SHANE PIERSON · SBA DATA
SBA by City · Toledo, OH

SBA Lending in Toledo, Ohio

Businesses in Toledo, OH have drawn 1,873 SBA 7(a) loans worth $380M, and annual volume has fallen 4% versus the prior decade.

1,873
7(a) loans
$380M
Approved dollars
$202,723
Average loan size
#5
Rank in Ohio
-4%
Annualized vs prior decade
9.7%
Active-loan distress

Toledo is the #5 SBA 7(a) market in Ohio and #83 in the country. Since 1991 lenders have approved 1,873 loans here worth $380M, averaging $202,723 each. Annual approval volume has fallen 4% between FY2013-2019 and FY2020-2026. 9.7% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.