MVB Bank, Inc.
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by MVB Bank, Inc.
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 524210 | Insurance Agencies and Brokerages | 208 | $212.3M | $1.0M | 15.7% |
| 621210 | Offices of Dentists | 80 | $71.2M | $890K | 6.0% |
| 621610 | Home Health Care Services | 72 | $74.1M | $1.0M | 5.4% |
| 238990 | All Other Specialty Trade Contractors | 40 | $38.6M | $964K | 3.0% |
| 621310 | Offices of Chiropractors | 40 | $15.3M | $383K | 3.0% |
| 812210 | Funeral Homes and Funeral Services | 40 | $36.0M | $899K | 3.0% |
| 449210 | Other | 32 | $79.2M | $2.5M | 2.4% |
| 561730 | Landscaping Services | 32 | $11.9M | $373K | 2.4% |
| 621391 | Offices of Podiatrists | 24 | $16.1M | $670K | 1.8% |
| 441310 | Automotive Parts and Accessories Stores | 24 | $2.8M | $117K | 1.8% |
Geographic Distribution
SBA lending activity for MVB Bank, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 120 | $182.6M | 9.0% |
| California (CA) | 160 | $162.8M | 12.0% |
| Texas (TX) | 96 | $161.4M | 7.2% |
| Colorado (CO) | 64 | $99.8M | 4.8% |
| Ohio (OH) | 56 | $91.4M | 4.2% |
| Virginia (VA) | 112 | $75.4M | 8.4% |
| New York (NY) | 56 | $72.4M | 4.2% |
| Illinois (IL) | 64 | $65.9M | 4.8% |
| New Jersey (NJ) | 40 | $50.6M | 3.0% |
| Nevada (NV) | 40 | $44.3M | 3.0% |
| North Carolina (NC) | 48 | $41.8M | 3.6% |
| Washington (WA) | 40 | $40.8M | 3.0% |
| South Carolina (SC) | 16 | $40.2M | 1.2% |
| Alaska (AK) | 8 | $40.0M | 0.6% |
| Vermont (VT) | 8 | $37.2M | 0.6% |
| Massachusetts (MA) | 24 | $32.6M | 1.8% |
| Tennessee (TN) | 8 | $30.5M | 0.6% |
| Louisiana (LA) | 16 | $29.2M | 1.2% |
| Indiana (IN) | 32 | $29.0M | 2.4% |
| Georgia (GA) | 16 | $28.9M | 1.2% |
| Kentucky (KY) | 24 | $23.4M | 1.8% |
| Michigan (MI) | 32 | $21.9M | 2.4% |
| Pennsylvania (PA) | 8 | $20.4M | 0.6% |
| Arizona (AZ) | 24 | $20.3M | 1.8% |
| Missouri (MO) | 24 | $19.8M | 1.8% |
| Connecticut (CT) | 8 | $17.3M | 0.6% |
| Iowa (IA) | 8 | $11.8M | 0.6% |
| West Virginia (WV) | 88 | $10.5M | 6.6% |
| Wisconsin (WI) | 16 | $9.5M | 1.2% |
| Oregon (OR) | 8 | $8.2M | 0.6% |
| Kansas (KS) | 8 | $7.5M | 0.6% |
| Oklahoma (OK) | 8 | $5.8M | 0.6% |
| Maryland (MD) | 8 | $5.4M | 0.6% |
| Rhode Island (RI) | 8 | $3.1M | 0.6% |
| Montana (MT) | 8 | $2.9M | 0.6% |
| New Mexico (NM) | 8 | $2.8M | 0.6% |
| Maine (ME) | 8 | $2.6M | 0.6% |
| District of Columbia (DC) | 8 | $960K | 0.6% |
Why Choose MVB Bank, Inc.?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,328 SBA loans approved, totaling $1.55B in financing
- ✓Industry Expertise: Specialized focus on Insurance Agencies and Brokerages, Offices of Dentists, Home Health Care Services
- ✓Competitive Terms: Average interest rate of 6.58% with flexible term lengths averaging 143 months
- ✓Loan Range: Loan sizes from $12K to $5.0M, with an average of $1.2M
- ✓Nationwide Reach: Active lending in 38 states, with strong presence in CA, FL, VA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about MVB Bank, Inc. SBA lending
What types of businesses does MVB Bank, Inc. typically finance?
MVB Bank, Inc. specializes in SBA 7(a) lending to specific industries including insurance agencies and brokerages, offices of dentists, home health care services, all other specialty trade contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are MVB Bank, Inc.'s typical SBA loan terms?
MVB Bank, Inc.'s SBA 7(a) loans typically feature an average interest rate of 6.58% and average term length of 143 months (approximately 12 years). Loan sizes range from $12K to $5.0M, with an average loan size of $1.2M.
Do I need a business valuation for a MVB Bank, Inc. SBA loan?
Yes, MVB Bank, Inc. typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does MVB Bank, Inc. compare to other SBA lenders?
MVB Bank, Inc. has originated 1,328 SBA loans totaling $1.55B since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does MVB Bank, Inc. lend in?
MVB Bank, Inc. provides SBA 7(a) financing with particularly strong presence in CA, FL, VA, TX, WV. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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