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SBA lenders in Martinsburg, WV

SBA 7(a) and 504 loans to businesses in Martinsburg (Berkeley County), October 2021 to June 30, 2026 · Updated October 15, 2026
25
SBA loans approved
$25.4M
Total approved
$456,000
Median loan
15
Lenders active
56%
To startups

25 SBA loans worth $25.4M went to businesses in Martinsburg, WV between October 2021 and June 2026, from 15 lenders. Potomac Bank made the most, 6 loans. The median loan was $456,000, compared with $120,000 across West Virginia, and other services (repair, personal care) was the most financed industry.

Most active SBA lenders in Martinsburg

#LenderLoansApprovedMedian loanTo startups
1Potomac Bank
Bank · Charles Town, WV
6$6.2M$445,00067%
2Manufacturers and Traders Trust
Bank · Buffalo, NY
3$980K$50,000100%
3Business Finance Group
Certified development company · Fairfax, VA
2$2.7M$1,369,50050%
4First Bank and Trust
Bank · Lebanon, VA
2$818K$409,0000%
5Newtek Bank
Bank · Miami, FL
2$298K$149,00050%
6Bank of Edison
Bank · Edison, GA
1$5.0M$5,000,000100%
7FDIC - Community Bank & Trust-West Georgia
Non-bank lender · Lagrange, GA
1$4.8M$4,824,0000%
8PCB Bank
Bank · Los Angeles, CA
1$1.1M$1,125,000100%
9Live Oak Banking
Bank · Wilmington, NC
1$900K$900,0000%
10PNC Bank
Bank · Wilmington, DE
1$841K$841,000100%
11Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$550K$550,0000%
12Rappahannock Economic Development
Certified development company · Fredericksburg, VA
1$456K$456,000100%
13Huntington National Bank
Bank · Columbus, OH
1$350K$350,0000%
14Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
1$326K$326,200100%
15Lendistry SBLC
Non-bank lender · Los Angeles, CA
1$51K$51,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Martinsburg. For 504 loans the lender shown is the certified development company.

What gets financed in Martinsburg

IndustryLoansShareMedian loanMost active lender
Other services (repair, personal care)7
28%
$288,000Manufacturers and Traders Trust
Restaurants and hotels4
16%
$725,600Potomac Bank
Manufacturing3
12%
$500,000First Bank and Trust
Health care and social assistance3
12%
$540,000Potomac Bank
Administrative and support services2
8%
$299,000Newtek Bank
Professional and technical services2
8%
$675,500Lendistry SBLC
Retail2
8%
$545,500Newtek Bank
Real estate and rental1
4%
$350,000Huntington National Bank
Loan size mix
  • Under $150,00016%
  • $150,000 to $500,00036%
  • $500,000 to $2 million32%
  • $2 million and up16%
Compared with West Virginia
Median loan, Martinsburg
$456,000
Median loan, West Virginia
$120,000
Startup share, Martinsburg
56%
Startup share, West Virginia
35%
Share of state's SBA loans
2.9%

SBA loans per fiscal year in Martinsburg

03710FY14: 1 loansFY14FY15: 2 loansFY15FY16: 6 loansFY16FY17: 9 loansFY179FY18: 4 loansFY18FY19: 6 loansFY19FY20: 1 loansFY20FY21: 2 loansFY21FY22: 7 loansFY22FY23: 6 loansFY23FY24: 1 loansFY24FY25: 5 loansFY25FY26 (Oct to Jun): 6 loansFY266
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.