SBA lender profile
Potomac Bank
Potomac Bank appears in the public SBA loan data with 99 funded 7(a) loans totaling $39.4M, an average of $398K per loan, and an estimated 1,609 jobs supported. Its SBA lending concentrates in Virginia and the Professional and Technical Services sector. Across all of its loans in the data, its charge-off rate is 1.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
99
Total volume
$39.4M
Average loan size
$398K
Charge-off rate
1.0%
Share of funded loans charged off
Jobs supported (reported)
1,609
Programs
7(a)
Bank profile
via FDIC- Total assets
- $975M
- Headquarters
- Charles Town, WV
- FDIC cert
- #9023
- Status
- Active
Where Potomac Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Virginia | 63 | $20.4M |
| West Virginia | 23 | $10.2M |
| Maryland | 8 | $6.9M |
| Pennsylvania | 4 | $1.7M |
| District of Columbia | 1 | $150K |
What Potomac Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Professional and Technical Services | 19 | $10.5M |
| Manufacturing | 13 | $6.6M |
| Health Care and Social Assistance | 11 | $5.8M |
| Administrative and Support | 9 | $3.5M |
| Accommodation and Food Services | 10 | $2.8M |
| Construction | 6 | $2.7M |
Potomac Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 8 | $2.0M |
| 2021 | 12 | $4.4M |
| 2022 | 15 | $4.9M |
| 2023 | 19 | $7.0M |
| 2024 | 15 | $7.8M |
| 2025 | 19 | $9.9M |
| 2026 | 11 | $3.4M |
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 Potomac Bank'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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