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SBA lenders in Painesville, OH

SBA 7(a) and 504 loans to businesses in Painesville (Lake County), October 2021 to June 30, 2026 · Updated October 15, 2026
99
SBA loans approved
$26.5M
Total approved
$71,600
Median loan
18
Lenders active
29%
To startups

99 SBA loans worth $26.5M went to businesses in Painesville, OH between October 2021 and June 2026, from 18 lenders. Huntington National Bank made the most, 69 loans. The median loan was $71,600, compared with $100,000 across Ohio, and other services (repair, personal care) was the most financed industry.

Most active SBA lenders in Painesville

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
69$6.5M$50,00028%
2KeyBank
Bank · Cleveland, OH
6$2.1M$326,00050%
3U.S. Bank
Bank · Cincinnati, OH
4$475K$35,00075%
4Stearns Bank
Bank · St. Cloud, MN
2$5.3M$2,660,00050%
5TowneBank
Bank · Portsmouth, VA
2$1.8M$894,50050%
6Growth Capital
Certified development company · Cleveland, OH
2$1.6M$779,0000%
7Northwest Bank
Bank · Warren, PA
2$1.1M$575,0000%
8Northeast Bank
Bank · Portland, ME
2$246K$122,8500%
9CFBank
Bank · Columbus, OH
1$4.2M$4,198,0000%
10Cascade Capital
Certified development company · Akron, OH
1$1.2M$1,193,0000%
11Leader Bank
Bank · Arlington, MA
1$476K$476,000100%
12Growth Capital
Non-bank lender · Cleveland, OH
1$350K$350,000100%
13JPMorgan Chase Bank
Bank · Columbus, OH
1$300K$300,0000%
14First Federal Savings and Loan Association of Lakewood
Bank · Lakewood, OH
1$250K$250,0000%
15BayFirst National Bank
Bank · St. Petersburg, FL
1$185K$185,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Painesville. For 504 loans the lender shown is the certified development company.

What gets financed in Painesville

IndustryLoansShareMedian loanMost active lender
Other services (repair, personal care)20
20%
$67,800Huntington National Bank
Construction18
18%
$92,800Huntington National Bank
Administrative and support services12
12%
$50,000Huntington National Bank
Manufacturing11
11%
$150,000Huntington National Bank
Transportation and warehousing10
10%
$45,250Huntington National Bank
Restaurants and hotels8
8%
$72,850Huntington National Bank
Arts, entertainment and recreation6
6%
$52,500Huntington National Bank
Retail5
5%
$50,000Huntington National Bank
Loan size mix
  • Under $150,00066%
  • $150,000 to $500,00025%
  • $500,000 to $2 million7%
  • $2 million and up2%
Compared with Ohio
Median loan, Painesville
$71,600
Median loan, Ohio
$100,000
Startup share, Painesville
29%
Startup share, Ohio
32%
Share of state's SBA loans
0.6%

SBA loans per fiscal year in Painesville

0132740FY14: 27 loansFY14FY15: 18 loansFY15FY16: 19 loansFY16FY17: 22 loansFY17FY18: 20 loansFY18FY19: 14 loansFY19FY20: 6 loansFY20FY21: 26 loansFY21FY22: 30 loansFY2230FY23: 20 loansFY23FY24: 23 loansFY24FY25: 14 loansFY25FY26 (Oct to Jun): 12 loansFY2612
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.