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SBA lenders in Cortland, OH

SBA 7(a) and 504 loans to businesses in Cortland (Trumbull County), October 2021 to June 30, 2026 · Updated October 15, 2026
42
SBA loans approved
$4.1M
Total approved
$50,000
Median loan
8
Lenders active
29%
To startups

42 SBA loans worth $4.1M went to businesses in Cortland, OH between October 2021 and June 2026, from 8 lenders. Huntington National Bank made the most, 34 loans. The median loan was $50,000, compared with $100,000 across Ohio, and construction was the most financed industry.

Most active SBA lenders in Cortland

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
34$1.8M$31,50021%
2Valley Economic Development Partners
Non-bank lender · Youngstown, OH
2$610K$304,9000%
3Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$1.0M$1,000,000100%
4Valley Economic Development Partners
Certified development company · Youngstown, OH
1$289K$289,0000%
5First Commonwealth Bank
Bank · Indiana, PA
1$130K$130,500100%
6WesBanco Bank
Bank · Wheeling, WV
1$110K$110,000100%
7United Midwest Savings Bank
Bank · Degraff, OH
1$100K$100,000100%
8Wells Fargo Bank
Bank · Sioux Falls, SD
1$50K$50,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Cortland. For 504 loans the lender shown is the certified development company.

What gets financed in Cortland

IndustryLoansShareMedian loanMost active lender
Construction19
45%
$34,000Huntington National Bank
Arts, entertainment and recreation3
7%
$25,000Huntington National Bank
Administrative and support services3
7%
$26,000Huntington National Bank
Retail3
7%
$100,000United Midwest Savings Bank
Health care and social assistance3
7%
$289,000Valley Economic Development Partners
Other services (repair, personal care)3
7%
$50,000Huntington National Bank
Transportation and warehousing3
7%
$30,000Huntington National Bank
Manufacturing2
5%
$90,500Huntington National Bank
Loan size mix
  • Under $150,00086%
  • $150,000 to $500,00012%
  • $500,000 to $2 million2%
  • $2 million and up0%
Compared with Ohio
Median loan, Cortland
$50,000
Median loan, Ohio
$100,000
Startup share, Cortland
29%
Startup share, Ohio
32%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Cortland

071320FY14: 4 loansFY14FY15: 6 loansFY15FY16: 7 loansFY16FY17: 4 loansFY17FY18: 7 loansFY18FY19: 9 loansFY19FY20: 7 loansFY20FY21: 1 loansFY21FY22: 11 loansFY2211FY23: 9 loansFY23FY24: 9 loansFY24FY25: 11 loansFY25FY26 (Oct to Jun): 2 loansFY262
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.