Searching for trusted West Virginia SBA lenders to power your business growth? Our comprehensive directory connects West Virginia entrepreneurs with approved SBA loan providers throughout the Mountain State including Charleston, Huntington, Morgantown, Wheeling and beyond. Whether you’re exploring SBA 7(a) loans, 504 loans, microloans, or disaster assistance, our list features the most active small business lenders with competitive rates and flexible terms for West Virginia businesses. Discover which local banks, credit unions, and financial institutions participate in Small Business Administration lending programs, compare their requirements, and find the ideal financing partner to help your West Virginia small business thrive in the state’s evolving economic landscape.
| Lender | City | Phone |
|---|---|---|
| Community Trust Bank | Alum Creek | (304) 756-3317 |
| BB&T | Athens | (304) 384-9680 |
| First Community Bank, NA | Athens | (304) 384-9020 |
| Fifth Third Bank | Barboursville | (304) 736-5304 |
| First Sentry Bank | Barboursville | (304) 399-4441 |
| First State Bank | Barboursville | (304) 736-5271 |
| First Exchange Bank | Barrackville | (304) 333-2217 |
| Miners & Merchants Bank | Bayard | (304) 693-7675 |
| Bank of Mount Hope | Beckley | (304) 252-2265 |
| BB&T | Beckley | (304) 252-6334 |
| Chase | Beckley | (304) 256-2157 |
| City National Bank | Beckley | (304) 255-7295 |
| First Century Bank, NA | Beckley | (304) 255-4560 |
| First Community Bank, NA | Beckley | (304) 921-2988 |
| MCNB Banks | Beckley | (304) 252-9500 |
| United Bank | Beckley | (304) 256-7309 |
| Woodforest National Bank | Beckley | (304) 250-0181 |
| Freedom Bank | Belington | (304) 823-1531 |
| BB&T | Berkeley Springs | (304) 258-4596 |
| City National Bank | Berkeley Springs | (304) 258-4342 |
| CNB, Inc. | Berkeley Springs | (304) 258-1520 |
| First Century Bank, NA | Bluefield | (304) 324-3237 |
| First Community Bank, NA | Bluefield | (304) 325-7151 |
| MCNB Banks | Bluefield | (304) 325-6500 |
| New Peoples Bank | Bluewell | (304) 589-5500 |
| Premier Bank | Branchland | (304) 824-2611 |
| BB&T | Bridgeport | (304) 842-7315 |
| Chase | Bridgeport | (304) 842-2368 |
| City National Bank | Bridgeport | (304) 842-1962 |
| Fairmont Federal Credit Union | Bridgeport | (304) 363-5320 |
| Freedom Bank | Bridgeport | (304) 842-4424 |
| Harrison County Bank | Bridgeport | (304) 842-0400 |
| Huntington National Bank | Bridgeport | (304) 842-6955 |
| MVB Bank | Bridgeport | (304) 848-5389 |
| Premier Bank | Bridgeport | (304) 842-1887 |
| WesBanco Bank, Inc. | Bridgeport | (304) 842-1100 |
| Clear Mountain Bank | Bruceton Mills | (304) 379-2265 |
| Chase | Buckhannon | (304) 472-8517 |
| First Community Bank, NA | Buckhannon | (304) 472-1112 |
| Premier Bank | Buckhannon | (304) 472-8828 |
| Progressive Bank | Buckhannon | (304) 472-0052 |
| Premier Bank | Burnsville | (304) 853-2711 |
| Union Bank, Inc. | Cairo | (304) 638-3344 |
| BB&T | Cameron | (304) 686-3351 |
| The Bank of Romney | Capon Bridge | (304) 856-3461 |
| FNB Bank, Inc. | Capon Bridge | (304) 856-3426 |
| BB&T | Ceredo | (304) 453-6151 |
| United Bank | Ceredo | (304) 781-2401 |
| Bank of Charles Town | Charles Town | (304) 725-8431 |
| BB&T | Charles Town | (304) 725-0627 |
| City National Bank | Charles Town | (304) 725-9787 |
| Jefferson Security Bank | Charles Town | (304) 724-1122 |
| MVB Bank | Charles Town | (304) 728-9500 |
| United Bank | Charles Town | (304) 724-3934 |
| BB&T | Charleston | (304) 357-5060 |
| Chase | Charleston | (304) 348-5626 |
| City National Bank | Charleston | (304) 926-3323 |
| Fifth Third Bank | Charleston | (304) 353-4100 |
| Huntington National Bank | Charleston | (304) 348-5058 |
| Members Choice Federal Credit Union | Charleston | (304) 346-5242 |
| Star USA Federal Credit Union | Charleston | (304) 357-2319 |
| Summit Community Bank | Charleston | (304) 746-6050 |
| SunTrust Bank | Charleston | (304) 340-4412 |
| United Bank | Charleston | (304) 348-8397 |
| WesBanco Bank, Inc. | Charleston | (304) 347-4013 |
| Hancock County Savings Bank | Chester | (304) 387-1620 |
| Huntington National Bank | Chester | (304) 387-3500 |
| BB&T | Clarksburg | (304) 624-5521 |
| BC Bank | Clarksburg | (304) 326-2265 |
| Chase | Clarksburg | (304) 624-3432 |
| Huntington National Bank | Clarksburg | (304) 623-7221 |
| MVB Bank | Clarksburg | (304) 626-4010 |
