FY20181 Oct 2017 – 30 Sep 2018
SBA loans in Kentucky, FY2018
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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 509 loans in Kentucky: 482 under 7(a) and 27 under 504, worth $169M.
That is about level with FY2017, when there were 517 approvals worth $184M.
Kentucky accounted for 0.8% of the 66,228 approvals nationwide that year. 58 lenders had at least one approval in the state; The Huntington National Bank had the most, 100.
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 FY2018, of 58 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 100 | $23.7M | 19.6% | 83 | +17 |
| 2 | U.S. Bank, National Association | 7(a) | 84 | $9.8M | 16.5% | 41 | +43 |
| 3 | Community Trust Bank, Inc. | 7(a) | 59 | $7.0M | 11.6% | 64 | -5 |
| 4 | Republic Bank & Trust Company | 7(a) | 19 | $3.8M | 3.7% | 12 | +7 |
| 5 | First Financial Bank | 7(a) | 17 | $4.7M | 3.3% | 17 | 0 |
| 6 | First Financial Bank, National Association | 7(a) | 17 | $3.8M | 3.3% | 9 | +8 |
| 7 | JPMorgan Chase Bank, National Association | 7(a) | 17 | $2.8M | 3.3% | 17 | 0 |
| 8 | Stock Yards Bank & Trust Company | 7(a) | 14 | $5.7M | 2.8% | 26 | -12 |
| 9 | Fifth Third Bank | 7(a) | 14 | $1.9M | 2.8% | 14 | 0 |
| 10 | PNC Bank, National Association | 7(a) | 14 | $1.7M | 2.8% | 12 | +2 |
| 11 | Northeast Bank | 7(a) | 13 | $1.4M | 2.6% | 4 | +9 |
| 12 | Community Ventures Corporation | 504 | 11 | $5.4M | 2.2% | 15 | -4 |
| 13 | German American Bank | 7(a) | 10 | $8.6M | 2.0% | 5 | +5 |
| 14 | Live Oak Banking Company | 7(a) | 9 | $15.6M | 1.8% | 10 | -1 |
| 15 | Celtic Bank Corporation | 7(a) | 9 | $6.6M | 1.8% | 12 | -3 |
| 16 | Alloy Development Co., Inc. | 504 | 8 | $2.9M | 1.6% | 6 | +2 |
| 17 | Capital Access Corporation - Kentucky | 504 | 7 | $3.7M | 1.4% | 9 | -2 |
| 18 | Newtek Small Business Finance, Inc. | 7(a) | 6 | $5.7M | 1.2% | 6 | 0 |
| 19 | Traditional Bank Inc | 7(a) | 6 | $1.1M | 1.2% | 6 | 0 |
| 20 | Truist Bank | 7(a) | 6 | $806K | 1.2% | 5 | +1 |
| 21 | KeyBank National Association | 7(a) | 5 | $6.1M | 1.0% | 1 | +4 |
| 22 | BayFirst National Bank | 7(a) | 5 | $795K | 1.0% | 11 | -6 |
| 23 | Stearns Bank National Association | 7(a) | 5 | $666K | 1.0% | 7 | -2 |
| 24 | Wells Fargo Bank National Association | 7(a) | 4 | $6.6M | 0.8% | 4 | 0 |
| 25 | Byline Bank | 7(a) | 4 | $2.6M | 0.8% | 1 | +3 |
| 26 | First Financial Bank | 7(a) | 3 | $2.2M | 0.6% | 4 | -1 |
| 27 | Central Bank & Trust Co. | 7(a) | 3 | $572K | 0.6% | 2 | +1 |
| 28 | Seacoast National Bank | 7(a) | 3 | $550K | 0.6% | 0 | new |
| 29 | United Midwest Savings Bank National Association | 7(a) | 3 | $400K | 0.6% | 2 | +1 |
| 30 | First Commonwealth Bank | 7(a) | 3 | $375K | 0.6% | 2 | +1 |
| 31 | Bank of the Bluegrass & Trust Company | 7(a) | 2 | — | 0.4% | 2 | 0 |
| 32 | Forcht Bank, National Association | 7(a) | 2 | — | 0.4% | 0 | new |
| 33 | Independence Bank | 7(a) | 2 | — | 0.4% | 4 | -2 |
| 34 | First Merchants Bank | 7(a) | 1 | — | 0.2% | 6 | -5 |
| 35 | Commonwealth Business Bank | 7(a) | 1 | — | 0.2% | 0 | new |
| 36 | Western Commerce Bank | 7(a) | 1 | — | 0.2% | 1 | 0 |
| 37 | Everwise Credit Union | 7(a) | 1 | — | 0.2% | 1 | 0 |
| 38 | Beacon Bank and Trust | 7(a) | 1 | — | 0.2% | 2 | -1 |
