Last annual update:
Note: On March 31 the Treasury and SBA released important information regarding CARES Act SBA 7(a) loans. We encourage you to read our blog post and act quickly.
Few Kentucky-based banks were among the largest lenders to “The Bluegrass State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Kentucky:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 144 | $102,601 | 8.8% |
| 2 | The Huntington National Bank | Columbus, OH | 71 | $194,806 | 7.2% |
| 3 | Community Trust Bank | Pikeville, KY | 61 | $87,854 | 6.1% |
| 4 | Republic Bank & Trust | Louisville, KY | 26 | $279,546 | 5.8% |
| 5 | Hancock Bank & Trust Company | Hawesville, KY | 22 | $399,464 | 6.8% |
| 6 | United Midwest Savings Bank | De Graff, OH | 18 | $166,444 | 8.1% |
| 7 | PNC Bank | Wilmington, DE | 18 | $85,844 | 8.3% |
| 8 | BB&T | Winston Salem, NC | 17 | $176,418 | 6.9% |
| 9 | First Financial Bank | Cincinnati, OH | 16 | $240,375 | 6.1% |
| 10 | Stock Yards Bank & Trust | Louisville, KY | 12 | $455,283 | 6.1% |