FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Kentucky, FY2016
That fiscal year's approvals by lender and by county.
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.
In FY2016 (1 October 2015 to 30 September 2016) SBA approved 569 loans in Kentucky: 530 under 7(a) and 39 under 504, worth $224M.
That is down 8% on FY2015, when there were 618 approvals worth $204M.
Kentucky accounted for 0.8% of the 70,012 approvals nationwide that year. 69 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 112.
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.
Approvals by lender
The 40 lenders with the most approvals to Kentucky businesses in FY2016, of 69 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 112 | $26.2M | 19.7% | 124 | -12 |
| 2 | The Huntington National Bank | 7(a) | 70 | $13.9M | 12.3% | 62 | +8 |
| 3 | Community Trust Bank, Inc. | 7(a) | 66 | $8.9M | 11.6% | 68 | -2 |
| 4 | Stock Yards Bank & Trust Company | 7(a) | 29 | $11.5M | 5.1% | 38 | -9 |
| 5 | First Financial Bank | 7(a) | 27 | $8.0M | 4.7% | 30 | -3 |
| 6 | Republic Bank & Trust Company | 7(a) | 24 | $5.5M | 4.2% | 7 | +17 |
| 7 | JPMorgan Chase Bank, National Association | 7(a) | 20 | $2.9M | 3.5% | 28 | -8 |
| 8 | Capital Access Corporation - Kentucky | 504 | 14 | $15.2M | 2.5% | 4 | +10 |
| 9 | PNC Bank, National Association | 7(a) | 14 | $2.8M | 2.5% | 18 | -4 |
| 10 | Celtic Bank Corporation | 7(a) | 13 | $4.4M | 2.3% | 10 | +3 |
| 11 | Live Oak Banking Company | 7(a) | 12 | $15.0M | 2.1% | 20 | -8 |
| 12 | Community Ventures Corporation | 504 | 11 | $11.4M | 1.9% | 14 | -3 |
| 13 | Stearns Bank National Association | 7(a) | 10 | $3.5M | 1.8% | 2 | +8 |
| 14 | Purchase Area Development District | 504 | 9 | $6.1M | 1.6% | 8 | +1 |
| 15 | Fifth Third Bank | 7(a) | 9 | $1.2M | 1.6% | 13 | -4 |
| 16 | Truist Bank | 7(a) | 7 | $6.9M | 1.2% | 12 | -5 |
| 17 | Magnolia Bank Incorporated | 7(a) | 6 | $1.9M | 1.1% | 12 | -6 |
| 18 | Traditional Bank Inc | 7(a) | 6 | $1.5M | 1.1% | 13 | -7 |
| 19 | BizCapital BIDCO I, LLC | 7(a) | 5 | $9.7M | 0.9% | 1 | +4 |
| 20 | Alloy Development Co., Inc. | 504 | 5 | $4.5M | 0.9% | 5 | 0 |
| 21 | Simmons Bank | 7(a) | 5 | $1.5M | 0.9% | 1 | +4 |
| 22 | BayFirst National Bank | 7(a) | 5 | $1.4M | 0.9% | 0 | new |
| 23 | BankUnited, National Association | 7(a) | 4 | $5.3M | 0.7% | 6 | -2 |
| 24 | South Central Bank, Inc. | 7(a) | 4 | $483K | 0.7% | 10 | -6 |
| 25 | Y-12 FCU | 7(a) | 4 | $464K | 0.7% | 0 | new |
| 26 | The Paducah Bank and Trust Company | 7(a) | 4 | $422K | 0.7% | 15 | -11 |
| 27 | Wilson & Muir Bank & Trust Company | 7(a) | 4 | $323K | 0.7% | 3 | +1 |
| 28 | GBank | 7(a) | 3 | $6.2M | 0.5% | 0 | new |
| 29 | First Western SBLC, LLC | 7(a) | 3 | $4.1M | 0.5% | 0 | new |
| 30 | Byline Bank | 7(a) | 3 | $4.0M | 0.5% | 3 | 0 |
| 31 | Old National Bank | 7(a) | 3 | $1.5M | 0.5% | 3 | 0 |
| 32 | Central Bank & Trust Co. | 7(a) | 3 | $907K | 0.5% | 2 | +1 |
| 33 | Bank of the Bluegrass & Trust Company | 7(a) | 3 | $552K | 0.5% | 1 | +2 |
| 34 | Wells Fargo Bank National Association | 7(a) | 3 | $422K | 0.5% | 5 | -2 |
| 35 | Legence Bank | 7(a) | 2 | — | 0.4% | 0 | new |
| 36 | Banc of California | 7(a) | 2 | — | 0.4% | 2 | 0 |
| 37 | PromiseOne Bank | 7(a) | 2 | — | 0.4% | 1 | +1 |
| 38 | Peoples Bank | 7(a) | 2 | — | 0.4% | 0 | new |
