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SBA lending by metro area

SBA lenders in Richmond, KY

Which lenders fund Richmond-area businesses, how much, and how the market compares with Kentucky: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
163
Total funded
$71.4M
Average loan
$438K
7(a) charge-off
3.9%

Top SBA lenders in the Richmond area

Ranked by SBA volume funded to businesses located in the Richmond micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Community Trust Bank, Inc. 36 $11.6M $322K 2.78%
2 JPMorgan Chase Bank, National Association 10 $5.2M $517K not reported
3 U.S. Bank, National Association 37 $2.1M $56K 5.41%
4 The Huntington National Bank 5 $1.6M $314K not reported
5 Stock Yards Bank & Trust Company 5 $1.5M $301K not reported
6 Newtek Bank, National Association 5 $865K $173K not reported
7 Northeast Bank 8 $682K $85K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Richmond compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Richmond area $111K ▼ 22.3% 4.3% ▼ 2.5 pts
Kentucky$143K6.8%
United States$179K11.2%

What gets funded in Richmond

IndustryLoansTotal funded
Accommodation and Food Services 17 $17.0M
Retail Trade 34 $15.2M
Manufacturing 15 $14.8M
Health Care and Social Assistance 24 $10.6M
Other Services 15 $5.7M
Construction 22 $2.8M
Arts, Entertainment, Recreation 6 $1.8M
Transportation and Warehousing 6 $1.4M

SBA lending in Richmond by year

Geography, precisely

"Richmond area" here means the Richmond-Berea, KY micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Estill County, KY; Madison County, KY; Rockcastle County, KY. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.