What SBA's own loan files show about lending in the Mansfield, OH Metro Area, every asset class together, and what a feasibility study for a project there has to test.
For Mansfield, the agency's approval files hold 214 approved loans over FY2017 to FY2026, totalling $81.2 million in gross dollars. Mansfield stands across all such areas nationwide, on volume, at rank 300 of 928. Half of Mansfield loans, the middle ones, falls between $46,675 and $340,000, about a median of $100,000; set against the nationwide median, that comes to 0.48x. Split by program, Mansfield shows 205 loans in 7(a) against 9 under 504. Franchise brands account for 10.3% of approvals.
In the same files, across the business classes we track for Mansfield, full-service restaurant comes first with 13 loans, and then hotel and motel, 11 loans and limited-service restaurant (8). A further 155 loans in Mansfield sit outside every class. Every loan in Mansfield falls in Richland County, OH, at 214 loans, which makes a feasibility study around Mansfield a matter of one county only.
Lenders shown for Mansfield are copied from SBA's published Mansfield records of the 214 loans in Mansfield, and who holds or held each; those files tie every entry but say nothing of what lenders require. Besides, in the 7(a) program near Richland County, OH, SBA's records name The Huntington National Bank, with 101 loans for $11.8 million, followed by The Park National Bank, with 13 loans for $9.3 million. An applicant in Mansfield may ask The Huntington National Bank or another Mansfield holder near Richland County, OH for its paperwork list, then shape the Mansfield study to answer that.
Looking at Mansfield approvals from FY2017 through FY2024, not below 7.3% ended in cancellation after approval in Mansfield, and that is a floor; the full Mansfield rate can only be higher. Worth noting, the charge-off rate for Richland County, OH is not printed in the record, for too few Mansfield loans funded. That silence, for Richland County, OH, is not to be taken as a clean record. For the record, on the calendar, Mansfield was strongest in FY2023 at 38 loans and $15.5 million, and fell to its low in FY2019 at 7 loans and $581,000.
Around Richland County, OH, demand comes first: who lives in Richland County, OH, who travels in, measured against Mansfield overall, and whether full-service restaurant, with 13 loans, leaves any room. Cost: $100,000 is the Mansfield median and $46,675 to $340,000 the middle half, so a Richland County, OH site must justify its budget against that $100,000 marker. Coverage: Mansfield repayment withstands a weak year against the 7.3% cancellation rate and charge-off rate for Mansfield, which is also withheld because too few loans support it. The Richland County, OH appraisal has to support the worth the loan uses. Mansfield relies on the July 2023 delineation; an approval whose home county finds no place drops out of all other areas, Mansfield too, though the totals carry loans sitting outside the listed classes.
| Loans approved, FY2017 to FY2026 | 214 |
|---|---|
| Gross dollars approved | $81.2 million |
| Median loan | $100,000 |
| Middle half of loans, from | $46,675 |
| Middle half of loans, to | $340,000 |
| SBA 7(a) loans | 205 |
| SBA 504 loans | 9 |
| Franchise share of loans | 10.3% |
| Rank among metro and micro areas by loans | 300 of 928 |
| Median loan against the national median | 0.48x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 7.3% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 9.9% |
| 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 Mansfield, OH Metro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 22 | $9.7 million |
| FY2018 | 32 | $9.7 million |
| FY2019 | 7 | $581,000 |
| FY2020 | 18 | $4.8 million |
| FY2021 | 24 | $14.0 million |
| FY2022 | 21 | $5.0 million |
| FY2023 | 38 | $15.5 million |
| FY2024 | 29 | $5.8 million |
| FY2025 | 11 | $4.1 million |
| FY2026 | 12 | $12.0 million |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 155 |
| Full-service restaurant | 13 |
| Hotel and motel | 11 |
| Limited-service restaurant | 8 |
| Automotive mechanical repair (car and truck) | 5 |
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 | 101 | $11.8 million |
| The Park National Bank | 13 | $9.3 million |
| Sutton Bank | 12 | $4.2 million |
| KeyBank National Association | 10 | $3.1 million |
| Byline Bank | 5 | $13.0 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 |
|---|---|
| Richland County, OH | 214 |
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-31900.
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 Mansfield, OH Metro 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.
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