FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Kentucky, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 517 loans in Kentucky: 480 under 7(a) and 37 under 504, worth $184M.
That is down 9% on FY2016, when there were 569 approvals worth $224M.
Kentucky accounted for 0.8% of the 68,648 approvals nationwide that year. 76 lenders had at least one approval in the state; The Huntington National Bank had the most, 83.
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 FY2017, of 76 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 83 | $22.2M | 16.1% | 70 | +13 |
| 2 | Community Trust Bank, Inc. | 7(a) | 64 | $7.8M | 12.4% | 66 | -2 |
| 3 | U.S. Bank, National Association | 7(a) | 41 | $4.5M | 7.9% | 112 | -71 |
| 4 | Stock Yards Bank & Trust Company | 7(a) | 26 | $4.5M | 5.0% | 29 | -3 |
| 5 | First Financial Bank | 7(a) | 17 | $6.4M | 3.3% | 27 | -10 |
| 6 | JPMorgan Chase Bank, National Association | 7(a) | 17 | $2.9M | 3.3% | 20 | -3 |
| 7 | Community Ventures Corporation | 504 | 15 | $8.2M | 2.9% | 11 | +4 |
| 8 | Fifth Third Bank | 7(a) | 14 | $1.7M | 2.7% | 9 | +5 |
| 9 | Republic Bank & Trust Company | 7(a) | 12 | $4.0M | 2.3% | 24 | -12 |
| 10 | PNC Bank, National Association | 7(a) | 12 | $3.1M | 2.3% | 14 | -2 |
| 11 | Celtic Bank Corporation | 7(a) | 12 | $2.3M | 2.3% | 13 | -1 |
| 12 | BayFirst National Bank | 7(a) | 11 | $2.9M | 2.1% | 5 | +6 |
| 13 | Live Oak Banking Company | 7(a) | 10 | $12.5M | 1.9% | 12 | -2 |
| 14 | Capital Access Corporation - Kentucky | 504 | 9 | $6.2M | 1.7% | 14 | -5 |
| 15 | First Financial Bank, National Association | 7(a) | 9 | $2.5M | 1.7% | 0 | new |
| 16 | South Central Bank, Inc. | 7(a) | 9 | $678K | 1.7% | 4 | +5 |
| 17 | Stearns Bank National Association | 7(a) | 7 | $4.8M | 1.4% | 10 | -3 |
| 18 | Y-12 FCU | 7(a) | 7 | $1.0M | 1.4% | 4 | +3 |
| 19 | The Paducah Bank and Trust Company | 7(a) | 7 | $825K | 1.4% | 4 | +3 |
| 20 | First Merchants Bank | 7(a) | 6 | $7.7M | 1.2% | 1 | +5 |
| 21 | GBank | 7(a) | 6 | $6.5M | 1.2% | 3 | +3 |
| 22 | Newtek Small Business Finance, Inc. | 7(a) | 6 | $6.4M | 1.2% | 0 | new |
| 23 | Alloy Development Co., Inc. | 504 | 6 | $6.0M | 1.2% | 5 | +1 |
| 24 | Simmons Bank | 7(a) | 6 | $1.2M | 1.2% | 5 | +1 |
| 25 | Traditional Bank Inc | 7(a) | 6 | $1.1M | 1.2% | 6 | 0 |
| 26 | Premier Capital Corporation | 504 | 5 | $3.8M | 1.0% | 0 | new |
| 27 | German American Bank | 7(a) | 5 | $1.8M | 1.0% | 0 | new |
| 28 | Truist Bank | 7(a) | 5 | $894K | 1.0% | 7 | -2 |
| 29 | FNB Bank, Inc. | 7(a) | 5 | $594K | 1.0% | 1 | +4 |
| 30 | Northeast Bank | 7(a) | 4 | $2.0M | 0.8% | 2 | +2 |
| 31 | Wells Fargo Bank National Association | 7(a) | 4 | $1.5M | 0.8% | 3 | +1 |
| 32 | Magnolia Bank Incorporated | 7(a) | 4 | $1.3M | 0.8% | 6 | -2 |
| 33 | Town & Country Bank and Trust Company | 7(a) | 4 | $514K | 0.8% | 0 | new |
| 34 | First Financial Bank | 7(a) | 4 | $442K | 0.8% | 2 | +2 |
| 35 | Independence Bank | 7(a) | 4 | $425K | 0.8% | 0 | new |
| 36 | Readycap Lending, LLC | 7(a) | 3 | $2.3M | 0.6% | 0 | new |
| 37 | Wilson & Muir Bank & Trust Company | 7(a) | 3 | $628K | 0.6% | 4 | -1 |
| 38 | Peoples Exchange Bank | 7(a) | 2 | — | 0.4% | 2 | 0 |
| 39 | Citizens Bank | 7(a) | 2 | — | 0.4% | 0 | new |
