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SBA lenders in Avon, OH

SBA 7(a) and 504 loans to businesses in Avon (Lorain County), October 2021 to June 30, 2026 · Updated October 15, 2026
58
SBA loans approved
$25.5M
Total approved
$178,800
Median loan
15
Lenders active
43%
To startups

58 SBA loans worth $25.5M went to businesses in Avon, OH between October 2021 and June 2026, from 15 lenders. Huntington National Bank made the most, 30 loans. The median loan was $178,800, compared with $100,000 across Ohio, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Avon

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
30$5.8M$90,00037%
2Northwest Bank
Bank · Warren, PA
8$4.0M$312,50025%
3Growth Capital
Certified development company · Cleveland, OH
4$3.4M$530,00025%
4Celtic Bank
Bank · Salt Lake City, UT
2$3.1M$1,548,800100%
5Growth Capital
Non-bank lender · Cleveland, OH
2$400K$200,000100%
6First Federal Savings and Loan Association of Lakewood
Bank · Lakewood, OH
2$400K$200,0000%
7KeyBank
Bank · Cleveland, OH
2$60K$30,000100%
8HomeTrust Bank
Bank · Asheville, NC
1$4.5M$4,483,0000%
9Beacon Bank and Trust
Bank · Boston, MA
1$1.4M$1,379,000100%
10First National Bank of Pennsylvania
Bank · Greenville, PA
1$1.1M$1,119,000100%
11U.S. Bank
Bank · Cincinnati, OH
1$690K$690,300100%
12Fifth Third Bank
Bank · Cincinnati, OH
1$303K$303,0000%
13Bank of America
Bank · Charlotte, NC
1$300K$300,000100%
14BayFirst National Bank
Bank · St. Petersburg, FL
1$84K$84,0000%
15PNC Bank
Bank · Wilmington, DE
1$20K$20,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Avon. For 504 loans the lender shown is the certified development company.

What gets financed in Avon

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels14
24%
$233,950Huntington National Bank
Professional and technical services10
17%
$200,000Huntington National Bank
Construction5
9%
$90,000Huntington National Bank
Administrative and support services4
7%
$90,000Huntington National Bank
Arts, entertainment and recreation4
7%
$200,000Huntington National Bank
Other services (repair, personal care)4
7%
$537,500Fifth Third Bank
Education4
7%
$142,000Huntington National Bank
Health care and social assistance3
5%
$300,000Huntington National Bank
Loan size mix
  • Under $150,00045%
  • $150,000 to $500,00034%
  • $500,000 to $2 million16%
  • $2 million and up5%
Compared with Ohio
Median loan, Avon
$178,800
Median loan, Ohio
$100,000
Startup share, Avon
43%
Startup share, Ohio
32%
Share of state's SBA loans
0.4%

SBA loans per fiscal year in Avon

071320FY14: 18 loansFY1418FY15: 17 loansFY15FY16: 11 loansFY16FY17: 15 loansFY17FY18: 14 loansFY18FY19: 17 loansFY19FY20: 11 loansFY20FY21: 12 loansFY21FY22: 12 loansFY22FY23: 7 loansFY23FY24: 16 loansFY24FY25: 16 loansFY25FY26 (Oct to Jun): 7 loansFY267
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.