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SBA lenders in Canfield, OH

SBA 7(a) and 504 loans to businesses in Canfield (Mahoning County), October 2021 to June 30, 2026 · Updated October 15, 2026
34
SBA loans approved
$8.5M
Total approved
$100,000
Median loan
7
Lenders active
21%
To startups

34 SBA loans worth $8.5M went to businesses in Canfield, OH between October 2021 and June 2026, from 7 lenders. Huntington National Bank made the most, 22 loans. The median loan was $100,000, compared with $100,000 across Ohio, and construction was the most financed industry.

Most active SBA lenders in Canfield

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
22$5.2M$70,0005%
2WesBanco Bank
Bank · Wheeling, WV
3$1.4M$405,90067%
3Valley Economic Development Partners
Non-bank lender · Youngstown, OH
3$295K$110,00033%
4Valley Economic Development Partners
Certified development company · Youngstown, OH
2$624K$312,0000%
5Consumers National Bank
Bank · Minerva, OH
2$355K$177,400100%
6Byline Bank
Bank · Chicago, IL
1$536K$536,500100%
7Northeast Bank
Bank · Portland, ME
1$50K$50,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Canfield. For 504 loans the lender shown is the certified development company.

What gets financed in Canfield

IndustryLoansShareMedian loanMost active lender
Construction10
29%
$77,500Huntington National Bank
Administrative and support services4
12%
$26,500Huntington National Bank
Transportation and warehousing4
12%
$94,650Huntington National Bank
Restaurants and hotels3
9%
$405,900Byline Bank
Wholesale trade3
9%
$250,000WesBanco Bank
Retail3
9%
$122,900Valley Economic Development Partners
Health care and social assistance2
6%
$139,550Valley Economic Development Partners
Finance and insurance2
6%
$201,500Huntington National Bank
Loan size mix
  • Under $150,00062%
  • $150,000 to $500,00026%
  • $500,000 to $2 million9%
  • $2 million and up3%
Compared with Ohio
Median loan, Canfield
$100,000
Median loan, Ohio
$100,000
Startup share, Canfield
21%
Startup share, Ohio
32%
Share of state's SBA loans
0.2%

SBA loans per fiscal year in Canfield

071320FY14: 14 loansFY1414FY15: 8 loansFY15FY16: 10 loansFY16FY17: 9 loansFY17FY18: 7 loansFY18FY19: 5 loansFY19FY20: 6 loansFY20FY21: 9 loansFY21FY22: 11 loansFY22FY23: 7 loansFY23FY24: 7 loansFY24FY25: 6 loansFY25FY26 (Oct to Jun): 3 loansFY263
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.