SBA Loans for NAICS 517 in Ohio: Top Lenders

NAICS 517

NAICS 517 covers wireless telecommunications carriers (except satellite) businesses in Ohio. Based on historical SBA 7(a) lending data.

Total Approvals

5

in Ohio

Median Loan Size

$205,000

per approval

Recent Activity

0

last 90 days through Apr 2023

NAICS 517 covers wireless telecommunications carriers (except satellite) businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $205,000.

Key trends & insights

  • NAICS 517 in Ohio loans skew smaller than the SBA average at $205,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2023-04-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for NAICS 517 in Ohio

#LenderApprovalsMedian Size
14$227,500
21$20,000

Recent SBA 7(a) approvals for NAICS 517 in Ohio

MonthLenderBorrowerAmount
2024-02JPMorgan Chase Bank, National AssociationKEN*****LLC$100,000
2023-04PNC Bank, National AssociationTRU*****LLC$20,000
2022-01The Huntington National BankGre*****Ltd$205,000
2021-07The Huntington National BankLAN*****nc.$411,000
2021-06The Huntington National BankLAN*****nc.$913,400
2020-11The Huntington National BankVeh*****LLC$250,000
2020-08The Huntington National BankDIG*****NC.$88,600
2020-08CFBank National AssociationMVD*****LLC$2,659,000
2020-08CFBank National AssociationMVD*****LLC$250,000

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

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