West Virginia · Restaurants & Hotels
SBA loans for restaurants & hotels in West Virginia
398 loans worth $260.4M approved since FY2010 for accommodation and food services projects located in West Virginia.
Loans
398
Approved
$260.4M
Median loan
$173,450
-42% vs sector nationally
Median rate
6.00%
Jobs supported
7,860
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to restaurants & hotels in West Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| GBank | 13 | $39.5M | |
| First Western SBLC, LLC | 11 | $28.9M | |
| The Huntington National Bank | 125 | $23.3M | |
| Regional Development Funding Corporation | 11 | $13.7M | |
| BankUnited | 5 | $10.8M | |
| Citizens Bank | 3 | $9.1M | |
| Community Trust Bank, Inc. | 9 | $7.3M | |
| Business Finance Group, Inc. | 3 | $6.2M |
Detail
Which industries inside the sector
All SBA lending in West Virginia
2,770 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in West Virginia?
- 398 SBA loans totalling $260,358,700 have been approved for accommodation and food services projects in West Virginia since FY2010.
- Which lenders finance restaurants & hotels in West Virginia?
- The most active by dollars approved are GBank, First Western SBLC, LLC, The Huntington National Bank, Regional Development Funding Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in West Virginia?
- The median approval is $173,450, 42% below the national median for this sector ($300,000).
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