Ohio · Utilities
SBA loans for utilities in Ohio
37 loans worth $7.0M approved since FY2010 for utilities projects located in Ohio.
Loans
37
Approved
$7.0M
Median loan
$85,000
-47% vs sector nationally
Median rate
6.25%
Jobs supported
103
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 utilities in Ohio
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Growth Capital Corp. | 1 | $1.2M | |
| The Huntington National Bank | 18 | $1.2M | |
| Fifth Third Bank | 2 | $1.1M | |
| Civista Bank | 1 | $822K | |
| Northwest Ohio Development Assistance Corporation | 2 | $557K | |
| Stock Yards Bank & Trust Company | 1 | $506K | |
| University Bank | 2 | $499K | |
| PNC Bank | 2 | $325K |
Detail
Which industries inside the sector
All SBA lending in Ohio
55,627 loans across every sector.
Utilities nationally
1,100 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to utilities businesses in Ohio?
- 37 SBA loans totalling $7,026,200 have been approved for utilities projects in Ohio since FY2010.
- Which lenders finance utilities in Ohio?
- The most active by dollars approved are Growth Capital Corp., The Huntington National Bank, Fifth Third Bank, Civista Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for utilities in Ohio?
- The median approval is $85,000, 47% below the national median for this sector ($160,000).
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