SBA Loans for Electrical Contractors in West Virginia: Top Lenders

NAICS 238

NAICS 238 covers site preparation contractors businesses in West Virginia. Based on historical SBA 7(a) lending data.

Total Approvals

13

in West Virginia

Median Loan Size

$100,000

per approval

Recent Activity

0

last 90 days through Mar 2024

NAICS 238 covers site preparation contractors businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $100,000.

Key trends & insights

  • Electrical Contractors in West Virginia lending is concentrated — THE Huntington National Bank, Manufacturers AND Traders Trust Company, United Midwest Savings Bank, National Association together account for 85% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 8 approvals (62% market share) and a median loan of $125,000.
  • Electrical Contractors in West Virginia loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2024-03-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Electrical Contractors in West Virginia

Recent SBA 7(a) approvals for Electrical Contractors in West Virginia

MonthLenderBorrowerAmount
2025-12Stone BankBAI*****LLC$75,000
2025-11Northeast BankEmo*****ion$100,000
2025-09Northeast BankEmo*****ion$100,000
2025-09Community Trust Bank, Inc.Pre*****Inc$50,000
2025-08Northeast Bankmar*****llc$350,000
2025-07JPMorgan Chase Bank, National AssociationDAN*****LLC$150,000
2025-05The Huntington National BankVis*****LLC$50,000
2025-05Manufacturers and Traders Trust CompanyTop*****LLC$50,000
2025-04Northeast BankFor*****LLC$150,000
2025-04Community Trust Bank, Inc.Pre*****Inc$250,000
2025-04First Community BankC J*****LLC$302,400
2025-01The Huntington National BankGer*****.C.$150,000
2024-11The Huntington National BankNex*****LLC$150,000
2024-10Community Trust Bank, Inc.Pre*****Inc$50,000
2024-10The Huntington National BankSTA*****LLC$100,000
2024-08Community Trust Bank, Inc.CLA*****LLC$250,000
2024-07Community Trust Bank, Inc.Ene*****nc.$100,000
2024-07First Community BankC J*****LLC$177,300
2024-04The Huntington National BankEAR*****LLC$50,000
2024-04The Huntington National BankPEO*****LLC$25,000
2024-04United Midwest Savings Bank National AssociationLee*****lle$255,000
2024-03The Huntington National BankFRE*****LLC$20,000
2024-03The Huntington National BankFRE*****LLC$330,000
2024-03HomeTrust BankPax*****LLC$100,000
2024-03Community Trust Bank, Inc.Pre*****Inc$50,000
2024-02The Huntington National BankNex*****LLC$180,000
2024-02The Huntington National BankPOO*****LLC$100,000
2024-02The Huntington National BankPOO*****LLC$20,000
2024-01West Union BankCEC*****LLC$99,800
2024-01The Huntington National BankCHA*****NC.$75,000
2023-10The Huntington National BankD B*****LLC$115,000
2023-07The Huntington National BankPRI*****LLC$80,000
2023-06The Huntington National BankBom*****LLC$100,000
2023-06The Huntington National BankSag*****LLC$40,000
2023-04First Bank of the LakeVAR*****INC$100,000
2023-04First Bank of the LakeVAR*****INC$1,215,000
2023-04Potomac BankDC *****LLC$1,000,000
2023-03The Huntington National BankBri*****lor$9,900
2023-03Clear Mountain Bank, Inc.C-J*****LLC$75,000
2023-02The Huntington National BankDUS*****LLC$100,000
2022-12Live Oak Banking CompanyBes*****LLC$710,000
2022-12United Midwest Savings Bank National AssociationPax*****LLC$400,000
2022-08The Huntington National BankTUR*****LLC$90,000
2022-08The Huntington National BankTUR*****LLC$26,000
2022-08The Huntington National BankTUR*****LLC$24,000
2022-07Craft BankJHS*****LLC$250,000
2022-04The Huntington National BankGon*****LLC$100,000
2022-04Manufacturers and Traders Trust CompanyFRE*****LLC$20,000
2022-04Manufacturers and Traders Trust CompanyFRE*****LLC$40,000
2022-02Citizens Bank of West Virginia, IncWil*****LLC$25,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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