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SBA Loans in Canton, OH
7(a) and 504 loans approved, fiscal years 2022 to 2026
- Loans approved
- 217
- Amount approved
- $68.12M
- Jobs supported
- 2,111
- As reported by borrowers
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 13 | $6.14M | $472,015 | 13 | 0 |
| FY2025 | 44 | $14.95M | $339,811 | 43 | 1 |
| FY2024 | 39 | $15.38M | $394,254 | 36 | 3 |
| FY2023 | 67 | $22.07M | $329,433 | 65 | 2 |
| FY2022 | 54 | $9.59M | $177,537 | 54 | 0 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 4 | $12.69M |
| Limited-Service Restaurants | 19 | $7.82M |
| Automobile and Other Motor Vehicle Merchant Wholesalers | 1 | $4.97M |
| Residential Property Managers | 5 | $2.97M |
| Shoe Stores | 3 | $2.79M |
| All Other Amusement and Recreation Industries | 6 | $2.67M |
| Used Merchandise Retailers | 2 | $2.6M |
| Nursing Care Facilities (Skilled Nursing Facilities) | 1 | $2.34M |
| Site Preparation Contractors | 7 | $1.92M |
| Sports and Recreation Instruction | 1 | $1.82M |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| The Huntington National Bank | 133 | $12.92M |
| Shoreham Bank | 3 | $7.24M |
| Alloy Development Co., Inc. | 2 | $5.57M |
| GBank | 1 | $5M |
| First Commonwealth Bank | 9 | $4.8M |
| Live Oak Banking Company | 6 | $4.02M |
| United Community Bank | 2 | $3.31M |
| Northwest Ohio Development Assistance Corporation | 1 | $2.8M |
| American Momentum Bank | 2 | $2.6M |
| KeyBank National Association | 8 | $2.13M |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026