West Virginia · Professional Services
SBA loans for professional services in West Virginia
204 loans worth $69.5M approved since FY2010 for professional, scientific, and technical services projects located in West Virginia.
Loans
204
Approved
$69.5M
Median loan
$100,000
-33% vs sector nationally
Median rate
6.00%
Jobs supported
1,538
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 professional services in West Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 84 | $17.3M | |
| Live Oak Banking Company | 8 | $8.9M | |
| First Bank of the Lake | 1 | $4.2M | |
| MVB Bank, Inc. | 6 | $4.1M | |
| Clear Mountain Bank, Inc. | 15 | $4.0M | |
| North Valley Bank | 3 | $3.2M | |
| Fifth Third Bank | 3 | $2.7M | |
| Truist Bank | 8 | $2.5M |
Detail
Which industries inside the sector
All SBA lending in West Virginia
2,770 loans across every sector.
Professional Services nationally
101,046 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to professional services businesses in West Virginia?
- 204 SBA loans totalling $69,508,700 have been approved for professional, scientific, and technical services projects in West Virginia since FY2010.
- Which lenders finance professional services in West Virginia?
- The most active by dollars approved are The Huntington National Bank, Live Oak Banking Company, First Bank of the Lake, MVB Bank, Inc.. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for professional services in West Virginia?
- The median approval is $100,000, 33% below the national median for this sector ($150,000).
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