Community banking partnerships can effectively support small businesses in underserved communities through combined financial products and entrepreneurial training, as demonstrated by Huntington Bank's $246 million Lift Local Business Program in partnership with Operation HOPE, which has served 3,186 small businesses and provided $60 million specifically to black-owned businesses.
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$246M For Small Businesses: Huntington Bank & Operation HOPE’s Lift Local Business ProgramAdded:
Steve Steinauer and his group, um, have partnered with Operation Hope uh, on a program that uh, we call Lift Local Business, Huntington's Lift Local Business Program, that's directed $246 million uh, in uh, book loans to uh, folks from underserved communities for small business, 60 million of which that we uh, have tagged, uh, we have identified to black-owned businesses uh, alone.
That's 3,186 uh, small businesses served, 2,420 uh, active Operation Hope business entrepreneurial training courses used.
Uh, so we are active partners with Huntington Bank.
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