Access the Top SBA Lending for Kentucky Small Business
Kentucky State, celebrated for its heritage and entrepreneurial ethos serves as a fertile ground, for the development of small businesses. Whether in the city of Louisville or the picturesque towns nestled in the Appalachian Mountains entrepreneurs have a variety of pathways for expansion and prosperity. By utilizing high quality SBA lending programs small businesses in Kentucky can access resources to drive their ventures forward with confidence.
Kentucky
The Bluegrass State
363,068 small businesses
706,644 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Kentucky
Between March 2021 and March 2022, 15,242 Kentucky establishments opened and 9,764 closed, for a net increase of 5,478. Employment expanded at 28,250 establishments and contracted at 22,349. Small businesses accounted for 14,449 openings and 9,240 closings.
Establishments in Kentucky
Employment in Kentucky
Between March 2021 and March 2022, 15,242 Kentucky establishments opened and 9,764 closed, for a net increase of 5,478. Employment expanded at 28,250 establishments and contracted at 22,349. Small businesses accounted for 14,449 openings and 9,240 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Kentucky
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $1.2 billion in loans to Kentucky businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $1.1 billion. Total reported new lending to businesses through loans of $1 million or less was $3.5 billion.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Kentucky's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Kentucky
Business Count by Demographic in Kentucky
Total Kentucky Employement by Business Size
Small Business Employment and Payroll by Industry in Kentucky
Source: Business Employment Dynamics (BLS)