SBA loan data
SBA loans in Kentucky: FY2020–FY2025 data
Kentucky ranked #31 of 50 states and DC by number of SBA 7(a) and 504 loans approved in FY2020–FY2025. Below: volume by year, loan sizes, industries, and the lenders and CDCs that made the most loans, all from SBA's public loan-level data.
Data as of (SBA 7(a) & 504 FOIA release). Headline figures cover fiscal years 2020 through 2025 (October 1, 2019 to September 30, 2025). Methodology and sources.
Headline numbers, FY2020–FY2025
2,600 SBA 7(a) and 504 loans totaling $1.26 billion were approved in Kentucky in FY2020–FY2025 (2,441 7(a) and 159 504), excluding loans later cancelled.
- 2,600SBA loans approved (7(a) + 504)
- $1.26 billionTotal approved amount
- $150,000Median 7(a) loan (2,441 loans)
- $461,000Median 504 amount (159 loans)
- 27,195Jobs supported, as reported on the loans
- 16.6%Loans to franchise businesses
What this means for a borrower
- Half of the 7(a) loans approved in Kentucky were between $50,000 and $468,000, and the median was $150,000, 24% below the national median of $198,300. A request well above $468,000 would be larger than three in four 7(a) loans recorded here.
- 45.6% of 7(a) loans here were under $150,000 (national: 40.6%).
- 504 loans were 6.1% of the loans counted here (national: 11.7%), with a median 504 amount of $461,000.
- 139 lenders (counted by name as recorded in the data) approved at least one 7(a) loan here. The 10 most active by count made 64.9% of 7(a) loans, so 7(a) lending here is concentrated among a small group of lenders.
- 7(a) approvals went from 317 in FY2020 to 486 in FY2025, up 53%.
- The sector with the most loans was Construction (15.0% of loans), followed by Accommodation and Food Services (14.4%).
These are counts of approved loans. The data does not show applications that were declined or withdrawn, so it says nothing about approval odds, and past volume is not a forecast for any individual request.
Loans by fiscal year
| Fiscal year | 7(a) loans | 7(a) amount | 504 loans | 504 amount |
|---|---|---|---|---|
| FY2020 | 317 | $127.0 million | 25 | $16.1 million |
| FY2021 | 406 | $220.9 million | 39 | $28.5 million |
| FY2022 | 360 | $169.1 million | 31 | $20.7 million |
| FY2023 | 403 | $181.9 million | 18 | $18.1 million |
| FY2024 | 469 | $197.7 million | 28 | $22.2 million |
| FY2025 | 486 | $236.4 million | 18 | $22.1 million |
| FY2026 (to 06/30, partial) | 298 | $163.2 million | 11 | $11.3 million |
FY2026 covers only part of the year and is not included in any other figure on this page. Recent years can still change as loans are cancelled after approval.
Loan sizes
| Measure | 7(a) | 504 |
|---|---|---|
| Loans | 2,441 | 159 |
| 25th percentile | $50,000 | $227,000 |
| Median | $150,000 | $461,000 |
| 75th percentile | $468,000 | $940,500 |
| Average | $464,158 | $802,660 |
| Loan amount | 7(a) loans | 7(a) share | 504 loans | 504 share |
|---|---|---|---|---|
| Under $150,000 | 1,112 | 45.6% | 19 | 11.9% |
| $150,000 to $349,999 | 558 | 22.9% | 48 | 30.2% |
| $350,000 to $999,999 | 461 | 18.9% | 54 | 34.0% |
| $1 million to $1,999,999 | 181 | 7.4% | 20 | 12.6% |
| $2 million to $4,999,999 | 117 | 4.8% | 18 | 11.3% |
| $5 million or more | 12 | 0.5% | fewer than 10 | fewer than 10 |
504 amounts are the CDC portion recorded in SBA's data (the "GrossApproval" field); the separate first-lien lender loan in a 504 project is not included, so 504 and 7(a) amounts are not directly comparable.
