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SBA loans to local trucking companies in Ohio

Short answer

SBA's loan file shows 570 loans to local trucking companies in Ohio since October 2019. The Huntington National Bank made 80.0% of them, against 22.5% nationally and 60.3% of all loans in Ohio. 75.6% went to businesses more than two years old, against 61.3% nationally.

SBA loans, Oct 2019 to Jun 2026
570
median loan
$50,000
dollars approved
$79.76M
made by one lender
80.0%

These are the 570 SBA 7(a) loans to local trucking companies in Ohio approved October 2019 to June 2026. Each figure is set against the national figure for the same industry and period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what lenders have done and not what any lender will do for you. Every state page for this industry uses this same period, so the pages can be compared with each other.

How Ohio differs from the U.S.

What this means for you. One lender made a large share of these loans in Ohio, so compare more than one lender before you apply.

Lender concentration

The Huntington National Bank made 80.0% of these loans (456 of 570). Nationally it made 22.5% of loans to local trucking companies. It made 60.3% of all SBA loans in Ohio.

Established businesses

75.6% of the loans in Ohio went to businesses more than two years old, against 61.3% nationally.

In business more than 2 years, share of loans, Oct 2019 to Jun 2026
  • Ohio75.6%
  • United States61.3%

How common it is

Local trucking companies made up 2.9% of the SBA loans approved in Ohio since October 2019, against 1.5% of loans nationwide. Its share here is 1.9 times its national share.

Share of all SBA loans, Oct 2019 to Jun 2026
  • Ohio2.9%
  • United States1.5%

We compared 9 measures with the national figure for the same period, and these are the 3 that differ clearly. One more difference is in the table.

Ohio next to the U.S.

Ohio compared with all loans to local trucking companies in the U.S., October 2019 to June 2026
MeasureOhioUnited StatesReading
Industry's share of all SBA loans2.9%1.5%Clearly higher
Median loan$50,000$64,600No clear gap
Middle half of loans$25,000 to $128,825$26,000 to $200,000–
Startups (the loan opens the business)8.6%8.1%No clear gap
In business 2 years or less12.6%24.1%Clearly lower
In business more than 2 years75.6%61.3%Clearly higher
Change of ownership1.8%5.0%No clear gap
SBA Express63.9%57.9%No clear gap
Lines of credit31.8%30.5%No clear gap
Median term10 years10 years–
Median spread over Prime at approval2 points over Prime2.75 points over Prime–

Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference.

Who lends in Ohio

The 5 lenders below made 503 of the 570 loans approved October 2019 to June 2026, or 88.2%. A lender is listed when it has 5 or more of them, five at most.

Top lenders in Ohio
LenderLoansShare hereU.S. share
The Huntington National Bank45680.0%22.5%
KeyBank162.8%Not in top 5
Telhio Credit Union152.6%Not in top 5
Peoples Bank (Marietta, OH)91.6%Not in top 5
Fifth Third Bank71.2%Not in top 5

Share here is the lender's share of the loans in this state. U.S. share is its share of all loans to this industry nationally. Not in top 5 means it is not one of the five lenders with the most loans to the industry.

Local trucking companies in other states

Other states where these loans differ clearly from the national pattern, most loans first.

Local trucking companies by state
StateLoans since October 2019
California616
Michigan385
Illinois298
Texas272
New Jersey257
Pennsylvania220
New York212
Florida205

More industries in Ohio

Other industries in Ohio with a clear difference from the national pattern, most loans first.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Industry is the NAICS code recorded on each loan. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. How we build these pages.

Ask lending partners about your loan in Ohio

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Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.

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