The Huntington National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Huntington National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484121 | General Freight Trucking, Long-Distance, Truckload | 7,912 | $626.1M | $79K | 7.8% |
| 722511 | Full-Service Restaurants | 3,909 | $1.05B | $268K | 3.9% |
| 484110 | General Freight Trucking, Local | 3,232 | $276.4M | $86K | 3.2% |
| 722513 | Limited-Service Restaurants | 2,461 | $651.0M | $265K | 2.4% |
| 713940 | Fitness and Recreational Sports Centers | 2,171 | $561.3M | $259K | 2.1% |
| 238990 | All Other Specialty Trade Contractors | 2,164 | $491.0M | $227K | 2.1% |
| 236118 | Residential Remodelers | 2,114 | $201.4M | $95K | 2.1% |
| 561730 | Landscaping Services | 2,060 | $268.6M | $130K | 2.0% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 1,472 | $279.9M | $190K | 1.5% |
| 812112 | Beauty Salons | 1,358 | $158.6M | $117K | 1.3% |
Geographic Distribution
SBA lending activity for The Huntington National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 39,839 | $6.41B | 39.3% |
| Michigan (MI) | 24,195 | $4.54B | 23.9% |
| Texas (TX) | 4,063 | $2.38B | 4.0% |
| Indiana (IN) | 5,529 | $1.13B | 5.5% |
| Illinois (IL) | 4,292 | $983.3M | 4.2% |
| Florida (FL) | 2,445 | $977.4M | 2.4% |
| Georgia (GA) | 1,672 | $966.8M | 1.7% |
| Pennsylvania (PA) | 4,012 | $791.5M | 4.0% |
| California (CA) | 1,730 | $573.7M | 1.7% |
| Colorado (CO) | 1,162 | $363.8M | 1.1% |
| North Carolina (NC) | 645 | $294.2M | 0.6% |
| Kentucky (KY) | 1,251 | $276.2M | 1.2% |
| Tennessee (TN) | 677 | $254.3M | 0.7% |
| Wisconsin (WI) | 874 | $252.6M | 0.9% |
| West Virginia (WV) | 1,466 | $249.3M | 1.4% |
| Virginia (VA) | 466 | $223.3M | 0.5% |
| New York (NY) | 547 | $220.5M | 0.5% |
| Alabama (AL) | 467 | $194.8M | 0.5% |
| South Carolina (SC) | 352 | $184.7M | 0.3% |
| New Jersey (NJ) | 495 | $179.9M | 0.5% |
| Minnesota (MN) | 752 | $164.0M | 0.7% |
| Missouri (MO) | 389 | $150.2M | 0.4% |
| Mississippi (MS) | 668 | $146.2M | 0.7% |
| Arizona (AZ) | 399 | $141.4M | 0.4% |
| Arkansas (AR) | 376 | $118.0M | 0.4% |
| Washington (WA) | 248 | $117.6M | 0.2% |
| Louisiana (LA) | 285 | $105.1M | 0.3% |
| Maryland (MD) | 205 | $97.6M | 0.2% |
| Utah (UT) | 224 | $91.1M | 0.2% |
| Massachusetts (MA) | 210 | $87.2M | 0.2% |
| Oregon (OR) | 186 | $72.9M | 0.2% |
| Nevada (NV) | 212 | $67.3M | 0.2% |
| Oklahoma (OK) | 111 | $53.1M | 0.1% |
| Connecticut (CT) | 127 | $43.9M | 0.1% |
| Iowa (IA) | 76 | $36.5M | 0.1% |
| Kansas (KS) | 94 | $35.6M | 0.1% |
| Idaho (ID) | 107 | $33.3M | 0.1% |
| Nebraska (NE) | 65 | $24.4M | 0.1% |
| New Hampshire (NH) | 49 | $24.4M | 0.0% |
| New Mexico (NM) | 47 | $20.1M | 0.0% |
| Delaware (DE) | 59 | $18.3M | 0.1% |
| Rhode Island (RI) | 40 | $14.5M | 0.0% |
| District of Columbia (DC) | 30 | $12.1M | 0.0% |
| Montana (MT) | 21 | $11.1M | 0.0% |
| Hawaii (HI) | 18 | $11.0M | 0.0% |
| Maine (ME) | 20 | $8.4M | 0.0% |
| Vermont (VT) | 17 | $8.3M | 0.0% |
| Alaska (AK) | 6 | $7.1M | 0.0% |
| Wyoming (WY) | 18 | $6.8M | 0.0% |
| South Dakota (SD) | 17 | $4.0M | 0.0% |
| North Dakota (ND) | 10 | $2.0M | 0.0% |
| PR (PR) | 2 | $1.6M | 0.0% |
Why Choose The Huntington National Bank?
Based on SBA 7(a) lending track record from 1991-2026
- ✓Proven Track Record: 101,265 SBA loans approved, totaling $23.17B in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Long-Distance, Truckload, Full-Service Restaurants, General Freight Trucking, Local
- ✓Competitive Terms: Average interest rate of 7.29% with flexible term lengths averaging 109 months
- ✓Loan Range: Loan sizes from $100 to $5.0M, with an average of $229K
- ✓Nationwide Reach: Active lending in 52 states, with strong presence in OH, MI, IN
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 The Huntington National Bank SBA lending
What types of businesses does The Huntington National Bank typically finance?
The Huntington National Bank specializes in SBA 7(a) lending to specific industries including general freight trucking, long-distance, truckload, full-service restaurants, general freight trucking, local, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Huntington National Bank's typical SBA loan terms?
The Huntington National Bank's SBA 7(a) loans typically feature an average interest rate of 7.29% and average term length of 109 months (approximately 9 years). Loan sizes range from $100 to $5.0M, with an average loan size of $229K.
Do I need a business valuation for a The Huntington National Bank SBA loan?
Yes, The Huntington National Bank 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 The Huntington National Bank compare to other SBA lenders?
The Huntington National Bank has originated 101,265 SBA loans totaling $23.17B since 1991. 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 The Huntington National Bank lend in?
The Huntington National Bank provides SBA 7(a) financing with particularly strong presence in OH, MI, IN, IL, TX. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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