SBA Loans for Data Processing in Ohio: Top Lenders
NAICS 518NAICS 518 covers data processing, hosting, and related services businesses in Ohio. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Ohio
Median Loan Size
$106,950
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $106,950.
Key trends & insights
- Data Processing in Ohio loans skew smaller than the SBA average at $106,950 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 2025-02-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Data Processing in Ohio
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $106,950 |
Recent SBA 7(a) approvals for Data Processing in Ohio
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | The Huntington National Bank | SPA*****LLC | NEW ALBANY, OH | $100,000 |
| 2025-02 | The Huntington National Bank | SPA*****LLC | NEW ALBANY, OH | $250,000 |
| 2025-02 | The Huntington National Bank | Lig*****LLC | MEDINA, OH | $100,000 |
| 2024-12 | Live Oak Banking Company | Opi*****LLC | CLEVELAND, OH | $500,000 |
| 2024-10 | The Huntington National Bank | ALA*****LLC | REYNOLDSBURG, OH | $1,039,500 |
| 2024-10 | The Huntington National Bank | UNV*****LC. | REYNOLDSBURG, OH | $500,000 |
| 2024-08 | The Huntington National Bank | Sar*****Inc | DUBLIN, OH | $50,000 |
| 2024-06 | KeyBank National Association | Cle*****LLC | CHAGRIN FALLS, OH | $800,000 |
| 2023-10 | The Huntington National Bank | INN*****LLC | Powell, OH | $134,000 |
| 2023-01 | Cadence Bank | Lig*****LLC | MEDINA, OH | $350,000 |
| 2022-03 | The Huntington National Bank | TEK*****LLC | cleveland, OH | $150,000 |
| 2021-08 | The Huntington National Bank | C&D*****LLC | Coolville, OH | $113,900 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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