| 39 | CIBM Bank | 7(a) | 1 | — | 0.2% | 0 | new |
| 40 | Bank Five Nine | 7(a) | 1 | — | 0.2% | 1 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Jefferson County | 123 | $44.9M | 24.2% | 111 | +12 |
| 2 | Fayette County | 51 | $13.9M | 10.0% | 56 | -5 |
| 3 | Boone County | 40 | $6.8M | 7.9% | 36 | +4 |
| 4 | Kenton County | 36 | $24.1M | 7.1% | 48 | -12 |
| 5 | Campbell County | 27 | $5.9M | 5.3% | 14 | +13 |
| 6 | Warren County | 17 | $7.5M | 3.3% | 7 | +10 |
| 7 | Woodford County | 13 | $477K | 2.6% | 5 | +8 |
| 8 | Oldham County | 10 | $3.4M | 2.0% | 5 | +5 |
| 9 | Pike County | 10 | $1.9M | 2.0% | 12 | -2 |
| 10 | Bullitt County | 10 | $2.8M | 2.0% | 4 | +6 |
| 11 | Shelby County | 10 | $1.2M | 2.0% | 4 | +6 |
| 12 | Allen County | 8 | $331K | 1.6% | 1 | +7 |
| 13 | Grant County | 8 | $356K | 1.6% | 7 | +1 |
| 14 | Madison County | 7 | $4.1M | 1.4% | 9 | -2 |
| 15 | Daviess County | 7 | $3.9M | 1.4% | 9 | -2 |
| 16 | Scott County | 6 | $1.0M | 1.2% | 5 | +1 |
| 17 | Jessamine County | 6 | $529K | 1.2% | 8 | -2 |
| 18 | Barren County | 5 | $412K | 1.0% | 11 | -6 |
| 19 | Hardin County | 5 | $2.4M | 1.0% | 13 | -8 |
| 20 | Boyle County | 5 | $1.8M | 1.0% | 6 | -1 |
| 21 | Mercer County | 5 | $1.0M | 1.0% | 3 | +2 |
| 22 | McCracken County | 4 | $1.0M | 0.8% | 13 | -9 |
| 23 | Christian County | 4 | $869K | 0.8% | 5 | -1 |
| 24 | Calloway County | 4 | $3.1M | 0.8% | 2 | +2 |
| 25 | Bourbon County | 4 | $283K | 0.8% | 3 | +1 |
| 26 | Nelson County | 3 | $2.2M | 0.6% | 4 | -1 |
| 27 | Clark County | 3 | $434K | 0.6% | 3 | 0 |
| 28 | Hopkins County | 3 | $240K | 0.6% | 4 | -1 |
| 29 | Laurel County | 3 | $4.3M | 0.6% | 5 | -2 |
| 30 | Morgan County | 3 | $60K | 0.6% | 0 | new |
| 31 | Carroll County | 2 | — | 0.4% | 1 | +1 |
| 32 | Graves County | 2 | — | 0.4% | 4 | -2 |
| 33 | Lawrence County | 2 | — | 0.4% | 1 | +1 |
| 34 | Marion County | 2 | — | 0.4% | 0 | new |
| 35 | Hart County | 2 | — | 0.4% | 3 | -1 |
| 36 | Boyd County | 2 | — | 0.4% | 2 | 0 |
| 37 | Grayson County | 2 | — | 0.4% | 0 | new |
| 38 | Butler County | 2 | — | 0.4% | 0 | new |
| 39 | Garrard County | 2 | — | 0.4% | 1 | +1 |
| 40 | Whitley County | 2 | — | 0.4% | 2 | 0 |
The 40 counties with the most approvals; every county is on the Kentucky page.
FY2018 against FY2017
| Kentucky | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 482 | 480 |
| 7(a) dollars | $156M | $160M |
| Median 7(a) approval | $116K | $110K |
| 504 approvals | 27 | 37 |
| 504 dollars | $12.6M | $24.6M |
| Jobs supported, as reported | 4,518 | 5,451 |
Questions and answers
Which lenders made the most SBA loans in Kentucky in FY2018?
The Huntington National Bank (100), U.S. Bank, National Association (84), Community Trust Bank, Inc. (59), Republic Bank & Trust Company (19), First Financial Bank (17). 58 lenders had at least one approval.
How many SBA loans were approved in Kentucky in FY2018?
509: 482 under 7(a) worth $156M and 27 under 504 worth $12.6M.
Which Kentucky counties had the most SBA approvals in FY2018?
Jefferson County (123), Fayette County (51), Boone County (40), Kenton County (36), Campbell County (27).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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