What SBA's own loan files show about lending in the Fremont, OH Micro Area, every asset class together, and what a feasibility study for a project there has to test.
From FY2017 to FY2026, SBA approved 116 loans for projects in Fremont, with a combined value of $44.9 million in gross dollars. Fremont sits within every metro and micro area, on volume, as 437 of 928. Half of Fremont loans, the middle ones, spans $31,700 to $363,150, and the typical Fremont loan stands at $100,000, only 0.48x what the national median shows. Further, Loan Analytics holds back the split between the two programs in Fremont, since at least one program has too few loans; no number is printed and the gap is not a zero. Notably, franchised units took 5.2% of the record.
Beyond that, no single named class reaches the bar required to be printed here, so the lending reads as scattered isolated approvals around Sandusky County, OH and not a cluster in any single use. Also, a further 95 loans in Fremont sit outside every class. Every loan in Fremont sits in Sandusky County, OH, at 116 loans, which makes our work around Fremont a matter of one county only.
Lenders shown for Fremont derive from SBA's public Fremont records of the 116 approvals in Fremont, whoever holds or held them; those files log each holder yet pass no judgment on lender underwriting. Beyond that, in the 7(a) program near Sandusky County, OH, SBA lists The Huntington National Bank ($20.1 million across 81 loans), then The Croghan Colonial Bank, with 6 loans for $5.8 million. Treat the holder rows as background; the Fremont study should follow whichever documents the borrower's lender requests.
Looking at Fremont approvals from FY2017 to FY2024, not below 9.9% ended in cancellation after approval in Fremont, and that is a floor; the full Fremont share is no lower. For the record, a loss rate from charge-off around Sandusky County, OH is not printed here, for too few Fremont loans moved to disbursement. That omission, within Fremont, should never be read as no losses. Also, year by year, Fremont hit its high in FY2020 at 18 loans and $12.0 million, and was weakest in FY2022 at 6 loans and $4.2 million. Beyond that, a few years in the Fremont series are held back, because too few loans stand behind them; in print they stay empty, never zero.
For Fremont, begin with demand: who shops in Sandusky County, OH, measured against Fremont as a whole, and whether the existing Fremont operators leave room for one more. Worth noting, cost next: $100,000 is the Fremont median and $31,700 to $363,150 the middle half, so a Sandusky County, OH site should be costed on evidence against this $100,000 benchmark. Worth noting, debt service: Fremont debt service outlasts a weak year against the 9.9% floor for cancellation and the charge-off floor for Fremont, which is also not published for lack of loans. The Fremont appraisal needs to agree with the worth assumed. Fremont uses the 2023 July area map; a loan whose home county lacks a CBSA match appears in none of any area, Fremont as well, yet the totals count loans sitting outside the class list.
| Loans approved, FY2017 to FY2026 | 116 |
|---|---|
| Gross dollars approved | $44.9 million |
| Median loan | $100,000 |
| Middle half of loans, from | $31,700 |
| Middle half of loans, to | $363,150 |
| SBA 7(a) loans | withheld |
| SBA 504 loans | withheld |
| Franchise share of loans | 5.2% |
| Rank among metro and micro areas by loans | 437 of 928 |
| Median loan against the national median | 0.48x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 9.9% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | withheld |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | withheld |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
SBA loans approved in the Fremont, OH Micro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 15 | $3.8 million |
| FY2018 | 9 | $2.1 million |
| FY2019 | 11 | $4.2 million |
| FY2020 | 18 | $12.0 million |
| FY2021 | 14 | $5.7 million |
| FY2022 | 6 | $4.2 million |
| FY2023 | 14 | $1.5 million |
| FY2024 | 14 | $3.7 million |
| FY2025 | withheld | withheld |
| FY2026 | withheld | withheld |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 95 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
| Lender | Loans | Dollars |
|---|---|---|
| The Huntington National Bank | 81 | $20.1 million |
| The Croghan Colonial Bank | 6 | $5.8 million |
| The First National Bank Bellevue | 6 | $5.4 million |
Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.
| County | Loans |
|---|---|
| Sandusky County, OH | 116 |
Counties with 5 or more loans; smaller ones are not listed.
Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.
All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-23380.
A worked example of the feasibility study a lender would read for a glamping resort project in Ohio, financed with a USDA Business and Industry guaranteed loan.
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Fremont, OH Micro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
Start with the data.
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