SBA lender profile
First Federal Savings and Loan Association of Lakewood
First Federal Savings and Loan Association of Lakewood appears in the public SBA loan data with 53 funded 7(a) loans totaling $21.7M, an average of $409K per loan, and an estimated 656 jobs supported. Its SBA lending concentrates in Ohio and the Construction sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
53
Total volume
$21.7M
Average loan size
$409K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
656
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.9B
- Headquarters
- Lakewood, OH
- FDIC cert
- #29488
- Status
- Active
Where First Federal Savings and Loan Association of Lakewood lends
Top states by funded SBA volume.
What First Federal Savings and Loan Association of Lakewood funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 8 | $4.6M |
| Professional and Technical Services | 14 | $3.3M |
| Wholesale Trade | 4 | $2.2M |
| Administrative and Support | 5 | $2.0M |
| Health Care and Social Assistance | 2 | $1.8M |
| Manufacturing | 5 | $1.8M |
First Federal Savings and Loan Association of Lakewood SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 3 | $500K |
| 2021 | 4 | $1.4M |
| 2022 | 7 | $2.7M |
| 2023 | 10 | $4.3M |
| 2024 | 15 | $8.0M |
| 2025 | 11 | $3.8M |
| 2026 | 3 | $996K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of First Federal Savings and Loan Association of Lakewood's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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