huntington earns top honors from sba for helping local small businesses

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Huntington Bank has lived up to its $4 billion commitment to small business and was honored October 24 by the Small Business Administration as the Grand Slam winner for SBA lending in the Cleveland district for fiscal year 2012. The bank led in every SBA lending category: number of loans; loan volume; minority lending; and 504 lending. Huntington also earned the Grand Slam title in 2011 and the Triple Play title in 2010. Huntington is the third largest SBA lender in the country.

“We’re committed to Cleveland as a company,” says Huntington’s Greater Cleveland president Dan Walsh. “We’re pleased with the results, not just for Huntington, but for Cleveland. There’s a great renaissance going on here and we believe we can lead the country in investments.”

Melt Bar and Grilled is just one growing small business that has benefitted from Huntington’s commitment. Melt owner Matt Fish was self-funded through his first three restaurants, but looked to banks when he decided to expand even more.

“We were looking for a financial institution we could partner with long term,” says Fish. “Huntington really stepped up. I was looking for a bank to perform for us, and the SBA was looking for a strong company. It was a win-win situation.” Fish opens his fourth restaurant  this week in Mentor.

Walsh sees Melt as the ideal client to grow the economy in Northeast Ohio. “They are the lifeblood for jobs creation and economic growth for our community,” he says. “They have a sustainability model that helps grow and sustain business, which is good for our business.”


Sources: Dan Walsh, Matt Fish
Writer: Karin Connelly

Karin Connelly Rice
Karin Connelly Rice

About the Author: Karin Connelly Rice

Karin Connelly Rice enjoys telling people's stories, whether it's a promising startup or a life's passion. Over the past 20 years she has reported on the local business community for publications such as Inside Business and Cleveland Magazine. She was editor of the Rocky River/Lakewood edition of In the Neighborhood and was a reporter and photographer for the Amherst News-Times. At Fresh Water she enjoys telling the stories of Clevelanders who are shaping and embracing the business and research climate in Cleveland.