Huntington remains among top SBA loan generators

The U.S. Small Business Administration has recognized Huntington Bancshares Inc. as the nation’s No. 3 lender for SBA 7(a) loans and the leading bank in the Midwest for both the number and dollar amount of those loans.

According to the SBA, Huntington made 1,235 SBA 7(a) loans for a total of $194.94 million for the period from Oct. 1, 2011 through March 31. Huntington made more than five times the number of loans, and more than four times the dollar volume.

SBA’s results also show Huntington as the top lender in Ohio, Michigan and Western Pennsylvania in both number of loans and total loan amount, and the top lender in volume in both Indiana and West Virginia.

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