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Ohio

Top SBA lenders in Cleveland

Businesses in the Cleveland area have received $672M across 2,335 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.

#LenderSBA approvals in ClevelandRating
1The Huntington National Bank$223M2.2(69)
2KeyBank National Association$87M5.0(2)
3Growth Capital Corp.$45M3.4(5)
4U.S. Bank, National Association$37M2.1(31)
5WesBanco Bank, Inc.$31M2.5(27)
6First Commonwealth FCU$22M4.0(222)
7Grow America Fund, Incorporated$16M3.0(4)
8Newtek Small Business Finance, Inc.$16M1.7(33)
9JPMorgan Chase Bank, National Association$14M4.3(144)
10First National Bank of Pennsylvania$13M2.2(6)
11Live Oak Banking Company$13M3.4(145)
12Fifth Third Bank$13M1.4(100)
13PNC Bank, National Association$12M3.0(23)
14Northwest Bank$12M2.9(38)
15Citizens Bank, National Association$9M1.4(109)

Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Ohio SBA lenders →

SBA lenders in Cleveland — common questions

Which SBA lender is most active in Cleveland?

The Huntington National Bank has approved the most SBA 7(a) & 504 funding for Cleveland-area businesses — $223M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.

How much SBA funding have Cleveland businesses received?

Businesses in the Cleveland area have received $672M across 2,335 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.

Do I have to use an SBA lender based in Cleveland?

No. SBA loans are federal, so a national or out-of-state lender can fund your Cleveland business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.

How are the top Cleveland SBA lenders ranked?

By total gross SBA loan approvals to borrowers in the Cleveland area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.

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