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SBA lenders in Mansfield, OH

SBA 7(a) and 504 loans to businesses in Mansfield (Richland County), October 2021 to June 30, 2026 · Updated October 15, 2026
89
SBA loans approved
$31.2M
Total approved
$100,000
Median loan
24
Lenders active
28%
To startups

89 SBA loans worth $31.2M went to businesses in Mansfield, OH between October 2021 and June 2026, from 24 lenders. Huntington National Bank made the most, 42 loans. The median loan was $100,000, compared with $100,000 across Ohio, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Mansfield

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
42$3.7M$57,05024%
2United Midwest Savings Bank
Bank · Degraff, OH
4$1.9M$275,00050%
3Readycap Lending
Non-bank lender · Berkeley Heights, NJ
4$1.9M$351,75025%
4Byline Bank
Bank · Chicago, IL
3$10.0M$4,075,0000%
5KeyBank
Bank · Cleveland, OH
3$995K$125,00033%
6Fifth Third Bank
Bank · Cincinnati, OH
3$699K$100,00067%
7JPMorgan Chase Bank
Bank · Columbus, OH
3$685K$250,0000%
8Sutton Bank
Bank · Attica, OH
3$644K$240,0000%
9Telhio Credit Union
Credit union · Columbus, OH
3$427K$162,000100%
10Live Oak Banking
Bank · Wilmington, NC
2$1.9M$972,5000%
11Celtic Bank
Bank · Salt Lake City, UT
2$1.1M$554,000100%
12Ohio Statewide Development
Certified development company · Columbus, OH
2$791K$395,5000%
13United Community Bank
Bank · Greenville, SC
2$340K$170,0000%
14First Financial Bank
Bank · Cincinnati, OH
2$254K$127,2500%
15Mechanics Bank
Bank · Mansfield, OH
2$200K$100,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Mansfield. For 504 loans the lender shown is the certified development company.

What gets financed in Mansfield

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels16
18%
$220,000Huntington National Bank
Construction13
15%
$59,100Huntington National Bank
Administrative and support services11
12%
$50,000Huntington National Bank
Retail10
11%
$107,600Huntington National Bank
Other services (repair, personal care)9
10%
$120,000Huntington National Bank
Manufacturing7
8%
$179,500Huntington National Bank
Health care and social assistance5
6%
$400,000Huntington National Bank
Transportation and warehousing5
6%
$67,200Huntington National Bank
Loan size mix
  • Under $150,00060%
  • $150,000 to $500,00024%
  • $500,000 to $2 million15%
  • $2 million and up2%
Compared with Ohio
Median loan, Mansfield
$100,000
Median loan, Ohio
$100,000
Startup share, Mansfield
28%
Startup share, Ohio
32%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Mansfield

0132740FY14: 20 loansFY14FY15: 10 loansFY15FY16: 15 loansFY16FY17: 18 loansFY17FY18: 18 loansFY18FY19: 6 loansFY19FY20: 16 loansFY20FY21: 19 loansFY21FY22: 14 loansFY22FY23: 30 loansFY2330FY24: 28 loansFY24FY25: 10 loansFY25FY26 (Oct to Jun): 7 loansFY267
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.