| WesBanco Bank, Inc. | Clarksburg | (304) 623-4350 |
| West Union Bank | Clarksburg | (304) 326-3911 |
| Clay County Bank | Clay | (304) 587-4221 |
| Chase | Clendenin | (304) 548-4347 |
| Poca Valley Bank | Clendenin | (304) 548-7389 |
| First Community Bank, NA | Cowen | (304) 226-5924 |
| United Bank | Cowen | (304) 226-5371 |
| Whitesville State Bank | Crab Orchard | (304) 253-8639 |
| City National Bank | Cross Lanes | (304) 769-1351 |
| Fifth Third Bank | Cross Lanes | (304) 776-5303 |
| BB&T | Danville | (304) 369-4236 |
| United Bank | Danville | (304) 369-4900 |
| Grant County Bank | Davis | (304) 259-5201 |
| City National Bank | Dunbar | (304) 768-2067 |
| Kanawha Institute for Social Research & Action, Inc. (KISRA) | Dunbar | (304) 768-8924 |
| SunTrust Bank | Dunbar | (304) 766-1540 |
| United Bank | Dunbar | (304) 768-9761 |
| WesBanco Bank, Inc. | Dunbar | (304) 768-9761 |
| Calhoun County Bank | Elizabeth | (304) 275-0996 |
| WesBanco Bank, Inc. | Elizabeth | (304) 275-4268 |
| Citizens Bank of West Virginia | Elkins | (304) 636-4095 |
| Davis Trust Co. | Elkins | (304) 636-0991 |
| Huntington National Bank | Elkins | (304) 636-3402 |
| Mountain Valley Bank | Elkins | (304) 637-2265 |
| Woodforest National Bank | Elkins | (304) 637-2838 |
| Chase | Elkview | (304) 965-7096 |
| Poca Valley Bank | Elkview | (304) 965-7730 |
| BB&T | Fairmont | (304) 368-3207 |
| BC Bank | Fairmont | (304) 368-2378 |
| Fairmont Federal Credit Union | Fairmont | (304) 363-5320 |
| First Exchange Bank | Fairmont | (304) 367-1700 |
| Huntington National Bank | Fairmont | (304) 367-2347 |
| MVB Bank | Fairmont | (304) 367-8687 |
| WesBanco Bank, Inc. | Fairmont | (304) 368-5081 |
| Woodforest National Bank | Fairmont | (304) 363-1525 |
| First Exchange Bank | Fairview | (304) 449-1700 |
| CNB, Inc. | Falling Waters | (304) 274-3475 |
| First United Bank & Trust | Falling Waters | (304) 274-3707 |
| Fayette County National Bank | Fayetteville | (304) 574-1212 |
| United Bank | Fayetteville | (304) 574-0021 |
| Woodforest National Bank | Fayetteville | (304) 574-0651 |
| First National Bank of PA | Follansbee | (304) 527-1770 |
| WesBanco Bank, Inc. | Follansbee | (304) 527-1200 |
| BB&T | Fort Ashby | (304) 298-3667 |
| FNB Bank, Inc. | Fort Ashby | (304) 298-3496 |
| Manufacturers & Traders Bank | Fort Ashby | (304) 298-3092 |
| Pendleton Community Bank | Franklin | (304) 358-2311 |
| Premier Bank | Gassaway | (304) 364-5138 |
| United Bank | Glenville | (304) 462-5001 |
| BB&T | Grafton | (304) 265-3400 |
| First Community Bank, NA | Grafton | (304) 265-1111 |
| Calhoun County Bank | Grantsville | (304) 354-6116 |
| Community Trust Bank | Hamlin | (304) 824-7223 |
| First Sentry Bank | Hamlin | (304) 824-7223 |
| Bank of Charles Town | Harpers Ferry | (304) 535-6336 |
| Huntington National Bank | Harrisville | (304) 643-2901 |
| Union Bank | Harrisville | (304) 643-2974 |
| West Union Bank | Harrisville | (304) 643-2265 |
| Bank of Charles Town | Hedgesville | (304) 745-0000 |
| BB&T | Hedgesville | (304) 754-7945 |
| Business Finance Group – CDC | Hedgesville | (800) 434-9427 |
| CNB, Inc. | Hedgesville | (304) 754-5860 |
| First Century Bank, NA | Hinton | (304) 466-2311 |
| First Community Bank, NA | Hinton | (304) 466-5502 |
| BB&T | Huntington | (304) 528-6104 |
| Chase | Huntington | (304) 526-4210 |
| City National Bank | Huntington | (304) 526-6294 |
| Community Trust Bank | Huntington | (304) 697-0272 |
| Fifth Third Bank | Huntington | (304) 696-5353 |
| First Sentry Bank | Huntington | (304) 522-6400 |
| First State Bank | Huntington | (304) 525-4300 |
| Huntington National Bank | Huntington | (304) 526-4687 |
| The Ohio Valley Bank Company | Huntington | (304) 521-0400 |
| Peoples Bank | Huntington | (800) 522-3310 |
| Premier Bank | Huntington | (304) 525-1600 |
| BB&T | Hurricane | (304) 757-6882 |
| City National Bank | Hurricane | (304) 562-0311 |
| Fifth Third Bank | Hurricane | (304) 760-0233 |
| First State Bank | Hurricane | (304) 757-2250 |
| Huntington National Bank | Hurricane | (304) 757-0824 |
| Putnam County Bank | Hurricane | (304) 562-9931 |
| Woodforest National Bank | Hurricane | (304) 562-3018 |
| Pioneer Community Bank | Iaeger | (304) 938-5322 |
| BB&T | Inwood | (304) 229-2992 |
| First United Bank & Trust | Inwood | (304) 229-5821 |
| Jefferson Security Bank | Inwood | (304) 229-6000 |
