SBA lender profile
Mentor Economic Assistance Corporation
Mentor Economic Assistance Corporation appears in the public SBA loan data with 32 funded 504 loans totaling $13.8M, an average of $431K per loan, and an estimated 350 jobs supported. Its SBA lending concentrates in Ohio and the Arts, Entertainment, Recreation 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
32
Total volume
$13.8M
Average loan size
$431K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
350
Programs
504
Mentor Economic Assistance Corporation is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Mentor Economic Assistance Corporation lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Ohio | 32 | $13.8M |
What Mentor Economic Assistance Corporation funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Arts, Entertainment, Recreation | 1 | $3.7M |
| Manufacturing | 8 | $2.9M |
| Accommodation and Food Services | 6 | $2.4M |
| Wholesale Trade | 5 | $1.8M |
| Other Services | 3 | $935K |
| Retail Trade | 2 | $865K |
Mentor Economic Assistance Corporation SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 5 | $1.6M |
| 2011 | 3 | $1.5M |
| 2012 | 8 | $2.1M |
| 2013 | 4 | $2.3M |
| 2015 | 1 | $180K |
| 2016 | 3 | $842K |
| 2017 | 4 | $1.1M |
| 2021 | 2 | $224K |
| 2022 | 1 | $3.7M |
| 2024 | 1 | $409K |
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 Mentor Economic Assistance Corporation'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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