SBA 7(a) Data Center Feasibility Study in Ohio

What Ohio adds to the national data center picture

Set beside the country, Ohio contributes 38 SBA 7(a) loans for data center projects, $16.9 million overall, FY2017 to FY2026. In Ohio the class stands 22 of 39, and Ohio itself ranks 5 among states for data center. The $178,250 median is 0.89x of the data center median nationwide under SBA 7(a), so Ohio sits below what data center tickets show elsewhere. In Ohio, half of data center loans fall from $100,000 to $393,500, and franchising marks 0.00% of Ohio data center loans.

The data center holder table and map for Ohio

The Huntington National Bank tops the Ohio data center holder list on 21 loans and $5.6 million. Ohio names follow SBA's current-holder field. Franklin County, 17 loans, Cuyahoga County, 4 loans, Medina County, 3 loans, Hamilton County, 2 loans and Stark County, 2 loans: those are the leading Ohio data center places.

Year-by-year volume in Ohio

The Ohio data center record opens at 7 loans and $1.6 million in FY2017, peaks at 8 loans ($3.4 million) in FY2025, and Ohio closes the series at 1 loan and $256,700 in FY2026.

Floors for data center lenders to read

The Ohio data center cancellation rate is held back: data center approvals are too few, so this Ohio page offers no data center figure for it. For Ohio data center loans, no Ohio charge-off rate is shown for data center funded FY2017 to FY2021: the Ohio cohort is under the threshold, and for data center that is not zero.

Ohio data centers: proof a lender expects

A facility in Ohio has to show power, and a study should document utility capacity, rate structure and redundancy, then cooling approach and physical security. Demand evidence comes next: signed or letter-of-intent customers, the network carriers on site and the regional market for colocation. Fit-out budgets are best compared with loans of about $178,250, coverage shown after realistic lease-up, and the appraisal built on contracted income. Moving to a larger footprint later is an upside, not a basis for debt service.

Ohio facilities and hosting firms

One code takes in data processing and hosting businesses as well, so a Ohio colocation building looks like an operating firm here, and some loans may have funded one.