HUNTINGTON NATIONAL BANK WEST
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by HUNTINGTON NATIONAL BANK WEST · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for HUNTINGTON NATIONAL BANK WEST by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Virginia (VA) | 2 | $450K | 40.0% |
| West Virginia (WV) | 3 | $210K | 60.0% |
Why Choose HUNTINGTON NATIONAL BANK WEST?
Based on SBA 7(a) lending track record from 1992-1996
- ✓Proven Track Record: 5 SBA loans approved, totaling $660K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 57 months
- ✓Loan Range: Loan sizes from $50K to $250K, with an average of $132K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WV, VA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about HUNTINGTON NATIONAL BANK WEST SBA lending
What types of businesses does HUNTINGTON NATIONAL BANK WEST typically finance?
HUNTINGTON NATIONAL BANK WEST specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are HUNTINGTON NATIONAL BANK WEST's typical SBA loan terms?
HUNTINGTON NATIONAL BANK WEST's SBA 7(a) loans typically feature an average interest rate of — and average term length of 57 months (approximately 5 years). Loan sizes range from $50K to $250K, with an average loan size of $132K.
Do I need a business valuation for a HUNTINGTON NATIONAL BANK WEST SBA loan?
Yes, HUNTINGTON NATIONAL BANK WEST typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does HUNTINGTON NATIONAL BANK WEST compare to other SBA lenders?
HUNTINGTON NATIONAL BANK WEST has originated 5 SBA loans totaling $660K since 1992. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does HUNTINGTON NATIONAL BANK WEST lend in?
HUNTINGTON NATIONAL BANK WEST provides SBA 7(a) financing with particularly strong presence in WV, VA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.