SBA lender profile
Freedom Bank Inc
Freedom Bank Inc appears in the public SBA loan data with 7 funded 7(a) loans totaling $1.2M, an average of $170K per loan, and an estimated 27 jobs supported. Its SBA lending concentrates in West Virginia and the Administrative and Support sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
7
Total volume
$1.2M
Average loan size
$170K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
27
Programs
7(a)
Where Freedom Bank Inc lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| West Virginia | 7 | $1.2M |
What Freedom Bank Inc funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Administrative and Support | 2 | $472K |
| Finance and Insurance | 2 | $325K |
| Transportation and Warehousing | 1 | $205K |
| Other Services | 1 | $162K |
| Educational Services | 1 | $25K |
Freedom Bank Inc SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $412K |
| 2021 | 3 | $367K |
| 2022 | 1 | $75K |
| 2023 | 1 | $335K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Freedom Bank Inc's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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