Local lending data
Who lends to businesses in Stark County?
447 SBA 7(a) loans went to businesses in Stark County recently, at a median of $72,400. The lenders that made them, ranked, with local rates and startup share.
447 SBA 7(a) loans went to businesses in Stark County in the most recent fiscal years, at a median of $72,400. The most active lender was The Huntington National Bank, with 290 loans.
SBA lending in Stark County, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Stark County | Ohio | National |
|---|---|---|---|
| Loans approved | 447 | 11,134 | 214,102 |
| Median loan | $72,400 | $100,000 | $150,000 |
| 25th - 75th percentile | $36,200 - $244,000 | $44,450 - $282,350 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 10.00% | 10.25% | 10.25% |
| Share to startups | 32.9% | 33.0% | 33.6% |
| Charge-off rate, FY2010-19 | 5.8% | 6.1% | 7.1% |
| Jobs supported | 3,577 | 90,372 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Stark County. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| The Huntington National Bank | 290 | $50,000 | 29% | 10.25% |
| Consumers National Bank | 36 | $91,100 | 22% | 8.00% |
| KeyBank | 14 | $192,000 | 79% | 10.50% |
| U.S. Bank | 10 | $263,850 | 40% | 8.54% |
| Live Oak Banking Company | 9 | $425,000 | 11% | 9.24% |
| First Commonwealth Bank | 8 | $668,000 | 38% | 9.50% |
| Newtek Bank | 7 | $350,000 | 14% | 11.50% |
| Shoreham Bank | 6 | $3,007,500 | 67% | 9.62% |
| Peoples Bank | 6 | $856,600 | 67% | 8.50% |
| BayFirst National Bank | 5 | $95,000 | 0% | 13.25% |
What stands out here
Reading these figures against the national picture:
- Loans here run smaller than average. The median of $72,400 is 52% below the $150,000 national median. Smaller loans price higher under the SBA spread caps, so budget for a rate above the headline range.
- Startup share is about average, at 33% against 34% nationally.
- One lender dominates. The Huntington National Bank alone made 65% of these loans, and the top three made 76%. That concentration usually means a lender with a dedicated program for this sector — worth starting there, but get a second quote so you know the terms are competitive.
Who borrows in Stark County
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 92 | 20.6% |
| Trucking | 49 | 11.0% |
| Healthcare | 46 | 10.3% |
| Personal Services | 46 | 10.3% |
| Retail | 40 | 8.9% |
| Restaurants and Hotels | 38 | 8.5% |
| Admin Services | 29 | 6.5% |
| Professional Services | 26 | 5.8% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year — see choosing an SBA lender.
- Check your coverage first with the affordability calculator, so you ask for a number your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across Ohio.
Other counties in Ohio
- Nearby markets with published data: Franklin County, Cuyahoga County, Hamilton County, Summit County, Montgomery County, Lucas County, Delaware County, Lorain County