| MVB Bank | Inwood | (304) 229-5824 |
| United Bank | Inwood | (304) 229-4500 |
| Bank of Charles Town | Kearneysville | (304) 876-2563 |
| BB&T | Keyser | (304) 788-7620 |
| First United Bank & Trust | Keyser | (304) 788-2552 |
| Grant County Bank | Keyser | (304) 788-8040 |
| Manufacturers & Traders Bank | Keyser | (304) 788-6782 |
| BB&T | Kingwood | (304) 329-2001 |
| Clear Mountain Bank | Kingwood | (304) 329-2265 |
| WesBanco Bank, Inc. | Kingwood | (304) 329-1210 |
| Huntington National Bank | Lavalette | (304) 529-6699 |
| BB&T | Lewisburg | (304) 647-5187 |
| City National Bank | Lewisburg | (304) 645-2500 |
| First-Citizens Bank & Trust Co. | Lewisburg | (304) 647-3285 |
| First National Bank | Lewisburg | (304) 647-4232 |
| BB&T | Logan | (304) 752-5750 |
| Chase | Logan | (304) 752-5750 |
| Logan Bank & Trust | Logan | (304) 752-1192 |
| Premier Bank | Logan | (304) 752-9627 |
| United Bank | Logan | (304) 752-6570 |
| Woodforest National Bank | Logan | (304) 752-8403 |
| Harrison County Bank | Lost Creek | (304) 745-3342 |
| Premier Bank | Madison | (304) 369-2407 |
| First Community Bank, NA | Man | (304) 583-6525 |
| Logan Bank & Trust | Man | (304) 583-8880 |
| United Bank | Man | (304) 583-2200 |
| First Exchange Bank | Mannington | (304) 986-1700 |
| City National Bank | Marlinton | (304) 799-4640 |
| First-Citizens Bank & Trust Co. | Marlinton | (304) 799-4306 |
| Pendleton Community Bank | Marlinton | (304) 799-6310 |
| Bank of Charles Town | Martinsburg | (304) 262-0089 |
| BB&T | Martinsburg | (304) 263-8841 |
| BB&T | Martinsburg | (304) 264-8027 |
| BB&T | Martinsburg | (304) 264-5016 |
| City National Bank | Martinsburg | (304) 264-4500 |
| CNB Bank, Inc. | Martinsburg | (304) 260-4333 |
| First United Bank & Trust | Martinsburg | (304) 264-9356 |
| Jefferson Security Bank | Martinsburg | (304) 262-3145 |
| MVB Bank | Martinsburg | (304) 264-4403 |
| United Bank | Martinsburg | (304) 262-6500 |
| Farmers Bank & Savings Company | Mason | (304) 773-6400 |
| Union Bank | Middlebourne | (304) 758-2191 |
| Chase | Milton | (304) 743-3723 |
| The Ohio Valley Bank Company | Milton | (304) 743-8074 |
| Premier Bank | Mineral Wells | (304) 489-3390 |
| United Bank | Montgomery | (304) 442-2492 |
| Capon Valley Bank | Moorefield | (304) 530-7714 |
| Grant County Bank | Moorefield | (304) 538-6566 |
| Pendleton Community Bank | Moorefield | (304) 538-3622 |
| Summit Community Bank | Moorefield | (304) 530-0539 |
| BB&T | Morgantown | (304) 285-2307 |
| Citizens Bank of Morgantown | Morgantown | (304) 292-8411 |
| Clear Mountain Bank | Morgantown | (304) 413-0713 |
| First Exchange Bank | Morgantown | (304) 225-2600 |
| First United Bank & Trust | Morgantown | (304) 598-2515 |
| Huntington National Bank | Morgantown | (304) 284-7830 |
| MVB Bank | Morgantown | (304) 594-3513 |
| PNC Bank | Morgantown | (304) 285-5484 |
| Regional Development Funding Corp. – CDC | Morgantown | (877) 832-6504 |
| The United Federal Credit Union | Morgantown | (304) 598-5017 |
| United Bank | Morgantown | (304) 581-6127 |
| WesBanco Bank, Inc. | Morgantown | (304) 284-1641 |
| BB&T | Moundsville | (304) 845-3047 |
| Progressive Bank | Moundsville | (304) 845-0922 |
| United Bank | Moundsville | (304) 845-3367 |
| Bank of Mount Hope | Mount Hope | (304) 877-5551 |
| United Bank | Mount Hope | (304) 256-7280 |
| First Community Bank, NA | Mullens | (304) 256-7280 |
| First Peoples Bank | Mullens | (304) 294-7115 |
| Peoples Bank | New Martinsville | (304) 455-4500 |
| Progressive Bank | New Martinsville | (304) 455-5400 |
| WesBanco Bank, Inc. | New Martinsville | (304) 455-1300 |
| Huntington National Bank | Nitro | (304) 755-6015 |
| Peoples Federal Credit Union | Nitro | (304) 722-2274 |
| Rock Branch Community Bank | Nitro | (304) 755-4700 |
| Woodforest National Bank | Nitro | (304) 769-0102 |
| Bank of Mount Hope | Oak Hill | (304) 469-8046 |
| BB&T | Oak Hill | (304) 469-2961 |
| Chase | Oak Hill | (304) 465-1146 |
| Fayette County National Bank | Oak Hill | (304) 469-2555 |
| First Century Bank, NA | Oceana | (304) 682-6221 |
| First Community Bank, NA | Oceana | (304) 682-8244 |
| BB&T | Parkersburg | (304) 485-4180 |
| Community Bank of Parkersburg | Parkersburg | (304) 420-5546 |
| First Neighborhood Bank | Parkersburg | (304) 485-7641 |
| Huntington National Bank | Parkersburg | (304) 424-7502 |
| Peoples Bank | Parkersburg | (304) 428-1500 |
