West Virginia SBA Loan Data
6,801 loans totaling $1.5B across all SBA programs.
Total Loans
6,801
1992–2025
Total Volume
$1.5B
Gross approval amount
Avg Loan Size
$224K
Median: $81K
Avg Interest Rate
6.82%
Default rate: 15.0%
SBA Lending by County
Click any county to explore its loan data. Showing: Total Volume
Loading county map...
Counties in West Virginia
| Kanawha → | 795 | $180.9M | $228K |
| Cabell → | 584 | $138.9M | $238K |
| Monongalia → | 537 | $132.8M | $247K |
| Wood → | 409 | $101.7M | $249K |
| Harrison → | 478 | $93.0M | $195K |
| Berkeley → | 258 | $84.9M | $329K |
| Ohio → | 329 | $68.4M | $208K |
| Marion → | 285 | $59.4M | $208K |
| Jefferson → | 142 | $53.7M | $378K |
| Raleigh → | 259 | $51.6M | $199K |
| Randolph → | 215 | $41.5M | $193K |
| Hancock → | 161 | $37.3M | $232K |
| Putnam → | 221 | $36.0M | $163K |
| Mercer → | 112 | $33.2M | $297K |
| Marshall → | 90 | $29.6M | $328K |
| Fayette → | 150 | $27.2M | $181K |
| Wayne → | 127 | $25.8M | $203K |
| Upshur → | 116 | $22.1M | $191K |
| Greenbrier → | 111 | $22.0M | $198K |
| Preston → | 109 | $16.5M | $152K |
| Lewis → | 76 | $15.6M | $206K |
| Wetzel → | 81 | $14.9M | $185K |
| Brooke → | 75 | $14.9M | $199K |
| Braxton → | 38 | $13.8M | $363K |
| Barbour → | 62 | $12.7M | $204K |
Showing 1–25 of 56
West Virginia Loan Status
West Virginia Loan Status showing Active: 13.5%, Paid in Full: 59.3%, Charged Off: 12.9%, Cancelled: 13.4%, Committed: 1%
Active13.5%
Paid in Full59.3%
Charged Off12.9%
Cancelled13.4%
Committed1%
Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.
West Virginia Annual Lending Volume
West Virginia Annual Lending Volume from 1992 to 2025
Number of Loans per Year
Number of Loans per Year from 1992 to 2025
Top Industries
Top Industries with 12 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Top Lenders in West Virginia
| The Huntington National Bank | 1,430 | $244.8M | $171K | 7.00% | 7.5% |
| Truist Bank | 734 | $104.4M | $142K | 6.04% | 19.3% |
| JPMorgan Chase Bank, National Association | 519 | $88.0M | $170K | 7.28% | 18.3% |
| MVB Bank, Inc. | 284 | $71.1M | $250K | 5.29% | 4.6% |
| WesBanco Bank, Inc. | 335 | $57.7M | $172K | 5.81% | 16.1% |
| Live Oak Banking Company | 45 | $49.0M | $1.1M | 6.20% | 6.8% |
| United Bank | 257 | $44.0M | $171K | 5.01% | 17.9% |
| GBank | 12 | $37.5M | $3.1M | 7.27% | 0.0% |
| Peoples Bank | 136 | $35.1M | $258K | 6.54% | 11.3% |
| Clear Mountain Bank, Inc. | 171 | $34.7M | $203K | 5.23% | 3.4% |
| City National Bank of West Virginia | 263 | $32.0M | $122K | N/A | 30.5% |
| First Western SBLC, Inc | 13 | $29.9M | $2.3M | 6.70% | 7.7% |
| Community Trust Bank, Inc. | 96 | $28.9M | $302K | 6.28% | 9.2% |
| Citizens Bank of West Virginia, Inc | 92 | $21.1M | $230K | 6.57% | 2.3% |
| Readycap Lending, LLC | 44 | $20.2M | $459K | 12.19% | 20.6% |
| Fifth Third Bank | 41 | $19.5M | $475K | 6.54% | 8.6% |
| One Valley Bank, Inc | 103 | $18.7M | $182K | N/A | 1.1% |
| Freedom Bank Inc | 75 | $15.5M | $206K | 6.05% | 23.2% |
| Potomac Bank | 50 | $15.0M | $301K | 7.71% | 4.8% |
| Pendleton Community Bank Inc | 51 | $14.0M | $275K | 6.80% | 11.1% |
| BankUnited, National Association | 6 | $12.2M | $2.0M | 5.70% | 0.0% |
| Celtic Bank Corporation | 30 | $12.2M | $406K | 8.04% | 11.1% |
| Unified Bank | 90 | $12.1M | $135K | 5.82% | 19.2% |
| First Community Bank | 84 | $12.1M | $144K | 7.94% | 14.5% |
| Citizens Bank | 5 | $11.1M | $2.2M | 6.38% | 25.0% |
Get the Data
Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
Running a business in West Virginia with an SBA loan?
Mazeka Labs helps SBA operators save money, build systems, and connect with peers who understand the journey. Members save an average of $5,000+/year on refinancing alone.
Learn about the community →