SHANE PIERSON · SBA DATA
SBA by City · Akron, OH

SBA Lending in Akron, Ohio

Businesses in Akron, OH have drawn 1,597 SBA 7(a) loans worth $366M, and annual volume has grown 1% versus the prior decade.

1,597
7(a) loans
$366M
Approved dollars
$229,284
Average loan size
#6
Rank in Ohio
+1%
Annualized vs prior decade
11.6%
Active-loan distress

Akron is the #6 SBA 7(a) market in Ohio and #102 in the country. Since 1991 lenders have approved 1,597 loans here worth $366M, averaging $229,284 each. Annual approval volume has grown 1% between FY2013-2019 and FY2020-2026. 11.6% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.