| United Bank | Parkersburg | (304) 424-3046 |
| WesBanco Bank, Inc. | Parkersburg | (304) 480-2628 |
| West Virginia Central Credit Union | Parkersburg | (304) 210-6004 |
| Williamstown Bank | Parkersburg | (304) 485-1717 |
| Citizens Bank of West Virginia | Parsons | (304) 478-2551 |
| Mountain Valley Bank | Parsons | (304) 478-2461 |
| Grant County Bank | Petersburg | (304) 257-4111 |
| Pendleton Community Bank | Petersburg | (304) 358-3622 |
| Summit Community Bank | Petersburg | (304) 257-1244 |
| BC Bank | Philippi | (304) 457-0110 |
| Freedom Bank | Philippi | (304) 457-3000 |
| Premier Bank | Philippi | (304) 457-3737 |
| First United Bank & Trust | Piedmont | (304) 355-2313 |
| First Century Bank, NA | Pineville | (304) 732-8850 |
| First Community Bank, NA | Pineville | (304) 732-7011 |
| Poca Valley Bank | Poca | (304) 759-1010 |
| BB&T | Point Pleasant | (304) 675-7953 |
| City National Bank | Point Pleasant | (304) 674-1014 |
| Farmers Bank & Savings Company | Point Pleasant | (304) 674-8200 |
| The Ohio Valley Bank Company | Point Pleasant | (304) 675-8660 |
| Peoples Bank | Point Pleasant | (304) 675-4480 |
| BB&T | Princeton | (304) 487-5900 |
| First Century Bank, NA | Princeton | (304) 431-7615 |
| First Community Bank, NA | Princeton | (304) 431-2203 |
| MCNB Bank and Trust Company | Princeton | (304) 425-3300 |
| New Peoples Bank | Princeton | (304) 487-9800 |
| Bayer Heritage Federal Credit Union | Proctor | (304) 455-4029 |
| BB&T | Ranson | (304) 728-4200 |
| City National Bank | Ranson | (304) 724-9177 |
| BB&T | Ravenswood | (304) 273-5062 |
| Premier Bank | Ravenswood | (304) 273-1100 |
| WesBanco Bank, Inc. | Ravenswood | (304) 273-9351 |
| First Community Bank, NA | Richwood | (304) 846-2654 |
| BB&T | Ripley | (304) 372-8561 |
| City National Bank | Ripley | (304) 372-1768 |
| Premier Bank | Ripley | (304) 372-4634 |
| United Bank | Ripley | (304) 372-2121 |
| Bank of Romney | Romney | (304) 822-3541 |
| FNB Bank, Inc. | Romney | (304) 822-8700 |
| BB&T | Ronceverte | (304) 647-5700 |
| First National Bank | Ronceverte | (304) 647-4212 |
| City National Bank | Scott Depot | (304) 757-4916 |
| Chase | Scott Depot | (304) 760-1101 |
| SunTrust Bank | Scott Depot | (304) 760-1081 |
| United Bank | Scott Depot | (304) 757-7575 |
| BB&T | Shepherdstown | (304) 876-3601 |
| Jefferson Security Bank | Shepherdstown | (304) 876-9042 |
| Natural Capital Investment Fund | Shepherdstown | (304) 876-2815 |
| United Bank | Shepherdstown | (304) 876-6002 |
| Huntington National Bank | Shinnston | (3045) 922-4700 |
| Poca Valley Bank | Sissonville | (304) 984-3277 |
| Peoples Bank | Sistersville | (304) 652-3671 |
| Union Bank | Sistersville | (304) 652-3511 |
| Citizens Bank of West Virginia | Slaty Fork | (304) 572-4095 |
| Pioneer Community Bank | Sophia | (304) 683-9538 |
| United Bank | Sophia | (304) 683-3233 |
| BB&T | South Charleston | (304) 722-0350 |
| Chase | South Charleston | (304) 744-1835 |
| Huntington National Bank | South Charleston | (304) 744-5585 |
| SunTrust Bank | South Charleston | (304) 746-4761 |
| WesBanco Bank, Inc. | South Charleston | (304) 744-1307 |
| West Virginia Federal Credit Union | South Charleston | (304) 414-3532 |
| First Neighborhood Bank | Spencer | (304) 927-1756 |
| Poca Valley Bank | Spencer | (304) 927-1492 |
| Premier Bank | Spencer | (304) 927-3340 |
| BB&T | St. Albans | (304) 722-0350 |
| Chase | St. Albans | (304) 722-0865 |
| City National Bank | St. Albans | (304) 722-7565 |
| SunTrust Bank | St. Albans | (304) 727-2102 |
| BB&T | Summersville | (304) 872-3131 |
| Community Trust Bank | Summersville | (304) 872-2711 |
| United Bank | Summersville | (304) 872-5434 |
| Premier Bank | Sutton | (304) 765-2866 |
| BB&T | Terra Alta | (304) 789-2452 |
| Clear Mountain Bank | Terra Alta | (304) 789-2436 |
| Miners & Merchants Bank | Thomas | (304) 463-4155 |
| Huntington National Bank | Vienna | (304) 295-6500 |
| Community Bank of Parkersburg | Vienna | (304) 295-4566 |
| BB&T | Vienna | (304) 295-5400 |
| Peoples Bank | Vienna | (304) 485-1400 |
| United Bank | Vienna | (304) 295-3434 |
| WesBanco Bank, Inc. | Vienna | (304) 422-8501 |
| Poca Valley Bank | Walton | (304) 577-6699 |
| Capon Valley Bank | Wardensville | (304) 874-3531 |
| Chase | Wayne | (304) 272-3121 |
| City National Bank | Wayne | (304) 272-9955 |
| United Bank | Webster Springs | (304) 847-5112 |
