SBA Loans for Homes for the Elderly in West Virginia: Top Lenders
NAICS 623NAICS 623 covers homes for the elderly businesses in West Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
5
in West Virginia
Median Loan Size
$109,800
per approval
Recent Activity
0
last 90 days through May 2025
NAICS 623 covers homes for the elderly businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $109,800.
Key trends & insights
- Homes for the Elderly in West Virginia loans skew smaller than the SBA average at $109,800 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Homes for the Elderly in West Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $287,250 | |
| 2 | 1 | $109,800 |
Recent SBA 7(a) approvals for Homes for the Elderly in West Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-05 | The Huntington National Bank | S&L*****LLC | WEIRTON, WV | $25,000 |
| 2024-10 | The Huntington National Bank | SIL*****LLC | FAIRMONT, WV | $530,000 |
| 2022-08 | The Huntington National Bank | Sis*****LLC | Shinnston, WV | $524,500 |
| 2022-08 | The Huntington National Bank | Sis*****LLC | Shinnston, WV | $50,000 |
| 2021-03 | Clear Mountain Bank, Inc. | Nur*****LLC | MORGANTOWN, WV | $109,800 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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