SBA Loans for Electrical Contractors in Ohio: Top Lenders
NAICS 238NAICS 238 covers electrical 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 electrical 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 | Telhio Credit Union Inc | Utm*****LLC | ORIENT, OH | $200,000 |
| 2025-08 | The Huntington National Bank | Joy*****LLC | COLUMBUS, OH | $135,000 |
| 2025-08 | U.S. Bank, National Association | WIL*****LLC | DAYTON, OH | $25,000 |
| 2025-08 | United Midwest Savings Bank National Association | Ope*****ELD | Loudonville, OH | $275,000 |
| 2025-08 | U.S. Bank, National Association | Pla*****LLC | CINCINNATI, OH | $1,207,300 |
| 2025-08 | The Huntington National Bank | HOM*****LLC | CORTLAND, OH | $80,900 |
| 2025-08 | U.S. Bank, National Association | Pla*****LLC | CINCINNATI, OH | $350,000 |
| 2025-08 | The Huntington National Bank | HOM*****LLC | CORTLAND, OH | $28,900 |
| 2025-08 | The Huntington National Bank | HOM*****LLC | CORTLAND, OH | $10,600 |
| 2025-08 | Pathward National Association | Tim*****LLC | GROVEPORT, OH | $400,000 |
| 2025-08 | Eclipse Bank Inc | QUE*****LLC | Middletown, OH | $250,000 |
| 2025-08 | The Huntington National Bank | Tri*****LLC | YOUNGSTOWN, OH | $50,000 |
| 2025-08 | KeyBank National Association | Kel*****LLC | Canton, OH | $244,000 |
| 2025-08 | Telhio Credit Union Inc | Cli*****.C. | Westerville, OH | $1,500,000 |
| 2025-08 | The Huntington National Bank | GGC*****LLC | COLUMBUS, OH | $175,000 |
| 2025-08 | The Huntington National Bank | KOU*****LLC | EAST CANTON, OH | $85,000 |
| 2025-08 | The Huntington National Bank | GGC*****LLC | SUNBURY, OH | $1,273,000 |
| 2025-07 | The Huntington National Bank | COL*****LLC | MARYSVILLE, OH | $200,000 |
| 2025-07 | U.S. Bank, National Association | TRA*****LLC | POWELL, OH | $50,000 |
| 2025-06 | The Huntington National Bank | MIK*****LLC | LANCASTER, OH | $50,000 |
| 2025-06 | The Huntington National Bank | FIR*****LLC | ELYRIA, OH | $40,000 |
| 2025-06 | The Huntington National Bank | MIK*****LLC | LANCASTER, OH | $50,000 |
| 2025-06 | KeyBank National Association | INT*****LLC | BrookPark, OH | $15,000 |
| 2025-05 | U.S. Bank, National Association | Par*****nc. | ZANESVILLE, OH | $231,300 |
| 2025-05 | Fifth Third Bank | ORM*****LLC | DAYTON, OH | $25,000 |
| 2025-04 | The Huntington National Bank | Blu*****LLC | FRANKFORT, OH | $50,000 |
| 2025-03 | The Huntington National Bank | GC *****LLC | WARREN, OH | $47,600 |
| 2025-03 | The Huntington National Bank | Jam*****C'. | NORTH RIDGEVILLE, OH | $100,000 |
| 2025-03 | U.S. Bank, National Association | URB*****LLC | CLEVELAND, OH | $25,000 |
| 2025-03 | Heritage Bank Inc | SMI*****CO. | CINCINNATI, OH | $1,660,000 |
| 2025-03 | The Huntington National Bank | Gan*****LLC | Norton, OH | $400,000 |
| 2025-03 | The Huntington National Bank | All*****td. | TWINSBURG, OH | $75,000 |
| 2025-03 | First Commonwealth Bank | Kra*****nc. | LANCASTER, OH | $372,000 |
| 2025-03 | U.S. Bank, National Association | TIM*****LLC | WAYNESVILLE, OH | $30,000 |
| 2025-02 | The Huntington National Bank | BUI*****LLC | LEBANON, OH | $50,000 |
| 2025-02 | The Huntington National Bank | BUI*****LLC | LEBANON, OH | $251,000 |
| 2025-02 | The Huntington National Bank | Mar*****ler | MECHANICSTOWN, OH | $35,000 |
| 2025-02 | The Huntington National Bank | Ste*****LLC | NORTH LIMA, OH | $15,000 |
| 2025-02 | Fifth Third Bank | Fry*****LLC | TOLEDO, OH | $50,000 |
| 2025-02 | The Huntington National Bank | JAC*****LLC | WARREN, OH | $100,000 |
| 2025-02 | The Huntington National Bank | SW *****LLC | CLEVELAND, OH | $100,000 |
| 2025-02 | KeyBank National Association | Rit*****nc. | Berea, OH | $500,000 |
| 2025-02 | The Huntington National Bank | APE*****LLC | ELYRIA, OH | $100,000 |
| 2025-02 | Bank Five Nine | The*****bus | Blacklick, OH | $82,000 |
| 2025-02 | JPMorgan Chase Bank, National Association | KIL*****INC | CLEVELAND, OH | $150,000 |
| 2025-02 | The Huntington National Bank | Bur*****Inc | LAGRANGE, OH | $75,000 |
| 2025-02 | The Huntington National Bank | For*****LLC | Warrensville Heights, OH | $1,000,000 |
| 2025-01 | Northeast Bank | GAR*****ION | Cleveland, OH | $150,000 |
| 2025-01 | The Huntington National Bank | Que*****LLC | CINCINNATI, OH | $318,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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