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SBA lenders in Akron, OH

SBA 7(a) and 504 loans to businesses in Akron (Summit County), October 2021 to June 30, 2026 · Updated October 15, 2026
458
SBA loans approved
$172.6M
Total approved
$78,100
Median loan
52
Lenders active
37%
To startups

458 SBA loans worth $172.6M went to businesses in Akron, OH between October 2021 and June 2026, from 52 lenders. Huntington National Bank made the most, 294 loans. The median loan was $78,100, compared with $100,000 across Ohio, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Akron

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
294$58.1M$50,00033%
2KeyBank
Bank · Cleveland, OH
21$3.6M$50,00081%
3U.S. Bank
Bank · Cincinnati, OH
14$5.7M$141,30050%
4JPMorgan Chase Bank
Bank · Columbus, OH
9$4.3M$229,70033%
5Newtek Bank
Bank · Miami, FL
9$2.1M$175,00022%
6Growth Capital
Non-bank lender · Cleveland, OH
9$878K$88,00022%
7Cascade Capital
Certified development company · Akron, OH
8$10.0M$631,00012%
8First Commonwealth Bank
Bank · Indiana, PA
8$7.6M$687,30062%
9WesBanco Bank
Bank · Wheeling, WV
6$5.1M$479,00067%
10PNC Bank
Bank · Wilmington, DE
6$558K$50,00067%
11Consumers National Bank
Bank · Minerva, OH
5$1.4M$350,00040%
12CFBank
Bank · Columbus, OH
4$8.8M$1,664,0000%
13Citizens Bank
Bank · Providence, RI
4$2.0M$405,00025%
14GBank
Bank · Las Vegas, NV
3$12.3M$3,995,0000%
15Alloy Development Co.
Certified development company · Cincinnati, OH
3$6.2M$2,681,00067%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Akron. For 504 loans the lender shown is the certified development company.

What gets financed in Akron

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels62
14%
$113,750Huntington National Bank
Health care and social assistance60
13%
$60,000Huntington National Bank
Construction59
13%
$60,000Huntington National Bank
Retail44
10%
$50,000Huntington National Bank
Transportation and warehousing43
9%
$50,000Huntington National Bank
Manufacturing37
8%
$350,000Huntington National Bank
Other services (repair, personal care)34
7%
$50,000Huntington National Bank
Professional and technical services29
6%
$119,100Huntington National Bank
Loan size mix
  • Under $150,00062%
  • $150,000 to $500,00022%
  • $500,000 to $2 million11%
  • $2 million and up5%
Compared with Ohio
Median loan, Akron
$78,100
Median loan, Ohio
$100,000
Startup share, Akron
37%
Startup share, Ohio
32%
Share of state's SBA loans
2.8%

SBA loans per fiscal year in Akron

067133200FY14: 74 loansFY14FY15: 98 loansFY15FY16: 74 loansFY16FY17: 92 loansFY17FY18: 86 loansFY18FY19: 78 loansFY19FY20: 59 loansFY20FY21: 103 loansFY21FY22: 113 loansFY22113FY23: 106 loansFY23FY24: 110 loansFY24FY25: 93 loansFY25FY26 (Oct to Jun): 36 loansFY2636
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.