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SBA lenders in Mentor, OH

SBA 7(a) and 504 loans to businesses in Mentor (Lake County), October 2021 to June 30, 2026 · Updated October 15, 2026
112
SBA loans approved
$50.1M
Total approved
$100,000
Median loan
25
Lenders active
28%
To startups

112 SBA loans worth $50.1M went to businesses in Mentor, OH between October 2021 and June 2026, from 25 lenders. Huntington National Bank made the most, 64 loans. The median loan was $100,000, compared with $100,000 across Ohio, and construction was the most financed industry.

Most active SBA lenders in Mentor

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
64$14.0M$51,00016%
2KeyBank
Bank · Cleveland, OH
9$6.7M$90,00089%
3Newtek Bank
Bank · Miami, FL
4$3.1M$525,00025%
4U.S. Bank
Bank · Cincinnati, OH
4$2.3M$525,00025%
5Readycap Lending
Non-bank lender · Berkeley Heights, NJ
3$1.1M$50,0000%
6Northeast Bank
Bank · Portland, ME
3$446K$150,0000%
7Growth Capital
Certified development company · Cleveland, OH
2$4.2M$2,112,0000%
8First Financial Bank
Bank · Cincinnati, OH
2$3.7M$1,850,000100%
9Cascade Capital
Certified development company · Akron, OH
2$3.6M$1,797,0000%
10CNB Bank
Bank · Clearfield, PA
2$2.2M$1,113,0000%
11Northwest Bank
Bank · Warren, PA
2$1.4M$687,500100%
12JPMorgan Chase Bank
Bank · Columbus, OH
2$55K$27,5000%
13VelocitySBA
Non-bank lender · Irving, TX
1$2.5M$2,536,0000%
14GBank
Bank · Las Vegas, NV
1$1.0M$1,015,000100%
15Bank of Hope
Bank · Los Angeles, CA
1$811K$811,300100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Mentor. For 504 loans the lender shown is the certified development company.

What gets financed in Mentor

IndustryLoansShareMedian loanMost active lender
Construction21
19%
$100,000Huntington National Bank
Other services (repair, personal care)15
13%
$40,000Huntington National Bank
Restaurants and hotels14
12%
$88,000Huntington National Bank
Manufacturing12
11%
$500,000Huntington National Bank
Health care and social assistance8
7%
$96,550Huntington National Bank
Retail8
7%
$150,000Huntington National Bank
Professional and technical services8
7%
$180,600U.S. Bank
Administrative and support services6
5%
$37,500Huntington National Bank
Loan size mix
  • Under $150,00058%
  • $150,000 to $500,00016%
  • $500,000 to $2 million21%
  • $2 million and up5%
Compared with Ohio
Median loan, Mentor
$100,000
Median loan, Ohio
$100,000
Startup share, Mentor
28%
Startup share, Ohio
32%
Share of state's SBA loans
0.7%

SBA loans per fiscal year in Mentor

0173350FY14: 31 loansFY14FY15: 40 loansFY1540FY16: 35 loansFY16FY17: 30 loansFY17FY18: 21 loansFY18FY19: 23 loansFY19FY20: 24 loansFY20FY21: 27 loansFY21FY22: 36 loansFY22FY23: 22 loansFY23FY24: 25 loansFY24FY25: 18 loansFY25FY26 (Oct to Jun): 11 loansFY2611
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.