| Huntington National Bank | Weirton | (304) 723-3099 |
| United Bank | Weirton | (304) 723-2000 |
| WesBanco Bank, Inc. | Weirton | (304) 797-8000 |
| MCNB Bank and Trust Company | Welch | (304) 436-4112 |
| First National Bank of PA | Wellsburg | (304) 737-3531 |
| Main Street Bank | Wellsburg | (304) 737-2345 |
| Progressive Bank | Wellsburg | (304) 737-0821 |
| City National Bank | West Hamlin | (304) 824-7225 |
| Harrison County Bank | West Milford | (304) 745-3332 |
| Cornerstone Bank | West Union | (304) 873-2401 |
| West Union Bank | West Union | (304) 326–3911 |
| Citizens Bank of Weston | Weston | (304) 269-2862 |
| Huntington National Bank | Weston | (304) 269-1161 |
| Progressive Bank | Weston | (304) 269-0300 |
| United Bank | Weston | (304) 269-7600 |
| BB&T | Wheeling | (304) 232-1234 |
| Chase | Wheeling | (304) 234-4105 |
| First Microloan of West Virginia | Wheeling | (304) 604-3560 |
| Huntington National Bank | Wheeling | (304) 233-9691 |
| Main Street Bank | Wheeling | (304) 232-2001 |
| Regional Economic Dev. Partnership – CDC | Wheeling | (304) 232-7722 |
| Progressive Bank | Wheeling | (304) 218-2465 |
| United Bank | Wheeling | (304) 234-1182 |
| WesBanco Bank, Inc. | Wheeling | (304) 234-9452 |
| First-Citizens Bank & Trust Co. | White Sulphur Springs | (304) 536-1400 |
| First National Bank | White Sulphur Springs | (304) 536-2224 |
| Whitesville State Bank | Whitesville | (304) 854-1271 |
| Bank of Mingo | Williamson | (304) 475-1900 |
| BB&T | Williamson | (304) 236-4051 |
| Community Trust Bank | Williamson | (304) 235-5454 |
| First National Bank of Williamson | Williamson | (304) 235-5300 |
| Williamstown Bank | Williamstown | (304) 375-6262 |
| City National Bank | Winfield | (304) 586-2302 |
| Poca Valley Bank | Winfield | (304) 586-2300 |
| Out of State Lenders | ||
| Strategies for Small Business | Danville, CA | (925) 899-8449 |
| BBCN Bank | Los Angeles, CA | (213) 639-1700 |
| Superior Financial Group | Walnut Creek, CA | (925) 296-0500 |
| Business Lenders, LLC | Hartford, CT | (860) 244-9202 |
| UPS Capital Business Credit | Windsor, CT | (860) 687-2600 |
| The Bancorp Bank | Wilmington, DE | (302) 385-5000 |
| PNC Bank | Wilmington, DE | (412) 762-2021 |
| Sovereign Bank | Wilmington, DE | (302) 654-5182 |
| TD Bank | Wilmington, DE | (302) 351-4560 |
| SunTrust Bank | Atlanta, GA | (800) 786-8787 |
| Community Trust Bank | Pikeville, KY | (606) 437-3216 |
| First United Bank & Trust | Oakland, MD | (301) 533-1668 |
| Wells Fargo Bank, NA | Minneapolis, MN | (612) 667-2753 |
| Sterns Bank NA | Saint Cloud, MN | (320) 253-6607 |
| Square 1 Bank | Durham, NC | (866) 355-0468 |
| Macon Bank, Inc | Frankllin, NC | (828) 524-7000 |
| Live Oak Banking Company | Wilmington, NC | (910) 790-5867 |
| BB&T | Winston Salem, NC | (336) 733-2500 |
| CIT Small Business Lending Corporation | Livingston, NJ | (973) 740-5718 |
| Newtek Small Business Finance, Inc. | New York, NY | (212) 356-9500 |
| Shinhan Bank America | New York, NY | (646) 843-7337 |
| Fifth Third Bank | Cincinnati, OH | (513) 534-8188 |
| U.S. Bank N.A. | Cincinnati, OH | (612) 492-8321 |
| Chase | Columbus, OH | (614) 248-7163 |
| Huntington National Bank | Columbus, OH | (614)480-1941 |
| United Midwest Savings Bank | De Graff, OH | (937) 585-5861 |
| 1st National Community Bank | East Liverpool, OH | (330) 382-7007 |
| Ohio Valley Bank | Gallipolis, OH | (740) 446-2631 |
| Peoples Bank | Marietta, OH | (740) 374-6125 |
| The Citizens Savings Bank | St. Clairsville, OH | (740) 695-9910 |
| Park View Federal Savings Bank | Solon, OH | (440) 248-7171 |
| The Progress Fund | Greensburg, PA | (724) 216-9160 |
| First National Bank of Pennsylvania | Pittsburgh, PA | (412) 320-2124 |
| Noah Bank | Elkins Park, PA | (215) 424-5100 |
| Washington County Council on ED | Washington, PA | (724) 225-8223 |
| Citizens Bank | Elizabethton, TN | (423) 543-2265 |
| First Freedom Bank | Lebanon, TN | (615) 444-1280 |
| Spirit of Texas Bank | College Station , TX | (979) 846-8000 |
| United Central Bank | Garland, TX | (800) 585-3040 |
| Comerica Bank | Houston, TX | (800) 829-9214 |
| First Community Bank, NA | Bluefield , VA | (304) 323-6300 |
| Business Finance Group – CDC | Fairfax, VA | (703) 352-0504 |
| Sonabank | McLean, VA | (703) 893-7400 |
Frequently Asked Questions
Q: What are SBA loans and how do they work in West Virginia?
