What SBA's own loan files show about lending in the Springfield, OH Metro Area, every asset class together, and what a feasibility study for a project there has to test.
SBA approved 165 loans in Springfield, OH from FY2017 to FY2026, $80.5 million in gross dollars. By loan count, Springfield, OH stands 350 of 928 among all areas. The Springfield, OH median loan is $142,500. Springfield, OH sees its middle half between $44,500 and $382,800. The Springfield, OH median sits at 0.69x nationally. Program mix for Springfield, OH: 152 7(a), 13 504. Franchise brands account for 6.1% of Springfield, OH loans. Those 165 Springfield, OH loans carry $80.5 million.
Full-service restaurant (7) tops Springfield, OH; veterinary clinic (5) and limited-service restaurant (5) follow. 127 loans in Springfield, OH fit no class, so Springfield, OH class patterns say less. SBA locates every Springfield, OH loan in Clark County, OH, 165 in all.
Holders in Springfield, OH may not be the makers. Among Springfield, OH 7(a) holders: The Huntington National Bank (83 loans, $28.3 million) and New Carlisle Federal Savings Bank (19 loans, $5.2 million). Springfield, OH lists, for 504, 6 loans at Community Capital Development Corporation ($3.4 million). For a Springfield, OH borrower, the rows are context only. Springfield, OH rows promise no one a loan.
A floor of 9.2% describes Springfield, OH cancellations on FY2017 to FY2024 approvals. Springfield, OH withholds a ceiling: Springfield, OH loans are too few. Springfield, OH charge-offs go unprinted. The Springfield, OH FY2017 to FY2021 cohort is small. Neither zero nor clean describes Springfield, OH. A lender reading Springfield, OH takes both rates as the least. Springfield, OH history only grows. Springfield, OH is built from county names. Springfield, OH follows the July 2023 delineation. Springfield, OH omits loans with no county match. The Springfield, OH total includes loans outside the classes.
The Springfield, OH trend peaks in FY2024 with 32 loans ($17.0 million) and bottoms in FY2022 with 6 ($6.4 million). FY2017 opened the Springfield, OH series with 18 loans ($3.2 million). The latest year, FY2026, shows 11 loans and $13.3 million for Springfield, OH. A Springfield, OH study weighs local demand against Clark County, OH competitors, not national patterns. The Springfield, OH median is $142,500. Set Springfield, OH budgets beside it; nationally it is 0.69x. Debt service in Springfield, OH is tested downside first. Springfield, OH lenders read the floors above. The Springfield, OH appraiser reads local comparables. The Springfield, OH study reconciles them to cost. Absorption near Clark County, OH is tested for Springfield, OH on a slow case. Beside Clark County, OH findings, the Springfield, OH study lists what it could not test.
| Loans approved, FY2017 to FY2026 | 165 |
|---|---|
| Gross dollars approved | $80.5 million |
| Median loan | $142,500 |
| Middle half of loans, from | $44,500 |
| Middle half of loans, to | $382,800 |
| SBA 7(a) loans | 152 |
| SBA 504 loans | 13 |
| Franchise share of loans | 6.1% |
| Rank among metro and micro areas by loans | 350 of 928 |
| Median loan against the national median | 0.69x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 9.2% |
|---|---|
| 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 Springfield, OH Metro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 18 | $3.2 million |
| FY2018 | 17 | $5.1 million |
| FY2019 | 7 | $3.7 million |
| FY2020 | 11 | $1.9 million |
| FY2021 | 24 | $11.1 million |
| FY2022 | 6 | $6.4 million |
| FY2023 | 15 | $4.6 million |
| FY2024 | 32 | $17.0 million |
| FY2025 | 24 | $14.4 million |
| FY2026 | 11 | $13.3 million |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 127 |
| Full-service restaurant | 7 |
| Veterinary clinic | 5 |
| Limited-service restaurant | 5 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
| Lender | Loans | Dollars |
|---|---|---|
| Community Capital Development Corporation | 6 | $3.4 million |
| Lender | Loans | Dollars |
|---|---|---|
| The Huntington National Bank | 83 | $28.3 million |
| New Carlisle Federal Savings Bank | 19 | $5.2 million |
| Readycap Lending, LLC | 6 | $638,500 |
| U.S. Bank, National Association | 6 | $136,000 |
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 |
|---|---|
| Clark County, OH | 165 |
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-44220.
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 Springfield, 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.
Start with the data.
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