Last annual update:
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 | 95 | $139,712 | 8.4% |
| 2 | Huntington National | Columbus, OH | 92 | $234,943 | 7.0% |
| 3 | Community Trust Bank | Pikeville, KY | 54 | $83,165 | 6.3% |
| 4 | Republic Bank & Trust | Louisville, KY | 23 | $177,317 | 5.9% |
| 5 | Hancock Bank & Trust Company | Hawesville, KY | 19 | $274,184 | 6.5% |
| 6 | Independence Bank | East Greenwich, RI | 18 | $119,444 | 6.6% |
| 7 | PNC Bank | Wilmington, DE | 16 | $176,563 | 7.6% |
| 8 | Celtic Bank | Salt Lake City, UT | 11 | $882,545 | 7.3% |
| 9 | JPMorgan Chase Bank | Columbus, OH | 11 | $157,318 | 7.2% |
| 10 | BB&T | Winston Salem, NC | 9 | $138,835 | 6.1% |
| 11 | Fifth Third Bank | Cincinnati, OH | 9 | $106,133 | 6.9% |
| 12 | First Home Bank | Seminole, FL | 8 | $125,625 | 7.8% |
| 13 | MainSource Bank | Greensburg, IN | 7 | $356,857 | 5.0% |
| 14 | Newtek Small Business | Lake Success, NY | 7 | $884,500 | 7.6% |
| 15 | First Financial Bank | Cincinnati, OH | 6 | $141,833 | 5.8% |
| 16 | Stearns Bank | Saint Cloud, MN | 6 | $312,833 | 7.6% |
| 17 | Citizens Union Bank of Shelbyville | Shelbyville, KY | 5 | $1,665,780 | 7.2% |
| 18 | Live Oak | Wilmington, NC | 5 | $2,111,000 | 7.0% |
| 19 | Stock Yards Bank & Trust | Louisville, KY | 5 | $462,360 | 6.4% |
| 20 | Wells Fargo | Sioux Falls, SD | 5 | $1,382,220 | 6.6% |