FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Kentucky, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 467 loans in Kentucky: 442 under 7(a) and 25 under 504, worth $172M.
That is down 8% on FY2018, when there were 509 approvals worth $169M.
Kentucky accounted for 0.8% of the 58,006 approvals nationwide that year. 59 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 89.
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 FY2019, of 59 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 89 | $11.7M | 19.1% | 84 | +5 |
| 2 | The Huntington National Bank | 7(a) | 68 | $15.9M | 14.6% | 100 | -32 |
| 3 | Community Trust Bank, Inc. | 7(a) | 62 | $4.9M | 13.3% | 59 | +3 |
| 4 | Republic Bank & Trust Company | 7(a) | 25 | $6.9M | 5.4% | 19 | +6 |
| 5 | First Financial Bank, National Association | 7(a) | 23 | $9.2M | 4.9% | 17 | +6 |
| 6 | Truist Bank | 7(a) | 20 | $3.4M | 4.3% | 6 | +14 |
| 7 | First Financial Bank | 7(a) | 15 | $3.7M | 3.2% | 17 | -2 |
| 8 | PNC Bank, National Association | 7(a) | 14 | $2.1M | 3.0% | 14 | 0 |
| 9 | Stock Yards Bank & Trust Company | 7(a) | 12 | $9.1M | 2.6% | 14 | -2 |
| 10 | BayFirst National Bank | 7(a) | 10 | $1.7M | 2.1% | 5 | +5 |
| 11 | Capital Access Corporation - Kentucky | 504 | 9 | $5.4M | 1.9% | 7 | +2 |
| 12 | United Midwest Savings Bank National Association | 7(a) | 8 | $1.3M | 1.7% | 3 | +5 |
| 13 | Live Oak Banking Company | 7(a) | 7 | $13.7M | 1.5% | 9 | -2 |
| 14 | German American Bank | 7(a) | 6 | $7.8M | 1.3% | 10 | -4 |
| 15 | Stearns Bank National Association | 7(a) | 6 | $2.0M | 1.3% | 5 | +1 |
| 16 | Forcht Bank, National Association | 7(a) | 6 | $1.6M | 1.3% | 2 | +4 |
| 17 | Premier Capital Corporation | 504 | 5 | $7.7M | 1.1% | 0 | new |
| 18 | Celtic Bank Corporation | 7(a) | 5 | $6.3M | 1.1% | 9 | -4 |
| 19 | Community Ventures Corporation | 504 | 5 | $3.9M | 1.1% | 11 | -6 |
| 20 | Alloy Development Co., Inc. | 504 | 5 | $3.0M | 1.1% | 8 | -3 |
| 21 | Northeast Bank | 7(a) | 5 | $1.9M | 1.1% | 13 | -8 |
| 22 | JPMorgan Chase Bank, National Association | 7(a) | 5 | $614K | 1.1% | 17 | -12 |
| 23 | Citizens Bank | 7(a) | 4 | $2.0M | 0.9% | 0 | new |
| 24 | Newtek Small Business Finance, Inc. | 7(a) | 4 | $1.7M | 0.9% | 6 | -2 |
| 25 | First Merchants Bank | 7(a) | 4 | $1.5M | 0.9% | 1 | +3 |
| 26 | Town & Country Bank and Trust Company | 7(a) | 3 | $3.0M | 0.6% | 1 | +2 |
| 27 | Five Star Bank | 7(a) | 3 | $710K | 0.6% | 1 | +2 |
| 28 | Seacoast National Bank | 7(a) | 3 | $665K | 0.6% | 3 | 0 |
| 29 | CFBank National Association | 7(a) | 2 | — | 0.4% | 0 | new |
| 30 | Peoples Bank | 7(a) | 2 | — | 0.4% | 0 | new |
| 31 | Wilson & Muir Bank & Trust Company | 7(a) | 2 | — | 0.4% | 1 | +1 |
| 32 | Wells Fargo Bank National Association | 7(a) | 2 | — | 0.4% | 4 | -2 |
| 33 | Fifth Third Bank | 7(a) | 2 | — | 0.4% | 14 | -12 |
| 34 | Bank Five Nine | 7(a) | 1 | — | 0.2% | 1 | 0 |
| 35 | The Bancorp Bank National Association | 7(a) | 1 | — | 0.2% | 1 | 0 |
| 36 | IncredibleBank | 7(a) | 1 | — | 0.2% | 0 | new |
| 37 | OakStar Bank | 7(a) | 1 | — | 0.2% | 0 | new |
| 38 | GBank | 7(a) | 1 | — | 0.2% | 0 | new |
| 39 | SouthState Bank, National Association | 7(a) | 1 | — | 0.2% | 0 | new |
