SBA 7(a) lenders in Marion, WV
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
23 institutions have SBA 7(a) loans on record in Marion, together $35.9M across 135 loans. The Huntington National Bank is the largest, with 32% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 79 | $11.4M | 31.8% | 0.63% |
| 2 | First Western SBLC, LLC | 3 | $7.1M | 19.9% | 0.00% |
| 3 | GBank | 1 | $4.1M | 11.4% | 0.00% |
| 4 | Citizens Bank | 1 | $3.7M | 10.3% | 0.00% |
| 5 | Enterprise Bank & Trust | 1 | $2.1M | 5.8% | 0.00% |
| 6 | Newtek Small Business Finance, Inc. | 2 | $1.1M | 3.1% | 0.00% |
| 7 | MVB Bank, Inc. | 10 | $864K | 2.4% | 0.00% |
| 8 | Truist Bank | 6 | $713K | 2.0% | 0.00% |
| 9 | Freedom Bank Inc | 5 | $660K | 1.8% | 0.00% |
| 10 | Peoples Bank | 4 | $642K | 1.8% | 0.00% |
| 11 | Firstrust Savings Bank | 1 | $573K | 1.6% | 0.00% |
| 12 | United Midwest Savings Bank National Association | 1 | $495K | 1.4% | 0.00% |
| 13 | Bank of Hope | 1 | $430K | 1.2% | 0.00% |
| 14 | Citizens Bank of West Virginia, Inc | 1 | $408K | 1.1% | 0.00% |
| 15 | Newtek Bank, National Association | 1 | $275K | 0.8% | 0.00% |
| 16 | First-Citizens Bank & Trust Company | 1 | $255K | 0.7% | 0.00% |
| 17 | Clear Mountain Bank, Inc. | 7 | $242K | 0.7% | 14.21% |
| 18 | The Citizens Bank of Weston | 3 | $210K | 0.6% | 0.00% |
| 19 | Readycap Lending, LLC | 1 | $200K | 0.6% | 0.00% |
| 20 | PNC Bank, National Association | 2 | $156K | 0.4% | 0.00% |
| 21 | JPMorgan Chase Bank, National Association | 2 | $127K | 0.4% | 0.00% |
| 22 | Community West Bank | 1 | $126K | 0.3% | 0.00% |
| 23 | VelocitySBA, LLC | 1 | $5K | 0.0% | 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 | Accommodation & food services | 20 | $21.2M | 59.1% |
| 2 | Manufacturing | 5 | $3.8M | 10.6% |
| 3 | Professional & technical services | 13 | $1.9M | 5.3% |
| 4 | Health care & social assistance | 17 | $1.8M | 4.9% |
| 5 | Construction | 26 | $1.6M | 4.5% |
| 6 | Administrative & waste services | 8 | $1.0M | 2.9% |
| 7 | Other services | 9 | $986K | 2.7% |
| 8 | Information | 3 | $801K | 2.2% |
| 9 | Transportation & warehousing | 7 | $530K | 1.5% |
| 10 | Retail trade | 9 | $513K | 1.4% |
| 11 | Wholesale trade | 5 | $412K | 1.1% |
| 12 | Transportation & warehousing | 2 | $354K | 1.0% |
| 13 | Manufacturing | 3 | $320K | 0.9% |
| 14 | Arts, entertainment & recreation | 1 | $250K | 0.7% |
| 15 | Retail trade | 4 | $212K | 0.6% |
| 16 | Finance & insurance | 2 | $135K | 0.4% |
| 17 | Agriculture, forestry & fishing | 1 | $27K | 0.1% |
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.