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SBA lenders in Massillon, OH

SBA 7(a) and 504 loans to businesses in Massillon (Stark County), October 2021 to June 30, 2026 · Updated October 15, 2026
116
SBA loans approved
$15.8M
Total approved
$50,000
Median loan
16
Lenders active
28%
To startups

116 SBA loans worth $15.8M went to businesses in Massillon, OH between October 2021 and June 2026, from 16 lenders. Huntington National Bank made the most, 84 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 Massillon

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
84$5.2M$40,00024%
2Consumers National Bank
Bank · Minerva, OH
6$1.1M$50,00050%
3KeyBank
Bank · Cleveland, OH
4$210K$30,00050%
4Newtek Bank
Bank · Miami, FL
3$655K$235,0000%
5Live Oak Banking
Bank · Wilmington, NC
3$420K$150,00033%
6PNC Bank
Bank · Wilmington, DE
3$130K$50,00067%
7First Commonwealth Bank
Bank · Indiana, PA
2$1.2M$623,50050%
8United Midwest Savings Bank
Bank · Degraff, OH
2$625K$312,500100%
9BayFirst National Bank
Bank · St. Petersburg, FL
2$300K$150,0000%
10Shoreham Bank
Bank · Warwick, RI
1$5.0M$5,000,0000%
11City National Bank of Florida
Bank · Miami, FL
1$265K$265,0000%
12Growth Capital
Certified development company · Cleveland, OH
1$230K$230,0000%
13Economic and Community Development Institute
Non-bank lender · Columbus, OH
1$173K$173,000100%
14Growth Capital
Non-bank lender · Cleveland, OH
1$115K$115,0000%
15Lendistry SBLC
Non-bank lender · Los Angeles, CA
1$50K$49,9000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Massillon. For 504 loans the lender shown is the certified development company.

What gets financed in Massillon

IndustryLoansShareMedian loanMost active lender
Construction24
21%
$52,000Huntington National Bank
Transportation and warehousing15
13%
$25,000Huntington National Bank
Professional and technical services10
9%
$35,000Huntington National Bank
Retail10
9%
$50,000Huntington National Bank
Manufacturing10
9%
$107,500Huntington National Bank
Restaurants and hotels9
8%
$50,000Huntington National Bank
Health care and social assistance8
7%
$105,000Huntington National Bank
Other services (repair, personal care)6
5%
$62,500Huntington National Bank
Loan size mix
  • Under $150,00079%
  • $150,000 to $500,00018%
  • $500,000 to $2 million2%
  • $2 million and up1%
Compared with Ohio
Median loan, Massillon
$50,000
Median loan, Ohio
$100,000
Startup share, Massillon
28%
Startup share, Ohio
32%
Share of state's SBA loans
0.7%

SBA loans per fiscal year in Massillon

0132740FY14: 15 loansFY14FY15: 13 loansFY15FY16: 19 loansFY16FY17: 15 loansFY17FY18: 14 loansFY18FY19: 10 loansFY19FY20: 14 loansFY20FY21: 13 loansFY21FY22: 37 loansFY2237FY23: 20 loansFY23FY24: 23 loansFY24FY25: 28 loansFY25FY26 (Oct to Jun): 8 loansFY268
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.