# Small business loans in Dayton, OH

**Short answer:** The most active SBA lenders in Dayton, OH since FY2024 are The Huntington National Bank (109 loans) and U.S. Bank (12). The median loan was $150,000, and half fell between $53,625 and $350,000. For free help, see the Small Business Development Centers of Ohio. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/ohio-small-business-loans/dayton/
Data as of: 2026-06-30

## Lenders making SBA loans in Dayton

The Huntington National Bank alone made 51% of the loans in Dayton. The five largest lenders together made 66%.

**Lenders with five or more SBA loans in Dayton, OH, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/ohio/) | 109 | 50.9% |
| [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 12 | 5.6% |
| [Live Oak Banking Company](https://www.sbaexpress.loans/sba-express-lenders/live-oak-banking-company/) | 7 | 3.3% |
| [Telhio Credit Union](https://www.sbaexpress.loans/sba-express-lenders/telhio-credit-union/): Credit union | 7 | 3.3% |
| [Readycap Lending, LLC](https://www.sbaexpress.loans/sba-express-lenders/readycap-lending-llc/): Non-bank lender | 6 | 2.8% |

Share is the percent of all Dayton loans in that period. Each name links to that lender's page for Ohio where one exists.

## Local help near Dayton

Dayton borrowers can start with SBA's district office for Ohio, an SBDC or SCORE.

36% of Dayton borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.

SBA has one district office for Ohio. Its page points to state and federal resources and to lenders in the area. The Small Business Development Centers of Ohio gives free counseling across Ohio.

- [SBA Ohio District Office (Columbus, with Cleveland and Cincinnati offices and a virtual Dayton office): SBA district office](https://www.sba.gov/district/ohio)
- [Small Business Development Centers of Ohio: Small Business Development Center](https://development.ohio.gov/business/small-business-and-entrepreneurship/small-business-development-centers-ohio)
- [SCORE mentors in Ohio: Business mentoring](https://www.score.org/oh/)

Alongside SBA loans, Ohio runs a loan program. The [Ohio page](https://www.sbaexpress.loans/ohio-small-business-loans/#loan-programs-in-ohio) describes it, and the official page is linked here.

- [Buckeye Business Advantage](https://www.tos.ohio.gov/buckeyebusinessadvantage)

## Loan counts and sizes in Dayton

Dayton ranks 4th by loans since FY2024 among the 34 Ohio cities with 100 or more SBA loans since FY2020. Nationally it is the 70th busiest of the 580 cities that reach 100 loans.

The 214 loans, 2.8% of the 7,738 in Ohio, were approved for $90.1 million in all. The median loan was $150,000, close to the national median of $150,300. Half of the loans fell between $53,625 and $350,000. The Dayton median is 50% above the Ohio median of $100,000.

**Dayton, OH compared with Ohio and the nation, loans from FY2024 to June 2026**

| Measure | Dayton | Ohio | U.S. |
| --- | --- | --- | --- |
| Loans | 214 | 7,738 | 162,355 |
| Median loan | $150,000 | $100,000 | $150,300 |
| 25th percentile | $53,625 | $50,000 | $50,000 |
| 75th percentile | $350,000 | $304,750 | $500,000 |
| Via SBA Express | 30.8% | 43.5% | 35.8% |
| Lines of credit | 26.6% | 39.2% | 28.1% |
| Startups | 26.2% | 19.3% | 16.1% |
| Ownership changes | 14.5% | 8.9% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.0 | 2.0 | 2.75 |
| Charged off | 3.8% | 3.2% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

85% of the loans were $500,000 or less, the size SBA Express covers. 30.8% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 26.6% of loans, close to the national 28.1%.

SBA loans in Dayton, OH by size, FY2024 to June 2026

- $50,000 or less (24%): 51
- $50,001 to $150,000 (34%): 73
- $150,001 to $350,000 (20%): 42
- $350,001 to $500,000 (7%): 15
- $500,001 to $1,000,000 (4%): 9
- $1,000,001 to $2,000,000 (7%): 14
- Over $2,000,000 (5%): 10

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

By business age, 50.0% of loans went to businesses more than two years old and 9.3% to businesses two years old or younger. Startups received 26.2% and changes of ownership 14.5%. The national startup share is 16.1%.

SBA loans in Dayton, OH by fiscal year

- FY2020: 40
- FY2021: 60
- FY2022: 60
- FY2023: 50
- FY2024: 81
- FY2025: 90
- FY2026 (through June 30): 43

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume rose 11% from FY2024 (81 loans) to FY2025 (90), the two latest full years. The busiest full year in the file was FY2025, with 90 loans. FY2026 already shows 43 loans through June 30.

Of the 160 loans Dayton borrowers received in FY2020 to FY2022, 3.8% were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 1,995 jobs supported across the 214 loans since FY2024, about 9.3 per loan. SBA does not audit these estimates.

