SBA Loans for Electrical Contractors in Ohio: Top Lenders
NAICS 238NAICS 238 covers other foundation, structure, and building exterior contractors businesses in Ohio. Based on historical SBA 7(a) lending data.
Total Approvals
491
in Ohio
Median Loan Size
$80,000
per approval
Recent Activity
24
last 90 days through Dec 2025
NAICS 238 covers other foundation, structure, and building exterior contractors businesses. This is a moderately active sector for SBA 7(a) lending with 491 approvals and a median loan size of $80,000.
Key trends & insights
- Electrical Contractors in Ohio lending is concentrated — THE Huntington National Bank, U.s. Bank, National Association, Keybank, National Association together account for 84% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 343 approvals (73% market share) and a median loan of $72,000.
- Electrical Contractors in Ohio loans skew smaller than the SBA average at $80,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Ohio
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 343 | $72,000 | |
| 2 | 38 | $32,000 | |
| 3 | 12 | $140,100 | |
| 4 | 12 | $159,300 | |
| 5 | 9 | $30,000 | |
| 6 | 6 | $125,000 | |
| 7 | 5 | $765,000 | |
| 8 | 5 | $150,000 | |
| 9 | 5 | $150,000 | |
| 10 | 5 | $100,000 | |
| 11 | 4 | $75,000 | |
| 12 | 4 | $125,000 | |
| 13 | 3 | $500,000 | |
| 14 | 3 | $50,000 | |
| 15 | 3 | $16,500 | |
| 16 | 2 | $2,575,000 | |
| 17 | 2 | $217,050 | |
| 18 | 2 | $881,000 | |
| 19 | 2 | $112,500 | |
| 20 | 2 | $691,700 |
Recent SBA 7(a) approvals for Electrical Contractors in Ohio
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | U.S. Bank, National Association | JAG*****LLC | TIPP CITY, OH | $2,695,000 |
| 2025-12 | The Huntington National Bank | MDG*****Ltd | MEDINA, OH | $1,185,500 |
| 2025-12 | The Huntington National Bank | BLU*****LLC | STREETSBORO, OH | $512,000 |
| 2025-12 | The Huntington National Bank | MDG*****Ltd | MEDINA, OH | $500,000 |
| 2025-12 | The Huntington National Bank | BLU*****LLC | STREETSBORO, OH | $100,000 |
| 2025-12 | Readycap Lending, LLC | BID*****LLC | BEDFORD HEIGHTS, OH | $3,348,000 |
| 2025-12 | Fifth Third Bank | Rep*****LLC | FAIRFIELD TOWNSHIP, OH | $85,000 |
| 2025-12 | Telhio Credit Union Inc | Utm*****LLC | ORIENT, OH | $200,000 |
| 2025-12 | Growth Capital Corp. | Tim*****nc. | Medina, OH | $225,000 |
| 2025-12 | Consumers National Bank | PAL*****LLC | EAST CANTON, OH | $10,000 |
| 2025-12 | The Huntington National Bank | GAS*****LLC | CINCINNATI, OH | $25,000 |
| 2025-12 | The Huntington National Bank | Dav*****LLC | NORTH CANTON, OH | $50,800 |
| 2025-12 | The Huntington National Bank | Dav*****LLC | NORTH CANTON, OH | $16,000 |
| 2025-12 | The Huntington National Bank | J. *****LLC | NORTH LIMA, OH | $20,600 |
| 2025-12 | The Huntington National Bank | TNM*****LLC | HILLIARD, OH | $25,000 |
| 2025-12 | The Huntington National Bank | TNM*****LLC | HILLIARD, OH | $284,500 |
| 2025-12 | The Croghan Colonial Bank | BCM*****LLC | Brecksville, OH | $3,451,000 |
| 2025-12 | The Huntington National Bank | J. *****LLC | NORTH LIMA, OH | $25,000 |
| 2025-11 | The Huntington National Bank | GAS*****LLC | MONTGOMERY, OH | $25,000 |
| 2025-11 | Lendistry SBLC, LLC | YTO*****LLC | Warren, OH | $350,000 |
| 2025-11 | KeyBank National Association | T &*****LLC | Amherst, OH | $18,500 |
| 2025-11 | The Huntington National Bank | Arm*****ler | LORAIN, OH | $10,000 |
| 2025-11 | Celtic Bank Corporation | Eli*****LLC | CLEVELAND, OH | $150,000 |
| 2025-11 | Northeast Bank | DEN*****LLC | Arcanum, OH | $150,000 |
| 2025-11 | United Midwest Savings Bank National Association | 4 S*****LLC | CENTERBURG, OH | $904,000 |
| 2025-11 | Northeast Bank | JUN*****LLC | Reynoldsburg, OH | $48,100 |
| 2025-11 | KeyBank National Association | T &*****LLC | Amherst, OH | $25,000 |
| 2025-11 | U.S. Bank, National Association | WIL*****LLC | DAYTON, OH | $25,000 |
| 2025-11 | The Huntington National Bank | 880*****Inc | VALLEY CITY, OH | $1,351,000 |
| 2025-11 | The Huntington National Bank | BCC*****ANY | HILLIARD, OH | $250,000 |
| 2025-11 | The Huntington National Bank | BCC*****ANY | HILLIARD, OH | $2,900,000 |
| 2025-11 | United Midwest Savings Bank National Association | NJ *****NC. | COLUMBUS, OH | $350,000 |
| 2025-11 | United Midwest Savings Bank National Association | DSG*****hio | Columbus, OH | $150,000 |
| 2025-11 | Northeast Bank | DEN*****LLC | Arcanum, OH | $150,000 |
| 2025-11 | The Huntington National Bank | C K*****LLC | BAY VILLAGE, OH | $350,000 |
| 2025-09 | The Huntington National Bank | Fla*****LLC | LEBANON, OH | $58,900 |
| 2025-09 | Accion Opportunity Fund Community Development | Lak*****nc. | Avon Lake, OH | $150,000 |
| 2025-09 | JPMorgan Chase Bank, National Association | BUC*****ION | GRANVILLE, OH | $150,000 |
| 2025-09 | U.S. Bank, National Association | UMA*****LLC | COLUMBUS, OH | $40,000 |
| 2025-09 | The Huntington National Bank | HOM*****LLC | CORTLAND, OH | $10,600 |
| 2025-09 | The Huntington National Bank | KS *****LLC | ELYRIA, OH | $48,300 |
| 2025-09 | The Huntington National Bank | HER*****LLC | WILLIAMSFIELD, OH | $350,000 |
| 2025-09 | WesBanco Bank, Inc. | J &*****NC. | CINCINNATI, OH | $500,000 |
| 2025-09 | Northeast Bank | Chr*****ell | Dayton, OH | $75,000 |
| 2025-09 | WesBanco Bank, Inc. | J &*****NC. | CINCINNATI, OH | $2,688,000 |
| 2025-09 | The Huntington National Bank | SCH*****INC | CINCINNATI, OH | $50,000 |
| 2025-09 | Community Trust Bank, Inc. | GLS*****nc. | Kitts Hill, OH | $750,000 |
| 2025-09 | Growth Capital Corp. | A&B*****LLC | Willoughby, OH | $25,000 |
| 2025-09 | U.S. Bank, National Association | EMP*****ING | PICKERINGTON6, OH | $350,000 |
| 2025-09 | The Huntington National Bank | EIC*****LLC | SALEM, OH | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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