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

SBA Lending in Canton, Ohio

The SBA FOIA record lists 1,079 7(a) approvals worth $185M for businesses in Canton, OH, and annual volume has fallen 7% versus the prior decade.

1,079
7(a) loans
$185M
Approved dollars
$171,325
Average loan size
#7
Rank in Ohio
-7%
Annualized vs prior decade
5.7%
Active-status distress

Canton is the #7 SBA 7(a) market in Ohio and #180 in the country. Since 1991 the FOIA record lists 1,079 approvals here worth $185M, averaging $171,325 each. Annual approval volume has fallen 7% between FY2013-2019 and FY2020-2026. Among 209 active-status loans, 5.7% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.

What Canton borrows for

Who lends in Canton

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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