28 SBA loans worth $7.7M went to businesses in Madison, OH between October 2021 and June 2026, from 5 lenders. Huntington National Bank made the most, 22 loans. The median loan was $104,000, compared with $100,000 across Ohio, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 22 | $3.7M | $64,000 | 14% |
| 2 | Live Oak Banking Bank · Wilmington, NC | 2 | $1.7M | $850,000 | 0% |
| 3 | KeyBank Bank · Cleveland, OH | 2 | $516K | $258,250 | 50% |
| 4 | Andover Bank Bank · Andover, OH | 1 | $1.8M | $1,840,900 | 100% |
| 5 | U.S. Bank Bank · Cincinnati, OH | 1 | $25K | $25,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 6 | $225,000 | Huntington National Bank | |
| Restaurants and hotels | 6 | $104,000 | Huntington National Bank | |
| Other services (repair, personal care) | 3 | $30,000 | Huntington National Bank | |
| Health care and social assistance | 3 | $285,000 | Huntington National Bank | |
| Construction | 3 | $200,000 | Huntington National Bank | |
| Administrative and support services | 2 | $14,500 | Huntington National Bank | |
| Transportation and warehousing | 2 | $40,000 | Huntington National Bank | |
| Wholesale trade | 2 | $178,000 | Huntington National Bank |