| 39 | Western Commerce Bank | 7(a) | 2 | — | 0.4% | 0 | new |
| 40 | Northeast Bank | 7(a) | 2 | — | 0.4% | 1 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Jefferson County | 137 | $52.2M | 24.1% | 144 | -7 |
| 2 | Fayette County | 62 | $20.0M | 10.9% | 66 | -4 |
| 3 | Kenton County | 46 | $15.7M | 8.1% | 38 | +8 |
| 4 | Boone County | 45 | $19.7M | 7.9% | 33 | +12 |
| 5 | Campbell County | 21 | $7.4M | 3.7% | 29 | -8 |
| 6 | Pike County | 15 | $2.3M | 2.6% | 18 | -3 |
| 7 | Bullitt County | 15 | $7.9M | 2.6% | 3 | +12 |
| 8 | McCracken County | 11 | $5.0M | 1.9% | 25 | -14 |
| 9 | Daviess County | 11 | $1.6M | 1.9% | 8 | +3 |
| 10 | Oldham County | 10 | $3.9M | 1.8% | 11 | -1 |
| 11 | Warren County | 9 | $6.8M | 1.6% | 16 | -7 |
| 12 | Boyle County | 9 | $758K | 1.6% | 7 | +2 |
| 13 | Madison County | 8 | $1.7M | 1.4% | 9 | -1 |
| 14 | Grant County | 8 | $2.1M | 1.4% | 3 | +5 |
| 15 | Clark County | 8 | $5.0M | 1.4% | 6 | +2 |
| 16 | Hardin County | 7 | $1.8M | 1.2% | 21 | -14 |
| 17 | Mercer County | 7 | $430K | 1.2% | 1 | +6 |
| 18 | Scott County | 6 | $3.5M | 1.1% | 18 | -12 |
| 19 | Woodford County | 6 | $812K | 1.1% | 6 | 0 |
| 20 | Marshall County | 5 | $3.1M | 0.9% | 0 | new |
| 21 | Boyd County | 5 | $890K | 0.9% | 4 | +1 |
| 22 | Shelby County | 5 | $5.2M | 0.9% | 3 | +2 |
| 23 | Bourbon County | 5 | $699K | 0.9% | 3 | +2 |
| 24 | Floyd County | 5 | $1.8M | 0.9% | 6 | -1 |
| 25 | Greenup County | 5 | $925K | 0.9% | 1 | +4 |
| 26 | Jessamine County | 4 | $1.5M | 0.7% | 5 | -1 |
| 27 | Christian County | 4 | $783K | 0.7% | 8 | -4 |
| 28 | Nelson County | 4 | $1.9M | 0.7% | 5 | -1 |
| 29 | Calloway County | 4 | $2.6M | 0.7% | 1 | +3 |
| 30 | Whitley County | 4 | $3.6M | 0.7% | 0 | new |
| 31 | Bell County | 4 | $464K | 0.7% | 1 | +3 |
| 32 | Laurel County | 4 | $2.8M | 0.7% | 8 | -4 |
| 33 | Monroe County | 3 | $1.0M | 0.5% | 3 | 0 |
| 34 | Henry County | 3 | $530K | 0.5% | 2 | +1 |
| 35 | Garrard County | 3 | $150K | 0.5% | 0 | new |
| 36 | Hopkins County | 3 | $1.2M | 0.5% | 8 | -5 |
| 37 | Henderson County | 3 | $3.2M | 0.5% | 0 | new |
| 38 | Pendleton County | 3 | $1.8M | 0.5% | 0 | new |
| 39 | Larue County | 3 | $277K | 0.5% | 1 | +2 |
| 40 | Barren County | 2 | — | 0.4% | 12 | -10 |
The 40 counties with the most approvals; every county is on the Kentucky page.
FY2016 against FY2015
| Kentucky | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 530 | 586 |
| 7(a) dollars | $186M | $184M |
| Median 7(a) approval | $112K | $103K |
| 504 approvals | 39 | 32 |
| 504 dollars | $37.2M | $20.3M |
| Jobs supported, as reported | 5,490 | 6,380 |
Questions and answers
Which lenders made the most SBA loans in Kentucky in FY2016?
U.S. Bank, National Association (112), The Huntington National Bank (70), Community Trust Bank, Inc. (66), Stock Yards Bank & Trust Company (29), First Financial Bank (27). 69 lenders had at least one approval.
How many SBA loans were approved in Kentucky in FY2016?
569: 530 under 7(a) worth $186M and 39 under 504 worth $37.2M.
Which Kentucky counties had the most SBA approvals in FY2016?
Jefferson County (137), Fayette County (62), Kenton County (46), Boone County (45), Campbell County (21).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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