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County3rd of 50 in West Virginia by approvalsFIPS 54033
SBA loans in Harrison County, West Virginia
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 67 loans to businesses in Harrison County, West Virginia, in FY2021 to FY2025, worth $20.3M: 67 under 7(a) and 0 under 504.
That is 37.6 approvals per 1,000 business establishments (1,781 establishments in 2023), above the West Virginia figure of 26.7 and close to the national 41.0.
It ranks 3rd of 50 West Virginia counties with approvals. In FY2025 there were 7, down 53% on FY2024.
13 lenders had approvals here; the most active were The Huntington National Bank (49), Clear Mountain Bank, Inc. (3) and First Western SBLC, LLC (2). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Harrison County
By number of approvals to businesses in the county, FY2021–FY2025; 13 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 49 | $6.7M | 73.1% | |
| 2 | Clear Mountain Bank, Inc.Bruceton Mills, WV | 3 | $783K | 4.5% | |
| 3 | First Western SBLC, LLCDallas, TX | 2 | — | 3.0% | |
| 4 | JPMorgan Chase Bank, National AssociationColumbus, OH | 2 | — | 3.0% | |
| 5 | Freedom Bank IncPhilippi, WV | 2 | — | 3.0% | |
| 6 | West Union BankWest Union, WV | 2 | — | 3.0% | |
| 7 | First Bank of the LakeOsage Beach, MO | 1 | — | 1.5% | |
| 8 | GBankLas Vegas, NV | 1 | — | 1.5% | |
| 9 | First Community BankBluefield, VA | 1 | — | 1.5% | |
| 10 | The Harrison County BankLost Creek, WV | 1 | — | 1.5% | |
| 11 | MVB Bank, Inc.Fairmont, WV | 1 | — | 1.5% | |
| 12 | SouthState Bank, National AssociationWinter Haven, FL | 1 | — | 1.5% | |
| 13 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 1.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 9 | 13.4% | |
| 2 | General Freight TruckingNAICS 4841 | 8 | 11.9% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 5 | 7.5% | |
| 4 | Residential Building ConstructionNAICS 2361 | 5 | 7.5% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 4 | 6.0% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 6.0% | |
| 7 | Traveler AccommodationNAICS 7211 | 3 | 4.5% | |
| 8 | Death Care ServicesNAICS 8122 | 2 | 3.0% | |
| 9 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 3.0% | |
| 10 | Bakeries and Tortilla ManufacturingNAICS 3118 | 2 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 15 | 22.4% | |
| 2 | Accommodation and Food Services | 12 | 17.9% | |
| 3 | Transportation and Warehousing | 9 | 13.4% | |
| 4 | Health Care and Social Assistance | 8 | 11.9% | |
| 5 | Other Services (except Public Administration) | 6 | 9.0% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 5 | 7.5% | |
| 7 | Professional, Scientific, and Technical Services | 3 | 4.5% | |
| 8 | Manufacturing | 3 | 4.5% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 5 | $559K | $100K | 0 | — | 5 | 24 |
| FY2025 | 7 | $935K | $50K | 0 | — | 7 | 22 |
| FY2024 | 15 | $2.3M | $50K | 0 | — | 15 | 47 |
| FY2023 | 11 | $2.7M | $199K | 0 | — | 11 | 115 |
| FY2022 | 14 | $2.0M | $50K | 0 | — | 14 | 101 |
| FY2021 | 20 | $12.3M | $132K | 0 | — | 20 | 177 |
| FY2020 | 14 | $2.4M | $164K | 0 | — | 14 | 96 |
| FY2019 | 8 | $1.5M | $138K | 0 | — | 8 | 59 |
| FY2018 | 13 | $2.5M | $51K | 0 | — | 13 | 100 |
| FY2017 | 13 | $4.0M | $93K | 0 | — | 13 | 113 |
| FY2016 | 16 | $2.9M | $68K | 0 | — | 16 | 143 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 64 approvals.
Against West Virginia and the country
| FY2021–FY2025 | Harrison County | West Virginia | United States |
|---|---|---|---|
| Approvals | 67 | 958 | 342,825 |
| Approvals per 1,000 establishments | 37.6 | 26.7 | 41.0 |
| Median 7(a) approval | $80K | $115K | $190K |
| Median 504 approval | — | $438K | $657K |
| Average approval | $302K | $398K | $573K |
| 504 share of approvals | 0.0% | 2.4% | 11.0% |
| Jobs supported per approval, as reported | 6.9 | 9.1 | 10.5 |
| Share of state approvals | 7.0% | 100.0% | — |
Approval sizes
- $50,000 or less46.3%31
- $50,001 to $150,00023.9%16
- $150,001 to $350,00010.4%7
- $350,001 to $1 million13.4%9
- $1 million to $2 million3.0%2
- Over $2 million3.0%2
Age of the businesses
- Existing, more than 2 years old73.1%49
- New business, 2 years or less16.4%11
- Startup, loan funds will open the business4.5%3
- Change of ownership6.0%4
Questions and answers
Which lenders make the most SBA loans in Harrison County?
By approvals in FY2021 to FY2025: The Huntington National Bank (49), Clear Mountain Bank, Inc. (3), First Western SBLC, LLC (2), JPMorgan Chase Bank, National Association (2), Freedom Bank Inc (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Harrison County?
The median 7(a) approval was $80K; the West Virginia 7(a) median was $115K.
Which industries get the most SBA loans in Harrison County?
Restaurants and Other Eating Places (9); General Freight Trucking (8); Offices of Other Health Practitioners (5); Residential Building Construction (5); Services to Buildings and Dwellings (4).
Is SBA lending in Harrison County rising?
Approvals in the three latest complete fiscal years total 33, against 48 in the three before: falling (-31%).
How does Harrison County compare with the rest of West Virginia?
37.6 approvals per 1,000 establishments against 26.7 statewide, and 67 of the state's 958 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error