SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Ohio: Top Lenders

NAICS 423

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Ohio. Based on historical SBA 7(a) lending data.

Total Approvals

77

in Ohio

Median Loan Size

$150,000

per approval

Recent Activity

3

last 90 days through Nov 2025

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 77 approvals on record and a median loan size of $150,000.

Key trends & insights

  • Industrial Machinery and Equipment Merchant Wholesalers in Ohio lending is concentrated — THE Huntington National Bank, First Commonwealth Bank, Keybank, National Association together account for 64% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 39 approvals (53% market share) and a median loan of $150,000.
  • Industrial Machinery and Equipment Merchant Wholesalers in Ohio loans skew smaller than the SBA average at $150,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Most active SBA lenders for Industrial Machinery and Equipment Merchant Wholesalers in Ohio

Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Ohio

MonthLenderBorrowerAmount
2025-12Northwest BankFir*****LLC$5,000,000
2025-11Newtek Bank, National AssociationA &*****Inc$250,000
2025-11The Huntington National BankHub*****LLC$92,400
2025-11Celtic Bank CorporationC. *****PLY$150,000
2025-09Northeast BankR.W*****nc.$350,000
2025-09Pathward National AssociationPar*****LLC$5,000,000
2025-09The Community BankRee*****rne$112,300
2025-09Northeast BankDIA*****LLC$250,000
2025-09Newtek Bank, National AssociationA&R*****nc.$250,000
2025-09KeyBank National AssociationOhi*****LLC$150,000
2025-08The Huntington National BankSTR*****NC.$350,000
2025-08The Huntington National BankWOL*****NC.$50,000
2025-07First Federal Community Bank National AssociationGiu*****LLC$50,000
2025-07The Huntington National BankApe*****LLC$117,000
2025-07JPMorgan Chase Bank, National AssociationCom*****nc.$250,000
2025-06U.S. Bank, National AssociationMC *****LLC$35,000
2025-06BayFirst National BankCUF*****LLC$150,000
2025-05The Huntington National BankMai*****LC.$50,000
2025-05The Huntington National BankMai*****LC.$181,500
2025-05The Huntington National BankCVG*****LLC$2,660,000
2025-05The Huntington National BankCVG*****LLC$200,000
2025-05The Huntington National BankRai*****nc.$240,000
2025-05The Huntington National BankArm*****Inc$610,000
2025-05The Huntington National BankArm*****Inc$150,000
2025-05United Community BankN &*****ies$4,550,000
2025-05The Huntington National Bank4PL*****LLC$350,000
2025-04The Huntington National BankAXI*****LLC$18,000
2025-04The Huntington National BankARV*****LLC$303,400
2025-04The Huntington National BankRoy*****LLC$250,000
2025-04The Huntington National BankDRA*****INC$160,900
2025-03KeyBank National AssociationUS *****nc.$1,980,000
2025-03First Federal Savings and Loan Association of LakewoodCON*****NC.$250,000
2025-03First Federal Savings and Loan Association of LakewoodCON*****NC.$1,500,000
2025-03The Huntington National BankGaz*****LLC$400,000
2025-03The Huntington National BankLei*****LLC$2,629,000
2025-03The Huntington National BankLei*****LLC$200,000
2025-02The Huntington National BankAda*****LLC$110,000
2025-02The Huntington National BankAUS*****NC.$2,686,000
2025-02The Huntington National BankAUS*****NC.$150,000
2025-02Colony BankUS *****LLC$150,000
2025-01First Commonwealth BankAva*****LLC$850,000
2025-01First Commonwealth BankAva*****LLC$150,000
2025-01The Huntington National BankTAL*****LLC$53,800
2025-01BayFirst National BankSTA*****INC$150,000
2025-01The Huntington National BankJER*****NC.$50,000
2025-01The Huntington National BankNor*****Co.$332,000
2024-12First Commonwealth BankThe*****LTD$5,000,000
2024-12Pathward National AssociationWeb*****orp$681,000
2024-12BayFirst National BankROU*****LLC$120,000
2024-12The Huntington National BankWeb*****nc.$1,665,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Save your lender shortlist & build your packet

Answer 2 more questions to refine your ranking and export a lender-ready packet.

Save & export my packet