SBA Loans for Electric Power Distribution in West Virginia: Top Lenders
NAICS 221NAICS 221 covers electric power distribution businesses in West Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
1
in West Virginia
Median Loan Size
$25,000
per approval
Recent Activity
0
last 90 days through Feb 2022
NAICS 221 covers electric power distribution businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $25,000.
Key trends & insights
- Electric Power Distribution in West Virginia loans skew smaller than the SBA average at $25,000 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 2022-02-18 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electric Power Distribution in West Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $25,000 |
Recent SBA 7(a) approvals for Electric Power Distribution in West Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-02 | The Huntington National Bank | QUA*****LLC | WESTON, WV | $75,000 |
| 2022-02 | PNC Bank, National Association | NOV*****LLC | SHENANDOAH JUNCTION, WV | $25,000 |
| 2022-01 | The First Bank and Trust Company | Mou*****LLC | BERKELEY SPRINGS, WV | $323,500 |
| 2022-01 | The First Bank and Trust Company | 222*****LLC | BERKELEY SPRINGS, WV | $323,500 |
| 2022-01 | The First Bank and Trust Company | Mou*****LLC | BERKELEY SPRINGS, WV | $500,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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