New Handel’s store opens in Twinsburg
Handel’s Homemade Ice Cream and Yogurt, with its corporate headquarters on Starr Centre Drive, announced its Twinsburg store at 10735 Ravenna Road will open at 11 a.m. today. The franchise location is owned and operated by AJ and Jenn Mathew and Joe and Gina Jose.
The Twinsburg store is the 39th Handel’s location and follows the recent store opening in the Encinitas/San Diego, Calif., area.
Rate of homes sold up in the state
The rate of homes sold across Ohio reached a record level in September, increasing 3.8 percent from the level recorded in September 2015, according to the Ohio Association of REALTORS.
September’s average home price of $165,748 shows a 5.7 percent increase from the $156,804 mark posted during the month last year.
Inspector general: problems with permit payments
Ohio Inspector General Randall J. Meyer has determined there were problems in the treatment of payments made for permits to drill and extract oil or natural gas.
The inspector general also found a number of issues involving the processing and administration of oil and gas well permits in general.
The investigation was initiated after a complaint was received from the Ohio Office of Budget and Management office of Internal Audit which raised concerns about alterations in the accounting records managed by the Ohio Department of Natural Resources Division of Oil and Gas Resources Management.
While there was not a reasonable cause to believe a wrongful act or omission occurred, the inspector general made a number of recommendations. The report can be found at: watchdog.ohio.gov/Investigations/2016Investigations.aspx.
Huntington Bank 2nd-largest SBA lender in US
Huntington Bank was the nation’s second-largest lender of Small Business Administration 7(a) loans during SBA fiscal year 2016, maintaining its ranking for total 7(a) loans nationwide, and ranking as the top 7(a) lender for total loans and dollars lent within its six-state core footprint.
Huntington has ranked as a top three national SBA 7(a) lender since 2011 and the premier 7(a) lender in its core footprint since 2008.
Over the 2016 fiscal year, Huntington lent $633 million to small businesses via 3,905 7(a) loans. Plans are set to expand SBA lending and deepen relationships with small business owners across all its markets in 2017.
During fiscal year 2016, the bank issued 2,040 loans totaling $332 million to Ohio businesses.
Selected local stocks
Alcoa Inc., .1226.69-0.35
Aqua America, .71 29.610.12Avalon Holdings,2.800.04Community Health Sys. 10.47 -0.02
Cortland Bancorp, .2815.600.00
Farmers Nat., .1610.800.07
First Energy, 1.44 32.85-0.30Fifth/Third, .5221.020.50
FirstMerit Corp.,21.610.37First Niles Financial, .1211.000.00
FNB Corp., .4812.830.45General Motors, 1.5231.75-0.10
General Electric, .9229.070.01
Huntington Bank, .28 10.140.11
JP Morgan Chase, 1.9268.26-0.09
Key Corp, .3413.020.10
Macy’s, 1.51 35.870.28
Parker Hannifin, 2.52 122.80-0.93
Simon Prop. Grp., 6.60197.26-1.20
Stoneridge 18.17-0.09Talmer Bank, 23.34-0.36
United Comm. Fin., .12 7.330.02
Selected prices from Thursday’s 4 p.m. close.