SBA Loans for Homes for the Elderly in Ohio: Top Lenders
NAICS 623NAICS 623 covers homes for the elderly businesses in Ohio. Based on historical SBA 7(a) lending data.
Total Approvals
16
in Ohio
Median Loan Size
$143,650
per approval
Recent Activity
4
last 90 days through Aug 2025
NAICS 623 covers homes for the elderly businesses. This is a smaller category in SBA 7(a) lending with 16 approvals on record and a median loan size of $143,650.
Key trends & insights
- Homes for the Elderly in Ohio lending is concentrated — THE Huntington National Bank, Centerstone SBA Lending, INC., Keybank, National Association together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 5 approvals (31% market share) and a median loan of $30,000.
- Homes for the Elderly in Ohio loans skew smaller than the SBA average at $143,650 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 Homes for the Elderly in Ohio
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 5 | $30,000 | |
| 2 | 2 | $1,732,500 | |
| 3 | 2 | $10,000 | |
| 4 | 1 | $340,000 | |
| 5 | 1 | $58,900 | |
| 6 | 1 | $2,250,000 | |
| 7 | 1 | $625,000 | |
| 8 | 1 | $297,500 | |
| 9 | 1 | $343,000 | |
| 10 | 1 | $100,000 |
Recent SBA 7(a) approvals for Homes for the Elderly in Ohio
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-09 | Newtek Bank, National Association | Bil****LLC | Painesville, OH | $150,000 |
| 2025-08 | Readycap Lending, LLC | MCE*****LLC | MANSFIELD, OH | $1,115,000 |
| 2025-08 | Harvest Small Business Finance, LLC | A G*****ife | TOLEDO, OH | $297,500 |
| 2025-07 | Growth Capital Corp. | Rec*****LLC | CLEVELAND, OH | $100,000 |
| 2025-06 | The Huntington National Bank | New*****LLC | AKRON, OH | $19,700 |
| 2025-06 | The Huntington National Bank | New*****LLC | AKRON, OH | $112,300 |
| 2025-04 | Growth Capital Corp. | Sab*****LLC | Gahanna, OH | $108,000 |
| 2025-03 | The Fahey Banking Company | New*****LLC | Newtown, OH | $490,000 |
| 2025-03 | The Fahey Banking Company | Lov*****LLC | Loveland, OH | $425,000 |
| 2025-02 | Newtek Bank, National Association | Ser*****ion | Middleburg Heights, OH | $400,000 |
| 2025-01 | Shoreham Bank | Har*****LLC | Canton, OH | $2,340,000 |
| 2025-01 | First Federal Savings and Loan Association of Lakewood | COL*****LLC | NORTH RIDGEVILLE, OH | $625,000 |
| 2024-07 | Newtek Bank, National Association | Orc*****LLC | ALLIANCE, OH | $2,250,000 |
| 2024-03 | Live Oak Banking Company | EVE*****NC. | STRONGSVILLE, OH | $3,170,000 |
| 2023-11 | The Huntington National Bank | Kin*****LLC | TOLEDO, OH | $10,000 |
| 2023-11 | The Huntington National Bank | Div*****LLC | MADISON, OH | $175,000 |
| 2023-09 | The Huntington National Bank | Mad*****nc. | MADISON, OH | $350,000 |
| 2023-04 | The Huntington National Bank | Bla*****LLC | Warrensville Hts, OH | $150,000 |
| 2023-04 | Bank Five Nine | Mim*****LLC | MAINEVILLE, OH | $340,000 |
| 2023-02 | United Midwest Savings Bank National Association | Bet*****LLC | Willoughby, OH | $159,000 |
| 2023-01 | The Huntington National Bank | DGS*****LLC | FAIRLAWN, OH | $50,000 |
| 2022-11 | The Huntington National Bank | MR***LLC | Loveland, OH | $468,400 |
| 2022-11 | The Huntington National Bank | MR***LLC | Loveland, OH | $25,000 |
| 2022-11 | The Park National Bank | Bas*****Inc | WILLIAMSBURG, OH | $521,000 |
| 2022-06 | The Huntington National Bank | Hel*****LLC | Whitehall, OH | $30,000 |
| 2022-05 | The Huntington National Bank | RV *****LLC | Garfield Heights, OH | $150,000 |
| 2022-04 | Centerstone SBA Lending, Inc. | CLO*****NC. | IRONTON, OH | $1,285,000 |
| 2022-04 | Centerstone SBA Lending, Inc. | ST.*****LLC | IRONTON, OH | $2,180,000 |
| 2022-03 | The Huntington National Bank | Fri*****LLC | Toledo, OH | $100,000 |
| 2022-02 | KeyBank National Association | Fid*****LLC | Dayton, OH | $10,000 |
| 2022-02 | KeyBank National Association | Pen*****LLC | Canton, OH | $10,000 |
| 2021-12 | Newtek Small Business Finance, Inc. | Dun*****nor | STEUBENVILLE, OH | $343,000 |
| 2021-10 | The Huntington National Bank | IND*****LLC | Tallmadge, OH | $25,000 |
| 2021-09 | Sutton Bank | Wyn*****Inc | GREEN SPRINGS, OH | $65,000 |
| 2021-08 | The Huntington National Bank | DEB*****LLC | Beachwood, OH | $100,000 |
| 2021-07 | Newtek Small Business Finance, Inc. | Ben*****nc. | TOLEDO, OH | $1,047,000 |
| 2021-02 | The Huntington National Bank | THE*****LLC | SPRINGFIELD, OH | $200,000 |
| 2020-10 | The Huntington National Bank | Bet*****LLC | Fairlawn, OH | $30,000 |
| 2020-08 | First Bank | Bee*****oro | SPRINGBORO, OH | $4,830,600 |
| 2020-08 | Sutton Bank | Wyn*****Inc | GREEN SPRINGS, OH | $58,900 |
| 2020-04 | CRF Small Business Loan Company, LLC | CLO*****NC. | Ironton, OH | $1,523,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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