SBA Loans for Boat Dealers in West Virginia: Top Lenders
NAICS 441NAICS 441 covers boat dealers businesses in West Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
4
in West Virginia
Median Loan Size
$24,500
per approval
Recent Activity
0
last 90 days through Nov 2024
NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $24,500.
Key trends & insights
- Boat Dealers in West Virginia lending is concentrated — THE Huntington National Bank, MVB Bank, INC., Northeast Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 2 approvals (50% market share) and a median loan of $207,500.
- Boat Dealers in West Virginia loans skew smaller than the SBA average at $24,500 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 2024-11-05 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Boat Dealers in West Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $207,500 | |
| 2 | 1 | $19,400 | |
| 3 | 1 | $24,000 |
Recent SBA 7(a) approvals for Boat Dealers in West Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Northeast Bank | Mur*****ies | Nitro, WV | $150,000 |
| 2024-11 | Northeast Bank | XPR*****LLC | Bunker Hill, WV | $24,000 |
| 2022-05 | The Huntington National Bank | Dri*****Inc | Tridelphia, WV | $390,000 |
| 2022-05 | The Huntington National Bank | Dri*****Inc | Tridelphia, WV | $25,000 |
| 2021-02 | The Huntington National Bank | SR *****LLC | Worthington, WV | $33,700 |
| 2021-02 | The Huntington National Bank | SR *****LLC | Worthington, WV | $20,000 |
| 2019-12 | MVB Bank, Inc. | Mou*****ons | CHARLESTON, WV | $19,400 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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