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SBA lenders in Cleveland, OH

SBA 7(a) and 504 loans to businesses in Cleveland (Cuyahoga County), October 2021 to June 30, 2026 · Updated October 15, 2026
975
SBA loans approved
$342.5M
Total approved
$100,000
Median loan
65
Lenders active
30%
To startups

975 SBA loans worth $342.5M went to businesses in Cleveland, OH between October 2021 and June 2026, from 65 lenders. Huntington National Bank made the most, 556 loans. The median loan was $100,000, compared with $100,000 across Ohio, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Cleveland

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
556$85.1M$70,00028%
2KeyBank
Bank · Cleveland, OH
79$41.7M$135,00056%
3U.S. Bank
Bank · Cincinnati, OH
65$21.8M$50,00025%
4First Commonwealth Bank
Bank · Indiana, PA
19$15.4M$400,00032%
5Growth Capital
Certified development company · Cleveland, OH
17$19.3M$920,00024%
6Newtek Bank
Bank · Miami, FL
17$9.1M$225,00029%
7Growth Capital
Non-bank lender · Cleveland, OH
16$2.8M$155,00031%
8PNC Bank
Bank · Wilmington, DE
14$7.4M$89,00021%
9Northeast Bank
Bank · Portland, ME
13$1.7M$125,0008%
10Northwest Bank
Bank · Warren, PA
12$8.8M$243,50050%
11Fifth Third Bank
Bank · Cincinnati, OH
12$7.4M$227,80017%
12Readycap Lending
Non-bank lender · Berkeley Heights, NJ
12$4.3M$50,0008%
13Live Oak Banking
Bank · Wilmington, NC
11$10.2M$500,00018%
14WesBanco Bank
Bank · Wheeling, WV
10$12.5M$518,00090%
15Celtic Bank
Bank · Salt Lake City, UT
8$3.7M$150,00050%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Cleveland. For 504 loans the lender shown is the certified development company.

What gets financed in Cleveland

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing150
15%
$74,950Huntington National Bank
Restaurants and hotels143
15%
$120,000Huntington National Bank
Construction102
10%
$52,400Huntington National Bank
Manufacturing88
9%
$151,250Huntington National Bank
Professional and technical services88
9%
$150,000Huntington National Bank
Health care and social assistance86
9%
$125,750Huntington National Bank
Other services (repair, personal care)80
8%
$64,550Huntington National Bank
Retail78
8%
$104,000Huntington National Bank
Loan size mix
  • Under $150,00058%
  • $150,000 to $500,00026%
  • $500,000 to $2 million12%
  • $2 million and up4%
Compared with Ohio
Median loan, Cleveland
$100,000
Median loan, Ohio
$100,000
Startup share, Cleveland
30%
Startup share, Ohio
32%
Share of state's SBA loans
5.9%

SBA loans per fiscal year in Cleveland

0100200300FY14: 280 loansFY14FY15: 287 loansFY15287FY16: 281 loansFY16FY17: 255 loansFY17FY18: 276 loansFY18FY19: 237 loansFY19FY20: 176 loansFY20FY21: 183 loansFY21FY22: 221 loansFY22FY23: 224 loansFY23FY24: 244 loansFY24FY25: 200 loansFY25FY26 (Oct to Jun): 86 loansFY2686
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.