What the New SBA Rule Changes Mean for Ohio Small Businesses
Big News from the SBA — Effective July 4, 2026 The U.S. Small Business Administration just made a significant change to how the SBA 7(a) and SBA 504 loan programs work together. If you have or are considering either type of loan, this is worth understanding. The short version: Ohio small businesses can now access […]
Borrower Spotlight: Tailored Massage Therapy & Wellness Finds a Home Built for Growth
Website: tailoredmassagetherapyandwellness.com Location: Mount Gilead, Ohio County: Morrow County Lending Partner: Park National Bank Care That Goes Beyond the Table Tailored Massage Therapy & Wellness has been a trusted wellness destination in Mount Gilead since the beginning. Co-owned and operated by Ashleigh Adkins and Elizabeth Trimble, the 100% women-owned business has built its reputation on […]
Borrower Spotlight: SB Home Staging & Design Buys Gahanna HQ
Borrower Spotlight: SB Home Staging & Design Brings Its Operation Home to Gahanna Website: sbhomestagingdesign.com County: Franklin County Lending Partner: Park National Bank Where Architecture Meets Fashion SB Home Staging & Design was built on a partnership that works exactly because the two founders bring completely different expertise to every project. Mauro Segabinazzi is a […]
Borrower Spotlight: Goyal Industries Acquires Forrest Machine Products and Keeps Ohio Jobs Intact
Location: Mansfield, Ohio County: Richland County Lending Partner: Park National Bank Built in Ohio, Built to Last Goyal Industries has been a fixture of Ohio manufacturing for more than 35 years. Founded in 1988 by Prakash Goyal and based in Mansfield, the company has built its reputation on precision. They produce custom metal components to […]
Borrower Spotlight: Lewellen’s Services Expands with a New Facility in Logan
Location: Logan, OhioCounty: Hocking CountyLending Partner: Vinton County National Bank A Business Built on Experience and Community Service For decades, Lewellen’s Services has been a trusted provider of water treatment and pest control services for homes and businesses throughout the Logan and Hocking Hills region. Known for dependable service and strong community roots, the company […]
SBA 504 Partner Buyouts: Financing Ownership Transitions the Smart Way
Ownership transitions are a natural part of business growth. Whether due to retirement, strategic restructuring, or shifting priorities, partner buyouts can create both opportunity and complexity. What many business owners and lenders do not realize is that the SBA 504 program can be used to facilitate certain partner buyouts when structured properly. What Is a […]
Borrower Spotlight: Nayosha Hospitality and the Quality Inn – Streetsboro
Website: https://www.choicehotels.com/ohio/streetsboro/quality-inn-hotels/oh607?mc=llgoxxpx Location: Streetsboro County: Portage Lending Partner: LendingClub Bank Ownership transitions can open the door to new growth when structured strategically. Nayosha Hospitality LLC provides a strong example of how the right financing solution can support long-term stability and operational efficiency. About Nayosha Hospitality Nayosha Hospitality LLC owns and operates the Quality Inn in […]
Borrower Spotlight: Lee Martin Development and Liberty Tax Linden
Website: https://www.libertytax.com/income-tax-preparation-locations/ohio/columbus/11711Location: Columbus, OhioCounty: Franklin CountyLending Partner: Mutual Federal For more than two decades, Lee Martin Development has been a trusted resource for individuals and small businesses in central Ohio. Through its Liberty Tax Service franchise in Linden, the company has helped clients navigate tax preparation, planning, payroll, and bookkeeping with a personal, community-focused approach. […]
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. […]