12th consecutive year Huntington has led SBA 7(a) loan originations within its footprint

COLUMBUS, Ohio, Oct. 8, 2020 /PRNewswire/ — Huntington (Nasdaq: HBAN; www.huntington.com) is the nation’s largest originator, by volume, of Small Business Administration (SBA) 7(a) loans for the third consecutive year at the close of SBA fiscal year 2020, further strengthening its position as the leader in supporting small businesses. This also marks the 12th year in a row Huntington has been the largest originator, by volume, of SBA 7(a) loans within its footprint.

This announcement follows Huntington’s recent efforts in supporting its customers by processing more than 38,000 Paycheck Protection Program loans across its footprint in 2020. These loans provided support to businesses during an extremely difficult time and further demonstrated the bank’s commitment to looking out for people.

“We believe small businesses are the lifeblood of our communities,” explained Steve Rhodes, Huntington’s Business Banking Director. “For more than a decade, we’ve been building and deepening our expertise helping small businesses navigate through every stage of owning a business, and this year, our customers depended on us more than ever before. We’re pleased to have earned the top spot again, but more importantly, to have assisted small businesses when they needed it most.”

“The pandemic helped shine a light on the importance of the Small Business Administration, and SBA loans will continue to be a great source of capital for a wide range of businesses going forward,” said Huntington’s SBA Program Director, Maggie Ference. “This is a year many will never forget, and we are so proud to have leveraged our expertise in supporting our small business customers by providing the right solution for customers at every stage.”

Last month, Huntington announced 24-Hour Grace® for Business and a no overdraft fee $50

CoinDesk 20 Bitcoin Price Index

As bitcoin struggles to hold the $10,700 price range Uniswap’s September volume set records but appears to be declining.

  • Bitcoin (BTC) trading around $10,757 as of 20:00 UTC (4 p.m. ET). Slipping 1% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $10,621-$10,924
  • BTC above its 10-day moving average but below the 50-day, a sideways signal for market technicians.

Bitcoin’s price dropped a couple of hundred dollars as a spate of selling took the world’s oldest cryptocurrency to as low as $10,621 on spot exchanges such as Coinbase, recovering to $10,757 as of press time. 

Katie Stockton, analyst for Fairlead Strategies, says cryptocurrencies like bitcoin are affected by traditional markets, particularly equities, which are considered “risk-off” or liquid assets that can easily be sold during a market slide. 

Related: Bitcoin May Return to Center Stage After Ethereum’s White-Hot Summer

“Bitcoin has been attuned to the day-to-day moves in risk assets, but the end result of the intraday volatility is a consolidation phase on the chart,” said Stockton. “Short-term momentum has improved with equities, so I expect the consolidation to give way to a move that leaves support near $10,000 intact.” 

Global equities markets are weak today, either flat or down:

Michael Gord, chief executive officer of crypto trading firm Global Digital Assets, senses a bearish mood for the crypto markets. “Bitcoin might get over $11,000 for a short period this week, but with a big exchange like KuCoin being hacked over the weekend I expect this week to have a more bearish sentiment with retail investors,” said Gord. “Institutional investors, on the other hand, might be taking this buying opportunity to buy cheaper bitcoin.” 

Read More: KuCoin Maintains Wallet Freeze as Hackers Begin Laundering Stolen Crypto

Related: Regulated US Exchange Gemini Now Offers Confidential Zcash Withdrawals

Several stakeholders in the crypto