Lenders › Stock Yards Bank & Trust Company
7(a) lenderLouisville, KentuckyFDIC-insured bank128th of 2,184 by approvals
Stock Yards Bank & Trust Company
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Stock Yards Bank & Trust Company, based in Louisville, Kentucky, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 298 of its 7(a) loans worth $194M in FY2021 to FY2025, which places it 128th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 74 approvals totalling $62.6M, up 32% on FY2024 (56). FY2026 to 30 Jun 2026 adds 36 more.
The median approval was $337K, against $190K for the 7(a) program as a whole; 28.5% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 10 states and territories and 47 counties, led by Kentucky (59.7%), Indiana (25.5%) and Ohio (11.1%). The largest industry group was accommodation and food services at 18.5% of approvals, and 17.4% of approvals were to franchise businesses.
Of 471 disbursed loans approved in FY2010 to FY2021, SBA records 29 as charged off (6.2%), 373 as paid in full and 69 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 36 | $19.5M | $174K | $543K | 332 |
| FY2025 | 74 | $62.6M | $301K | $845K | 1,198 |
| FY2024 | 56 | $40.0M | $361K | $714K | 876 |
| FY2023 | 65 | $29.6M | $336K | $455K | 991 |
| FY2022 | 47 | $29.2M | $369K | $621K | 641 |
| FY2021 | 56 | $32.6M | $305K | $582K | 629 |
| FY2020 | 34 | $9.7M | $150K | $286K | 389 |
| FY2019 | 24 | $15.1M | $188K | $629K | 451 |
| FY2018 | 24 | $11.3M | $350K | $471K | 198 |
| FY2017 | 36 | $12.2M | $126K | $340K | 338 |
| FY2016 | 39 | $16.5M | $271K | $423K | 474 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 157 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Kentucky | 7(a) program |
|---|---|---|---|
| Approvals in these years | 520 | 5,807 | 639,905 |
| Cancelled or never disbursed | 49 | 717 | 79,313 |
| Disbursed loans | 471 | 5,090 | 560,592 |
| Paid in full | 373 | 4,088 | 435,813 |
| Charged off | 29 | 341 | 36,891 |
| Still outstanding (status exempt from disclosure) | 69 | 661 | 87,888 |
| Charged off, share of disbursed loans | 6.2% | 6.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | 4.0% | 3.4% | 2.5% |
| Dollars charged off | $7.4M | $55.4M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 54 | 21 | 1 | 1.9% | 2.8% |
| FY2020 | 34 | 15 | 0 | 0.0% | 4.0% |
| FY2019 | 24 | 14 | 3 | — | 6.7% |
| FY2018 | 20 | 14 | 0 | — | 7.9% |
| FY2017 | 34 | 32 | 1 | 2.9% | 7.7% |
| FY2016 | 37 | 30 | 4 | 10.8% | 7.2% |
| FY2015 | 43 | 42 | 0 | 0.0% | 6.9% |
| FY2014 | 27 | 23 | 4 | — | 6.4% |
| FY2013 | 44 | 40 | 4 | 9.1% | 6.0% |
| FY2012 | 37 | 34 | 3 | 8.1% | 6.3% |
| FY2011 | 63 | 60 | 3 | 4.8% | 6.9% |
| FY2010 | 54 | 48 | 6 | 11.1% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $337K | $190K |
| Average approval | $651K | $518K |
| Approvals of $150,000 or less | 28.5% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 35.2% | 34.3% |
| Approvals to franchise businesses | 17.4% | 11.5% |
| Jobs supported per approval, as reported | 14.5 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.2% | 6.6% |
States served
| # | State of the business (10 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Kentucky | 178 | $113M | 59.7% | |
| 2 | Indiana | 76 | $51.0M | 25.5% | |
| 3 | Ohio | 33 | $21.5M | 11.1% | |
| 4 | Georgia | 4 | $4.3M | 1.3% | |
| 5 | South Carolina | 2 | — | 0.7% | |
| 6 | Connecticut | 1 | — | 0.3% | |
| 7 | Florida | 1 | — | 0.3% | |
| 8 | Illinois | 1 | — | 0.3% | |
| 9 | California | 1 | — | 0.3% | |
| 10 | Michigan | 1 | — | 0.3% |
In Kentucky the lender accounts for 7.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (47 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Jefferson County, KY | 100 | $57.9M | 33.6% | |
| 2 | Hamilton County, OH | 22 | $17.4M | 7.4% | |
| 3 | Marion County, IN | 19 | $17.3M | 6.4% | |
| 4 | Shelby County, KY | 14 | $9.8M | 4.7% | |
