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County2nd of 88 in Ohio by approvalsFIPS 39035
SBA loans in Cuyahoga County, Ohio
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Cuyahoga County, Ohio, received 2,217 SBA loan approvals worth $745M in FY2021 to FY2025 (2,161 7(a), 56 504).
That is 70.4 approvals per 1,000 business establishments (31,496 establishments in 2023), close to the Ohio figure of 72.3 and above the national 41.0.
It ranks 2nd of 88 Ohio counties with approvals. In FY2025 there were 406, down 13% on FY2024.
98 lenders had approvals here; the most active were The Huntington National Bank (1,369), KeyBank National Association (155) and U.S. Bank, National Association (100). The most common industry was general freight trucking.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Cuyahoga County
By number of approvals to businesses in the county, FY2021–FY2025; 98 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 1,369 | $233M | 61.8% | |
| 2 | KeyBank National AssociationCleveland, OH | 155 | $67.1M | 7.0% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 100 | $32.6M | 4.5% | |
| 4 | Growth Capital Corp.Cleveland, OH · CDC | 41 | $37.0M | 1.8% | |
| 5 | Growth Capital Corp.Cleveland, OH | 31 | $6.0M | 1.4% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 28 | $38.6M | 1.3% | |
| 7 | First Commonwealth BankIndiana, PA | 28 | $25.7M | 1.3% | |
| 8 | PNC Bank, National AssociationWilmington, DE | 26 | $7.5M | 1.2% | |
| 9 | Northeast BankLewiston, ME | 25 | $3.0M | 1.1% | |
| 10 | WesBanco Bank, Inc.Wheeling, WV | 23 | $24.2M | 1.0% | |
| 11 | Northwest BankWarren, PA | 22 | $13.4M | 1.0% | |
| 12 | First Federal Savings and Loan Association of LakewoodLakewood, OH | 22 | $10.7M | 1.0% | |
| 13 | Fifth Third BankCincinnati, OH | 22 | $8.0M | 1.0% | |
| 14 | Newtek Bank, National AssociationMiami, FL | 22 | $6.6M | 1.0% | |
| 15 | BayFirst National BankSaint Petersburg, FL | 22 | $3.9M | 1.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 304 | 13.7% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 211 | 9.5% | |
| 3 | Personal Care ServicesNAICS 8121 | 93 | 4.2% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 67 | 3.0% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 67 | 3.0% | |
| 6 | Residential Building ConstructionNAICS 2361 | 64 | 2.9% | |
| 7 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 52 | 2.3% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 44 | 2.0% | |
| 9 | Child Day Care ServicesNAICS 6244 | 41 | 1.8% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 40 | 1.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Transportation and Warehousing | 392 | 17.7% | |
| 2 | Accommodation and Food Services | 273 | 12.3% | |
| 3 | Construction | 223 | 10.1% | |
| 4 | Professional, Scientific, and Technical Services | 209 | 9.4% | |
| 5 | Health Care and Social Assistance | 198 | 8.9% | |
| 6 | Other Services (except Public Administration) | 195 | 8.8% | |
| 7 | Retail Trade | 172 | 7.8% | |
| 8 | Manufacturing | 155 | 7.0% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 167 | $91.1M | $166K | 13 | $19.8M | 180 | 1,635 |
| FY2025 | 400 | $152M | $140K | 6 | $9.1M | 406 | 3,712 |
| FY2024 | 459 | $135M | $90K | 6 | $10.3M | 465 | 3,968 |
| FY2023 | 447 | $128M | $75K | 7 | $12.6M | 454 | 3,876 |
| FY2022 | 461 | $124M | $100K | 16 | $17.3M | 477 | 3,971 |
| FY2021 | 394 | $143M | $110K | 21 | $14.4M | 415 | 4,259 |
| FY2020 | 344 | $92.9M | $75K | 11 | $10.0M | 355 | 3,705 |
| FY2019 | 455 | $115M | $69K | 17 | $10.7M | 472 | 4,505 |
| FY2018 | 539 | $132M | $68K | 20 | $6.7M | 559 | 4,890 |
| FY2017 | 527 | $112M | $54K | 20 | $18.9M | 547 | 4,369 |
| FY2016 | 541 | $125M | $50K | 15 | $8.6M | 556 | 4,295 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 2,489 approvals.
Against Ohio and the country
| FY2021–FY2025 | Cuyahoga County | Ohio | United States |
|---|---|---|---|
| Approvals | 2,217 | 18,439 | 342,825 |
| Approvals per 1,000 establishments | 70.4 | 72.3 | 41.0 |
| Median 7(a) approval | $100K | $99K | $190K |
| Median 504 approval | $747K | $496K | $657K |
| Average approval | $336K | $336K | $573K |
| 504 share of approvals | 2.5% | 4.3% | 11.0% |
| Jobs supported per approval, as reported | 8.9 | 8.1 | 10.5 |
| Share of state approvals | 12.0% | 100.0% | — |
Approval sizes
- $50,000 or less34.9%773
- $50,001 to $150,00028.1%622
- $150,001 to $350,00016.4%364
- $350,001 to $1 million12.6%279
- $1 million to $2 million4.7%105
- Over $2 million3.3%74
Age of the businesses
- Existing, more than 2 years old64.6%1,433
- New business, 2 years or less13.5%299
- Startup, loan funds will open the business16.4%364
- Change of ownership5.5%121
Questions and answers
Which lenders make the most SBA loans in Cuyahoga County?
By approvals in FY2021 to FY2025: The Huntington National Bank (1,369), KeyBank National Association (155), U.S. Bank, National Association (100), Growth Capital Corp. (41), Growth Capital Corp. (31). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Cuyahoga County?
The median 7(a) approval was $100K and the median 504 approval $747K; the Ohio 7(a) median was $99K.
Which industries get the most SBA loans in Cuyahoga County?
General Freight Trucking (304); Restaurants and Other Eating Places (211); Personal Care Services (93); Other Amusement and Recreation Industries (67); Services to Buildings and Dwellings (67).
Is SBA lending in Cuyahoga County rising?
Approvals in the three latest complete fiscal years total 1,325, against 1,247 in the three before: broadly level (+6%).
How does Cuyahoga County compare with the rest of Ohio?
70.4 approvals per 1,000 establishments against 72.3 statewide, and 2,217 of the state's 18,439 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error