88 SBA loans worth $18.9M went to businesses in Elyria, OH between October 2021 and June 2026, from 14 lenders. Huntington National Bank made the most, 61 loans. The median loan was $77,500, compared with $100,000 across Ohio, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 61 | $5.7M | $57,600 | 16% |
| 2 | First Commonwealth Bank Bank · Indiana, PA | 4 | $3.7M | $923,500 | 100% |
| 3 | CIBC Bank USA Bank · Chicago, IL | 4 | $2.2M | $539,400 | 0% |
| 4 | KeyBank Bank · Cleveland, OH | 4 | $750K | $35,000 | 75% |
| 5 | Northwest Bank Bank · Warren, PA | 4 | $437K | $81,750 | 75% |
| 6 | Newtek Bank Bank · Miami, FL | 3 | $691K | $250,000 | 33% |
| 7 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $3.8M | $3,753,000 | 0% |
| 8 | Byline Bank Bank · Chicago, IL | 1 | $788K | $788,000 | 0% |
| 9 | Growth Capital Certified development company · Cleveland, OH | 1 | $334K | $334,000 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 1 | $250K | $250,000 | 0% |
| 11 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| 12 | First Federal Savings and Loan Association of Lakewood Bank · Lakewood, OH | 1 | $100K | $100,000 | 0% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $100K | $100,000 | 0% |
| 14 | PNC Bank Bank · Wilmington, DE | 1 | $25K | $25,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 16 | $264,500 | Huntington National Bank | |
| Construction | 13 | $40,000 | Huntington National Bank | |
| Other services (repair, personal care) | 10 | $57,950 | Huntington National Bank | |
| Administrative and support services | 9 | $80,000 | Huntington National Bank | |
| Retail | 9 | $50,000 | Huntington National Bank | |
| Restaurants and hotels | 8 | $115,900 | Huntington National Bank | |
| Health care and social assistance | 7 | $150,000 | CIBC Bank USA | |
| Transportation and warehousing | 5 | $22,000 | Huntington National Bank |