FY20201 Oct 2019 – 30 Sep 2020
SBA loans in Kentucky, FY2020
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 FY2020 (1 October 2019 to 30 September 2020) SBA approved 391 loans in Kentucky: 364 under 7(a) and 27 under 504, worth $174M.
That is down 16% on FY2019, when there were 467 approvals worth $172M.
Kentucky accounted for 0.8% of the 49,417 approvals nationwide that year. 57 lenders had at least one approval in the state; The Huntington National Bank had the most, 59.
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 FY2020, of 57 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 59 | $9.4M | 15.1% | 68 | -9 |
| 2 | Community Trust Bank, Inc. | 7(a) | 57 | $7.7M | 14.6% | 62 | -5 |
| 3 | U.S. Bank, National Association | 7(a) | 53 | $2.7M | 13.6% | 89 | -36 |
| 4 | Republic Bank & Trust Company | 7(a) | 26 | $10.6M | 6.6% | 25 | +1 |
| 5 | First Financial Bank, National Association | 7(a) | 15 | $8.0M | 3.8% | 23 | -8 |
| 6 | PNC Bank, National Association | 7(a) | 13 | $1.4M | 3.3% | 14 | -1 |
| 7 | Community Ventures Corporation | 504 | 11 | $9.8M | 2.8% | 5 | +6 |
| 8 | Live Oak Banking Company | 7(a) | 8 | $12.8M | 2.0% | 7 | +1 |
| 9 | United Midwest Savings Bank National Association | 7(a) | 8 | $985K | 2.0% | 8 | 0 |
| 10 | First Merchants Bank | 7(a) | 7 | $7.2M | 1.8% | 4 | +3 |
| 11 | First Commonwealth Bank | 7(a) | 7 | $6.4M | 1.8% | 1 | +6 |
| 12 | Fifth Third Bank | 7(a) | 7 | $1.4M | 1.8% | 2 | +5 |
| 13 | Old National Bank | 7(a) | 6 | $6.0M | 1.5% | 1 | +5 |
| 14 | Premier Capital Corporation | 504 | 6 | $2.8M | 1.5% | 5 | +1 |
| 15 | FNB Bank, Inc. | 7(a) | 6 | $660K | 1.5% | 1 | +5 |
| 16 | Stock Yards Bank & Trust Company | 7(a) | 6 | $509K | 1.5% | 12 | -6 |
| 17 | Byline Bank | 7(a) | 5 | $12.7M | 1.3% | 1 | +4 |
| 18 | Alloy Development Co., Inc. | 504 | 5 | $3.2M | 1.3% | 5 | 0 |
| 19 | First Financial Bank | 7(a) | 5 | $2.3M | 1.3% | 1 | +4 |
| 20 | Capital Access Corporation - Kentucky | 504 | 5 | $2.0M | 1.3% | 9 | -4 |
| 21 | BayFirst National Bank | 7(a) | 5 | $961K | 1.3% | 10 | -5 |
| 22 | Forcht Bank, National Association | 7(a) | 5 | $637K | 1.3% | 6 | -1 |
| 23 | Newtek Small Business Finance, Inc. | 7(a) | 4 | $7.5M | 1.0% | 4 | 0 |
| 24 | German American Bank | 7(a) | 4 | $2.1M | 1.0% | 6 | -2 |
| 25 | First Financial Bank | 7(a) | 4 | $1.5M | 1.0% | 15 | -11 |
| 26 | Five Star Bank | 7(a) | 4 | $905K | 1.0% | 3 | +1 |
| 27 | Banc of California | 7(a) | 3 | $3.2M | 0.8% | 0 | new |
| 28 | Stearns Bank National Association | 7(a) | 3 | $1.1M | 0.8% | 6 | -3 |
| 29 | American Bank & Trust Company, Inc. | 7(a) | 3 | $206K | 0.8% | 0 | new |
| 30 | GBank | 7(a) | 2 | — | 0.5% | 1 | +1 |
| 31 | Truist Bank | 7(a) | 2 | — | 0.5% | 20 | -18 |
| 32 | KeyBank National Association | 7(a) | 2 | — | 0.5% | 0 | new |
| 33 | PromiseOne Bank | 7(a) | 2 | — | 0.5% | 0 | new |
| 34 | Peoples Bank | 7(a) | 2 | — | 0.5% | 0 | new |
| 35 | First Western SBLC, LLC | 7(a) | 2 | — | 0.5% | 1 | +1 |
| 36 | Burke & Herbert Bank & Trust Company | 7(a) | 2 | — | 0.5% | 0 | new |
| 37 | Poppy Bank | 7(a) | 2 | — | 0.5% | 0 | new |
| 38 | First Internet Bank of Indiana | 7(a) | 2 | — | 0.5% | 0 | new |
| 39 | The Paducah Bank and Trust Company | 7(a) | 2 | — | 0.5% | 0 | new |
