Restaurant lending in Canton-Massillon: where the area stands

Canton-Massillon, OH stands 90 of 821 among metro and micro areas, on 57 SBA approvals in FY2017 through FY2026 worth $12.1 million. Share of loans for restaurant in Canton-Massillon comes to 0.85x the share seen nationally: Canton-Massillon tilts away from the class. Ranked inside Canton-Massillon, the class sits 1 of 39, a leading line here. Each Canton-Massillon project county is in OH.

In Canton-Massillon, the median loan is $50,000, with the middle half running from $42,800 to $241,100. The local median is 0.18x the class median nationally, so Canton-Massillon borrowers draw lighter loans. Of Canton-Massillon's loans, 57 are 7(a) and 0 are 504, a lender focus. In Canton-Massillon, a 504 file is tied to fixed assets. Canton-Massillon's franchise share of loans stands at 14.0%, brand reliance in brief. Canton-Massillon sponsors should treat it as context.

Restaurant lenders in Canton-Massillon

Among 7(a) loans in Canton-Massillon, the holders on record, by loans, are The Huntington National Bank: 40 loans, $5.7 million; and Consumers National Bank: 6 loans, $426,300. No 504 holder is listed for Canton-Massillon. Each Canton-Massillon row is an SBA record. Canton-Massillon lenders hold or held these loans. The Canton-Massillon table describes files, not practices. Canton-Massillon rows state no lender requirement.

Canton-Massillon's published years show FY2017 (11 loans, $3.4 million), FY2018 (5 loans, $737,900), FY2019 (6 loans, $957,000), FY2021 (8 loans, $1.4 million), FY2022 (9 loans, $1.1 million), FY2023 (7 loans, $3.2 million), FY2025 (6 loans, $531,100) and FY2026 (0 loans, $0). FY2020 and FY2024 are not published for Canton-Massillon, as counts are thin, so Canton-Massillon's gaps mean unpublished, never zero. Loans approved from FY2017 to FY2024 in Canton-Massillon fell through after approval, a floor of 9.8%; treat it as a floor. For Canton-Massillon, no charge-off floor is printed. Canton-Massillon's thin cohort stays unpublished. All Canton-Massillon totals use the 2023 federal definition, and each Canton-Massillon project is placed by county, and Canton-Massillon excludes any county it cannot match.

Canton-Massillon: testing a restaurant project

For a restaurant project in Canton-Massillon, OH, the record gives context; a study proves. Each Canton-Massillon study must establish coverage through one weak quarter. For Canton-Massillon, we would first examine sales per seat against the rent carried. Canton-Massillon borrowers should expect the study to document kitchen and hood build-out expense. A Canton-Massillon study begins by testing real estate value apart from earnings. Canton-Massillon lenders need the study to show a realistic opening date and ramp. Canton-Massillon tests demand, cost, coverage and value. Canton-Massillon lenders get evidence, not a promise.

SBA full-service restaurant loans in the Canton-Massillon, OH Metro Area

Loans approved, FY2017 to FY2026	57
Gross dollars approved	$12.1 million
Median loan	$50,000
Middle half of loans, from	$42,800
Middle half of loans, to	$241,100
SBA 7(a) loans	57
SBA 504 loans	0
Franchise share of loans	14.0%
Rank among metro and micro areas for full-service restaurant loans	90 of 821
Rank of full-service restaurant among the classes in this area	1 of 39
Location quotient (share of loans against the national share)	0.85x
Median loan against the national median for the class	0.18x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	9.8%
The same, counting loans still undisbursed as cancelled (a ceiling)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA full-service restaurant loans approved in the Canton-Massillon, OH Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	11	$3.4 million
FY2018	5	$737,900
FY2019	6	$957,000
FY2020	withheld	withheld
FY2021	8	$1.4 million
FY2022	9	$1.1 million
FY2023	7	$3.2 million
FY2024	withheld	withheld
FY2025	6	$531,100
FY2026	0	$0

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
The Huntington National Bank	40	$5.7 million
Consumers National Bank	6	$426,300

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-15940-C34.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a full-service restaurant project in the Canton-Massillon, OH Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Restaurant Feasibility Study in the Canton-Massillon, OH Metro Area