Industries
| Sector | Loans | Share | Amount |
|---|---|---|---|
| Construction (23) | 390 | 15.0% | $131.2 million |
| Accommodation and Food Services (72) | 374 | 14.4% | $311.2 million |
| Retail Trade (44-45) | 323 | 12.4% | $139.5 million |
| Other Services (except Public Administration) (81) | 280 | 10.8% | $126.5 million |
| Health Care and Social Assistance (62) | 244 | 9.4% | $124.5 million |
| Professional, Scientific, and Technical Services (54) | 182 | 7.0% | $67.0 million |
| Transportation and Warehousing (48-49) | 165 | 6.3% | $41.9 million |
| Manufacturing (31-33) | 158 | 6.1% | $100.5 million |
| Administrative and Support and Waste Management and Remediation Services (56) | 132 | 5.1% | $35.4 million |
| Arts, Entertainment, and Recreation (71) | 83 | 3.2% | $34.1 million |
| Industry | Loans | Share |
|---|---|---|
| Full-Service Restaurants (722511) | 110 | 4.2% |
| Limited-Service Restaurants (722513) | 98 | 3.8% |
| Hotels (except Casino Hotels) and Motels (721110) | 69 | 2.7% |
| All Other Specialty Trade Contractors (238990) | 65 | 2.5% |
| General Freight Trucking, Long-Distance, Truckload (484121) | 61 | 2.3% |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 59 | 2.3% |
| General Freight Trucking, Local (484110) | 54 | 2.1% |
| Landscaping Services (561730) | 52 | 2.0% |
| Residential Remodelers (236118) | 51 | 2.0% |
| Fitness and Recreational Sports Centers (713940) | 45 | 1.7% |
Shares are of all 7(a) and 504 loans for Kentucky in FY2020–FY2025. Only industries with at least 10 loans are listed.
Most active lenders and CDCs
Ranked by number of loans approved for Kentucky in FY2020–FY2025, then by amount. Names are shown exactly as recorded in SBA's data; the same institution can appear under more than one name, and we do not merge them. Lenders or CDCs with fewer than 10 loans here are not listed. This is a count of past activity, not a ranking of quality or a recommendation.
| # | Lender (as recorded) | Loans | Amount |
|---|---|---|---|
| 1 | The Huntington National Bank | 363 | $101.7 million |
| 2 | Community Trust Bank, Inc. | 324 | $65.9 million |
| 3 | U.S. Bank, National Association | 269 | $41.2 million |
| 4 | Republic Bank & Trust Company | 175 | $74.4 million |
| 5 | Stock Yards Bank & Trust Company | 168 | $97.7 million |
| 6 | PNC Bank, National Association | 64 | $11.3 million |
| 7 | Live Oak Banking Company | 62 | $95.5 million |
| 8 | Northeast Bank | 55 | $6.76 million |
| 9 | BayFirst National Bank | 54 | $7.14 million |
| 10 | Readycap Lending, LLC | 50 | $9.40 million |
| # | CDC (as recorded) | Loans | Amount |
|---|---|---|---|
| 1 | Alloy Development Co., Inc. | 41 | $35.4 million |
| 2 | Community Ventures Corporation | 41 | $33.8 million |
| 3 | Capital Access Corporation - Kentucky | 37 | $33.3 million |
| 4 | Premier Capital Corporation | 22 | $10.3 million |
139 lender names appear on at least one 7(a) loan for Kentucky, and 12 CDC names on at least one 504 loan.
7(a) loans by processing method
| Processing method (as recorded) | Loans | Share of 7(a) |
|---|---|---|
| SBA Express Program | 1,159 | 47.5% |
| Preferred Lenders Program | 1,069 | 43.8% |
| 7a General | 205 | 8.4% |
Compare
See national SBA loan data and every state, or the Pennsylvania county breakdown. Industry pages show the same tables for the 25 industries with the most SBA loans nationally.
Questions this data answers
How many SBA loans were approved in Kentucky from FY2020 to FY2025?
2,600 SBA 7(a) and 504 loans totaling $1.26 billion: 2,441 7(a) loans and 159 504 loans, according to SBA FOIA data as of June 30, 2026. Loans later cancelled are excluded.
What is the median SBA 7(a) loan size in Kentucky?
$150,000 for loans approved in FY2020–FY2025. Half of the 7(a) loans were between $50,000 and $468,000; the average was $464,158, pulled up by a smaller number of large loans.
What is the typical SBA 504 loan amount in Kentucky?
The median 504 amount was $461,000 across 159 loans. This is the CDC portion recorded in SBA's data; the separate first-lien lender loan in a 504 project is not included.
Which industries received the most SBA loans in Kentucky?
By loan count: Construction (15.0%), Accommodation and Food Services (14.4%), Retail Trade (12.4%), based on the NAICS code recorded for each loan.
Related guides
Have a specific deal in mind?
The numbers above describe loans that were approved. They do not say what any lender would do with your request. Tell us what you are trying to finance and we will help you see how it lines up. No documents needed to start, and we do not pull your credit.
Figures are compiled by Precise SBA from the U.S. Small Business Administration's public 7(a) and 504 FOIA loan-level data and are shown as recorded, including lender names. They describe past approvals only: they are not rates, approval odds, a ranking or an endorsement of any lender, and not a prediction for any loan. Precise SBA is not a lender and is not affiliated with the U.S. Small Business Administration. We never charge you. If a loan closes, the lender may pay us a referral fee, disclosed on SBA Form 159 (how we get paid).