STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
189
2010–2026
Total Volume
$82M
Gross loan amounts
States Active
5
With recorded loans
Programs
7(a) & 504
189 total segments
With 30% of their SBA deals being 504 loans, Farmers National Bank of Canfield is a strong option for borrowers seeking real estate financing, compared to the national average of 18%. This makes them particularly suitable for businesses looking to acquire property or expand their facilities.
The average spread for their 7(a) loans is P+2.15%, which is lower than the national median of P+2.75%. This indicates that borrowers may find more favorable pricing with Farmers National Bank, making it a cost-effective choice for financing.
The bank's growth trend shows a decline of 33% year-over-year in their deal volume, which may indicate a tightening of lending practices. Borrowers should be prepared for potentially stricter approval processes or lower availability of funds.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 56 504 loans, which use fixed SBA debenture rates.
States where The Farmers National Bank of Canfield has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Administrative & Waste Services
Administrative & Waste Services
Social Assistance
Health Care & Social Assistance
General Merchandise
Retail Trade
Auto Repair & Maintenance
Other Services
Real Estate
Real Estate
Specialty Trade Contractors
Construction
+ 7 more
All recorded SBA lending activity for The Farmers National Bank of Canfield, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Ohio · Restaurants & Food Service · Under $150K | 7(a) | 8 | P+2.63% | $104K | Q1 2020 |
| Ohio · Restaurants & Food Service · $150K – $350K | 7(a) | 7 | P+2.75% | $248K | Q3 2019 |
| Ohio · Manufacturing · $150K – $350K | 7(a) | 6 | P+2.00% | $247K | Q2 2012 |
| Ohio · Manufacturing · $500K – $1M | 504 | 5 | — | $754K | Q4 2019 |
| Ohio · Manufacturing · Under $150K | 7(a) | 5 | P+2.75% | $75K | Q1 2020 |
| Ohio · General Merchandise · $350K – $500K | 7(a) | 5 | P+2.00% | $461K | Q2 2014 |
| Ohio · Administrative & Waste Services · Under $150K | 7(a) | 4 | P+1.63% | $83K | Q1 2015 |
| Ohio · Personal Care (Salons, Spas) · Under $150K | 7(a) | 3 | P+2.50% | $102K | Q2 2018 |
| Ohio · Food & Beverage Stores · Under $150K | 7(a) | 3 | P+2.75% | $95K | Q4 2017 |
| Ohio · Arts, Entertainment & Recreation · Under $150K | 7(a) | 3 | P+1.00% | $108K | Q1 2018 |
| Ohio · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 3 | P+1.74% | $292K | Q1 2018 |
| Ohio · Specialty Trade Contractors · Under $150K | 7(a) | 2 | P+1.50% | $150K | Q4 2016 |
| Ohio · Finance & Insurance · Under $150K | 7(a) | 2 | P+1.25% | $75K | Q4 2017 |
| Ohio · Real Estate · Under $150K | 7(a) | 2 | P+2.63% | $88K | Q4 2011 |
| Ohio · Other Health Practitioners · Under $150K | 7(a) | 2 | P+1.13% | $137K | Q4 2019 |
| Ohio · Other Repair & Services · Under $150K | 7(a) | 2 | P+2.25% | $115K | Q3 2023 |
| Ohio · Administrative & Waste Services · $150K – $350K | 7(a) | 2 | P+1.63% | $308K | Q4 2013 |
| Ohio · Sporting Goods & Hobby · Under $150K | 7(a) | 2 | P+3.25% | $40K | Q1 2015 |
| Ohio · Manufacturing · $150K – $350K | 504 | 2 | — | $176K | Q1 2021 |
| Ohio · Other Repair & Services · $500K – $1M | 7(a) | 2 | P+1.88% | $571K | Q3 2023 |
| Ohio · Education · $350K – $500K | 504 | 2 | — | $430K | Q1 2019 |
| Ohio · Sporting Goods & Hobby · $1M – $2M | 7(a) | 2 | P+1.00% | $1.6M | Q2 2014 |
| Ohio · Auto Repair & Maintenance · $500K – $1M | 504 | 2 | — | $709K | Q3 2018 |
| Ohio · Restaurants & Food Service · Under $150K | 504 | 2 | — | $93K | Q2 2024 |
| Ohio · Manufacturing · $350K – $500K | 7(a) | 2 | P+2.00% | $403K | Q4 2018 |
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