SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Ohio: Top Lenders
NAICS 423NAICS 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
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 39 | $150,000 | |
| 2 | 4 | $548,900 | |
| 3 | 4 | $150,000 | |
| 4 | 3 | $35,000 | |
| 5 | 3 | $150,000 | |
| 6 | 2 | $57,500 | |
| 7 | 2 | $273,750 | |
| 8 | 2 | $1,296,400 | |
| 9 | 2 | $300,000 | |
| 10 | 2 | $255,000 | |
| 11 | 1 | $3,375,000 | |
| 12 | 1 | $1,350,000 | |
| 13 | 1 | $200,000 | |
| 14 | 1 | $299,000 | |
| 15 | 1 | $150,000 | |
| 16 | 1 | $681,000 | |
| 17 | 1 | $1,275,000 | |
| 18 | 1 | $60,000 | |
| 19 | 1 | $621,500 | |
| 20 | 1 | $150,000 |
Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Ohio
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Northwest Bank | Fir*****LLC | COLUMBUS, OH | $5,000,000 |
| 2025-11 | Newtek Bank, National Association | A &*****Inc | Cincinnati, OH | $250,000 |
| 2025-11 | The Huntington National Bank | Hub*****LLC | ASHTABULA, OH | $92,400 |
| 2025-11 | Celtic Bank Corporation | C. *****PLY | CLEVELAND, OH | $150,000 |
| 2025-09 | Northeast Bank | R.W*****nc. | Toledo, OH | $350,000 |
| 2025-09 | Pathward National Association | Par*****LLC | WESTLAKE, OH | $5,000,000 |
| 2025-09 | The Community Bank | Ree*****rne | ZANESVILLE, OH | $112,300 |
| 2025-09 | Northeast Bank | DIA*****LLC | Akron, OH | $250,000 |
| 2025-09 | Newtek Bank, National Association | A&R*****nc. | CINCINNATI, OH | $250,000 |
| 2025-09 | KeyBank National Association | Ohi*****LLC | GEORGETOWN, OH | $150,000 |
| 2025-08 | The Huntington National Bank | STR*****NC. | TWINSBURG, OH | $350,000 |
| 2025-08 | The Huntington National Bank | WOL*****NC. | CANTON, OH | $50,000 |
| 2025-07 | First Federal Community Bank National Association | Giu*****LLC | UHRICHSVILLE, OH | $50,000 |
| 2025-07 | The Huntington National Bank | Ape*****LLC | TIFFIN, OH | $117,000 |
| 2025-07 | JPMorgan Chase Bank, National Association | Com*****nc. | AKRON, OH | $250,000 |
| 2025-06 | U.S. Bank, National Association | MC *****LLC | BEACHWOOD, OH | $35,000 |
| 2025-06 | BayFirst National Bank | CUF*****LLC | COLUMBUS, OH | $150,000 |
| 2025-05 | The Huntington National Bank | Mai*****LC. | CINCINNATI, OH | $50,000 |
| 2025-05 | The Huntington National Bank | Mai*****LC. | CINCINNATI, OH | $181,500 |
| 2025-05 | The Huntington National Bank | CVG*****LLC | CINCINNATI, OH | $2,660,000 |
| 2025-05 | The Huntington National Bank | CVG*****LLC | CINCINNATI, OH | $200,000 |
| 2025-05 | The Huntington National Bank | Rai*****nc. | WADSWORTH, OH | $240,000 |
| 2025-05 | The Huntington National Bank | Arm*****Inc | LIMA, OH | $610,000 |
| 2025-05 | The Huntington National Bank | Arm*****Inc | LIMA, OH | $150,000 |
| 2025-05 | United Community Bank | N &*****ies | SHARONVILLE, OH | $4,550,000 |
| 2025-05 | The Huntington National Bank | 4PL*****LLC | MINERAL RIDGE, OH | $350,000 |
| 2025-04 | The Huntington National Bank | AXI*****LLC | NORTH LIMA, OH | $18,000 |
| 2025-04 | The Huntington National Bank | ARV*****LLC | MAUMEE, OH | $303,400 |
| 2025-04 | The Huntington National Bank | Roy*****LLC | AVON, OH | $250,000 |
| 2025-04 | The Huntington National Bank | DRA*****INC | COLUMBUS, OH | $160,900 |
| 2025-03 | KeyBank National Association | US *****nc. | CINCINNATI, OH | $1,980,000 |
| 2025-03 | First Federal Savings and Loan Association of Lakewood | CON*****NC. | BROADVIEW HEIGHTS, OH | $250,000 |
| 2025-03 | First Federal Savings and Loan Association of Lakewood | CON*****NC. | BROADVIEW HEIGHTS, OH | $1,500,000 |
| 2025-03 | The Huntington National Bank | Gaz*****LLC | BLUE ASH, OH | $400,000 |
| 2025-03 | The Huntington National Bank | Lei*****LLC | BATAVIA, OH | $2,629,000 |
| 2025-03 | The Huntington National Bank | Lei*****LLC | BATAVIA, OH | $200,000 |
| 2025-02 | The Huntington National Bank | Ada*****LLC | LONDON, OH | $110,000 |
| 2025-02 | The Huntington National Bank | AUS*****NC. | MASON, OH | $2,686,000 |
| 2025-02 | The Huntington National Bank | AUS*****NC. | MASON, OH | $150,000 |
| 2025-02 | Colony Bank | US *****LLC | Marion, OH | $150,000 |
| 2025-01 | First Commonwealth Bank | Ava*****LLC | CINCINNATI, OH | $850,000 |
| 2025-01 | First Commonwealth Bank | Ava*****LLC | CINCINNATI, OH | $150,000 |
| 2025-01 | The Huntington National Bank | TAL*****LLC | AKRON, OH | $53,800 |
| 2025-01 | BayFirst National Bank | STA*****INC | CINCINNATI, OH | $150,000 |
| 2025-01 | The Huntington National Bank | JER*****NC. | ARCHBOLD, OH | $50,000 |
| 2025-01 | The Huntington National Bank | Nor*****Co. | CHARDON, OH | $332,000 |
| 2024-12 | First Commonwealth Bank | The*****LTD | WORTHINGTON, OH | $5,000,000 |
| 2024-12 | Pathward National Association | Web*****orp | CONNEAUT, OH | $681,000 |
| 2024-12 | BayFirst National Bank | ROU*****LLC | ORRVILLE, OH | $120,000 |
| 2024-12 | The Huntington National Bank | Web*****nc. | WEST CHESTER, OH | $1,665,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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