Bank of Charles Town

WV

SBA-approved lender offering 8 loan programs across 7 industries.

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Key Metrics

Interest Rate

9.31%

2.56% over prime

Average Loan

$521K

Per approval

Total Approvals

19

FY 2025

Loan Programs (8)

Change of Ownership
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Startup
Existing or more than 2 years old
7a General
Fixed Rates

Industries Served (7)

Custom Computer Programming ServicesFitness and Recreational Sports CentersGeneral Automotive RepairMobile Food ServicesOffice Administrative ServicesOffices of All Other Miscellaneous Health PractitionersRetail Bakeries

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.56%
Effective Rate
9.31%
Fiscal Year
2025
States Served
WV

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