SBA lending by metro area
SBA lenders in Canton, OH
Which lenders fund Canton-area businesses, how much, and how the market compares with Ohio: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Canton area
Ranked by SBA volume funded to businesses located in the Canton metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 1,456 | $147.9M | $102K | 2.68% |
| 2 | Consumers National Bank | 149 | $35.1M | $236K | 0.00% |
| 3 | KeyBank National Association | 91 | $28.5M | $313K | 2.20% |
| 4 | Live Oak Banking Company | 20 | $22.2M | $1.1M | 5.00% |
| 5 | First Commonwealth Bank | 31 | $20.7M | $667K | 0.00% |
| 6 | Cascade Capital Corporation | 34 | $20.2M | $594K | not reported |
| 7 | Shoreham Bank | 7 | $20.2M | $2.9M | not reported |
| 8 | Alloy Development Co., Inc. | 30 | $19.7M | $656K | not reported |
| 9 | Peoples Bank | 21 | $12.7M | $606K | 0.00% |
| 10 | Growth Capital Corp. | 33 | $10.2M | $310K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Canton compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Canton area | $50K ▼ 37.5% | 4.2% ▼ 1.2 pts |
| Ohio | $80K | 5.4% |
| United States | $179K | 11.2% |
What gets funded in Canton
| Industry | Loans | Total funded |
|---|---|---|
| Manufacturing | 189 | $87.3M |
| Accommodation and Food Services | 217 | $79.1M |
| Retail Trade | 225 | $45.6M |
| Construction | 439 | $42.0M |
| Health Care and Social Assistance | 164 | $40.4M |
| Transportation and Warehousing | 299 | $39.4M |
| Other Services | 202 | $31.5M |
| Wholesale Trade | 82 | $27.8M |
SBA lending in Canton by year
Geography, precisely
"Canton area" here means the Canton-Massillon, OH metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Carroll County, OH; Stark County, OH. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.