At a glance
From its website, read 2 Nov 2026Woodlands Community Lenders is a loan fund based in Elkins, West Virginia. Its website describes commercial real estate loans, affordable housing development loans and small-business loans. Stated loan amounts run from $2,500 to $250,000. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Apply online | Page with the application link |
|---|---|
| Website | www.woodlandswv.org |
| Office (official list) | 316 Railroad Avenue Suite 310, Elkins, WV 26241 |
What their website says about applying
complete the pre-application form below and we will contact you for further information
sourceTo get started today, fill out our contact form. Tell us a little about your project and an appropriate person will get in touch with you shortly.
sourceIf you are considering applying for a loan or any programs through Woodlands please fill out this simple intake form so that the appropriate person can follow up with you for more information.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Who qualifies, in their words
- Business plan required
business plan and projected cash flow
source - Collateral required
personal guarantee and UCC-1 lien on all business assets required
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 25 Mar 2014 |
| RSSD ID | — (none listed) |
| Address | 316 Railroad Avenue Suite 310, Elkins, WV 26241 Directions (Google Maps) |
| Website | www.woodlandswv.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. The artist loan page has no description of terms or eligibility, so it was left out. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Commercial real estate loans | — | Our commercial real estate loans are available to individuals and businesses located in West Virginia. | source |
| Affordable housing development loans | — | Lenders is often able to provide flexible gap financing to allow housing development of all sorts to proceed. | source |
| Small-business loans | $2,500 – $250,000 | loans available from $2,500 – $250,000 | source |
Loan sizes
loans available from $2,500 – $250,000
sourceYou may be able to borrow up to $250,000 to invest in working capital, equipment, inventory, vehicles, and more.
source
Range used for the size filter: $2,500 to $250,000
Service area
Not stated on the pages we read.
Borrower focus
- Nonprofits
loans available for: new and existing businesses and non-profit organizations
source
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. APPLY FOR A LOAN
source
Pages read (7)
- https://woodlandswv.org/
- https://woodlandswv.org/small-business-loans/
- https://woodlandswv.org/commercial-real-estate-loans/
- https://woodlandswv.org/2022/03/24/commercial-real-estate-loans/
- https://woodlandswv.org/apply-loan/
- https://woodlandswv.org/2023/11/02/lendingforhousing/
- https://woodlandswv.org/2026/07/16/small-artist-loans/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What interest rate and fees should I expect on your commercial real estate loans and affordable housing development loans?
Their website does not state a rate for this. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$1.8 million in 7 awards from the U.S. Treasury's CDFI Fund, 2013–2024 (CDFI Program, Financial Assistance; CDFI Program, Technical Assistance; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $450,000 |
| 2022 | CDFI Program, Technical Assistance | $125,000 |
| 2021 | CDFI Rapid Response Program | $497,000 |
| 2019 | CDFI Program, Financial Assistance | $275,000 |
| 2017 | CDFI Program, Financial Assistance | $250,000 |
| 2014 | CDFI Program, Financial Assistance | $100,000 |
| 2013 | CDFI Program, Technical Assistance | $100,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $5.4M |
|---|---|
| Total liabilities | $2.7M |
| Net assets | $2.6M |
| Total revenue | $1.2M |
| Notes and loans receivable, net (Part X line 7) | $3.1M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 45-3779342, filed as “WOODLANDS COMMUNITY LENDERS”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2021 (990) | $3.9M | $2.1M | $1.4M | $1.4M |
| Dec 2022 (990) | $4.8M | $2.2M | $664,782 | $2.2M |
| Dec 2023 (990) | $5.4M | $2.6M | $1.2M | $3.1M |
Total assets grew 38% from Dec 2021 to Dec 2023; notes and loans receivable rose 113%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $85,000 (10 loans) | All 7(a) lenders in West Virginia: $120,000. Larger than the median loan of 12% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 0 → 10 | Rank among the 3 certified CDFIs in West Virginia with SBA approvals in either period: 2 → 1. |
| Largest loan its website states | $250,000 | Other loan funds whose website states a maximum: median $275,000. Higher than the stated maximum of 38% of these 184. |
| Total assets, latest IRS Form 990 | $5.4M | Larger than 25% of the 449 other certified loan funds and venture funds nationwide with a matched Form 990 (median $15.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 12% |
| SBA approvals then vs now | certified CDFIs in West Virginia with SBA approvals FY2023–2026 | 2 | rank 2 → 1 of 3 |
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 38% |
| Form 990 total assets | certified loan and venture funds with a Form 990, nationwide | 449 | larger than 25% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Form 990 figures: IRS annual extracts (see the Form 990 section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 10 SBA-backed approvals for Woodlands Community Lenders in fiscal years 2020–2026 (October 2019 to September 2026):
- 10 7(a) loans as the lender: $878,800 in total (gross amount approved), median $85,000
By fiscal year: FY2020 0 · FY2021 0 · FY2022 0 · FY2023 0 · FY2024 0 · FY2025 8 · FY2026 2.
What actually happened
- Size of its 7(a) loans: half were between $27,800 and $119,075, median $85,000 (10 loans)
- Term of its 7(a) loans: median 78 months (6 years) (10 loans)
- Interest rate at approval on its 7(a) loans in FY2025–26: median 8.25%, half between 8.25% and 8.50% (10 loans; SBA's initial rate, before any change on a variable loan)
- Fixed or variable: 100% of its 7(a) loans had a fixed rate (10 loans)
- Young businesses: 90% of its 7(a) loans went to a startup or a business two years old or less (10 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) standard (10, 100%)
Borrower industries
NAICS sector, 3 or more loans.
- Retail trade (5)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Randolph County, WV (6)
How this lender was matched in the SBA files: SBA lender ID 0598863: same name, state and city (SBA lists “Woodlands Community Lenders, Inc.”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Woodlands Community Lenders may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Elkins and West Virginia
- Calhoun County Bank, Inc.Bank or thrift · Grantsville, WVAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified
- Element Federal Credit UnionCredit union · Charleston, WVAuto / vehicle loans, Credit-builder loans, Home repair / improvement loans, Personal / consumer loansVerified
- FNB Bank, IncorporatedBank or thrift · Romney, WVAgriculture / farm loans, Auto / vehicle loans, Credit-builder loans, Home mortgages…Verified
- Partner Community Capital, Inc.Loan fund · Charles Town, WVAgriculture / farm loans, Commercial real estate loans, Equipment loans, Microloans…Verified
- Pioneer Community Bank, Inc.Bank or thrift · Iaeger, WVAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…Verified
- Whitesville State BankBank or thrift · Whitesville, WVAuto / vehicle loans, Home repair / improvement loans, Home mortgages, Personal / consumer loans…Verified
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