2,397 SBA loans worth $1.2B went to Kentucky businesses between October 2021 and June 2026, from 150 lenders. Huntington National Bank made the most 7(a) loans, 269 or 12% of the state's total, and the ten most active lenders made 65%. The median 7(a) loan was $150,000, below the national median of $158,000. Construction was the most financed industry, at 16% of loans. Annual loan count rose 33% from fiscal 2023 to fiscal 2025.
| # | Lender | Loans | Approved | Median loan | To startups | Most common borrower |
|---|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 269 | $75.7M | $100,000 | 46% | Construction |
| 2 | U.S. Bank Bank · Cincinnati, OH | 256 | $42.0M | $40,000 | 39% | Construction |
| 3 | Community Trust Bank Bank · Pikeville, KY | 239 | $51.1M | $105,200 | 33% | Retail |
| 4 | Stock Yards Bank & Trust Bank · Louisville, KY | 179 | $117.5M | $306,500 | 35% | Restaurants and hotels |
| 5 | Republic Bank & Trust Bank · Louisville, KY | 141 | $54.6M | $270,400 | 42% | Construction |
| 6 | Northeast Bank Bank · Portland, ME | 130 | $19.8M | $120,500 | 8% | Health care and social assistance |
| 7 | Newtek Bank Bank · Miami, FL | 98 | $35.0M | $175,000 | 21% | Health care and social assistance |
| 8 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 66 | $10.8M | $50,000 | 18% | Other services (repair, personal care) |
| 9 | Live Oak Banking Bank · Wilmington, NC | 58 | $81.5M | $782,500 | 17% | Health care and social assistance |
| 10 | PNC Bank Bank · Wilmington, DE | 54 | $11.2M | $50,000 | 52% | Construction |
| 11 | BayFirst National Bank Bank · St. Petersburg, FL | 53 | $6.8M | $150,000 | 2% | Other services (repair, personal care) |
| 12 | Fifth Third Bank Bank · Cincinnati, OH | 43 | $15.0M | $85,000 | 30% | Restaurants and hotels |
| 13 | Old National Bank Bank · Evansville, IN | 38 | $29.4M | $250,200 | 55% | Restaurants and hotels |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 34 | $10.8M | $152,500 | 9% | Construction |
| 15 | United Midwest Savings Bank Bank · Degraff, OH | 28 | $23.2M | $150,000 | 71% | Construction |
| 16 | Celtic Bank Bank · Salt Lake City, UT | 27 | $16.2M | $150,000 | 7% | Health care and social assistance |
| 17 | South Central Bank Bank · Glasgow, KY | 26 | $15.5M | $250,000 | 58% | Construction |
| 18 | Heritage Bank Bank · Burlington, KY | 23 | $22.4M | $340,000 | 26% | Construction |
| 19 | Peoples Bank Bank · Marietta, OH | 20 | $6.9M | $162,550 | 65% | Restaurants and hotels |
| 20 | WesBanco Bank Bank · Wheeling, WV | 19 | $3.5M | $139,000 | 47% | Health care and social assistance |
| 21 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 18 | $15.8M | $360,000 | 28% | Construction |
| 22 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 17 | $2.8M | $150,000 | 0% | Transportation and warehousing |
| 23 | GBank Bank · Las Vegas, NV | 16 | $32.8M | $1,515,500 | 38% | Restaurants and hotels |
| 24 | Wilson & Muir Bank & Trust Bank · Bardstown, KY | 16 | $7.2M | $205,000 | 44% | Restaurants and hotels |
| 25 | First Commonwealth Bank Bank · Indiana, PA | 15 | $9.8M | $375,000 | 20% | Restaurants and hotels |
| # | Certified development company | Loans | SBA portion approved | Median |
|---|---|---|---|---|
| 1 | Alloy Development Co. Cincinnati, OH | 32 | $27.5M | $414,500 |
| 2 | Capital Access Corporation - Kentucky Louisville, KY | 28 | $29.0M | $518,000 |
| 3 | Community Ventures Lexington, KY | 26 | $22.4M | $524,000 |
| 4 | Purchase Area Development District Mayfield, KY | 11 | $3.3M | $213,000 |
| 5 | Premier Capital Indianapolis, IN | 9 | $7.6M | $575,000 |
| 6 | Brightbridge Chattanooga, TN | 2 | $1.6M | $815,500 |
| 7 | Indiana Statewide Certified Development Indianapolis, IN | 2 | $2.7M | $1,361,500 |
| 8 | Ohio Statewide Development Columbus, OH | 1 | $783K | $783,000 |
| 9 | Small Business Growth Springfield, IL | 1 | $912K | $912,000 |
| 10 | SomerCor 504 Chicago, IL | 1 | $510K | $510,000 |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 373 | $150,000 | U.S. Bank | |
| Restaurants and hotels | 346 | $316,500 | Huntington National Bank | |
| Other services (repair, personal care) | 281 | $195,000 | U.S. Bank | |
| Retail | 281 | $184,500 | Community Trust Bank | |
| Health care and social assistance | 236 | $184,500 | Community Trust Bank | |
| Professional and technical services | 183 | $150,000 | U.S. Bank | |
| Manufacturing | 150 | $263,800 | Community Trust Bank | |
| Administrative and support services | 120 | $150,000 | Huntington National Bank | |
| Transportation and warehousing | 113 | $81,300 | Huntington National Bank | |
| Arts, entertainment and recreation | 92 | $173,500 | Huntington National Bank | |
| Wholesale trade | 60 | $204,500 | U.S. Bank | |
| Finance and insurance | 43 | $227,800 | U.S. Bank |
| City | Loans | Approved | Median loan | Most active lender |
|---|---|---|---|---|
| Louisville | 609 | $315.0M | $190,000 | Stock Yards Bank & Trust |
| Lexington | 247 | $110.5M | $207,400 | Community Trust Bank |
| Bowling Green | 73 | $28.1M | $150,000 | American Bank & Trust Company |
| Florence | 64 | $29.3M | $200,000 | Huntington National Bank |
| Owensboro | 64 | $37.7M | $250,200 | Old National Bank |
| Covington | 54 | $22.5M | $150,000 | Huntington National Bank |
| Ft Mitchell | 53 | $17.0M | $150,000 | Huntington National Bank |
| Richmond | 49 | $19.2M | $150,000 | U.S. Bank |
| Newport | 35 | $18.4M | $190,000 | Huntington National Bank |
| Paducah | 35 | $25.1M | $280,000 | Paducah Bank and Trust |
| Nicholasville | 34 | $17.8M | $270,000 | Community Trust Bank |
| Shelbyville | 33 | $24.9M | $350,000 | Stock Yards Bank & Trust |
| Georgetown | 32 | $12.6M | $130,000 | Community Trust Bank |
| Versailles | 30 | $7.2M | $83,850 | Community Trust Bank |
| Pikeville | 29 | $4.1M | $70,000 | Community Trust Bank |
19 Kentucky cities and suburbs with at least 25 SBA loans since October 2021. Search any zip code at the top of the page.