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Buying a Business in Ohio

What SBA acquisition lending actually looks like in Ohio, from loan-level government data.

FY2025 Acquisition Loans

299

$348.9M approved

Median Loan

$597,450

FY2020 through FY2025

Loans Since FY2020

1,290

$1.36B in total approvals

Share of U.S. Activity

3.6%

Of change-of-ownership loans

Most Active Acquisition Lenders in Ohio

  1. 1. The Huntington National Bank364 loans
  2. 2. Live Oak Banking Company112 loans
  3. 3. First Commonwealth Bank48 loans
  4. 4. United Midwest Savings Bank, National Association46 loans
  5. 5. GBank45 loans

A lender being active in Ohio does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.

What Gets Bought in Ohio

  • Hotels (except Casino Hotels) and Motels115 loans
  • Limited-Service Restaurants62 loans
  • Full-Service Restaurants43 loans
  • Offices of Dentists32 loans
  • Child Day Care Services24 loans

Industry-specific pricing and diligence live in the Industry Buy Guides.

Method & Source

Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Ohio project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.

Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.