West Virginia · Construction
SBA loans for construction in West Virginia
328 loans worth $65.9M approved since FY2010 for construction projects located in West Virginia.
Loans
328
Approved
$65.9M
Median loan
$80,000
-20% vs sector nationally
Median rate
6.38%
Jobs supported
2,017
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 construction in West Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 144 | $19.0M | |
| Community Trust Bank, Inc. | 16 | $7.7M | |
| Clear Mountain Bank, Inc. | 27 | $3.5M | |
| First-Citizens Bank & Trust Company | 2 | $3.3M | |
| Fund-Ex Solutions Group, LLC | 1 | $2.9M | |
| Live Oak Banking Company | 4 | $2.9M | |
| MVB Bank, Inc. | 14 | $2.4M | |
| Newtek Small Business Finance, Inc. | 3 | $2.1M |
Detail
Which industries inside the sector
All SBA lending in West Virginia
2,770 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in West Virginia?
- 328 SBA loans totalling $65,872,900 have been approved for construction projects in West Virginia since FY2010.
- Which lenders finance construction in West Virginia?
- The most active by dollars approved are The Huntington National Bank, Community Trust Bank, Inc., Clear Mountain Bank, Inc., First-Citizens Bank & Trust Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in West Virginia?
- The median approval is $80,000, 20% below the national median for this sector ($100,000).
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