## What businesses in Dayton borrow for

General Freight Trucking, Long-Distance, Truckload was the largest borrower group in Dayton, with 16 loans or 7.5% of the total.

The five largest industries made up 21% of all Dayton loans. General Freight Trucking, Long-Distance, Truckload stands out: its 16 loans are 7.5% of Dayton loans, against 1.3% nationally, 5.7 times its national share.

**Industries with the most SBA loans in Dayton, OH, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [General Freight Trucking, Long-Distance, Truckload](https://www.sbaexpress.loans/industries/general-freight-trucking-long-distance-truckload/ohio/) | 16 | 7.5% | 1.3% |
| [All Other Specialty Trade Contractors](https://www.sbaexpress.loans/industries/all-other-specialty-trade-contractors/ohio/) | 8 | 3.7% | 1.7% |
| [Residential Remodelers](https://www.sbaexpress.loans/industries/residential-remodelers/ohio/) | 8 | 3.7% | 2.3% |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/ohio/) | 7 | 3.3% | 4.6% |
| [Limited-Service Restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/ohio/) | 7 | 3.3% | 3.3% |

Share is the percent of all Dayton loans in that period. Industry is the NAICS code on each loan. A name links to the Ohio page for that industry where one exists.

## A typical loan payment in Dayton

The median Dayton loan was $150,000 with a median term of 10 years.

The median variable-rate loan in Dayton was priced at Prime plus 2.0 percentage points at approval. At today's Prime that spread works out to 9.00%. On $150,000 over 10 years, principal and interest would come to about $1,900 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Dayton loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $53,625 | $679 |
| Median loan | $150,000 | $1,900 |
| 75th percentile loan | $350,000 | $4,434 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $150,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 4.0 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Dayton loans approved since FY2024 had a median starting rate of 10.03% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $150,000 loan](https://www.sbaexpress.loans/loan-amounts/150000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Dayton

Dayton has 10 SBA 504 loans since FY2024, with $5.1 million in SBA and CDC dollars.

The median 504 loan in Dayton was $376,000 in SBA and CDC dollars, 8% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.

Citywide Small Business Development Corporation is the Certified Development Company (CDC) named on the most loans since FY2020, with 9. Community Capital Development Corporation follows with 8. The two CDCs listed are named on 17 loans between them.

**CDCs named on five or more 504 loans in Dayton, FY2020 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Citywide Small Business Development Corporation | 9 |
| Community Capital Development Corporation | 8 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Ohio cities near Dayton

Dayton made up 2.8% of Ohio's SBA loans since FY2024.

Dayton is one of 34 Ohio cities with 100 or more SBA loans since FY2020. The [Ohio page](https://www.sbaexpress.loans/ohio-small-business-loans/) covers all 7,738 loans in Ohio. The closest come first, ranked by county and ZIP code on their loans.

- [Cincinnati: 493 loans, median $150,000](https://www.sbaexpress.loans/ohio-small-business-loans/cincinnati/)
- [Loveland: 39 loans, median $150,000](https://www.sbaexpress.loans/ohio-small-business-loans/loveland/)
- [West Chester: 57 loans, median $150,000](https://www.sbaexpress.loans/ohio-small-business-loans/west-chester/)
- [Mason: 62 loans, median $160,000](https://www.sbaexpress.loans/ohio-small-business-loans/mason/)
- [Hamilton: 59 loans, median $84,300](https://www.sbaexpress.loans/ohio-small-business-loans/hamilton/)
- [North Canton: 44 loans, median $275,250](https://www.sbaexpress.loans/ohio-small-business-loans/north-canton/)
- [Canton: 81 loans, median $100,000](https://www.sbaexpress.loans/ohio-small-business-loans/canton/)
- [Massillon: 55 loans, median $50,000](https://www.sbaexpress.loans/ohio-small-business-loans/massillon/)

## Common questions about SBA loans in Dayton

### Which lenders make the most SBA loans in Dayton?

The Huntington National Bank leads with 109 loans in Dayton since FY2024. U.S. Bank (12) and Live Oak Banking Company (7) follow. Only lenders with five or more Dayton loans are counted.

### Which industries get SBA loans in Dayton?

General Freight Trucking, Long-Distance, Truckload leads with 16 loans in Dayton since FY2024. All Other Specialty Trade Contractors (8) and Residential Remodelers (8) follow.

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. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Ohio District Office (Columbus, with Cleveland and Cincinnati offices and a virtual Dayton office)](https://www.sba.gov/district/ohio)
- [Small Business Development Centers of Ohio](https://development.ohio.gov/business/small-business-and-entrepreneurship/small-business-development-centers-ohio)
- [SCORE, Ohio](https://www.score.org/oh/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)