SBA Loans for General Medical and Surgical Hospitals in Ohio: Top Lenders

NAICS 622

NAICS 622 covers general medical and surgical hospitals businesses in Ohio. Based on historical SBA 7(a) lending data.

Total Approvals

6

in Ohio

Median Loan Size

$100,000

per approval

Recent Activity

0

last 90 days through Feb 2024

NAICS 622 covers general medical and surgical hospitals businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $100,000.

Key trends & insights

  • General Medical and Surgical Hospitals in Ohio lending is concentrated — Fifth Third Bank, THE Huntington National Bank, Sutton Bank together account for 83% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Fifth Third Bank leads this industry with 2 approvals (33% market share) and a median loan of $281,750.
  • General Medical and Surgical Hospitals in Ohio loans skew smaller than the SBA average at $100,000 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 2024-02-27 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for General Medical and Surgical Hospitals in Ohio

#LenderApprovalsMedian Size
12$281,750
22$175,000
31$100,000
41$50,000

Recent SBA 7(a) approvals for General Medical and Surgical Hospitals in Ohio

MonthLenderBorrowerAmount
2024-02The Huntington National BankNam*****LLC$100,000
2023-02The Community BankVIL*****LLC$50,000
2022-02The Huntington National BankHop*****LLC$250,000
2021-08Fifth Third BankAXI*****LLC$463,500
2021-08Fifth Third BankAXI*****LLC$100,000
2020-02Sutton BankAsh*****nc.$100,000

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

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