Huntington National Bank is a "full-service banking provider primarily operating across a seven-state banking franchise of Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania, and West Virginia."
In 2020, Huntington National Bank had approved 787 SBA 7(a) loans, with an approval amount of $150.6 million.
Banks do not typically offer business startup loans because these are the riskiest types of loans that can be offered. However, there ate various lending bodies, such as Fundera, that offer SBA loans to startups. We can, therefore, shift our focus from banks to lending bodies in general.
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