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BUSINESSES UNDER TWO YEARS OLD

SBA lenders that fund brand-new businesses in West Virginia

Over the last five years 336 SBA loans in West Virginia went to businesses under two years old, 35% of every approval in the state (3 points above the national rate). 169 of them were loans that opened the business in the first place.

Loans to new businesses
336
last 5 years
Lenders that said yes
50
active in West Virginia
Median approval
$124K
$40K – $353K typical
Typical term
12 yr
98% were 7(a)

The 15 most active startup lenders in West Virginia

Every lender here has approved loans for businesses under two years old in West Virginia. The percentage is how much of their West Virginia lending went to new businesses, which tells you whether they do it routinely or made an exception.

1
Columbus, OH
New-business loans
124
Share of their WV lending
30%
Typical loan
$216K
Last approval
Mar 2026
2
Bluefield, VA
New-business loans
30
Share of their WV lending
73%
Typical loan
$140K
Last approval
Mar 2026
3
Elkins, WV
New-business loans
22
Share of their WV lending
56%
Typical loan
$223K
Last approval
Sep 2025
4
Bruceton Mills, WV
New-business loans
20
Share of their WV lending
38%
Typical loan
$204K
Last approval
Sep 2025
5
Buffalo, NY
New-business loans
16
Share of their WV lending
50%
Typical loan
$102K
Last approval
Mar 2026
6
Marietta, OH
New-business loans
15
Share of their WV lending
71%
Typical loan
$414K
Last approval
Jan 2026
7
Charles Town, WV
New-business loans
13
Share of their WV lending
68%
Typical loan
$518K
Last approval
Feb 2026
8
Elkins, WV
New-business loans
8
Share of their WV lending
80%
Typical loan
$90K
Last approval
Mar 2026
9
Franklin, WV
New-business loans
7
Share of their WV lending
58%
Typical loan
$510K
Last approval
Jul 2025
10
Lewiston, ME
New-business loans
6
Share of their WV lending
24%
Typical loan
$158K
Last approval
Mar 2026
11
Fairfax, VA
New-business loans
5
Share of their WV lending
45%
Typical loan
$914K
Last approval
Mar 2026
12
Pikeville, KY
New-business loans
5
Share of their WV lending
18%
Typical loan
$345K
Last approval
Feb 2026
13
Wheeling, WV
New-business loans
4
Share of their WV lending
67%
Typical loan
$893K
Last approval
Mar 2026
14
Weston, WV
New-business loans
4
Share of their WV lending
67%
Typical loan
$188K
Last approval
Feb 2026
15
Philippi, WV
New-business loans
3
Share of their WV lending
100%
Typical loan
$205K
Last approval
Jan 2023
Ranked from public SBA approvals, not from lender marketing. Being listed is not an endorsement or a promise of approval, and no lender can pay to appear here.