Lenders › WesBanco Bank, Inc.
7(a) lenderWheeling, West VirginiaFDIC-insured bank152nd of 2,184 by approvals
WesBanco 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.
WesBanco Bank, Inc. (Wheeling, West Virginia) is an FDIC-insured bank in the SBA 7(a) program, 152nd of 2,184 by approvals in FY2021 to FY2025: 250 loans worth $148M.
In FY2025, the latest complete fiscal year, it had 48 approvals totalling $30.5M, down 8% on FY2024 (52). FY2026 to 30 Jun 2026 adds 13 more.
The median approval was $278K, against $190K for the 7(a) program as a whole; 32.8% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 11 states and territories and 74 counties, led by Ohio (62.4%), Kentucky (9.2%) and Maryland (7.2%). The largest industry group was construction at 16.0% of approvals, and 9.2% of approvals were to franchise businesses.
Of 262 disbursed loans approved in FY2010 to FY2021, SBA records 12 as charged off (4.6%), 188 as paid in full and 62 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* | 13 | $8.1M | $350K | $622K | 165 |
| FY2025 | 48 | $30.5M | $255K | $636K | 1,039 |
| FY2024 | 52 | $25.7M | $188K | $495K | 824 |
| FY2023 | 47 | $28.5M | $368K | $606K | 860 |
| FY2022 | 47 | $27.0M | $300K | $575K | 463 |
| FY2021 | 56 | $36.3M | $363K | $648K | 867 |
| FY2020 | 33 | $16.7M | $250K | $506K | 317 |
| FY2019 | 10 | $5.1M | $383K | $511K | 68 |
| FY2018 | 19 | $21.0M | $467K | $1.1M | 345 |
| FY2017 | 17 | $5.9M | $97K | $349K | 25 |
| FY2016 | 25 | $16.7M | $263K | $666K | 267 |
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 104 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 | Ohio | 7(a) program |
|---|---|---|---|
| Approvals in these years | 306 | 36,740 | 639,905 |
| Cancelled or never disbursed | 44 | 5,259 | 79,313 |
| Disbursed loans | 262 | 31,481 | 560,592 |
| Paid in full | 188 | 25,599 | 435,813 |
| Charged off | 12 | 1,791 | 36,891 |
| Still outstanding (status exempt from disclosure) | 62 | 4,091 | 87,888 |
| Charged off, share of disbursed loans | 4.6% | 5.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.7% | 2.7% | 2.5% |
| Dollars charged off | $2.7M | $213M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 50 | 20 | 2 | 4.0% | 2.8% |
| FY2020 | 30 | 16 | 0 | 0.0% | 4.0% |
| FY2019 | 8 | 4 | 0 | — | 6.7% |
| FY2018 | 15 | 11 | 0 | — | 7.9% |
| FY2017 | 16 | 13 | 2 | — | 7.7% |
| FY2016 | 20 | 15 | 0 | — | 7.2% |
| FY2015 | 37 | 33 | 0 | 0.0% | 6.9% |
| FY2014 | 21 | 21 | 0 | — | 6.4% |
| FY2013 | 13 | 10 | 2 | — | 6.0% |
| FY2012 | 9 | 8 | 1 | — | 6.3% |
| FY2011 | 19 | 15 | 4 | — | 6.9% |
| FY2010 | 24 | 22 | 1 | — | 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 | $278K | $190K |
| Average approval | $592K | $518K |
| Approvals of $150,000 or less | 32.8% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 54.8% | 34.3% |
| Approvals to franchise businesses | 9.2% | 11.5% |
| Jobs supported per approval, as reported | 16.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 4.6% | 6.6% |
States served
| # | State of the business (11 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Ohio | 156 | $104M | 62.4% | |
| 2 | Kentucky | 23 | $3.7M | 9.2% | |
| 3 | Maryland | 18 | $8.3M | 7.2% | |
| 4 | Indiana | 16 | $7.4M | 6.4% | |
| 5 | Pennsylvania | 16 | $6.0M | 6.4% | |
| 6 | West Virginia | 7 | $5.6M | 2.8% | |
| 7 | Michigan | 6 | $2.0M | 2.4% | |
| 8 | Virginia | 4 | $5.1M | 1.6% | |
| 9 | District of Columbia | 2 | — | 0.8% | |
| 10 | North Carolina | 1 | — | 0.4% | |
| 11 | Florida | 1 | — | 0.4% |
In Ohio the lender accounts for 0.9% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (74 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Cuyahoga County, OH | 23 | $24.2M | 9.2% | |
| 2 | Mahoning County, OH | 19 | $13.9M | 7.6% | |
| 3 | Summit County, OH | 13 | $11.5M | 5.2% | |
| 4 | Allen County, IN | 11 | $2.5M | 4.4% | |
