Ohio · Mining & Energy
SBA loans for mining & energy in Ohio
61 loans worth $30.5M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Ohio.
Loans
61
Approved
$30.5M
Median loan
$140,000
-38% vs sector nationally
Median rate
5.75%
Jobs supported
735
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to mining & energy in Ohio
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 32 | $15.9M | |
| Sutton Bank | 1 | $4.8M | |
| Harvest Small Business Finance, LLC | 1 | $3.5M | |
| JPMorgan Chase Bank | 5 | $1.3M | |
| First Financial Bank | 2 | $900K | |
| BancFirst | 2 | $868K | |
| American Momentum Bank | 1 | $731K | |
| WesBanco Bank, Inc. | 2 | $525K |
Detail
Which industries inside the sector
All SBA lending in Ohio
55,627 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Ohio?
- 61 SBA loans totalling $30,544,900 have been approved for mining, quarrying, and oil and gas extraction projects in Ohio since FY2010.
- Which lenders finance mining & energy in Ohio?
- The most active by dollars approved are The Huntington National Bank, Sutton Bank, Harvest Small Business Finance, LLC, JPMorgan Chase Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Ohio?
- The median approval is $140,000, 38% below the national median for this sector ($227,300).
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