SBA lender profile
The Farmers National Bank of Canfield
The Farmers National Bank of Canfield appears in the public SBA loan data with 30 funded 7(a) loans totaling $10.4M, an average of $347K per loan, and an estimated 347 jobs supported. Its SBA lending concentrates in Ohio and the Other Services sector. Across all of its loans in the data, its charge-off rate is 3.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
30
Total volume
$10.4M
Average loan size
$347K
Charge-off rate
3.3%
Share of funded loans charged off
Jobs supported (reported)
347
Programs
7(a)
Bank profile
via FDIC- Total assets
- $7.2B
- Headquarters
- Canfield, OH
- FDIC cert
- #6540
- Status
- Active
Where The Farmers National Bank of Canfield lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Ohio | 26 | $8.8M |
| Indiana | 2 | $1.0M |
| Pennsylvania | 1 | $350K |
| Texas | 1 | $225K |
What The Farmers National Bank of Canfield funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 6 | $2.7M |
| Accommodation and Food Services | 6 | $1.6M |
| Manufacturing | 4 | $1.5M |
| Real Estate | 3 | $1.1M |
| Retail Trade | 2 | $1.0M |
| Educational Services | 2 | $820K |
The Farmers National Bank of Canfield SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 8 | $2.5M |
| 2021 | 4 | $1.2M |
| 2022 | 4 | $1.4M |
| 2023 | 3 | $895K |
| 2024 | 2 | $608K |
| 2025 | 2 | $800K |
| 2026 | 7 | $3.0M |
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 The Farmers National Bank of Canfield'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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