A: SBA loans are government-backed loans provided through approved lenders in West Virginia. The Small Business Administration guarantees a portion of the loan, reducing risk for lenders and allowing them to offer more favorable terms to West Virginia small businesses. The lender provides the funds while the SBA guarantees repayment up to a certain percentage, typically 75-85% depending on the program. This structure enables West Virginia entrepreneurs to access capital with lower down payments, longer repayment terms, and competitive interest rates compared to conventional business loans.
Q: What types of SBA loans are available to West Virginia businesses?
A: West Virginia businesses can access various SBA loan programs including:
- SBA 7(a) loans: The most common program for general business purposes with loans up to $5 million
- SBA 504 loans: For major fixed asset purchases like real estate or equipment
- SBA Microloans: Smaller loans up to $50,000 for startups and smaller businesses
- SBA Express loans: Faster approval process with loans up to $500,000
- SBA Disaster loans: Special assistance for businesses affected by declared disasters
Q: What are the minimum requirements to qualify for an SBA loan in West Virginia?
A: To qualify for an SBA loan in West Virginia, businesses typically need:
- For-profit operation based in West Virginia
- Owner-occupied (not primarily for investment)
- Good personal credit (typically 650+ FICO score)
- Sufficient cash flow to support loan payments
- No recent bankruptcies, foreclosures, or defaults on government loans
- Reasonable owner equity investment (typically 10-30% depending on the program)
- Operating history of at least 2 years (though some lenders work with startups)
Q: How do West Virginia SBA lenders support businesses in the energy and natural resources sectors?
A: West Virginia’s rich natural resources have created specialized SBA lending expertise in these sectors. Several West Virginia lenders have developed industry-specific loan packages designed for energy service providers, mining support companies, timber operations, and businesses involved in the state’s evolving energy landscape. These lenders understand the unique operational considerations, equipment needs, and market dynamics of resource-based businesses and can structure loans accordingly. Some West Virginia SBA lenders coordinate with organizations like the West Virginia Energy Users Group, the West Virginia Coal Association, the West Virginia Forestry Association, and the West Virginia Oil and Natural Gas Association to provide comprehensive support. These specialized lending programs have helped strengthen West Virginia’s traditional resource industries while supporting their evolution toward more sustainable and diversified operations. From energy service companies in the Marcellus and Utica shale regions to timber processing operations in the state’s forested areas to businesses developing more efficient extraction technologies, these lenders provide crucial capital that helps resource-based entrepreneurs navigate industry transitions while creating resilient business models. As West Virginia continues balancing its traditional resource strengths with emerging opportunities in renewable energy, advanced manufacturing, and environmental remediation, these lenders have developed sophisticated understanding of how to evaluate resource-related business models, assess their growth potential, and structure financing that accommodates the distinctive operational patterns and capital needs of these vital sectors in the state’s economy.
Q: Are there special SBA loan programs for West Virginia’s manufacturing and industrial businesses?
A: Yes, West Virginia’s manufacturing heritage has influenced local SBA lending practices. Several West Virginia lenders offer tailored loan packages for manufacturers, fabricators, industrial service providers, and specialized production facilities throughout the state. These lenders understand the unique equipment needs, facility requirements, and operational considerations of manufacturing businesses and can structure loans accordingly. Some West Virginia SBA lenders coordinate with organizations like the West Virginia Manufacturers Association, the Robert C. Byrd Institute for Advanced Flexible Manufacturing, and regional economic development authorities to help businesses access both financing and technical support. These specialized lending programs have helped strengthen West Virginia’s manufacturing economy by financing businesses that represent both traditional and emerging production sectors. From chemical manufacturers in the Kanawha Valley to aerospace suppliers in North Central West Virginia to automotive components producers in the Ohio Valley, these lenders have developed expertise in helping manufacturing entrepreneurs navigate the challenges of modernizing operations while creating sustainable business models that generate quality employment opportunities. As West Virginia continues diversifying its manufacturing base beyond traditional heavy industry to include advanced materials, aerospace components, automotive parts, and medical devices, these lenders provide crucial capital that helps manufacturers invest in equipment, facilities, and workforce development while creating competitive advantages in increasingly global markets.
Q: How do West Virginia SBA lenders help businesses in the tourism and outdoor recreation sectors?
