Farmers National Bank of Canfield approved 20 SBA loans worth $7.0M between October 2021 and June 2026, ranking #888 of 2,283 SBA lenders nationally by loan count. Its median loan was $290,000, and 75% went to startups or businesses under two years old. It lent in 3 states, most often in Ohio, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Ohio | 17 | $5.6M | $275,000 | #68 |
| Indiana | 2 | $1.0M | $500,000 | #157 |
| Pennsylvania | 1 | $350K | $350,000 | #223 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 5 | $275,000 | |
| Professional and technical services | 3 | $75,000 | |
| Other services (repair, personal care) | 3 | $520,000 | |
| Real estate and rental | 3 | $280,000 | |
| Education | 2 | $410,000 | |
| Manufacturing | 2 | $425,000 | |
| Retail | 2 | $500,000 |