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West Virginia · Education
SBA loans for education in West Virginia
21 loans worth $1.3M approved since FY2010 for educational services projects located in West Virginia.
Loans
21
Approved
$1.3M
Median loan
$50,000
-67% vs sector nationally
Median rate
7.35%
Jobs supported
55
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 education in West Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 11 | $797K | |
| United Midwest Savings Bank | 1 | $150K | |
| Truist Bank | 2 | $75K | |
| Manufacturers and Traders Trust Company | 2 | $70K | |
| JPMorgan Chase Bank | 1 | $68K | |
| Woodlands Community Lenders, Inc. | 1 | $50K | |
| Potomac Bank | 1 | $30K | |
| Freedom Bank Inc | 1 | $25K |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for education in West Virginia since FY2010 was $50,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in West Virginia
2,770 loans across every sector.
Education nationally
15,349 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to education businesses in West Virginia?
- 21 SBA loans totalling $1,284,400 have been approved for educational services projects in West Virginia since FY2010.
- Which lenders finance education in West Virginia?
- The most active by dollars approved are The Huntington National Bank, United Midwest Savings Bank, Truist Bank, Manufacturers and Traders Trust Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for education in West Virginia?
- The median approval is $50,000, 67% below the national median for this sector ($150,000).
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