A: West Virginia’s natural beauty has created specialized lending expertise for tourism businesses. Several West Virginia SBA lenders offer industry-specific loan packages designed for outdoor recreation providers, hospitality businesses, adventure tourism operators, and service companies supporting the state’s growing tourism industry. These lenders understand the seasonal nature of tourism in many parts of West Virginia and can structure loans with flexible payment schedules aligned with visitor patterns. Some West Virginia lenders coordinate with organizations like the West Virginia Tourism Office, the West Virginia Hospitality & Travel Association, and regional convention and visitors bureaus to provide comprehensive support. These specialized lending programs have helped strengthen West Virginia’s position as “Almost Heaven” by financing businesses that showcase the state’s exceptional outdoor recreation assets – from whitewater rafting on the New and Gauley Rivers to skiing in Canaan Valley to hiking in the Monongahela National Forest. From distinctive lodging properties in scenic locations to adventure outfitters in recreation hotspots to culinary tourism businesses highlighting Appalachian cuisine, these lenders have developed expertise in helping tourism entrepreneurs balance seasonal cash flow considerations while creating compelling experiences that attract visitors year-round. As West Virginia continues developing its tourism identity beyond traditional outdoor activities to include cultural heritage, culinary experiences, and wellness travel, these lenders provide crucial capital that helps entrepreneurs create distinctive hospitality concepts that showcase West Virginia’s unique character while generating substantial economic impact in communities throughout the state.
Q: Can healthcare and medical service businesses in West Virginia access specialized SBA financing?
A: Yes, West Virginia’s evolving healthcare needs have led to specialized SBA lending expertise for medical businesses. Several West Virginia lenders offer tailored loan packages for medical practices, rural health providers, healthcare technology developers, and specialized service companies supporting the state’s healthcare ecosystem. These lenders understand the unique regulatory considerations, reimbursement patterns, and operational challenges of healthcare businesses in both urban and rural settings. Some West Virginia SBA lenders coordinate with organizations like the West Virginia Hospital Association, the West Virginia Primary Care Association, and healthcare programs at state universities to provide comprehensive support. These specialized lending programs have helped strengthen West Virginia’s healthcare infrastructure by financing businesses that address the state’s distinctive health challenges and rural access issues. From primary care practices in underserved communities to specialized clinics addressing the state’s chronic disease burden to telehealth providers extending care to remote areas, these lenders help finance healthcare ventures that improve access while creating sustainable business models. As West Virginia continues addressing its significant health challenges – including some of the nation’s highest rates of chronic conditions like diabetes, heart disease, and respiratory illnesses – these lenders provide crucial capital that helps healthcare entrepreneurs establish and grow practices and services that improve health outcomes while creating professional employment opportunities throughout the state. The distinctive challenges of providing healthcare in West Virginia’s mountainous geography and rural communities have created a lending ecosystem that understands the unique capital needs of medical businesses serving these areas.
Q: How do West Virginia SBA lenders support businesses in small towns and rural communities?
A: West Virginia’s predominantly rural character has led to specialized lending approaches for businesses outside major population centers. Several West Virginia SBA lenders have developed programs specifically focused on expanding capital access for rural entrepreneurs throughout the state’s 55 counties. These lenders often coordinate with organizations like the West Virginia Community Development Hub, the West Virginia Small Business Development Center’s rural outreach programs, and local economic development authorities to provide comprehensive support. Some West Virginia lenders participate in USDA Rural Development programs alongside SBA programs to provide enhanced options for rural businesses. These specialized lending programs align with West Virginia’s community development priorities by providing tailored assistance that helps rural entrepreneurs overcome geographic challenges, access markets, and leverage local assets to create sustainable businesses. From main street retail operations that serve as community anchors to manufacturing businesses that provide crucial employment to agricultural enterprises that create value-added opportunities, these lenders help finance diverse ventures that strengthen West Virginia’s small towns and rural landscapes. As the state continues implementing strategies to revitalize communities affected by economic transitions, these lenders provide crucial capital that helps entrepreneurs in rural areas create businesses that respond to local needs while connecting with broader markets through e-commerce, tourism, and regional distribution networks. The state’s mountainous geography and dispersed population patterns have created a lending ecosystem particularly attuned to the distinctive challenges and opportunities of rural entrepreneurship.
Q: Are there specialized SBA loan programs for West Virginia’s technology and innovation businesses?
A: Yes, West Virginia’s growing innovation economy has influenced local SBA lending practices. Several West Virginia SBA lenders have developed expertise in financing software developers, cybersecurity firms, biotechnology companies, and other technology-focused businesses from Morgantown’s innovation ecosystem to Charleston’s tech corridor to emerging clusters throughout the state. These lenders understand the unique capital needs, talent requirements, and growth trajectories of technology companies and can structure loans accordingly. Some West Virginia lenders coordinate with organizations like TechConnect West Virginia, the West Virginia High Technology Foundation, university research offices, and innovation hubs like the Vantage Ventures program to provide comprehensive support. While early-stage startups typically rely on equity financing, SBA loans become viable options as technology companies reach revenue generation and scaling phases. These specialized lending programs have helped strengthen West Virginia’s position as an emerging technology hub by financing businesses that leverage the state’s technical talent, research institutions, and quality of life advantages. From software companies serving government and enterprise clients to biotechnology firms commercializing university research to technology service providers supporting West Virginia’s traditional industries, these lenders help finance technology ventures that are creating high-skill employment opportunities while diversifying West Virginia’s economy. As the state continues building its innovation infrastructure – with particular strengths in areas like biometrics, cybersecurity, energy technology, and health informatics – these lenders provide crucial capital that helps tech entrepreneurs scale their businesses while maintaining roots in West Virginia.
Q: How do West Virginia SBA lenders support businesses owned by women and veterans?
