MyLenderPilot

SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Ohio: Top Lenders

NAICS 423

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Ohio. Based on historical SBA 7(a) lending data.

Total Approvals

77

in Ohio

Median Loan Size

$150,000

per approval

Recent Activity

3

last 90 days through Nov 2025

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 77 approvals on record and a median loan size of $150,000.

Key trends & insights

  • Industrial Machinery and Equipment Merchant Wholesalers in Ohio lending is concentrated — THE Huntington National Bank, First Commonwealth Bank, Keybank, National Association together account for 64% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 39 approvals (53% market share) and a median loan of $150,000.
  • Industrial Machinery and Equipment Merchant Wholesalers in Ohio loans skew smaller than the SBA average at $150,000 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 Industrial Machinery and Equipment Merchant Wholesalers in Ohio

#LenderApprovalsMedian Size
1
THE Huntington National Bank
39$150,000
2
First Commonwealth Bank
4$548,900
3
Keybank, National Association
4$150,000
4
U.s. Bank, National Association
3$35,000
5
Bayfirst National Bank
3$150,000
6
Fifth Third Bank
2$57,500
7
Newtek Small Business Finance, INC.
2$273,750
8
Cibc Bank USA
2$1,296,400
9
Telhio Credit Union, INC.
2$300,000
10
Jpmorgan Chase Bank, National Association
2$255,000
11
Truist Bank
1$3,375,000
12
Cfbank, National Association
1$1,350,000
13
First Financial Bank
1$200,000
14
Bank Five Nine
1$299,000
15
Celtic Bank, CORP.
1$150,000
16
Pathward, National Association
1$681,000
17
Wesbanco Bank, INC.
1$1,275,000
18
Sutton Bank
1$60,000
19
Southstate Bank, National Association
1$621,500
20
Colony Bank
1$150,000

Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Ohio

MonthLenderBorrowerAmount
2025-11The Huntington National BankHub*****LLC$92,400
2025-07JPMorgan Chase Bank, National AssociationCom*****nc.$250,000
2025-06U.S. Bank, National AssociationMC *****LLC$35,000
2025-05United Community BankN &*****ies$4,550,000
2025-04The Huntington National BankDRA*****INC$160,900
2025-02The Huntington National BankAda*****LLC$110,000
2025-02The Huntington National BankAUS*****NC.$150,000
2025-02The Huntington National BankAUS*****NC.$2,686,000
2025-02Colony BankUS *****LLC$150,000
2025-01BayFirst National BankSTA*****INC$150,000
2024-12First Commonwealth BankThe*****LTD$5,000,000
2024-12Pathward National AssociationWeb*****orp$681,000
2024-12The Huntington National BankWeb*****nc.$1,000,000
2024-12The Huntington National BankWeb*****nc.$1,665,000
2024-11The Huntington National BankSte*****nc.$2,175,300
2024-11The Huntington National BankM D*****LLC$130,000
2024-08Celtic Bank CorporationFRA*****INC$150,000
2024-07Economic and Community Development InstituteGb***LLC$129,100
2024-06JPMorgan Chase Bank, National AssociationLib*****LLC$260,000
2024-05Telhio Credit Union IncLUX*****LLC$525,000
2024-03The Huntington National BankWHI*****INC$50,000
2024-03WesBanco Bank, Inc.Hub*****LLC$1,275,000
2024-03Bank Five NineMob*****lon$299,000
2024-02BayFirst National BankSAF*****LLC$150,000
2023-08The Huntington National BankSte*****nc.$2,775,000
2023-07BayFirst National BankSAF*****LLC$150,000
2023-07The Huntington National BankC&L*****LLC$325,000
2023-06The Huntington National BankJBW*****LLC$60,000
2023-04The Huntington National BankWyn*****ion$350,000
2022-12The Huntington National BankBro*****Inc$250,000
2022-12The Huntington National BankBro*****Inc$2,379,500
2022-12The Huntington National BankCAR*****NC.$200,000
2022-12The Huntington National BankSIR*****LLC$150,000
2022-11The Huntington National BankCup*****LLC$50,000
2022-11The Huntington National BankA-O*****nc.$699,600
2022-10Truist BankWGS*****LLC$3,375,000
2022-08U.S. Bank, National AssociationALO*****EEN$20,000
2022-08CFBank National AssociationGre*****Inc$1,350,000
2022-07The Huntington National BankDIE*****LLC$70,000
2022-05Growth Capital Corp.Cus*****nc.$250,000
2022-05SouthState Bank, National AssociationCap*****ete$621,500
2022-05The Huntington National BankEnv*****LLC$150,000
2022-05First Commonwealth BankLUX*****LLC$497,800
2022-04The Huntington National BankPFN*****LLC$100,000
2022-04The Huntington National BankAll*****LLC$125,000
2022-04The Huntington National BankHol*****nc.$300,000
2022-03CIBC Bank USARid*****LLC$2,392,800
2022-03CIBC Bank USARid*****LLC$200,000
2022-03The Huntington National BankJBW*****LLC$60,000
2022-02The Huntington National BankDIA*****LLC$350,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Save your lender shortlist & build your packet

Answer 2 more questions to refine your ranking and export a lender-ready packet.

Save & export my packet