98 SBA loans worth $31.4M went to businesses in Morgantown, WV between October 2021 and June 2026, from 15 lenders. Huntington National Bank made the most, 65 loans. The median loan was $75,000, compared with $120,000 across West Virginia, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 65 | $13.2M | $50,000 | 46% |
| 2 | Clear Mountain Bank Bank · Bruceton Mills, WV | 14 | $3.1M | $75,000 | 50% |
| 3 | Newtek Bank Bank · Miami, FL | 3 | $1.3M | $200,000 | 0% |
| 4 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $700K | $150,000 | 0% |
| 5 | Stearns Bank Bank · St. Cloud, MN | 2 | $2.7M | $1,334,500 | 50% |
| 6 | Live Oak Banking Bank · Wilmington, NC | 2 | $1.8M | $875,000 | 0% |
| 7 | Colony Bank Bank · Fitzgerald, GA | 1 | $4.9M | $4,917,000 | 0% |
| 8 | Peoples Bank Bank · Mendenhall, MS | 1 | $2.2M | $2,250,000 | 0% |
| 9 | Regional Development Funding Certified development company · Pittsburgh, PA | 1 | $438K | $438,000 | 0% |
| 10 | T Bank Bank · Dallas, TX | 1 | $389K | $389,300 | 100% |
| 11 | Business Finance Group Certified development company · Fairfax, VA | 1 | $371K | $371,000 | 0% |
| 12 | Northeast Bank Bank · Portland, ME | 1 | $123K | $123,200 | 100% |
| 13 | Citizens Bank of West Virginia Bank · Elkins, WV | 1 | $63K | $63,000 | 100% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $50K | $50,000 | 0% |
| 15 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 19 | $61,000 | Huntington National Bank | |
| Other services (repair, personal care) | 16 | $70,000 | Huntington National Bank | |
| Health care and social assistance | 15 | $75,600 | Huntington National Bank | |
| Professional and technical services | 10 | $75,000 | Huntington National Bank | |
| Construction | 9 | $150,000 | Huntington National Bank | |
| Retail | 7 | $67,500 | Huntington National Bank | |
| Manufacturing | 5 | $150,000 | Huntington National Bank | |
| Real estate and rental | 4 | $89,000 | Huntington National Bank |