Huntington Bank Creates New Pandemic Loan Program for Small Businesses
Huntington Bank has announced it has launched a new $25 million lending program. The program will be focused on helping Midwest-based small businesses owned by minorities, women and veterans.
The Huntington Lift Local Business program will be a big part of the lender’s $20 billion Community Plan. The recently announced five-year plan aims to drive economic inclusion through access to capital, affordable housing, and home ownership.
The program, dedicated to bringing relief, recovery and growth to minority, women and veteran-owned small businesses, is welcome news. The National Bureau of Economic Research reported distinct differences between the effects of Covid-19
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