THE HUNTINGTON NATIONAL BANK
PPP Lender · 83,184 loans · $11.10B total · 52 states served
THE HUNTINGTON NATIONAL BANK was one of the thousands of SBA-approved lenders that participated in the Paycheck Protection Program. During the program period (April 2020 – May 2021), the lender originated 83,184 PPP loans totaling $11.10B, representing approximately 0.73% of all loans nationwide.
THE HUNTINGTON NATIONAL BANK served borrowers across 52 states. The largest concentration of activity was in Ohio, where the lender originated 32,790 loans totaling $4.30B. Other states with significant activity included Michigan, Illinois, Indiana.
The average loan size for this lender was $133,384. This figure reflects the mix of borrower types — large companies, small businesses, sole proprietors, and non-profits — that applied through this institution. Lenders were responsible for collecting and verifying borrower certifications and submitting loan applications to the SBA's E-Tran system.
Among the largest named borrowers that received loans through THE HUNTINGTON NATIONAL BANK were: SFE HOLDINGS, LLC (AZ) — $10,000,000; AMERICAN ACADEMY OF PEDIATRICS (IL) — $10,000,000; MORLEY COMPANIES, INCORPORATED (MI) — $10,000,000; and EPITEC, INC. (MI) — $10,000,000.
PPP lenders were compensated through processing fees paid by the SBA rather than by borrowers. Fees ranged from 1% to 5% of the loan amount depending on loan size. Lenders were not required to take credit risk — the SBA provided a 100% guaranty on each loan. This structure incentivized broad participation but also contributed to documented cases of lender fraud and over-processing of applications.
Borrower names for loans under $150,000 are withheld under FOIA Exemption 6. As a result, the named recipients shown below represent only a fraction of this lender's total portfolio. The full loan count and amount figures include all loans in the SBA's data regardless of disclosure status.
Activity by State
| State | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Ohio | 32,790 | $4.30B | 96.5% |
| Michigan | 29,750 | $3.97B | 95.9% |
| Illinois | 4,973 | $570.8M | 93.8% |
| Indiana | 3,551 | $469.9M | 95.9% |
| Pennsylvania | 2,938 | $450.2M | 96.3% |
| Minnesota | 2,611 | $174.3M | 94.1% |
| West Virginia | 1,395 | $177.7M | 97.1% |
| Colorado | 1,036 | $41.9M | 90.4% |
| Kentucky | 691 | $149.4M | 97.4% |
| California | 570 | $130.4M | 91.9% |
| Wisconsin | 541 | $69.4M | 94.1% |
| Florida | 521 | $81.8M | 93.1% |
| New York | 217 | $51.2M | 94.5% |
| Arizona | 195 | $56.1M | 93.3% |
| North Carolina | 191 | $54.3M | 93.7% |
| Texas | 168 | $64.9M | 92.3% |
| Georgia | 127 | $16.8M | 89.8% |
| New Jersey | 98 | $34.4M | 98.0% |
| Massachusetts | 74 | $32.2M | 90.5% |
| Maryland | 70 | $18.3M | 98.6% |
| Virginia | 62 | $5.7M | 87.1% |
| South Carolina | 58 | $10.6M | 94.8% |
| Tennessee | 57 | $24.9M | 96.5% |
| Oregon | 44 | $11.7M | 100.0% |
| Washington | 42 | $11.2M | 92.9% |
| Nevada | 36 | $3.5M | 97.2% |
| Alabama | 29 | $10.1M | 93.1% |
| Missouri | 28 | $10.6M | 100.0% |
| Rhode Island | 26 | $15.0M | 96.2% |
| Connecticut | 23 | $7.1M | 95.7% |
| Louisiana | 21 | $2.9M | 95.2% |
| South Dakota | 14 | $1.8M | 85.7% |
| Kansas | 14 | $13.7M | 92.9% |
| Iowa | 13 | $8.5M | 92.3% |
| Delaware | 11 | $751,912 | 81.8% |
| District of Columbia | 10 | $4.1M | 100.0% |
| Oklahoma | 9 | $1.5M | 100.0% |
| Maine | 9 | $10.7M | 100.0% |
| Hawaii | 9 | $1.8M | 100.0% |
| Wyoming | 7 | $11.7M | 100.0% |
| New Mexico | 6 | $636,420 | 100.0% |
| New Hampshire | 6 | $887,111 | 100.0% |
| Mississippi | 6 | $1.1M | 66.7% |
| Alaska | 5 | $357,668 | 80.0% |
| U.S. Virgin Islands | 4 | $383,512 | 100.0% |
| Utah | 4 | $1.4M | 75.0% |
| North Dakota | 4 | $305,939 | 100.0% |
| Vermont | 3 | $36,016 | 100.0% |
| Nebraska | 3 | $72,892 | 66.7% |
| Arkansas | 3 | $3.1M | 100.0% |
| Montana | 2 | $22,552 | 100.0% |
| Idaho | 2 | $133,817 | 100.0% |