Fifth Third Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Fifth Third Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 407 | $102.2M | $251K | 1.7% |
| 721110 | Hotels (except Casino Hotels) and Motels | 402 | $339.5M | $845K | 1.7% |
| 624410 | Child Care Services | 373 | $177.7M | $476K | 1.6% |
| 621210 | Offices of Dentists | 340 | $164.0M | $482K | 1.4% |
| 722511 | Full-Service Restaurants | 293 | $116.4M | $397K | 1.2% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 250 | $92.1M | $368K | 1.1% |
| 811192 | Car Washes | 249 | $180.1M | $723K | 1.1% |
| 713940 | Fitness and Recreational Sports Centers | 235 | $83.6M | $356K | 1.0% |
| 812112 | Beauty Salons | 231 | $42.5M | $184K | 1.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 224 | $87.5M | $391K | 1.0% |
Geographic Distribution
SBA lending activity for Fifth Third Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 4,160 | $1.75B | 17.7% |
| California (CA) | 4,278 | $1.66B | 18.2% |
| Michigan (MI) | 4,267 | $1.53B | 18.2% |
| Ohio (OH) | 2,670 | $740.6M | 11.4% |
| Florida (FL) | 1,806 | $725.0M | 7.7% |
| Illinois (IL) | 1,650 | $502.3M | 7.0% |
| Indiana (IN) | 1,127 | $299.1M | 4.8% |
| Arizona (AZ) | 537 | $229.5M | 2.3% |
| North Carolina (NC) | 574 | $210.3M | 2.4% |
| Georgia (GA) | 358 | $195.6M | 1.5% |
| Kentucky (KY) | 624 | $139.3M | 2.7% |
| Colorado (CO) | 155 | $91.8M | 0.7% |
| Tennessee (TN) | 267 | $77.0M | 1.1% |
| Washington (WA) | 118 | $70.0M | 0.5% |
| South Carolina (SC) | 77 | $59.3M | 0.3% |
| Nevada (NV) | 103 | $53.6M | 0.4% |
| New York (NY) | 48 | $40.1M | 0.2% |
| Pennsylvania (PA) | 68 | $33.6M | 0.3% |
| Missouri (MO) | 63 | $30.7M | 0.3% |
| Louisiana (LA) | 48 | $27.4M | 0.2% |
| Wisconsin (WI) | 41 | $23.6M | 0.2% |
| Virginia (VA) | 51 | $22.5M | 0.2% |
| West Virginia (WV) | 44 | $20.9M | 0.2% |
| New Jersey (NJ) | 42 | $20.8M | 0.2% |
| Mississippi (MS) | 29 | $20.5M | 0.1% |
| Oregon (OR) | 39 | $18.6M | 0.2% |
| Alabama (AL) | 32 | $18.5M | 0.1% |
| Minnesota (MN) | 32 | $16.7M | 0.1% |
| Oklahoma (OK) | 22 | $13.8M | 0.1% |
| Utah (UT) | 15 | $10.4M | 0.1% |
| Idaho (ID) | 13 | $9.2M | 0.1% |
| Arkansas (AR) | 13 | $9.2M | 0.1% |
| Massachusetts (MA) | 26 | $9.0M | 0.1% |
| New Mexico (NM) | 12 | $8.8M | 0.1% |
| Maryland (MD) | 26 | $7.7M | 0.1% |
| Kansas (KS) | 14 | $6.4M | 0.1% |
| Hawaii (HI) | 10 | $4.4M | 0.0% |
| Connecticut (CT) | 8 | $3.0M | 0.0% |
| New Hampshire (NH) | 4 | $2.7M | 0.0% |
| Alaska (AK) | 3 | $2.3M | 0.0% |
| Nebraska (NE) | 3 | $2.3M | 0.0% |
| Maine (ME) | 1 | $1.7M | 0.0% |
| Delaware (DE) | 4 | $1.5M | 0.0% |
| District of Columbia (DC) | 2 | $1.4M | 0.0% |
| Rhode Island (RI) | 3 | $813K | 0.0% |
| South Dakota (SD) | 2 | $489K | 0.0% |
| Iowa (IA) | 1 | $322K | 0.0% |
| North Dakota (ND) | 2 | $312K | 0.0% |
| Montana (MT) | 2 | $265K | 0.0% |
Why Choose Fifth Third Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 23,494 SBA loans approved, totaling $8.72B in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Hotels (except Casino Hotels) and Motels, Child Care Services
- ✓Competitive Terms: Average interest rate of 6.42% with flexible term lengths averaging 129 months
- ✓Loan Range: Loan sizes from $3K to $5.0M, with an average of $371K
- ✓Nationwide Reach: Active lending in 49 states, with strong presence in CA, MI, TX
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Fifth Third Bank SBA lending
What types of businesses does Fifth Third Bank typically finance?
Fifth Third Bank specializes in SBA 7(a) lending to specific industries including general automotive repair, hotels (except casino hotels) and motels, child care services, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Fifth Third Bank's typical SBA loan terms?
Fifth Third Bank's SBA 7(a) loans typically feature an average interest rate of 6.42% and average term length of 129 months (approximately 11 years). Loan sizes range from $3K to $5.0M, with an average loan size of $371K.
Do I need a business valuation for a Fifth Third Bank SBA loan?
Yes, Fifth Third Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Fifth Third Bank compare to other SBA lenders?
Fifth Third Bank has originated 23,494 SBA loans totaling $8.72B since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Fifth Third Bank lend in?
Fifth Third Bank provides SBA 7(a) financing with particularly strong presence in CA, MI, TX, OH, FL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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