Lenders › MVB Bank, Inc.
7(a) lenderFairmont, West VirginiaFDIC-insured bank239th of 2,184 by approvals
MVB Bank, Inc.
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 150 7(a) loans, worth $192M, through MVB Bank, Inc. of Fairmont, West Virginia, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 239th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 0 approvals totalling —.
The median approval was $909K, against $190K for the 7(a) program as a whole; 1.3% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 37 states and territories and 114 counties, led by California (13.3%), Florida (10.0%) and Texas (8.0%). The largest industry group was health care and social assistance at 23.3% of approvals, and 7.3% of approvals were to franchise businesses.
Of 190 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (1.1%), 156 as paid in full and 32 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 0 | — | — | — | 0 |
| FY2025 | 0 | — | — | — | 0 |
| FY2024 | 1 | — | — | — | 87 |
| FY2023 | 24 | $35.5M | $1.1M | $1.5M | 429 |
| FY2022 | 76 | $116M | $1.0M | $1.5M | 1,228 |
| FY2021 | 49 | $35.7M | $510K | $729K | 701 |
| FY2020 | 16 | $2.0M | $87K | $128K | 182 |
| FY2019 | 20 | $2.5M | $75K | $126K | 203 |
| FY2018 | 19 | $2.6M | $64K | $134K | 201 |
| FY2017 | 13 | $1.4M | $93K | $105K | 127 |
| FY2016 | 21 | $3.3M | $103K | $156K | 325 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 89 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | California | 7(a) program |
|---|---|---|---|
| Approvals in these years | 240 | 79,249 | 639,905 |
| Cancelled or never disbursed | 50 | 10,102 | 79,313 |
| Disbursed loans | 190 | 69,147 | 560,592 |
| Paid in full | 156 | 52,688 | 435,813 |
| Charged off | 2 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 32 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 1.1% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.5% | 1.5% | 2.5% |
| Dollars charged off | $1.1M | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 46 | 26 | 1 | 2.2% | 2.8% |
| FY2020 | 14 | 11 | 0 | — | 4.0% |
| FY2019 | 14 | 10 | 0 | — | 6.7% |
| FY2018 | 13 | 10 | 0 | — | 7.9% |
| FY2017 | 11 | 11 | 0 | — | 7.7% |
| FY2016 | 14 | 14 | 0 | — | 7.2% |
| FY2015 | 9 | 9 | 0 | — | 6.9% |
| FY2014 | 8 | 7 | 0 | — | 6.4% |
| FY2013 | 5 | 5 | 0 | — | 6.0% |
| FY2012 | 31 | 28 | 1 | 3.2% | 6.3% |
| FY2011 | 6 | 6 | 0 | — | 6.9% |
| FY2010 | 19 | 19 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $909K | $190K |
| Average approval | $1.3M | $518K |
| Approvals of $150,000 or less | 1.3% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 26.7% | 34.3% |
| Approvals to franchise businesses | 7.3% | 11.5% |
| Jobs supported per approval, as reported | 16.3 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.1% | 6.6% |
States served
| # | State of the business (37 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 20 | $20.4M | 13.3% | |
| 2 | Florida | 15 | $22.8M | 10.0% | |
| 3 | Texas | 12 | $20.2M | 8.0% | |
| 4 | Colorado | 8 | $12.5M | 5.3% | |
| 5 | Virginia | 8 | $8.5M | 5.3% | |
| 6 | Illinois | 8 | $8.2M | 5.3% | |
| 7 | Ohio | 7 | $11.4M | 4.7% | |
| 8 | New York | 7 | $9.0M | 4.7% | |
| 9 | North Carolina | 6 | $5.2M | 4.0% | |
| 10 | New Jersey | 5 | $6.3M | 3.3% | |
| 11 | Nevada | 5 | $5.5M | 3.3% | |
| 12 | Washington | 5 | $5.1M | 3.3% |
In California the lender accounts for 0.1% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (114 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 5 | $7.9M | 3.3% | |
| 2 | Cook County, IL | 5 | $2.6M | 3.3% | |
| 3 | Clark County, NV | 4 | $5.1M | 2.7% | |
| 4 | Harris County, TX | 3 | $5.6M | 2.0% | |
