FY20251 Oct 2024 – 30 Sep 2025
SBA loans in Kentucky, FY2025
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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 615 loans in Kentucky: 597 under 7(a) and 18 under 504, worth $310M.
That is up 12% on FY2024, when there were 549 approvals worth $241M.
Kentucky accounted for 0.7% of the 84,840 approvals nationwide that year. 83 lenders had at least one approval in the state; Northeast Bank had the most, 82.
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 FY2025, of 83 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2024 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Northeast Bank | 7(a) | 82 | $13.9M | 13.3% | 25 | +57 |
| 2 | U.S. Bank, National Association | 7(a) | 64 | $10.8M | 10.4% | 50 | +14 |
| 3 | Community Trust Bank, Inc. | 7(a) | 60 | $12.6M | 9.8% | 53 | +7 |
| 4 | The Huntington National Bank | 7(a) | 55 | $18.6M | 8.9% | 66 | -11 |
| 5 | Stock Yards Bank & Trust Company | 7(a) | 45 | $35.0M | 7.3% | 37 | +8 |
| 6 | Newtek Bank, National Association | 7(a) | 36 | $13.4M | 5.9% | 25 | +11 |
| 7 | Republic Bank & Trust Company | 7(a) | 32 | $11.9M | 5.2% | 26 | +6 |
| 8 | Live Oak Banking Company | 7(a) | 18 | $28.9M | 2.9% | 11 | +7 |
| 9 | Readycap Lending, LLC | 7(a) | 18 | $2.9M | 2.9% | 23 | -5 |
| 10 | Celtic Bank Corporation | 7(a) | 12 | $6.6M | 2.0% | 5 | +7 |
| 11 | United Midwest Savings Bank National Association | 7(a) | 10 | $7.3M | 1.6% | 10 | 0 |
| 12 | Fifth Third Bank | 7(a) | 10 | $3.9M | 1.6% | 11 | -1 |
| 13 | Lendistry SBLC, LLC | 7(a) | 10 | $1.6M | 1.6% | 2 | +8 |
| 14 | PNC Bank, National Association | 7(a) | 9 | $2.2M | 1.5% | 10 | -1 |
| 15 | JPMorgan Chase Bank, National Association | 7(a) | 8 | $1.1M | 1.3% | 11 | -3 |
| 16 | Heritage Bank Inc | 7(a) | 7 | $10.2M | 1.1% | 5 | +2 |
| 17 | WesBanco Bank, Inc. | 7(a) | 7 | $1.1M | 1.1% | 2 | +5 |
| 18 | BayFirst National Bank | 7(a) | 7 | $808K | 1.1% | 25 | -18 |
| 19 | First Harrison Bank | 7(a) | 6 | $1.2M | 1.0% | 0 | new |
| 20 | Alloy Development Co., Inc. | 504 | 5 | $11.3M | 0.8% | 9 | -4 |
| 21 | Old National Bank | 7(a) | 5 | $4.9M | 0.8% | 8 | -3 |
| 22 | American Momentum Bank | 7(a) | 5 | $2.9M | 0.8% | 0 | new |
| 23 | South Central Bank, Inc. | 7(a) | 4 | $8.1M | 0.7% | 6 | -2 |
| 24 | First Financial Bank | 7(a) | 4 | $5.4M | 0.7% | 1 | +3 |
| 25 | First Bank of the Lake | 7(a) | 4 | $4.4M | 0.7% | 3 | +1 |
| 26 | Purchase Area Development District | 504 | 4 | $1.5M | 0.7% | 4 | 0 |
| 27 | American Bank & Trust Company, Inc. | 7(a) | 4 | $885K | 0.7% | 10 | -6 |
| 28 | GBank | 7(a) | 3 | $7.5M | 0.5% | 5 | -2 |
| 29 | Community Ventures Corporation | 504 | 3 | $4.7M | 0.5% | 6 | -3 |
| 30 | Premier Capital Corporation | 504 | 3 | $2.8M | 0.5% | 0 | new |
| 31 | Community Financial Services Bank | 7(a) | 3 | $745K | 0.5% | 1 | +2 |
| 32 | The Paducah Bank and Trust Company | 7(a) | 3 | $406K | 0.5% | 0 | new |
| 33 | US Metro Bank | 7(a) | 2 | — | 0.3% | 0 | new |
| 34 | Enterprise Bank & Trust | 7(a) | 2 | — | 0.3% | 2 | 0 |
| 35 | Farmers State Bank of Alto Pass, Illinois | 7(a) | 2 | — | 0.3% | 0 | new |
| 36 | T Bank, National Association | 7(a) | 2 | — | 0.3% | 0 | new |
| 37 | TowneBank | 7(a) | 2 | — | 0.3% | 3 | -1 |
| 38 | VelocitySBA, LLC | 7(a) | 2 | — | 0.3% | 1 | +1 |
| 39 | Beacon Bank and Trust | 7(a) | 2 | — | 0.3% | 1 | +1 |
