States › West Virginia › FY2026
FY2026 to date1 Oct 2025 – 30 Jun 2026
SBA loans in West Virginia, FY2026
That fiscal year's approvals by lender and by county.
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.
So far in FY2026 (1 October 2025 to 30 Jun 2026) SBA approved 110 loans in West Virginia: 105 under 7(a) and 5 under 504, worth $48.7M.
The fiscal year is still open, so these counts will grow with each quarterly release.
West Virginia accounted for 0.2% of the 45,283 approvals nationwide that year. 29 lenders had at least one approval in the state; The Huntington National Bank had the most, 25.
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.
Approvals by lender
The 29 lenders with the most approvals to West Virginia businesses in FY2026, of 29 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 25 | $4.2M | 22.7% | 81 | — |
| 2 | Newtek Bank, National Association | 7(a) | 12 | $3.5M | 10.9% | 9 | — |
| 3 | Manufacturers and Traders Trust Company | 7(a) | 10 | $425K | 9.1% | 5 | — |
| 4 | First Community Bank | 7(a) | 9 | $847K | 8.2% | 19 | — |
| 5 | Community Trust Bank, Inc. | 7(a) | 6 | $7.7M | 5.5% | 9 | — |
| 6 | Northeast Bank | 7(a) | 6 | $871K | 5.5% | 17 | — |
| 7 | Live Oak Banking Company | 7(a) | 5 | $7.1M | 4.5% | 1 | — |
| 8 | Peoples Bank | 7(a) | 5 | $3.2M | 4.5% | 2 | — |
| 9 | Business Finance Group, Inc. | 504 | 4 | $3.6M | 3.6% | 1 | — |
| 10 | Readycap Lending, LLC | 7(a) | 3 | $1.7M | 2.7% | 11 | — |
| 11 | Potomac Bank | 7(a) | 3 | $885K | 2.7% | 4 | — |
| 12 | The Citizens Bank of Weston | 7(a) | 3 | $590K | 2.7% | 5 | — |
| 13 | Telhio Credit Union Inc | 7(a) | 2 | — | 1.8% | 0 | — |
| 14 | Stone Bank | 7(a) | 2 | — | 1.8% | 0 | — |
| 15 | Commonwealth Business Bank | 7(a) | 1 | — | 0.9% | 1 | — |
| 16 | Bank of Hope | 7(a) | 1 | — | 0.9% | 0 | — |
| 17 | Truist Bank | 7(a) | 1 | — | 0.9% | 0 | — |
| 18 | Seacoast National Bank | 7(a) | 1 | — | 0.9% | 0 | — |
| 19 | Open Bank | 7(a) | 1 | — | 0.9% | 0 | — |
| 20 | Rappahannock Economic Development Corporation | 504 | 1 | — | 0.9% | 0 | — |
| 21 | KeyBank National Association | 7(a) | 1 | — | 0.9% | 0 | — |
| 22 | Citizens Bank of West Virginia, Inc | 7(a) | 1 | — | 0.9% | 5 | — |
| 23 | WesBanco Bank, Inc. | 7(a) | 1 | — | 0.9% | 0 | — |
| 24 | United Midwest Savings Bank National Association | 7(a) | 1 | — | 0.9% | 0 | — |
| 25 | Celtic Bank Corporation | 7(a) | 1 | — | 0.9% | 7 | — |
| 26 | CenTrust Bank, A Division of SmartBiz Bank National Association | 7(a) | 1 | — | 0.9% | 0 | — |
| 27 | Woodlands Community Lenders, Inc. | 7(a) | 1 | — | 0.9% | 9 | — |
| 28 | West Union Bank | 7(a) | 1 | — | 0.9% | 0 | — |
| 29 | Lendistry SBLC, LLC | 7(a) | 1 | — | 0.9% | 2 | — |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|
| 1 | Kanawha County | 15 | $8.8M | 13.6% | 24 | — |
| 2 | Berkeley County | 12 | $4.8M | 10.9% | 12 | — |
| 3 | Jefferson County | 10 | $6.4M | 9.1% | 9 | — |
| 4 | Monongalia County | 9 | $976K | 8.2% | 30 | — |
| 5 | Hancock County | 7 | $1.6M | 6.4% | 5 | — |
| 6 | Harrison County | 5 | $559K | 4.5% | 7 | — |
| 7 | Cabell County | 5 | $3.3M | 4.5% | 11 | — |
| 8 | Raleigh County | 5 | $3.3M | 4.5% | 4 | — |
| 9 | Mercer County | 5 | $388K | 4.5% | 9 | — |
| 10 | Putnam County | 3 | $939K | 2.7% | 11 | — |
| 11 | Mineral County | 3 | $225K | 2.7% | 2 | — |
| 12 | Randolph County | 2 | — | 1.8% | 8 | — |
| 13 | Wood County | 2 | — | 1.8% | 7 | — |
| 14 | Lincoln County | 2 | — | 1.8% | 0 | — |
| 15 | Morgan County | 2 | — | 1.8% | 1 | — |
| 16 | Mason County | 2 | — | 1.8% | 1 | — |
| 17 | Lewis County | 2 | — | 1.8% | 3 | — |
| 18 | Clay County | 2 | — | 1.8% | 0 | — |
| 19 | Mingo County | 2 | — | 1.8% | 5 | — |
| 20 | Pocahontas County | 1 | — | 0.9% | 2 | — |
| 21 | Marion County | 1 | — | 0.9% | 11 | — |
| 22 | Ohio County | 1 | — | 0.9% | 4 | — |
| 23 | Ritchie County | 1 | — | 0.9% | 2 | — |
| 24 | Fayette County | 1 | — | 0.9% | 7 | — |
| 25 | Wyoming County | 1 | — | 0.9% | 0 | — |
| 26 | Hampshire County | 1 | — | 0.9% | 1 | — |
| 27 | McDowell County | 1 | — | 0.9% | 0 | — |
| 28 | Logan County | 1 | — | 0.9% | 2 | — |
| 29 | Nicholas County | 1 | — | 0.9% | 3 | — |
| 30 | Preston County | 1 | — | 0.9% | 2 | — |
| 31 | Gilmer County | 1 | — | 0.9% | 0 | — |
| 32 | Webster County | 1 | — | 0.9% | 0 | — |
| 33 | Wetzel County | 1 | — | 0.9% | 1 | — |
| 34 | Summers County | 1 | — | 0.9% | 1 | — |
FY2026 against FY2025
| West Virginia | FY2026 to date | FY2025 |
|---|---|---|
| 7(a) approvals | 105 | 211 |
| 7(a) dollars | $44.7M | $69.7M |
| Median 7(a) approval | $150K | $114K |
| 504 approvals | 5 | 3 |
| 504 dollars | $4.0M | $4.2M |
| Jobs supported, as reported | 1,107 | 2,254 |
Questions and answers
Which lenders made the most SBA loans in West Virginia in FY2026?
The Huntington National Bank (25), Newtek Bank, National Association (12), Manufacturers and Traders Trust Company (10), First Community Bank (9), Community Trust Bank, Inc. (6). 29 lenders had at least one approval.
How many SBA loans were approved in West Virginia in FY2026?
110 to 30 Jun 2026: 105 under 7(a) worth $44.7M and 5 under 504 worth $4.0M.
Which West Virginia counties had the most SBA approvals in FY2026?
Kanawha County (15), Berkeley County (12), Jefferson County (10), Monongalia County (9), Hancock County (7).
When does FY2026 start and end?
The federal fiscal year 2026 runs from 1 October 2025 to 30 September 2026. The files used here stop at 30 Jun 2026.
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