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

SBA Lending in Cleveland, Ohio

Businesses in Cleveland, OH have drawn 3,501 SBA 7(a) loans worth $769M, and annual volume has fallen 20% versus the prior decade.

3,501
7(a) loans
$769M
Approved dollars
$219,558
Average loan size
#3
Rank in Ohio
-20%
Annualized vs prior decade
11.3%
Active-loan distress

Cleveland is the #3 SBA 7(a) market in Ohio and #38 in the country. Since 1991 lenders have approved 3,501 loans here worth $769M, averaging $219,558 each. Annual approval volume has fallen 20% between FY2013-2019 and FY2020-2026. 11.3% 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.