SBA Loans for Sewing in Ohio: Top Lenders

NAICS 451

NAICS 451 covers sewing, needlework, and piece goods stores businesses in Ohio. Based on historical SBA 7(a) lending data.

Total Approvals

10

in Ohio

Median Loan Size

$143,750

per approval

Recent Activity

0

last 90 days through May 2023

NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $143,750.

Key trends & insights

  • Sewing in Ohio lending is concentrated — THE Huntington National Bank, Fifth Third Bank, Economic AND Community Development Institute together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 6 approvals (60% market share) and a median loan of $50,000.
  • Sewing in Ohio loans skew smaller than the SBA average at $143,750 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2023-05-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Sewing in Ohio

#LenderApprovalsMedian Size
16$50,000
21$721,000
31$207,500
41$500,000
51$580,000

Recent SBA 7(a) approvals for Sewing in Ohio

MonthLenderBorrowerAmount
2023-05Fifth Third BankCre*****td.$721,000
2022-02The Huntington National BankGal*****LC.$35,000
2021-12The Huntington National BankTAC*****LLC$41,600
2021-12The Huntington National BankTAC*****LLC$50,000
2021-12The Croghan Colonial BankPan*****LLC$45,000
2021-11The Huntington National BankMus*****nc.$350,000
2021-08The Huntington National BankFal*****LLC$80,000
2021-08The Huntington National BankFal*****LLC$13,000
2021-08The Huntington National BankOrb*****LLC$50,000
2021-05KeyBank National AssociationTE**LLC$580,000
2020-12German American BankROL*****LLC$500,000
2020-04Economic and Community Development InstituteFul*****LLC$207,500

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

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