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County1st of 107 in Kentucky by approvalsFIPS 21111
SBA loans in Jefferson County, Kentucky
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Jefferson County, Kentucky, received 652 SBA loan approvals worth $339M in FY2021 to FY2025 (618 7(a), 34 504).
That is 32.3 approvals per 1,000 business establishments (20,164 establishments in 2023), above the Kentucky figure of 27.1 and below the national 41.0.
It ranks 1st of 107 Kentucky counties with approvals. In FY2025 there were 171, up 30% on FY2024.
78 lenders had approvals here; the most active were Stock Yards Bank & Trust Company (100), Republic Bank & Trust Company (99) and U.S. Bank, National Association (58). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Jefferson County
By number of approvals to businesses in the county, FY2021–FY2025; 78 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Stock Yards Bank & Trust CompanyLouisville, KY | 100 | $57.9M | 15.3% | |
| 2 | Republic Bank & Trust CompanyLouisville, KY | 99 | $39.9M | 15.2% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 58 | $11.4M | 8.9% | |
| 4 | The Huntington National BankColumbus, OH | 55 | $12.0M | 8.4% | |
| 5 | Northeast BankLewiston, ME | 33 | $3.7M | 5.1% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 18 | $2.9M | 2.8% | |
| 7 | PNC Bank, National AssociationWilmington, DE | 18 | $2.7M | 2.8% | |
| 8 | Capital Access Corporation - KentuckyLouisville, KY · CDC | 15 | $11.2M | 2.3% | |
| 9 | Community Trust Bank, Inc.Pikeville, KY | 15 | $2.3M | 2.3% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 14 | $1.7M | 2.1% | |
| 11 | Old National BankEvansville, IN | 13 | $12.0M | 2.0% | |
| 12 | Newtek Bank, National AssociationMiami, FL | 13 | $3.3M | 2.0% | |
| 13 | United Midwest Savings Bank National AssociationDe Graff, OH | 12 | $6.2M | 1.8% | |
| 14 | Live Oak Banking CompanyWilmington, NC | 11 | $24.0M | 1.7% | |
| 15 | TowneBankPortsmouth, VA | 10 | $5.9M | 1.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 72 | 11.0% | |
| 2 | Personal Care ServicesNAICS 8121 | 27 | 4.1% | |
| 3 | General Freight TruckingNAICS 4841 | 25 | 3.8% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 24 | 3.7% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 24 | 3.7% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 20 | 3.1% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 19 | 2.9% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 15 | 2.3% | |
| 9 | Offices of PhysiciansNAICS 6211 | 14 | 2.1% | |
| 10 | Child Day Care ServicesNAICS 6244 | 13 | 2.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 97 | 14.9% | |
| 2 | Other Services (except Public Administration) | 75 | 11.5% | |
| 3 | Construction | 73 | 11.2% | |
| 4 | Retail Trade | 71 | 10.9% | |
| 5 | Health Care and Social Assistance | 62 | 9.5% | |
| 6 | Professional, Scientific, and Technical Services | 60 | 9.2% | |
| 7 | Manufacturing | 46 | 7.1% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 46 | 7.1% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 97 | $46.2M | $200K | 2 | — | 99 | 1,141 |
| FY2025 | 168 | $83.0M | $205K | 3 | $6.4M | 171 | 1,904 |
| FY2024 | 126 | $60.9M | $150K | 6 | $3.0M | 132 | 1,377 |
| FY2023 | 122 | $61.4M | $212K | 4 | $2.3M | 126 | 1,596 |
| FY2022 | 89 | $47.4M | $195K | 7 | $3.9M | 96 | 1,019 |
| FY2021 | 113 | $59.6M | $246K | 14 | $10.8M | 127 | 1,645 |
| FY2020 | 102 | $57.6M | $150K | 10 | $3.8M | 112 | 987 |
| FY2019 | 113 | $37.9M | $126K | 7 | $7.4M | 120 | 1,437 |
| FY2018 | 113 | $38.7M | $158K | 10 | $6.3M | 123 | 1,101 |
| FY2017 | 104 | $34.3M | $150K | 7 | $5.0M | 111 | 1,354 |
| FY2016 | 127 | $44.9M | $150K | 10 | $7.4M | 137 | 1,577 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 603 approvals.
Against Kentucky and the country
| FY2021–FY2025 | Jefferson County | Kentucky | United States |
|---|---|---|---|
| Approvals | 652 | 2,558 | 342,825 |
| Approvals per 1,000 establishments | 32.3 | 27.1 | 41.0 |
| Median 7(a) approval | $192K | $150K | $190K |
| Median 504 approval | $499K | $495K | $657K |
| Average approval | $519K | $494K | $573K |
| 504 share of approvals | 5.2% | 5.7% | 11.0% |
| Jobs supported per approval, as reported | 11.6 | 11.0 | 10.5 |
| Share of state approvals | 25.5% | 100.0% | — |
Approval sizes
- $50,000 or less21.0%137
- $50,001 to $150,00024.2%158
- $150,001 to $350,00020.2%132
- $350,001 to $1 million21.3%139
- $1 million to $2 million6.7%44
- Over $2 million6.4%42
Age of the businesses
- Existing, more than 2 years old49.4%322
- New business, 2 years or less13.8%90
- Startup, loan funds will open the business21.8%142
- Change of ownership15.0%98
Questions and answers
Which lenders make the most SBA loans in Jefferson County?
By approvals in FY2021 to FY2025: Stock Yards Bank & Trust Company (100), Republic Bank & Trust Company (99), U.S. Bank, National Association (58), The Huntington National Bank (55), Northeast Bank (33). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Jefferson County?
The median 7(a) approval was $192K and the median 504 approval $499K; the Kentucky 7(a) median was $150K.
Which industries get the most SBA loans in Jefferson County?
Restaurants and Other Eating Places (72); Personal Care Services (27); General Freight Trucking (25); Automotive Repair and Maintenance (24); Services to Buildings and Dwellings (24).
Is SBA lending in Jefferson County rising?
Approvals in the three latest complete fiscal years total 429, against 335 in the three before: rising (+28%).
How does Jefferson County compare with the rest of Kentucky?
32.3 approvals per 1,000 establishments against 27.1 statewide, and 652 of the state's 2,558 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error