SBA Loans for Electrical Contractors in West Virginia: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in West Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
13
in West Virginia
Median Loan Size
$100,000
per approval
Recent Activity
0
last 90 days through Mar 2024
NAICS 238 covers electrical contractors businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $100,000.
Key trends & insights
- Electrical Contractors in West Virginia lending is concentrated — THE Huntington National Bank, Manufacturers AND Traders Trust Company, United Midwest Savings Bank, National Association together account for 85% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 8 approvals (62% market share) and a median loan of $125,000.
- Electrical Contractors in West Virginia loans skew smaller than the SBA average at $100,000 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 2024-03-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electrical Contractors in West Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 8 | $125,000 | |
| 2 | 2 | $30,000 | |
| 3 | 1 | $400,000 | |
| 4 | 1 | $66,900 | |
| 5 | 1 | $150,000 |
Recent SBA 7(a) approvals for Electrical Contractors in West Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Northeast Bank | mar*****llc | South Charleston, WV | $350,000 |
| 2025-07 | JPMorgan Chase Bank, National Association | DAN*****LLC | BRIDGEPORT, WV | $150,000 |
| 2025-05 | Manufacturers and Traders Trust Company | Top*****LLC | KEYSER, WV | $50,000 |
| 2024-04 | The Huntington National Bank | EAR*****LLC | BEVERLY, WV | $50,000 |
| 2024-03 | The Huntington National Bank | FRE*****LLC | HURRICANE, WV | $330,000 |
| 2024-03 | The Huntington National Bank | FRE*****LLC | HURRICANE, WV | $20,000 |
| 2024-02 | The Huntington National Bank | Nex*****LLC | BANCROFT, WV | $180,000 |
| 2023-07 | The Huntington National Bank | PRI*****LLC | Shinnston, WV | $80,000 |
| 2023-06 | The Huntington National Bank | Bom*****LLC | Clarksburg, WV | $100,000 |
| 2022-12 | United Midwest Savings Bank National Association | Pax*****LLC | Inwood, WV | $400,000 |
| 2022-04 | The Huntington National Bank | Gon*****LLC | Charleston, WV | $100,000 |
| 2022-04 | Manufacturers and Traders Trust Company | FRE*****LLC | WILEY FORD, WV | $20,000 |
| 2022-04 | Manufacturers and Traders Trust Company | FRE*****LLC | WILEY FORD, WV | $40,000 |
| 2021-12 | Live Oak Banking Company | Bes*****LLC | SCOTT DEPOT, WV | $365,000 |
| 2021-12 | Live Oak Banking Company | Bes*****LLC | SCOTT DEPOT, WV | $185,000 |
| 2021-05 | The Huntington National Bank | Fel*****Inc | Clarksburg, WV | $15,000 |
| 2021-02 | Citizens Bank of West Virginia, Inc | Fla*****LLC | FRANKLIN, WV | $150,000 |
| 2020-06 | Clear Mountain Bank, Inc. | Lou*****nc. | Morgantown, WV | $66,900 |
| 2019-12 | The Huntington National Bank | Ger*****.C. | Morgantown, WV | $832,000 |
| 2019-12 | The Huntington National Bank | Ger*****.C. | Morgantown, WV | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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