SBA lending by district
SBA lending in WV-01
SBA 7(a) and 504 financing in West Virginia's 1st district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 1,308
- Total funded
- $391.8M
- Average loan
- $300K
- 7(a) charge-off
- 2.2%
Borrowers in West Virginia's 1st district took 1,308 SBA loans worth $391.8M since FY2010, averaging $300K. Of the 1,282 7(a) loans, 2.2% have charged off. See the rest of West Virginia.
SBA funded volume by fiscal year
Top SBA lenders in WV-01
- 1. The Huntington National Bank $111.8M
- 2. Clear Mountain Bank, Inc. $28.6M
- 3. Regional Development Funding Corporation $24.2M
- 4. Live Oak Banking Company $23.4M
- 5. First Western SBLC, Inc $18.2M
- 6. MVB Bank, Inc. $14.7M
- 7. GBank $12.1M
- 8. Peoples Bank $10.3M
- 9. Citizens Bank $8.7M
- 10. Citizens Bank of West Virginia, Inc $8.0M
Method. SBA 7(a) and 504 loans the SBA recorded in WV-01,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.