28 SBA loans worth $8.2M went to businesses in Fairmont, WV between October 2021 and June 2026, from 9 lenders. Huntington National Bank made the most, 19 loans. The median loan was $95,000, compared with $120,000 across West Virginia, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 19 | $2.1M | $58,700 | 21% |
| 2 | Citizens Bank of Weston Bank · Weston, WV | 2 | $170K | $85,000 | 50% |
| 3 | GBank Bank · Las Vegas, NV | 1 | $4.1M | $4,100,000 | 100% |
| 4 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $495K | $495,000 | 0% |
| 5 | Citizens Bank of West Virginia Bank · Elkins, WV | 1 | $408K | $408,000 | 0% |
| 6 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $350K | $350,000 | 0% |
| 7 | Newtek Bank Bank · Miami, FL | 1 | $275K | $275,000 | 0% |
| 8 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $200K | $200,000 | 0% |
| 9 | Freedom Bank Bank · Belington, WV | 1 | $75K | $75,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 7 | $90,000 | Huntington National Bank | |
| Construction | 5 | $58,700 | Huntington National Bank | |
| Professional and technical services | 4 | $150,000 | Huntington National Bank | |
| Wholesale trade | 2 | $185,000 | Citizens Bank of Weston | |
| Administrative and support services | 2 | $163,250 | Huntington National Bank | |
| Other services (repair, personal care) | 2 | $92,500 | Huntington National Bank | |
| Retail | 2 | $28,000 | Huntington National Bank | |
| Finance and insurance | 1 | $75,000 | Freedom Bank |