| 40 | The Bancorp Bank National Association | 7(a) | 2 | — | 0.5% | 1 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|
| 1 | Jefferson County | 112 | $61.4M | 28.6% | 120 | -8 |
| 2 | Kenton County | 36 | $11.9M | 9.2% | 32 | +4 |
| 3 | Fayette County | 32 | $19.3M | 8.2% | 37 | -5 |
| 4 | Boone County | 24 | $6.0M | 6.1% | 33 | -9 |
| 5 | Warren County | 14 | $4.4M | 3.6% | 16 | -2 |
| 6 | Scott County | 11 | $701K | 2.8% | 13 | -2 |
| 7 | Campbell County | 9 | $1.5M | 2.3% | 17 | -8 |
| 8 | Jessamine County | 8 | $2.9M | 2.0% | 5 | +3 |
| 9 | Daviess County | 7 | $3.8M | 1.8% | 15 | -8 |
| 10 | Pulaski County | 7 | $1.5M | 1.8% | 2 | +5 |
| 11 | Madison County | 5 | $6.1M | 1.3% | 8 | -3 |
| 12 | McCracken County | 5 | $2.1M | 1.3% | 4 | +1 |
| 13 | Hardin County | 5 | $1.5M | 1.3% | 7 | -2 |
| 14 | Woodford County | 5 | $1.0M | 1.3% | 13 | -8 |
| 15 | Calloway County | 5 | $565K | 1.3% | 2 | +3 |
| 16 | Oldham County | 4 | $1.2M | 1.0% | 12 | -8 |
| 17 | Barren County | 4 | $6.5M | 1.0% | 9 | -5 |
| 18 | Rowan County | 4 | $1.1M | 1.0% | 1 | +3 |
| 19 | Shelby County | 4 | $1.6M | 1.0% | 1 | +3 |
| 20 | Garrard County | 4 | $2.0M | 1.0% | 1 | +3 |
| 21 | Pendleton County | 4 | $208K | 1.0% | 1 | +3 |
| 22 | Fleming County | 4 | $738K | 1.0% | 2 | +2 |
| 23 | Marshall County | 3 | $559K | 0.8% | 1 | +2 |
| 24 | Spencer County | 3 | $2.2M | 0.8% | 1 | +2 |
| 25 | Pike County | 3 | $130K | 0.8% | 12 | -9 |
| 26 | Nelson County | 3 | $1.9M | 0.8% | 4 | -1 |
| 27 | Marion County | 3 | $93K | 0.8% | 2 | +1 |
| 28 | Bourbon County | 3 | $121K | 0.8% | 0 | new |
| 29 | Trigg County | 3 | $1.6M | 0.8% | 1 | +2 |
| 30 | Harrison County | 3 | $104K | 0.8% | 1 | +2 |
| 31 | Letcher County | 2 | — | 0.5% | 1 | +1 |
| 32 | Carroll County | 2 | — | 0.5% | 0 | new |
| 33 | Montgomery County | 2 | — | 0.5% | 0 | new |
| 34 | Christian County | 2 | — | 0.5% | 8 | -6 |
| 35 | Henry County | 2 | — | 0.5% | 1 | +1 |
| 36 | Bullitt County | 2 | — | 0.5% | 6 | -4 |
| 37 | Lincoln County | 2 | — | 0.5% | 0 | new |
| 38 | Hopkins County | 2 | — | 0.5% | 3 | -1 |
| 39 | Laurel County | 2 | — | 0.5% | 5 | -3 |
| 40 | Anderson County | 2 | — | 0.5% | 7 | -5 |
The 40 counties with the most approvals; every county is on the Kentucky page.
FY2020 against FY2019
| Kentucky | FY2020 | FY2019 |
|---|---|---|
| 7(a) approvals | 364 | 442 |
| 7(a) dollars | $157M | $151M |
| Median 7(a) approval | $100K | $100K |
| 504 approvals | 27 | 25 |
| 504 dollars | $17.8M | $20.5M |
| Jobs supported, as reported | 3,526 | 4,186 |
Questions and answers
Which lenders made the most SBA loans in Kentucky in FY2020?
The Huntington National Bank (59), Community Trust Bank, Inc. (57), U.S. Bank, National Association (53), Republic Bank & Trust Company (26), First Financial Bank, National Association (15). 57 lenders had at least one approval.
How many SBA loans were approved in Kentucky in FY2020?
391: 364 under 7(a) worth $157M and 27 under 504 worth $17.8M.
Which Kentucky counties had the most SBA approvals in FY2020?
Jefferson County (112), Kenton County (36), Fayette County (32), Boone County (24), Warren County (14).
When does FY2020 start and end?
The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.
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