| 40 | Bank of America, National Association | 7(a) | 2 | — | 0.3% | 1 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2024 | Change |
|---|---|---|---|---|---|---|
| 1 | Jefferson County | 171 | $89.4M | 27.8% | 132 | +39 |
| 2 | Fayette County | 59 | $29.0M | 9.6% | 57 | +2 |
| 3 | Kenton County | 41 | $19.0M | 6.7% | 52 | -11 |
| 4 | Oldham County | 25 | $21.4M | 4.1% | 8 | +17 |
| 5 | Warren County | 25 | $7.0M | 4.1% | 19 | +6 |
| 6 | Boone County | 22 | $8.1M | 3.6% | 31 | -9 |
| 7 | McCracken County | 19 | $9.2M | 3.1% | 3 | +16 |
| 8 | Pike County | 19 | $2.0M | 3.1% | 9 | +10 |
| 9 | Madison County | 16 | $5.6M | 2.6% | 13 | +3 |
| 10 | Hardin County | 14 | $15.0M | 2.3% | 6 | +8 |
| 11 | Shelby County | 13 | $6.6M | 2.1% | 18 | -5 |
| 12 | Scott County | 12 | $4.7M | 2.0% | 6 | +6 |
| 13 | Daviess County | 9 | $11.3M | 1.5% | 21 | -12 |
| 14 | Campbell County | 9 | $6.0M | 1.5% | 16 | -7 |
| 15 | Bullitt County | 9 | $6.9M | 1.5% | 6 | +3 |
| 16 | Boyd County | 8 | $5.1M | 1.3% | 8 | 0 |
| 17 | Graves County | 7 | $2.6M | 1.1% | 2 | +5 |
| 18 | Jessamine County | 6 | $7.3M | 1.0% | 7 | -1 |
| 19 | Christian County | 6 | $1.5M | 1.0% | 5 | +1 |
| 20 | Clark County | 5 | $2.5M | 0.8% | 4 | +1 |
| 21 | Floyd County | 5 | $1.2M | 0.8% | 5 | 0 |
| 22 | Barren County | 4 | $532K | 0.7% | 5 | -1 |
| 23 | Spencer County | 4 | $368K | 0.7% | 2 | +2 |
| 24 | Lawrence County | 4 | $1.2M | 0.7% | 0 | new |
| 25 | Woodford County | 4 | $406K | 0.7% | 7 | -3 |
| 26 | Nelson County | 4 | $4.2M | 0.7% | 3 | +1 |
| 27 | Calloway County | 4 | $4.6M | 0.7% | 1 | +3 |
| 28 | Grant County | 4 | $1.1M | 0.7% | 5 | -1 |
| 29 | Knox County | 4 | $1.1M | 0.7% | 1 | +3 |
| 30 | Marion County | 4 | $833K | 0.7% | 0 | new |
| 31 | Pulaski County | 4 | $1.6M | 0.7% | 5 | -1 |
| 32 | Laurel County | 4 | $413K | 0.7% | 6 | -2 |
| 33 | Mercer County | 4 | $1.5M | 0.7% | 3 | +1 |
| 34 | Marshall County | 3 | $1.8M | 0.5% | 2 | +1 |
| 35 | Montgomery County | 3 | $670K | 0.5% | 8 | -5 |
| 36 | Henry County | 3 | $3.2M | 0.5% | 1 | +2 |
| 37 | Bourbon County | 3 | $525K | 0.5% | 3 | 0 |
| 38 | Simpson County | 3 | $4.3M | 0.5% | 2 | +1 |
| 39 | Bell County | 3 | $956K | 0.5% | 0 | new |
| 40 | Meade County | 3 | $450K | 0.5% | 0 | new |
The 40 counties with the most approvals; every county is on the Kentucky page.
FY2025 against FY2024
| Kentucky | FY2025 | FY2024 |
|---|---|---|
| 7(a) approvals | 597 | 520 |
| 7(a) dollars | $288M | $217M |
| Median 7(a) approval | $164K | $150K |
| 504 approvals | 18 | 29 |
| 504 dollars | $22.1M | $23.6M |
| Jobs supported, as reported | 6,680 | 4,760 |
Questions and answers
Which lenders made the most SBA loans in Kentucky in FY2025?
Northeast Bank (82), U.S. Bank, National Association (64), Community Trust Bank, Inc. (60), The Huntington National Bank (55), Stock Yards Bank & Trust Company (45). 83 lenders had at least one approval.
How many SBA loans were approved in Kentucky in FY2025?
615: 597 under 7(a) worth $288M and 18 under 504 worth $22.1M.
Which Kentucky counties had the most SBA approvals in FY2025?
Jefferson County (171), Fayette County (59), Kenton County (41), Oldham County (25), Warren County (25).
When does FY2025 start and end?
The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.
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