OH 166


The Ohio 166 is a State-backed loan designed for small businesses that want to invest in expansion but still maintain cash for working capital. As such, it provides longer loan terms at fixed, below-market interest rates with lower down payment requirements.

Ohio 166 loans are provided in conjunction with a bank or other primary lender, financing up to 30 to 40% of the total cost of commercial real estate projects and equipment purchases. These features are ideal for a wide range of businesses, even if they already qualify for a conventional loan.

2025 Year in Review: OSDC’s Impact Across Ohio

As 2025 comes to a close, Ohio’s small businesses continue to move forward with the support of strong partnerships and the right access to capital. Throughout the year, we worked alongside lenders, community organizations, and business owners to support projects that created jobs, expanded operations, and strengthened local economies across the state. This year-in-review highlights […]

Celebrating Our 2025 OSDC Award Winners

Each year, OSDC has the privilege of working alongside lenders, referral partners, and community organizations that are deeply committed to supporting Ohio’s small businesses. Our annual awards are an opportunity to pause, reflect, and celebrate the partnerships that make this work possible. The 2025 OSDC Award Winners represent excellence in collaboration, innovation, and community impact. […]

Borrower Spotlight: North Central Fabrication

Website: https://northcentralfabrication.com/ Location: Mansfield County: Richland Lending Partner: Park National Bank North Central Fabrication provides structural steel, joist & deck, and miscellaneous metals for projects related to education, retail, healthcare, industrial, and amusement park industries. Its main office is in Mansfield, Ohio, but they work on projects across the United States. OSDC worked with Park […]

Borrower Spotlight: Site Waste Service, LLC

Website: https://wrightmaterial.com/   Location: Columbus, OH   County: Franklin   Lending Partner: Park National Bank  Site Waste Service and Wright Material Solutions are home-grown Columbus, Ohio businesses serving the construction industry. They provide dumpster services, haul materials and waste to and from sites, and offer demolition services. Originally located in Franklinton, the companies are now located in south […]

Borrower Spotlight: Defifoods Group International, Inc.

Website: https://defifoods.com/ Location: Defiance County: Defiance Lending Partner: Citizens National Bank Defifoods Group International is minority-owned family business that manufactures private label chocolates and other confections. They create a variety of organic chocolates using ethically grown cocoa sourced throughout the world. They moved their production and warehouse operations to Defiance in 2022 to better serve […]

Borrower Spotlight: Michael Byrne Manufacturing

Website: https://byrnegroup.com/ Location: Mansfield County: Richland Lending Partner: Park National Bank Michael Byrne Manufacturing is a women-owned family business that manufacturers auger boring machines, augers, cutting heads, and industrial gearboxes. It supplies utility contractors with equipment to drill horizontally underground to install water, sewer, gas, oil, and electric lines to provide energy to homes and businesses. The business started […]

Borrower Spotlight: Costume Specialists

Website: https://costumespecialists.com/ Location: Columbus County: Franklin Lending Partner: KeyBank Founded in 1983, Costume Specialists is the world’s only custom mascot character production company that manufactures both foam and inflatable costumes. Under the leadership of Greg Manger, President and CEO, the company is dedicated to turning any character into a star, with creations that have reached […]

Borrower Spotlight: Mode Architects 

Website: Mode Architects  Location: Groveport  County: Franklin  Lending Partner: Park National Bank  Mode Architects is a full-service architecture firm started in 2008 and located in Groveport, Ohio.  Their services include architectural planning, interior design, space planning and branded environments, with a focus on office, bar/restaurant, healthcare and parking garage projects.    OSDC worked with Park National […]

Borrower Spotlight: Boss Display  

Website: Boss Display  Location: Columbus  County: Franklin  Lending Partner: Premier Bank  Boss Display Corporation is a specialized manufacturer of interactive exhibits for children that are purchased by museums and other public facilities throughout the world. They are located in Columbus, Ohio and have been in business since 1934, operating out of a 45,000 square foot […]

Borrower Spotlight: Right Way Medical

Website: https://rightwaymed.com/ Location: Westerville County: Franklin Lending Partner: Huntington National Bank Right Way Medical is a medical supply company that provides disposable medical supplies and infusion pumps to medical facilities, pharmacies, and other healthcare groups. They sell equipment, offer repair services, and provide technical assistance and support.  OSDC worked with Huntington National Bank to provide low-interest equipment financing […]