| 5 | Defiance County, OH | 10 | $4.7M | 4.0% | |
| 6 | Lucas County, OH | 10 | $4.1M | 4.0% | |
| 7 | Hancock County, OH | 9 | $4.6M | 3.6% | |
| 8 | Hamilton County, OH | 8 | $6.4M | 3.2% | |
| 9 | Jefferson County, KY | 7 | $1.5M | 2.8% | |
| 10 | Allegheny County, PA | 7 | $1.5M | 2.8% | |
| 11 | Jefferson County, OH | 6 | $3.3M | 2.4% | |
| 12 | Trumbull County, OH | 6 | $1.1M | 2.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 40 | 16.0% | |
| 2 | Manufacturing | 39 | 15.6% | |
| 3 | Accommodation and Food Services | 28 | 11.2% | |
| 4 | Health Care and Social Assistance | 27 | 10.8% | |
| 5 | Other Services (except Public Administration) | 20 | 8.0% | |
| 6 | Professional, Scientific, and Technical Services | 19 | 7.6% | |
| 7 | Transportation and Warehousing | 19 | 7.6% | |
| 8 | Retail Trade | 18 | 7.2% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 22 | 8.8% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 12 | 4.8% | |
| 3 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 11 | 4.4% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 11 | 4.4% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 10 | 4.0% | |
| 6 | General Freight TruckingNAICS 4841 | 8 | 3.2% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 8 | 3.2% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 6 | 2.4% | |
| 9 | Personal Care ServicesNAICS 8121 | 6 | 2.4% | |
| 10 | Architectural, Engineering, and Related ServicesNAICS 5413 | 6 | 2.4% |
Approval sizes
- $50,000 or less16.8%42
- $50,001 to $150,00016.0%40
- $150,001 to $350,00026.0%65
- $350,001 to $1 million25.6%64
- $1 million to $2 million6.0%15
- Over $2 million9.6%24
Loan terms
- 5 years or less5.2%13
- Over 5 to 10 years74.0%185
- Over 10 to 20 years14.0%35
- Over 20 years6.8%17
Age of the businesses
- Existing, more than 2 years old29.6%74
- New business, 2 years or less22.4%56
- Startup, loan funds will open the business32.4%81
- Change of ownership15.6%39
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 129 | 51.6% | |
| 2 | Preferred Lenders Program | 94 | 37.6% | |
| 3 | 7a General | 25 | 10.0% | |
| 4 | 7a with EWCP | 2 | 0.8% |
Franchise share
23 of 250 approvals in FY2021–FY2025 (9.2%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Jersey Mike’s Subs | 2 | 0.8% | |
| 2 | Comfort Keepers | 2 | 0.8% | |
| 3 | Budget Blinds | 2 | 0.8% | |
| 4 | The UPS Store | 2 | 0.8% | |
| 5 | Floor Coverings International | 2 | 0.8% | |
| 6 | The Spectrum Kid's Gyms | 2 | 0.8% | |
| 7 | 1-800 Packouts | 2 | 0.8% | |
| 8 | True North Energy, LLC | 1 | 0.4% |
Questions and answers
How many SBA loans does WesBanco Bank, Inc. make?
SBA approved 48 7(a) loans through WesBanco Bank, Inc. in FY2025, worth $30.5M, and 250 over FY2021 to FY2025. That ranks 152nd of 2,184 active 7(a) lenders by number of approvals.
How large are WesBanco Bank, Inc.'s typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $278K and the average $592K. The program-wide median was $190K.
What is WesBanco Bank, Inc.'s charge-off rate?
Of 262 disbursed loans approved in FY2010 to FY2021, SBA records 12 as charged off (4.6%), 188 as paid in full and 62 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 WesBanco Bank, Inc. lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (22); other amusement and recreation industries (12); foundation, structure, and building exterior contractors (11); offices of other health practitioners (11).
Where does WesBanco Bank, Inc. make SBA loans?
In 11 states and territories. Ohio 156, Kentucky 23, Maryland 18, Indiana 16, Pennsylvania 16. In Ohio it accounts for 0.9% of all 7(a) approvals.
Is WesBanco Bank, Inc.'s SBA lending rising?
Approvals in the three latest complete fiscal years total 147, against 136 in the three before: broadly level (+8%).
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