What SBA shows for Fifth Third Bank

The public SBA file credits Fifth Third Bank with 4,835 approved loans over FY2017 to FY2026, totalling $2.32 billion in gross dollars. The whole book is 7(a), with 0 loans under 504. SBA names the bank as the present or last holder of the loans, so these are holdings as recorded, and the page does not say the bank made them or describe how it lends.

Classes and their counts

The largest block, 3,640 loans, carries no asset class. Among classed loans, the biggest group is full-service restaurant at 252 loans, with limited-service restaurant at 163 and dental office at 108. Medical office (physicians) stands at 80, while veterinary clinic and fitness center each stand at 75. Food service and health practices therefore dominate what can be classed, which is the same pattern a borrower will meet in the study of any such property: revenue per seat or per chair, build-out cost and lease terms need testing.

Michigan and Texas lead the state list

Michigan holds 1,033 of the loans and Texas 823. California follows at 753, Ohio at 483 and Florida at 463. Illinois has 367 and North Carolina 177. These tallies show where the holder's file is concentrated by loan count. They are not a statement of where the bank prefers to lend, and a study in any of these states still starts from the local site.

Floors for cancellation and charge-off

Cancelled loans make up 10.0% of the FY2017 to FY2024 approvals (a floor), or 11.8% when the loans not yet disbursed are added in (the ceiling). 6.8% of the 2,356 loans disbursed across FY2017 to FY2021 stand charged off so far, and the figure at five years from approval is 3.6%. Since loans are still seasoning, later events can push the floors higher, and the rates blend all trades together.

Reading the record with a study in hand

When a borrower approaches a lender, the lender evaluates the project, not the page you are reading. A well built feasibility study lays out demand evidence, a cost estimate checked against comparable work, debt service coverage under a rate shock and an appraisal supported by income and sales evidence. This holder's record helps the borrower see what mix of loans the institution carries; it is context and carries no promise of approval.

SBA loans held by Fifth Third Bank

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	4,835
Gross dollars approved	$2.32 billion
SBA 7(a) loans	4,835
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	10.0%
The same, counting loans still undisbursed as cancelled (a ceiling)	11.8%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	6.8%
Charged off within five years of approval	3.6%
Loans in that cohort	2,356

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.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	3,640
Full-service restaurant	252
Limited-service restaurant	163
Dental office	108
Medical office (physicians)	80
Veterinary clinic	75
Fitness center	75
Automotive mechanical repair (car and truck)	69
Liquor store	67
Grocery store	41
Child care center	38
Coffee shop and snack bar	35
Beauty salon	33
Beverage manufacturing (breweries, wineries, distilleries)	31
Rehabilitation and therapy clinic	26
Gas station and truck stop	16
Caterers (includes banquet halls with catering staff)	15
Nonresidential lessor (flex, office and retail investor buildings)	10
Car wash	8
Data center	8
Urgent care and ambulatory surgery	7
Diagnostic imaging center	6
Behavioral health and addiction treatment	6
Warehouse and distribution	5
School (elementary and secondary, including charter)	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
Michigan	1,033
Texas	823
California	753
Ohio	483
Florida	463
Illinois	367
North Carolina	177
Indiana	168
Arizona	146
Kentucky	86
Georgia	77
Tennessee	63
South Carolina	21
Colorado	19
New York	18
New Jersey	16
West Virginia	14
Pennsylvania	13
Virginia	11
Wisconsin	11
Washington	10
Massachusetts	8
Oregon	7
Idaho	6
Alabama	5
Missouri	5

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

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; Loan Analytics lender cell LP-fdic-6672.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Fifth Third Bank or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Fifth Third Bank: SBA Lending Record