.5% |
| 4 | Byline Bank | $1.6M | 1 | 11.25% |
| 5 | Cadence Bank | $1.0M | 2 | 10% |
| 6 | Eclipse Bank Inc | $956K | 1 | 9.5% |
| 7 | Newtek Bank, National Association | $250K | 1 | 10.5% |
| 8 | Readycap Lending, LLC | $170K | 1 | 10.25% |
| 9 | Celtic Bank Corporation | $150K | 1 | 10.25% |
The top lenders in Mason have direct experience with local businesses and understand the Mason market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Mason and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Mason
One 5-minute application. 9+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Mason
These are the industries that received the most SBA 7(a) funding in Mason in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Other Miscellaneous Durable Goods Merchant Wholesalers | 2 | $2.8M |
| Full-Service Restaurants | 1 | $2.2M |
| Administrative Management and General Management Consulting Services | 2 | $1.7M |
| All Other Amusement and Recreation Industries | 1 | $1.6M |
| All Other Professional, Scientific, and Technical Services | 2 | $1.0M |
| All Other Specialty Trade Contractors | 1 | $956K |
| Snack and Nonalcoholic Beverage Bars | 2 | $660K |
| Offices of Physicians (except Mental Health Specialists) | 2 | $575K |
| General Freight Trucking, Long Distance, Truckload | 3 | $479K |
| All Other Miscellaneous Manufacturing | 1 | $350K |
Lenders with experience funding your specific industry in Mason understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Mason
Option 1: Apply directly to one of the top Mason lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Mason-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
How many SBA loans were funded in Mason in 2025?
Can I get an SBA loan to start a business in Mason?
Who is the top SBA lender in Mason?
What is the average SBA loan rate in Mason?
Ready to Apply for an SBA Loan in Mason?
50+ lenders competing for your deal. Better rates, faster closing. No fees.
Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
