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SBA lenders in Westerville, OH

SBA 7(a) and 504 loans to businesses in Westerville (Franklin County), October 2021 to June 30, 2026 · Updated October 15, 2026
205
SBA loans approved
$78.5M
Total approved
$140,000
Median loan
38
Lenders active
32%
To startups

205 SBA loans worth $78.5M went to businesses in Westerville, OH between October 2021 and June 2026, from 38 lenders. Huntington National Bank made the most, 114 loans. The median loan was $140,000, compared with $100,000 across Ohio, and construction was the most financed industry.

Most active SBA lenders in Westerville

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
114$27.8M$62,20028%
2Telhio Credit Union
Credit union · Columbus, OH
9$4.0M$215,00022%
3United Midwest Savings Bank
Bank · Degraff, OH
7$2.6M$150,00057%
4U.S. Bank
Bank · Cincinnati, OH
6$222K$28,50017%
5Newtek Bank
Bank · Miami, FL
5$9.1M$350,0000%
6KeyBank
Bank · Cleveland, OH
5$1.5M$25,00060%
7Ohio Statewide Development
Certified development company · Columbus, OH
4$1.8M$443,5000%
8Community Capital Development
Certified development company · Dublin, OH
4$1.4M$326,5000%
9Economic and Community Development Institute
Non-bank lender · Columbus, OH
4$852K$233,30075%
10Farmers National Bank of Canfield
Bank · Canfield, OH
4$819K$247,10075%
11Live Oak Banking
Bank · Wilmington, NC
3$1.2M$500,00033%
12First Commonwealth Bank
Bank · Indiana, PA
3$680K$180,000100%
13Wright Patt Credit Union
Credit union · Beavercreek, OH
2$3.0M$1,481,6500%
14Old National Bank
Bank · Evansville, IN
2$2.8M$1,384,9000%
15Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$2.1M$1,072,25050%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Westerville. For 504 loans the lender shown is the certified development company.

What gets financed in Westerville

IndustryLoansShareMedian loanMost active lender
Construction28
14%
$150,000Huntington National Bank
Professional and technical services28
14%
$125,000Huntington National Bank
Health care and social assistance24
12%
$200,000Huntington National Bank
Restaurants and hotels20
10%
$267,600Huntington National Bank
Other services (repair, personal care)19
9%
$190,300Huntington National Bank
Retail17
8%
$90,000Huntington National Bank
Administrative and support services17
8%
$200,000Huntington National Bank
Transportation and warehousing15
7%
$50,000Huntington National Bank
Loan size mix
  • Under $150,00051%
  • $150,000 to $500,00033%
  • $500,000 to $2 million12%
  • $2 million and up4%
Compared with Ohio
Median loan, Westerville
$140,000
Median loan, Ohio
$100,000
Startup share, Westerville
32%
Startup share, Ohio
32%
Share of state's SBA loans
1.2%

SBA loans per fiscal year in Westerville

0204060FY14: 47 loansFY14FY15: 38 loansFY15FY16: 38 loansFY16FY17: 35 loansFY17FY18: 45 loansFY18FY19: 32 loansFY19FY20: 29 loansFY20FY21: 36 loansFY21FY22: 53 loansFY2253FY23: 44 loansFY23FY24: 48 loansFY24FY25: 33 loansFY25FY26 (Oct to Jun): 27 loansFY2627
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.