SBA 7(a) lenders in Logan, WV
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
11 institutions have SBA 7(a) loans on record in Logan, together $3.7M across 22 loans. The Huntington National Bank is the largest, with 27% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 5 | $993K | 27.1% | 34.87% |
| 2 | Community Trust Bank, Inc. | 4 | $598K | 16.3% | 0.00% |
| 3 | Hanmi Bank | 1 | $550K | 15.0% | 74.98% |
| 4 | First Freedom Bank | 1 | $425K | 11.6% | 0.00% |
| 5 | Banc of California | 1 | $278K | 7.6% | 0.00% |
| 6 | Newtek Bank, National Association | 1 | $250K | 6.8% | 0.00% |
| 7 | Truist Bank | 3 | $210K | 5.7% | 0.00% |
| 8 | JPMorgan Chase Bank, National Association | 3 | $173K | 4.7% | 25.54% |
| 9 | United Bank | 1 | $100K | 2.7% | 0.00% |
| 10 | Newtek Small Business Finance, Inc. | 1 | $63K | 1.7% | 0.00% |
| 11 | Northeast Bank | 1 | $31K | 0.8% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Health care & social assistance | 6 | $775K | 21.1% |
| 2 | Accommodation & food services | 1 | $550K | 15.0% |
| 3 | Professional & technical services | 2 | $443K | 12.1% |
| 4 | Administrative & waste services | 2 | $355K | 9.7% |
| 5 | Wholesale trade | 1 | $350K | 9.5% |
| 6 | Other services | 2 | $341K | 9.3% |
| 7 | Arts, entertainment & recreation | 2 | $288K | 7.8% |
| 8 | Manufacturing | 1 | $250K | 6.8% |
| 9 | Construction | 2 | $156K | 4.3% |
| 10 | Retail trade | 1 | $100K | 2.7% |
| 11 | Retail trade | 1 | $35K | 1.0% |
| 12 | Transportation & warehousing | 1 | $28K | 0.7% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.