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Ohio Statewide Development Corporation logo

Ohio Statewide Development Corporation

Listed
Direct business lender for sBA 504 loans and term loansColumbus, OhioBased in Ohio; service area not yet provided
BBLL 000596Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

Ohio Statewide Development Corporation provides SBA 504 and Ohio 166 fixed-asset financing alongside banks and other primary lenders.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

SBA 504 loansTerm loansCommercial real estate loansEquipment financing
General small business
From the lender's own site and public records.

A second look at Ohio Statewide Development Corporation

Ohio Statewide Development Corporation provides SBA 504 and Ohio 166 fixed-asset financing alongside banks and other primary lenders.

Ohio Certified Development Company administering SBA and state-backed project loans.

Published by Levr, not by Ohio Statewide Development Corporation. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

SBA 504

Uses
Commercial real estate, equipment and eligible debt refinancing.
CDC share and term
Up to 40% of project cost, with 10-, 20- or 25-year terms.
Amount
Published loan limits are $5 million, or $5.5 million for qualifying manufacturing projects.

Provider sources: SBA 504 official source · SBA 504 official source

Ohio 166

Amount and uses
Up to $1 million for eligible real estate and equipment; typically 30–40% of the project cost alongside a primary lender.
Terms
Up to 20 years for property or 10 years for machinery and equipment; no prepayment penalty is advertised.
Eligibility
Job creation or retention and occupancy requirements apply; retail businesses are excluded.

Provider sources: Ohio 166 official source

When it may fit

Our assessment of the published programs

  • Ohio businesses investing in eligible fixed assets.

What to weigh carefully

  • The 504 page retains older $15 million/$5 million size-test figures; confirm current SBA requirements instead.
  • State and SBA loans have separate eligibility and permitted uses.

Questions before you accept an offer

  1. Which program best fits this project and current SBA eligibility?
  2. What bank share, equity and job commitments are required?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Huntington Bank

Huntington provides Ohio commercial and SBA bank financing.

Freedom Equity

Freedom Equity offers a smaller Central Ohio community-loan comparison for eligible needs.

The lender

Type
Direct business lender
Legal name
Not yet provided Add it
Founded
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Charter
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Headquarters
Columbus, Ohio
Service area
Based in Ohio; service area not yet provided
Meets in person
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Languages
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Program approvals
SBA 504
Also lends to consumers
Not yet provided Add it
Website
osdc.net
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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