Best West Virginia SBA Lenders & Rates of 2026

Compare 35 SBA lenders in West Virginia. $58.0M funded across 174 businesses. Average rate 9.57%. Get matched free.

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Best West Virginia SBA Lenders & Rates of 2026

$58.0M
Total Funded

174
Loans Approved

$333K
Avg Loan Size

9.57%
Avg Interest Rate

35
Active Lenders

SBA Loans in West Virginia

West Virginia businesses received $58.0M in SBA 7(a) loan approvals across 174 businesses in 2025. With 35 active SBA lenders competing for business in West Virginia, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in West Virginia is $333K, with rates averaging 9.57%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in West Virginia (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to West Virginia businesses:

RankLenderVolumeLoansAvg Rate
1The Huntington National Bank$13.3M629.38%
2GBank$6.1M28.50%
3Commonwealth Business Bank$5.0M18.50%
4The Bank of Edison$5.0M110.00%
5Live Oak Banking Company$4.3M28.31%
6Newtek Bank, National Association$3.3M810.81%
7Northeast Bank$2.8M1411.50%
8First Community Bank$2.5M187.56%
9Community Trust Bank, Inc.$2.2M88.37%
10Celtic Bank Corporation$1.7M710.18%
11US Metro Bank$1.6M19.00%
12Seacoast National Bank$1.2M18.00%
13Telhio Credit Union Inc$1.1M19.25%
14The Citizens Bank of Weston$980K58.40%
15Readycap Lending, LLC$966K511.65%
16VelocitySBA, LLC$929K110.25%
17Woodlands Community Lenders, Inc.$664K88.03%
18BayFirst National Bank$600K412.25%
19First Savings Bank$506K110.25%
20Peoples Bank$450K29.50%

🤝 How to Get an SBA Loan in West Virginia

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across West Virginia and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with West Virginia SBA Lenders

Ready to apply for an SBA loan in West Virginia? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

Picture of Ishan Jetley

Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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