| 40 | PromiseOne Bank | 7(a) | 2 | — | 0.4% | 2 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Jefferson County | 111 | $39.3M | 21.5% | 137 | -26 |
| 2 | Fayette County | 56 | $19.5M | 10.8% | 62 | -6 |
| 3 | Kenton County | 48 | $16.8M | 9.3% | 46 | +2 |
| 4 | Boone County | 36 | $12.9M | 7.0% | 45 | -9 |
| 5 | Campbell County | 14 | $4.7M | 2.7% | 21 | -7 |
| 6 | McCracken County | 13 | $3.4M | 2.5% | 11 | +2 |
| 7 | Hardin County | 13 | $5.6M | 2.5% | 7 | +6 |
| 8 | Pike County | 12 | $1.4M | 2.3% | 15 | -3 |
| 9 | Barren County | 11 | $6.6M | 2.1% | 2 | +9 |
| 10 | Madison County | 9 | $3.5M | 1.7% | 8 | +1 |
| 11 | Daviess County | 9 | $3.5M | 1.7% | 11 | -2 |
| 12 | Jessamine County | 8 | $3.0M | 1.5% | 4 | +4 |
| 13 | Warren County | 7 | $1.4M | 1.4% | 9 | -2 |
| 14 | Grant County | 7 | $1.8M | 1.4% | 8 | -1 |
| 15 | Bell County | 7 | $732K | 1.4% | 4 | +3 |
| 16 | Marshall County | 6 | $1.1M | 1.2% | 5 | +1 |
| 17 | Spencer County | 6 | $654K | 1.2% | 1 | +5 |
| 18 | Boyle County | 6 | $360K | 1.2% | 9 | -3 |
| 19 | Scott County | 5 | $1.1M | 1.0% | 6 | -1 |
| 20 | Oldham County | 5 | $3.4M | 1.0% | 10 | -5 |
| 21 | Christian County | 5 | $3.6M | 1.0% | 4 | +1 |
| 22 | Woodford County | 5 | $398K | 1.0% | 6 | -1 |
| 23 | Laurel County | 5 | $2.1M | 1.0% | 4 | +1 |
| 24 | Franklin County | 4 | $1.0M | 0.8% | 2 | +2 |
| 25 | Graves County | 4 | $3.0M | 0.8% | 0 | new |
| 26 | Nelson County | 4 | $2.3M | 0.8% | 4 | 0 |
| 27 | Bullitt County | 4 | $3.7M | 0.8% | 15 | -11 |
| 28 | Shelby County | 4 | $3.7M | 0.8% | 5 | -1 |
| 29 | Perry County | 4 | $321K | 0.8% | 2 | +2 |
| 30 | Hopkins County | 4 | $410K | 0.8% | 3 | +1 |
| 31 | Henderson County | 4 | $1.6M | 0.8% | 3 | +1 |
| 32 | Floyd County | 4 | $475K | 0.8% | 5 | -1 |
| 33 | Henry County | 3 | $729K | 0.6% | 3 | 0 |
| 34 | Hart County | 3 | $1.6M | 0.6% | 1 | +2 |
| 35 | Bourbon County | 3 | $539K | 0.6% | 5 | -2 |
| 36 | Clark County | 3 | $4.1M | 0.6% | 8 | -5 |
| 37 | Pulaski County | 3 | $2.8M | 0.6% | 0 | new |
| 38 | Edmonson County | 3 | $987K | 0.6% | 1 | +2 |
| 39 | Anderson County | 3 | $296K | 0.6% | 1 | +2 |
| 40 | Greenup County | 3 | $139K | 0.6% | 5 | -2 |
The 40 counties with the most approvals; every county is on the Kentucky page.
FY2017 against FY2016
| Kentucky | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 480 | 530 |
| 7(a) dollars | $160M | $186M |
| Median 7(a) approval | $110K | $112K |
| 504 approvals | 37 | 39 |
| 504 dollars | $24.6M | $37.2M |
| Jobs supported, as reported | 5,451 | 5,490 |
Questions and answers
Which lenders made the most SBA loans in Kentucky in FY2017?
The Huntington National Bank (83), Community Trust Bank, Inc. (64), U.S. Bank, National Association (41), Stock Yards Bank & Trust Company (26), First Financial Bank (17). 76 lenders had at least one approval.
How many SBA loans were approved in Kentucky in FY2017?
517: 480 under 7(a) worth $160M and 37 under 504 worth $24.6M.
Which Kentucky counties had the most SBA approvals in FY2017?
Jefferson County (111), Fayette County (56), Kenton County (48), Boone County (36), Campbell County (14).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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