| 5 | Fairfax County, VA | 3 | $5.3M | 2.0% | |
| 6 | Travis County, TX | 3 | $3.2M | 2.0% | |
| 7 | Oldham County, KY | 3 | $2.9M | 2.0% | |
| 8 | Denver County, CO | 3 | $2.7M | 2.0% | |
| 9 | Maricopa County, AZ | 3 | $2.5M | 2.0% | |
| 10 | Oakland County, MI | 3 | $2.3M | 2.0% | |
| 11 | Riverside County, CA | 2 | — | 1.3% | |
| 12 | Duval County, FL | 2 | — | 1.3% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 35 | 23.3% | |
| 2 | Finance and Insurance | 27 | 18.0% | |
| 3 | Other Services (except Public Administration) | 16 | 10.7% | |
| 4 | Retail Trade | 15 | 10.0% | |
| 5 | Construction | 13 | 8.7% | |
| 6 | Professional, Scientific, and Technical Services | 11 | 7.3% | |
| 7 | Wholesale Trade | 8 | 5.3% | |
| 8 | Transportation and Warehousing | 4 | 2.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 26 | 17.3% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 11 | 7.3% | |
| 3 | Offices of DentistsNAICS 6212 | 10 | 6.7% | |
| 4 | Home Health Care ServicesNAICS 6216 | 9 | 6.0% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 3.3% | |
| 6 | Death Care ServicesNAICS 8122 | 5 | 3.3% | |
| 7 | Electronics and Appliance RetailersNAICS 4492 | 4 | 2.7% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 4 | 2.7% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 3 | 2.0% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 2.0% |
Approval sizes
- $50,001 to $150,0001.3%2
- $150,001 to $350,00016.0%24
- $350,001 to $1 million38.7%58
- $1 million to $2 million26.0%39
- Over $2 million18.0%27
Loan terms
- Over 5 to 10 years80.7%121
- Over 10 to 20 years1.3%2
- Over 20 years18.0%27
Age of the businesses
- Existing, more than 2 years old36.0%54
- New business, 2 years or less20.0%30
- Startup, loan funds will open the business6.7%10
- Change of ownership37.3%56
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 82 | 54.7% | |
| 2 | 7a General | 59 | 39.3% | |
| 3 | SBA Express Program | 7 | 4.7% | |
| 4 | International Trade Loans | 2 | 1.3% |
Franchise share
11 of 150 approvals in FY2021–FY2025 (7.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Right at Home | 3 | 2.0% | |
| 2 | Urban Air Adventure Park | 1 | 0.7% | |
| 3 | Sylvan Learning Centers | 1 | 0.7% | |
| 4 | Farmers Insurance Agent Appointment Agreement | 1 | 0.7% | |
| 5 | Estrella Insurance | 1 | 0.7% | |
| 6 | Always Best Care Services | 1 | 0.7% | |
| 7 | The Little Gym | 1 | 0.7% | |
| 8 | Amazing Lash Studio | 1 | 0.7% |
Questions and answers
How many SBA loans does MVB Bank, Inc. make?
SBA approved 0 7(a) loans through MVB Bank, Inc. in FY2025, worth —, and 150 over FY2021 to FY2025. That ranks 239th of 2,184 active 7(a) lenders by number of approvals.
How large are MVB Bank, Inc.'s typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $909K and the average $1.3M. The program-wide median was $190K.
What is MVB Bank, Inc.'s charge-off rate?
Of 190 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (1.1%), 156 as paid in full and 32 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does MVB Bank, Inc. lend to most?
By number of approvals in FY2021 to FY2025: agencies, brokerages, and other insurance related activities (26); offices of other health practitioners (11); offices of dentists (10); home health care services (9).
Where does MVB Bank, Inc. make SBA loans?
In 37 states and territories. California 20, Florida 15, Texas 12, Colorado 8, Virginia 8. In California it accounts for 0.1% of all 7(a) approvals.
Is MVB Bank, Inc.'s SBA lending rising?
Approvals in the three latest complete fiscal years total 25, against 141 in the three before: falling (-82%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error