41 SBA loans worth $6.4M went to businesses in Vermilion, OH between October 2021 and June 2026, from 9 lenders. Huntington National Bank made the most, 30 loans. The median loan was $50,000, compared with $100,000 across Ohio, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 30 | $2.3M | $42,500 | 30% |
| 2 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $450K | $150,000 | 0% |
| 3 | Northwest Bank Bank · Warren, PA | 2 | $612K | $306,000 | 100% |
| 4 | Pathward Bank · Sioux Falls, SD | 1 | $1.9M | $1,950,000 | 0% |
| 5 | Enterprise Bank & Trust Bank · Clayton, MO | 1 | $815K | $814,600 | 0% |
| 6 | Community Capital Development Certified development company · Dublin, OH | 1 | $166K | $166,000 | 0% |
| 7 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $50K | $50,000 | 0% |
| 8 | U.S. Bank Bank · Cincinnati, OH | 1 | $45K | $45,000 | 0% |
| 9 | Community Star CU Credit union · Elyria, OH | 1 | $30K | $30,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 10 | $75,000 | Huntington National Bank | |
| Retail | 9 | $150,000 | BayFirst National Bank | |
| Arts, entertainment and recreation | 6 | $51,500 | Huntington National Bank | |
| Restaurants and hotels | 5 | $25,000 | Huntington National Bank | |
| Other services (repair, personal care) | 3 | $34,000 | Huntington National Bank | |
| Transportation and warehousing | 2 | $27,500 | Huntington National Bank | |
| Manufacturing | 2 | $43,300 | Huntington National Bank | |
| Administrative and support services | 1 | $250,000 | Huntington National Bank |