| 5 | Clark County, IN | 14 | $8.5M | 4.7% | |
| 6 | Vanderburgh County, IN | 13 | $9.3M | 4.4% | |
| 7 | Kenton County, KY | 11 | $11.5M | 3.7% | |
| 8 | Fayette County, KY | 11 | $7.7M | 3.7% | |
| 9 | Oldham County, KY | 10 | $7.6M | 3.4% | |
| 10 | Floyd County, IN | 7 | $5.1M | 2.3% | |
| 11 | Johnson County, IN | 7 | $5.0M | 2.3% | |
| 12 | Campbell County, KY | 6 | $6.8M | 2.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 55 | 18.5% | |
| 2 | Construction | 44 | 14.8% | |
| 3 | Retail Trade | 40 | 13.4% | |
| 4 | Manufacturing | 38 | 12.8% | |
| 5 | Other Services (except Public Administration) | 28 | 9.4% | |
| 6 | Health Care and Social Assistance | 24 | 8.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 17 | 5.7% | |
| 8 | Professional, Scientific, and Technical Services | 14 | 4.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 40 | 13.4% | |
| 2 | Other Specialty Trade ContractorsNAICS 2389 | 13 | 4.4% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 12 | 4.0% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 11 | 3.7% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 11 | 3.7% | |
| 6 | Printing and Related Support ActivitiesNAICS 3231 | 11 | 3.7% | |
| 7 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 10 | 3.4% | |
| 8 | Offices of PhysiciansNAICS 6211 | 9 | 3.0% | |
| 9 | Services to Buildings and DwellingsNAICS 5617 | 8 | 2.7% | |
| 10 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 8 | 2.7% |
Approval sizes
- $50,000 or less10.1%30
- $50,001 to $150,00018.5%55
- $150,001 to $350,00024.2%72
- $350,001 to $1 million29.2%87
- $1 million to $2 million9.7%29
- Over $2 million8.4%25
Loan terms
- 5 years or less5.7%17
- Over 5 to 10 years74.8%223
- Over 10 to 20 years7.4%22
- Over 20 years12.1%36
Age of the businesses
- Existing, more than 2 years old36.2%108
- New business, 2 years or less15.4%46
- Startup, loan funds will open the business19.8%59
- Change of ownership28.5%85
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 149 | 50.0% | |
| 2 | Preferred Lenders Program | 118 | 39.6% | |
| 3 | 7a General | 26 | 8.7% | |
| 4 | Contract CAPLine | 3 | 1.0% | |
| 5 | Seasonal CAPLine | 1 | 0.3% | |
| 6 | Working Capital CAPLine | 1 | 0.3% |
Franchise share
52 of 298 approvals in FY2021–FY2025 (17.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Two Men and a Truck | 6 | 2.0% | |
| 2 | Do it Best | 4 | 1.3% | |
| 3 | Parlor Doughnuts | 4 | 1.3% | |
| 4 | Subway | 3 | 1.0% | |
| 5 | Mosquito Joe | 3 | 1.0% | |
| 6 | Duck Donuts | 3 | 1.0% | |
| 7 | Bee Hive Homes | 2 | 0.7% | |
| 8 | Closet Factory | 2 | 0.7% |
Questions and answers
How many SBA loans does Stock Yards Bank & Trust Company make?
SBA approved 74 7(a) loans through Stock Yards Bank & Trust Company in FY2025, worth $62.6M, and 298 over FY2021 to FY2025. That ranks 128th of 2,184 active 7(a) lenders by number of approvals.
How large are Stock Yards Bank & Trust Company's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $337K and the average $651K. The program-wide median was $190K.
What is Stock Yards Bank & Trust Company's charge-off rate?
Of 471 disbursed loans approved in FY2010 to FY2021, SBA records 29 as charged off (6.2%), 373 as paid in full and 69 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Stock Yards Bank & Trust Company lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (40); other specialty trade contractors (13); automotive repair and maintenance (12); building equipment contractors (11).
Where does Stock Yards Bank & Trust Company make SBA loans?
In 10 states and territories. Kentucky 178, Indiana 76, Ohio 33, Georgia 4, South Carolina 2. In Kentucky it accounts for 7.4% of all 7(a) approvals.
Is Stock Yards Bank & Trust Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 195, against 137 in the three before: rising (+42%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error