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County13th of 107 in Kentucky by approvalsFIPS 21209
SBA loans in Scott 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.
SBA approved 42 loans to businesses in Scott County, Kentucky, in FY2021 to FY2025, worth $19.7M: 40 under 7(a) and 2 under 504.
That is 39.7 approvals per 1,000 business establishments (1,058 establishments in 2023), above the Kentucky figure of 27.1 and close to the national 41.0.
It ranks 13th of 107 Kentucky counties with approvals. In FY2025 there were 12.
17 lenders had approvals here; the most active were Community Trust Bank, Inc. (20), The Huntington National Bank (3) and Community Ventures Corporation (2). The most common industry was general freight trucking.
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 Scott County
By number of approvals to businesses in the county, FY2021–FY2025; 17 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Community Trust Bank, Inc.Pikeville, KY | 20 | $2.9M | 47.6% | |
| 2 | The Huntington National BankColumbus, OH | 3 | $2.3M | 7.1% | |
| 3 | Community Ventures CorporationLexington, KY · CDC | 2 | — | 4.8% | |
| 4 | Fifth Third BankCincinnati, OH | 2 | — | 4.8% | |
| 5 | U.S. Bank, National AssociationCincinnati, OH | 2 | — | 4.8% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 2 | — | 4.8% | |
| 7 | North Valley BankZanesville, OH | 1 | — | 2.4% | |
| 8 | Harvest Small Business Finance, LLCLaguna Hills, CA | 1 | — | 2.4% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 1 | — | 2.4% | |
| 10 | First Western SBLC, LLCDallas, TX | 1 | — | 2.4% | |
| 11 | First BankSouthern Pines, NC | 1 | — | 2.4% | |
| 12 | Merchants Bank of IndianaCarmel, IN | 1 | — | 2.4% | |
| 13 | German American BankJasper, IN | 1 | — | 2.4% | |
| 14 | WesBanco Bank, Inc.Wheeling, WV | 1 | — | 2.4% | |
| 15 | Republic Bank & Trust CompanyLouisville, KY | 1 | — | 2.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 7 | 16.7% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 9.5% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 4 | 9.5% | |
| 4 | Traveler AccommodationNAICS 7211 | 3 | 7.1% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 7.1% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 7.1% | |
| 7 | Warehouse Clubs, Supercenters, and Other General Merchandise RetailersNAICS 4552 | 2 | 4.8% | |
| 8 | Other Personal ServicesNAICS 8129 | 2 | 4.8% | |
| 9 | Personal Care ServicesNAICS 8121 | 2 | 4.8% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 4.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 8 | 19.0% | |
| 2 | Other Services (except Public Administration) | 8 | 19.0% | |
| 3 | Transportation and Warehousing | 8 | 19.0% | |
| 4 | Health Care and Social Assistance | 5 | 11.9% | |
| 5 | Retail Trade | 3 | 7.1% | |
| 6 | Construction | 3 | 7.1% | |
| 7 | Arts, Entertainment, and Recreation | 3 | 7.1% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 2 | 4.8% |
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* | 4 | $782K | $150K | 0 | — | 4 | 40 |
| FY2025 | 12 | $4.7M | $120K | 0 | — | 12 | 92 |
| FY2024 | 6 | $870K | $100K | 0 | — | 6 | 48 |
| FY2023 | 8 | $2.8M | $81K | 0 | — | 8 | 29 |
| FY2022 | 7 | $5.5M | $280K | 1 | — | 8 | 82 |
| FY2021 | 7 | $4.6M | $143K | 1 | — | 8 | 54 |
| FY2020 | 11 | $701K | $50K | 0 | — | 11 | 84 |
| FY2019 | 11 | $718K | $27K | 2 | — | 13 | 73 |
| FY2018 | 6 | $1.0M | $85K | 0 | — | 6 | 154 |
| FY2017 | 5 | $1.1M | $150K | 0 | — | 5 | 16 |
| FY2016 | 6 | $3.5M | $538K | 0 | — | 6 | 60 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 41 approvals.
Against Kentucky and the country
| FY2021–FY2025 | Scott County | Kentucky | United States |
|---|---|---|---|
| Approvals | 42 | 2,558 | 342,825 |
| Approvals per 1,000 establishments | 39.7 | 27.1 | 41.0 |
| Median 7(a) approval | $130K | $150K | $190K |
| Median 504 approval | — | $495K | $657K |
| Average approval | $468K | $494K | $573K |
| 504 share of approvals | 4.8% | 5.7% | 11.0% |
| Jobs supported per approval, as reported | 7.3 | 11.0 | 10.5 |
| Share of state approvals | 1.6% | 100.0% | — |
Approval sizes
- $50,000 or less23.8%10
- $50,001 to $150,00033.3%14
- $150,001 to $350,00011.9%5
- $350,001 to $1 million16.7%7
- $1 million to $2 million9.5%4
- Over $2 million4.8%2
Age of the businesses
- Existing, more than 2 years old73.8%31
- New business, 2 years or less7.1%3
- Startup, loan funds will open the business9.5%4
- Change of ownership9.5%4
Questions and answers
Which lenders make the most SBA loans in Scott County?
By approvals in FY2021 to FY2025: Community Trust Bank, Inc. (20), The Huntington National Bank (3), Community Ventures Corporation (2), Fifth Third Bank (2), U.S. Bank, National Association (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Scott County?
The median 7(a) approval was $130K; the Kentucky 7(a) median was $150K.
Which industries get the most SBA loans in Scott County?
General Freight Trucking (7); Restaurants and Other Eating Places (4); Offices of Other Health Practitioners (4); Traveler Accommodation (3); Other Specialty Trade Contractors (3).
Is SBA lending in Scott County rising?
Approvals in the three latest complete fiscal years total 26, against 27 in the three before: broadly level (-4%).
How does Scott County compare with the rest of Kentucky?
39.7 approvals per 1,000 establishments against 27.1 statewide, and 42 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