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SBA 7(a) Loans in Toledo, OH

Find lenders offering sba 7(a) loans in the Toledo, including Oregon, Perrysburg, Maumee, 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 Toledo

89 lenders offering sba 7(a) loans in the Toledo, 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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Toledo Commercial Real Estate Market

Toledo's CRE market reflects its industrial heritage as a center of glass manufacturing and automotive production, with the city's port on Lake Erie and proximity to the Michigan border shaping its commercial real estate dynamics. The downtown waterfront along the Maumee River has seen investment around Promenade Park and the Mud Hens' Fifth Third Field, though revitalization has been incremental compared to Ohio's larger metros. The I-75 corridor south through Perrysburg and Findlay captures the majority of new retail and suburban office activity, while the I-80 corridor and Toledo Express Airport area serve industrial and logistics tenants. The University of Toledo and its medical center provide a stable employment anchor and generate consistent demand for student housing and medical office properties in the surrounding neighborhoods.

Key Economic Drivers

  • Owens Corning and Libbey Glass legacy operations maintaining Toledo's identity as the 'Glass City' with industrial space demand
  • ProMedica Health System headquarters and the University of Toledo Medical Center generating healthcare CRE absorption
  • Port of Toledo handling bulk cargo and supporting logistics operations along the I-75 and I-80 corridors
  • First Solar's manufacturing presence in the metro area connecting Toledo to the growing solar energy supply chain

Market Insight

Toledo's historic glass manufacturing infrastructure has found new relevance as First Solar operates its largest U.S. solar panel manufacturing facility in the metro, and the city's designation as the 'Solar Capital of the Midwest' has attracted related clean energy supply chain tenants to available industrial space.

SBA 7(a) Loans in Toledo, 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 Toledo metro area, borrowers can access 89 lenders offering SBA 7(a) financing, including Oregon, Perrysburg, Maumee, 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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