Canton, OH — PPP Loan Data

Canton, Ohio received 4,560 Paycheck Protection Program loans totaling $392.6M. The average loan in the city was $86,094 — above the national program average of approximately $67,000.

88.6% of loans in Canton — totaling $383.3M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Canton were HILSCHER CLARKE ENTERPRISES, LLC ($8,467,000), 50 X 20 HOLDING COMPANY ($6,577,500), and THE BELDEN BRICK COMPANY LLC ($5,367,762).

The most active industry sector in Canton was Personal Care Services with 354 loans worth $6.9M, followed by Accommodation and Food Services (204 loans).

Applicants in Canton reported retaining 47,935 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Canton is part of Ohio, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.