47 SBA loans worth $13.6M went to businesses in Avon Lake, OH between October 2021 and June 2026, from 13 lenders. Huntington National Bank made the most, 27 loans. The median loan was $100,000, compared with $100,000 across Ohio, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 27 | $4.0M | $66,000 | 11% |
| 2 | Northwest Bank Bank · Warren, PA | 6 | $4.9M | $253,500 | 50% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 3 | $416K | $150,000 | 33% |
| 4 | Growth Capital Non-bank lender · Cleveland, OH | 2 | $150K | $75,000 | 0% |
| 5 | Growth Capital Certified development company · Cleveland, OH | 1 | $2.0M | $1,996,000 | 0% |
| 6 | Alloy Development Co. Certified development company · Cincinnati, OH | 1 | $1.1M | $1,090,000 | 0% |
| 7 | Civista Bank Bank · Sandusky, OH | 1 | $439K | $439,000 | 0% |
| 8 | Accion Opportunity Fund Community Development Non-bank lender · San Jose, CA | 1 | $150K | $150,000 | 0% |
| 9 | Newtek Bank Bank · Miami, FL | 1 | $150K | $150,000 | 100% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $137K | $136,800 | 100% |
| 11 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $127K | $126,900 | 0% |
| 12 | KeyBank Bank · Cleveland, OH | 1 | $25K | $25,000 | 0% |
| 13 | PNC Bank Bank · Wilmington, DE | 1 | $20K | $20,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 14 | $125,000 | Huntington National Bank | |
| Administrative and support services | 6 | $48,750 | Huntington National Bank | |
| Retail | 5 | $25,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 4 | $47,500 | Huntington National Bank | |
| Other services (repair, personal care) | 4 | $52,750 | Northwest Bank | |
| Manufacturing | 4 | $122,500 | Huntington National Bank | |
| Restaurants and hotels | 4 | $94,500 | Northwest Bank | |
| Professional and technical services | 4 | $152,500 | U.S. Bank |