A: West Virginia’s entrepreneurial diversity has influenced local SBA lending practices. Several West Virginia SBA lenders have developed specialized programs focused on expanding capital access for women business owners and veteran entrepreneurs throughout the state. These lenders often coordinate with organizations like the West Virginia Women’s Business Center, the West Virginia Women’s Commission, the West Virginia Department of Veterans Assistance, and veteran business networks to provide targeted support. Some West Virginia lenders offer mentoring connections, specialized workshops, and networking opportunities alongside their financing options. These specialized lending programs align with West Virginia’s strong military traditions and growing female entrepreneurship by providing outreach and financing structures that address the specific challenges these entrepreneurs may face. From professional service firms to retail operations to manufacturing ventures, these lenders help finance diverse business ventures led by women and veterans who contribute significantly to West Virginia’s economic vitality. As these demographic groups continue increasing their entrepreneurial participation, these lenders have developed expertise in helping them overcome traditional barriers to capital access while building sustainable businesses that create economic opportunities throughout West Virginia’s diverse communities. The state’s substantial veteran population and the growing recognition of women’s entrepreneurial potential have created a supportive ecosystem for these business owners when paired with appropriate capital access.
Q: How do West Virginia SBA lenders support businesses in the agricultural and food production sectors?
A: West Virginia’s agricultural heritage has led to specialized lending approaches for food-related businesses. Several West Virginia SBA lenders have developed programs specifically focused on financing specialty crop producers, value-added food manufacturers, farm-to-table operations, and agritourism ventures throughout the state. These lenders understand the seasonal nature of agriculture in West Virginia and can structure loans with flexible payment schedules aligned with production cycles. Some West Virginia lenders coordinate with organizations like the West Virginia Department of Agriculture, WVU Extension Service, and industry associations representing specific agricultural sectors to provide comprehensive support. These specialized lending programs align with West Virginia’s agricultural development strategy by providing capital solutions that help producers develop distinctive products and experiences that leverage the state’s agricultural assets. From specialty food manufacturers creating Appalachian-inspired products to livestock operations implementing sustainable practices to agritourism destinations showcasing West Virginia’s farming heritage, these lenders help finance diverse agricultural ventures that create economic opportunities while preserving the state’s rural character. As consumer interest in local, sustainable, and artisanal food products continues growing, these lenders provide crucial capital that helps West Virginia’s agricultural entrepreneurs develop distinctive products and experiences that showcase the state’s food traditions while creating viable business models in a challenging topography not always conducive to conventional agriculture. The state’s distinctive agricultural patterns – characterized by smaller-scale, diversified operations rather than commodity production – have created a lending ecosystem particularly attuned to the needs of specialty and value-added agricultural businesses.
Q: How do West Virginia SBA lenders support businesses in the construction and trades sectors?
A: West Virginia’s infrastructure needs have created specialized lending expertise for construction businesses. Several West Virginia lenders offer industry-specific loan packages designed for general contractors, specialty trade companies, equipment providers, and construction service firms throughout the state. These lenders understand the project-based nature of construction work and can structure loans that accommodate the industry’s distinctive cash flow patterns and bonding requirements. Some West Virginia SBA lenders coordinate with organizations like the Contractors Association of West Virginia, the West Virginia Construction and Design Exposition, and trade unions to provide comprehensive support. These specialized lending programs have helped strengthen West Virginia’s construction economy by financing businesses that build and maintain the state’s infrastructure, commercial facilities, and residential properties. From highway contractors working on the state’s challenging mountain roads to restoration specialists preserving historic structures to residential builders creating housing in growing communities, these lenders help finance construction ventures that literally build West Virginia’s future. As the state continues addressing its significant infrastructure needs – from broadband expansion to water system upgrades to transportation improvements – these lenders provide crucial capital that helps construction entrepreneurs secure the equipment, materials, and working capital needed to participate in these essential projects while creating significant employment opportunities in a sector that has traditionally provided solid middle-class jobs for West Virginians. The state’s distinctive construction challenges – from steep terrain to flood mitigation to historic preservation – have created a lending ecosystem particularly attuned to the needs of builders working in these specialized environments.
Q: How do West Virginia SBA lenders support businesses involved in downtown revitalization and community development?
A: West Virginia’s community renewal efforts have led to specialized lending approaches for place-based businesses. Several West Virginia SBA lenders have developed programs specifically focused on financing retail operations, service providers, and experience-based businesses that anchor downtown districts and main streets throughout the state. These lenders understand the unique challenges and opportunities of operating in historic commercial districts and can structure loans that support both business success and community revitalization. Some West Virginia lenders coordinate with organizations like Main Street West Virginia, the West Virginia Brownfields Assistance Centers, the West Virginia Community Development Hub, and local redevelopment authorities to provide comprehensive support. These specialized lending programs align with West Virginia’s emphasis on community renewal by providing capital solutions that help entrepreneurs establish businesses that serve as catalysts for broader revitalization. From distinctive retail operations in historic buildings to restaurants showcasing local cuisine to service businesses meeting community needs, these lenders help finance ventures that strengthen West Virginia’s traditional town centers while creating vibrant places that attract both residents and visitors. As communities throughout the state implement strategies to reinvent themselves after economic transitions, these lenders provide crucial capital that helps entrepreneurs establish businesses that not only succeed financially but also contribute to place-making and community identity. The state’s rich architectural heritage and strong sense of place have created a lending ecosystem particularly attuned to the distinctive opportunities and challenges of businesses that simultaneously pursue commercial success and community impact through their location and operations in West Virginia’s historic downtowns and main streets.
Q: What other resources are available for SBA loans?
A: Other resources provided by Bigger Bottom Line include:
Q: How do I get assistance in getting an SBA or other business loan?
A: Contact the experts! We can assist from advising which lenders to submit to all the way through to developing & submitting a complete business loan package and anything in between. Contact us now for a free evaluation.