SBA 7(a) lenders in Lorain, OH

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

69 institutions have SBA 7(a) loans on record in Lorain, together $342.5M across 1,469 loans. The Huntington National Bank is the largest, with 42% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	The Huntington National Bank	886	$143.0M	41.8%	1.57%
2	Northwest Bank	111	$27.0M	7.9%	0.72%
3	KeyBank National Association	68	$17.6M	5.2%	0.00%
4	U.S. Bank, National Association	68	$12.0M	3.5%	1.14%
5	Fifth Third Bank	30	$7.6M	2.2%	3.81%
6	Stearns Bank National Association	7	$7.5M	2.2%	0.90%
7	Live Oak Banking Company	7	$7.3M	2.1%	0.00%
8	JPMorgan Chase Bank, National Association	17	$6.1M	1.8%	0.00%
9	Byline Bank	5	$5.3M	1.5%	0.00%
10	First Western SBLC, LLC	3	$5.0M	1.5%	0.00%
11	First Commonwealth Bank	6	$4.7M	1.4%	0.00%
12	HomeTrust Bank	1	$4.5M	1.3%	0.00%
13	PNC Bank, National Association	29	$4.4M	1.3%	4.82%
14	Banc of California	7	$4.2M	1.2%	0.00%
15	Citizens Bank, National Association	22	$4.1M	1.2%	4.24%
16	Newtek Small Business Finance, Inc.	4	$4.0M	1.2%	0.00%
17	Celtic Bank Corporation	5	$3.9M	1.1%	0.00%
18	WesBanco Bank, Inc.	5	$3.8M	1.1%	0.00%
19	Bank Five Nine	3	$3.8M	1.1%	0.00%
20	Lendistry SBLC, LLC	1	$3.8M	1.1%	0.00%
21	Readycap Lending, LLC	5	$3.6M	1.0%	0.00%
22	Growth Capital Corp.	32	$3.6M	1.0%	8.69%
23	Wells Fargo Bank National Association	5	$3.1M	0.9%	0.00%
24	United Midwest Savings Bank National Association	6	$3.0M	0.9%	0.00%
25	First Federal Savings and Loan Association of Lakewood	10	$2.8M	0.8%	0.00%
26	Shoreham Bank	1	$2.8M	0.8%	0.00%
27	Simmons Bank	11	$2.7M	0.8%	0.00%
28	Southwestern National Bank	1	$2.6M	0.8%	0.00%
29	The Farmers National Bank of Canfield	6	$2.3M	0.7%	0.00%
30	First National Bank of Pennsylvania	3	$2.3M	0.7%	0.00%
31	CIBC Bank USA	4	$2.2M	0.6%	0.00%
32	PromiseOne Bank	2	$2.1M	0.6%	0.00%
33	Newtek Bank, National Association	7	$1.9M	0.6%	0.00%
34	Buckeye Community Bank	5	$1.9M	0.5%	0.00%
35	First Financial Bank	11	$1.8M	0.5%	0.00%
36	The Croghan Colonial Bank	2	$1.8M	0.5%	0.00%
37	CFBank National Association	3	$1.7M	0.5%	0.00%
38	BayFirst National Bank	10	$1.7M	0.5%	18.81%
39	United Community Bank	2	$1.5M	0.4%	0.00%
40	Open Bank	1	$1.5M	0.4%	0.00%
41	Beacon Bank and Trust	1	$1.4M	0.4%	0.00%
42	Northeast Bank	5	$1.3M	0.4%	0.00%
43	TowneBank	1	$1.1M	0.3%	0.00%
44	Civista Bank	5	$1.1M	0.3%	0.00%
45	German American Bank	1	$1.1M	0.3%	0.00%
46	1st Financial Bank USA	1	$1.0M	0.3%	0.00%
47	Bank of America, National Association	3	$945K	0.3%	0.00%
48	Dollar Bank, A Federal Savings Bank	5	$905K	0.3%	0.00%
49	Community Star CU, Inc.	6	$775K	0.2%	0.00%
50	Peoples Bank	4	$760K	0.2%	0.00%
51	Columbia Bank	2	$718K	0.2%	0.00%
52	The First National Bank Bellevue	4	$695K	0.2%	0.00%
53	Gulf Coast Bank and Trust Company	2	$679K	0.2%	0.00%
54	Capital Bank, National Association	1	$550K	0.2%	0.00%
55	Meridian Bank	1	$465K	0.1%	0.00%
56	Consumers National Bank	1	$400K	0.1%	0.00%
57	Sutton Bank	1	$360K	0.1%	0.00%
58	Mission Valley Bank	1	$315K	0.1%	0.00%
59	The Bancorp Bank National Association	1	$254K	0.1%	0.00%
60	FinWise Bank	1	$250K	0.1%	0.00%
61	Independence Bank	1	$150K	0.0%	73.26%
62	Accion Opportunity Fund Community Development	1	$150K	0.0%	0.00%
63	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
64	Economic and Community Development Institute	1	$108K	0.0%	0.00%
65	Main Street Bank Corp	1	$100K	0.0%	0.00%
66	The Union Bank Company	1	$100K	0.0%	0.00%
67	Pathward National Association	1	$70K	0.0%	0.00%
68	Unified Bank	1	$32K	0.0%	0.00%
69	VelocitySBA, LLC	2	$30K	0.0%	59.57%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Accommodation & food services	196	$57.8M	16.9%
2	Construction	272	$42.9M	12.5%
3	Retail trade	101	$28.9M	8.4%
4	Health care & social assistance	73	$28.0M	8.2%
5	Other services	126	$26.7M	7.8%
6	Administrative & waste services	133	$26.0M	7.6%
7	Manufacturing	79	$21.5M	6.3%
8	Manufacturing	49	$18.2M	5.3%
9	Arts, entertainment & recreation	45	$17.3M	5.1%
10	Real estate & leasing	23	$16.9M	4.9%
11	Wholesale trade	40	$16.4M	4.8%
12	Professional & technical services	97	$15.7M	4.6%
13	Transportation & warehousing	120	$11.0M	3.2%
14	Retail trade	52	$5.2M	1.5%
15	Educational services	18	$4.0M	1.2%
16	Manufacturing	14	$2.4M	0.7%
17	Transportation & warehousing	7	$1.4M	0.4%
18	Information	9	$1.2M	0.4%
19	Finance & insurance	13	$657K	0.2%
20	Agriculture, forestry & fishing	2	$300K	0.1%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.