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SBA lenders in Lakewood, OH

SBA 7(a) and 504 loans to businesses in Lakewood (Cuyahoga County), October 2021 to June 30, 2026 · Updated October 15, 2026
86
SBA loans approved
$27.4M
Total approved
$114,250
Median loan
16
Lenders active
43%
To startups

86 SBA loans worth $27.4M went to businesses in Lakewood, OH between October 2021 and June 2026, from 16 lenders. Huntington National Bank made the most, 57 loans. The median loan was $114,250, compared with $100,000 across Ohio, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Lakewood

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
57$11.8M$72,00040%
2KeyBank
Bank · Cleveland, OH
5$1.3M$208,00040%
3U.S. Bank
Bank · Cincinnati, OH
4$1.8M$232,25050%
4First Federal Savings and Loan Association of Lakewood
Bank · Lakewood, OH
4$550K$147,75025%
5Buckeye Community Bank
Bank · Elyria, OH
2$3.6M$1,817,0000%
6Byline Bank
Bank · Chicago, IL
2$1.4M$725,000100%
7Celtic Bank
Bank · Salt Lake City, UT
2$210K$105,00050%
8BayFirst National Bank
Bank · St. Petersburg, FL
2$153K$76,5000%
9Mentor Economic Assistance
Certified development company · Mentor, OH
1$3.7M$3,675,000100%
10Growth Capital
Certified development company · Cleveland, OH
1$1.2M$1,199,0000%
11First Commonwealth Bank
Bank · Indiana, PA
1$599K$598,6000%
12Citizens Bank
Bank · Providence, RI
1$375K$375,300100%
13Newtek Bank
Bank · Miami, FL
1$350K$350,000100%
14Growth Capital
Non-bank lender · Cleveland, OH
1$200K$200,000100%
15United Midwest Savings Bank
Bank · Degraff, OH
1$100K$100,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Lakewood. For 504 loans the lender shown is the certified development company.

What gets financed in Lakewood

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels18
21%
$204,000Huntington National Bank
Other services (repair, personal care)10
12%
$399,300Huntington National Bank
Professional and technical services9
10%
$60,000Huntington National Bank
Health care and social assistance9
10%
$100,000Huntington National Bank
Manufacturing8
9%
$165,000KeyBank
Arts, entertainment and recreation7
8%
$150,000Huntington National Bank
Transportation and warehousing6
7%
$67,650Huntington National Bank
Construction6
7%
$137,500Huntington National Bank
Loan size mix
  • Under $150,00052%
  • $150,000 to $500,00028%
  • $500,000 to $2 million17%
  • $2 million and up2%
Compared with Ohio
Median loan, Lakewood
$114,250
Median loan, Ohio
$100,000
Startup share, Lakewood
43%
Startup share, Ohio
32%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Lakewood

0132740FY14: 33 loansFY1433FY15: 33 loansFY15FY16: 19 loansFY16FY17: 24 loansFY17FY18: 15 loansFY18FY19: 26 loansFY19FY20: 10 loansFY20FY21: 15 loansFY21FY22: 21 loansFY22FY23: 21 loansFY23FY24: 19 loansFY24FY25: 20 loansFY25FY26 (Oct to Jun): 5 loansFY265
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.