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SBA 7(a) Loans in Columbus, OH

Find lenders offering sba 7(a) loans in the Columbus, including Dublin, Westerville, Grove City, and surrounding areas. Compare rates, terms, and programs from 89 lenders.

Lenders
89
Typical Rate
Prime + 1.5% to 3.75%
Down Payment
10-20%
Term
10-25 years
Closing Time
30-90 days

SBA 7(a) Lenders Serving Columbus

89 lenders offering sba 7(a) loans in the Columbus, OH area.

The Huntington National Bank

Local SBA

COLUMBUS, OH

Major regional bank and consistently one of the top SBA lenders in the country by number of loans. Offers SBA 7(a) and 504 loans alongside conventional business lending, commercial real estate, and treasury management services.

1337 SBA loans
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U.S. Bank, National Association

Local SBA

Cincinnati, OH

Fifth-largest commercial bank in the U.S. and a top SBA preferred lender. Offers SBA 7(a) and 504 loans, conventional commercial lending, commercial real estate, and a full suite of business banking products.

846 SBA loans
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United Midwest Savings Bank National Association

Local SBA

DE GRAFF, OH

Community bank and SBA preferred lender based in Ohio. Specializes in SBA 7(a) loans for small businesses, including business acquisitions, commercial real estate, and working capital financing.

302 SBA loans
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Fifth Third Bank

Local SBA

CINCINNATI, OH

Major regional bank and SBA preferred lender with operations across the Midwest and Southeast. Offers SBA 7(a) and 504 loans, conventional commercial lending, equipment financing, and commercial real estate loans.

117 SBA loans
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JPMorgan Chase Bank, National Association

Local SBA

Columbus, OH

The largest bank in the U.S. and an SBA preferred lender. Offers SBA 7(a) loans, conventional business lending, commercial real estate, lines of credit, and comprehensive financial services for businesses of all sizes.

278 SBA loans
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KeyBank National Association

Local SBA

CLEVELAND, OH

Major regional bank and SBA preferred lender with nationwide commercial banking operations. Offers SBA 7(a) and 504 loans, conventional business lending, commercial real estate, equipment finance, and capital markets services.

150 SBA loans
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The Park National Bank

Local SBA

NEWARK, OH

18 SBA loans
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CFBank National Association

Local SBA

Columbus, OH

2 SBA loans
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First Financial Bank

Local SBA

Cincinnati, OH

13 SBA loans
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The Croghan Colonial Bank

Local SBA

FREMONT, OH

1 SBA loans
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RiverHills Bank

Local SBA

MILFORD, OH

2 SBA loans
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Telhio Credit Union Inc

Local SBA

COLUMBUS, OH

10 SBA loans
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The State Bank and Trust Company

Local SBA

DEFIANCE, OH

3 SBA loans
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The Middlefield Banking Company

Local SBA

MIDDLEFIELD, OH

4 SBA loans
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The First National Bank Bellevue

Local SBA

BELLEVUE, OH

2 SBA loans
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Columbus Commercial Real Estate Market

Columbus is one of the fastest-growing major metros in the Midwest, consistently adding population and employment at rates exceeding Ohio's other large cities, driven by a diversified economy anchored by Ohio State University, state government, and a booming logistics sector. The Short North Arts District and German Village neighborhoods adjacent to downtown command premium rents for retail and mixed-use properties, while the Rickenbacker Inland Port area in the south metro has become one of the top distribution and logistics hubs in the eastern United States. Intel's $20 billion semiconductor fabrication complex in nearby New Albany is the single largest private-sector investment in Ohio history, expected to transform the northeast suburban submarket. The Arena District and Franklinton neighborhoods represent active redevelopment zones where former industrial land is being converted to office, residential, and entertainment uses.

Key Economic Drivers

  • Intel's $20 billion semiconductor fab complex in New Albany catalyzing industrial and workforce housing demand
  • Ohio State University, the state's largest employer, driving research commercialization and campus-area CRE absorption
  • Rickenbacker Inland Port and logistics hub attracting Amazon, FedEx, and e-commerce fulfillment demand
  • Nationwide Insurance, Cardinal Health, and L Brands headquarters sustaining downtown and suburban office markets

Market Insight

Columbus's Rickenbacker Inland Port has been designated a Foreign Trade Zone and offers direct rail connections via Norfolk Southern and CSX, making it one of the most efficient intermodal logistics locations in the eastern U.S. and driving industrial vacancy rates well below the national average.

SBA 7(a) Loans in Columbus, Ohio

SBA 7(a) loans are the most common SBA loan program, offering up to $5 million for working capital, equipment, real estate, business acquisition, and refinancing. Backed by the U.S. Small Business Administration, they offer competitive rates and longer terms than conventional business loans. In the Columbus metro area, borrowers can access 89 lenders offering SBA 7(a) financing, including Dublin, Westerville, Grove City, and surrounding areas. Loan amounts typically range from $25K to $5M with rates from Prime + 1.5% to 3.75%.

Who Should Consider SBA 7(a) Loans?

  • Small business owners
  • Business acquisitions
  • Working capital needs
  • Commercial real estate purchase

Key Requirements

  • For-profit business operating in the US
  • Owner has invested equity
  • Exhausted other financing options
  • No delinquent government debt
  • Credit score: 680+

Advantages

  • Low down payment (as low as 10%)
  • Competitive interest rates
  • Long repayment terms
  • Can be used for many purposes

Considerations

  • Lengthy application process
  • Extensive documentation required
  • Personal guarantee required
  • Collateral often needed

SBA 7(a) Loans in Other Ohio Cities

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