| 40 | First Western SBLC, LLC | 7(a) | 1 | — | 0.2% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Jefferson County | 120 | $45.2M | 25.7% | 123 | -3 |
| 2 | Fayette County | 37 | $8.6M | 7.9% | 51 | -14 |
| 3 | Boone County | 33 | $8.6M | 7.1% | 40 | -7 |
| 4 | Kenton County | 32 | $8.3M | 6.9% | 36 | -4 |
| 5 | Campbell County | 17 | $6.5M | 3.6% | 27 | -10 |
| 6 | Warren County | 16 | $6.6M | 3.4% | 17 | -1 |
| 7 | Daviess County | 15 | $8.5M | 3.2% | 7 | +8 |
| 8 | Scott County | 13 | $2.7M | 2.8% | 6 | +7 |
| 9 | Woodford County | 13 | $721K | 2.8% | 13 | 0 |
| 10 | Oldham County | 12 | $5.4M | 2.6% | 10 | +2 |
| 11 | Pike County | 12 | $749K | 2.6% | 10 | +2 |
| 12 | Barren County | 9 | $4.3M | 1.9% | 5 | +4 |
| 13 | Madison County | 8 | $4.5M | 1.7% | 7 | +1 |
| 14 | Christian County | 8 | $2.6M | 1.7% | 4 | +4 |
| 15 | Boyd County | 8 | $1.8M | 1.7% | 2 | +6 |
| 16 | Hardin County | 7 | $6.6M | 1.5% | 5 | +2 |
| 17 | Anderson County | 7 | $1.6M | 1.5% | 2 | +5 |
| 18 | Bullitt County | 6 | $597K | 1.3% | 10 | -4 |
| 19 | Jessamine County | 5 | $1.4M | 1.1% | 6 | -1 |
| 20 | Laurel County | 5 | $5.3M | 1.1% | 3 | +2 |
| 21 | McCracken County | 4 | $2.4M | 0.9% | 4 | 0 |
| 22 | Graves County | 4 | $4.9M | 0.9% | 2 | +2 |
| 23 | Nelson County | 4 | $3.4M | 0.9% | 3 | +1 |
| 24 | Monroe County | 3 | $66K | 0.6% | 0 | new |
| 25 | Allen County | 3 | $90K | 0.6% | 8 | -5 |
| 26 | Logan County | 3 | $105K | 0.6% | 1 | +2 |
| 27 | Hopkins County | 3 | $322K | 0.6% | 3 | 0 |
| 28 | Henderson County | 3 | $8.6M | 0.6% | 1 | +2 |
| 29 | Calloway County | 2 | — | 0.4% | 4 | -2 |
| 30 | Grant County | 2 | — | 0.4% | 8 | -6 |
| 31 | Marion County | 2 | — | 0.4% | 2 | 0 |
| 32 | Hart County | 2 | — | 0.4% | 2 | 0 |
| 33 | Boyle County | 2 | — | 0.4% | 5 | -3 |
| 34 | Simpson County | 2 | — | 0.4% | 2 | 0 |
| 35 | Pulaski County | 2 | — | 0.4% | 1 | +1 |
| 36 | Green County | 2 | — | 0.4% | 1 | +1 |
| 37 | Floyd County | 2 | — | 0.4% | 1 | +1 |
| 38 | Adair County | 2 | — | 0.4% | 2 | 0 |
| 39 | Greenup County | 2 | — | 0.4% | 0 | new |
| 40 | Fleming County | 2 | — | 0.4% | 1 | +1 |
The 40 counties with the most approvals; every county is on the Kentucky page.
FY2019 against FY2018
| Kentucky | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 442 | 482 |
| 7(a) dollars | $151M | $156M |
| Median 7(a) approval | $100K | $116K |
| 504 approvals | 25 | 27 |
| 504 dollars | $20.5M | $12.6M |
| Jobs supported, as reported | 4,186 | 4,518 |
Questions and answers
Which lenders made the most SBA loans in Kentucky in FY2019?
U.S. Bank, National Association (89), The Huntington National Bank (68), Community Trust Bank, Inc. (62), Republic Bank & Trust Company (25), First Financial Bank, National Association (23). 59 lenders had at least one approval.
How many SBA loans were approved in Kentucky in FY2019?
467: 442 under 7(a) worth $151M and 25 under 504 worth $20.5M.
Which Kentucky counties had the most SBA approvals in FY2019?
Jefferson County (120), Fayette County (37), Boone County (33), Kenton County (32), Campbell County (17).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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